Business NewsRetail analyst says allegations of internal fraud, sibling rivalry and aggressive debt to fuel expansion are taking toll on Tuskys business. Speaking to Weekend Business, Kenya Suppliers Association Chief Executive Ishmael Bett confirmed that Tuskys was facing issues. “The local retail sector continues to stand out in spite of the challenges that seem to be plaguing it. David Mukuha, the Managing Director of Naivas Supermarkets, feels that most local retailers learn on the job. With many smaller supermarkets budding, the potential for local retailers to hold their own in the market cannot be ignored.

Source: Standard Digital June 13, 2020 17:31 UTC