Nakumatt seeking financial partner to bail it out

3,774 views · Published 4 July 2017 · 4:15 · Indexed 20 September 2026

Channel: NTV Kenya · 2017 · News & Politics

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Nakumatt Holdings could get a financial partner to help pull it out of its billions of shillings worth of debt in the next few weeks. NTV has learnt that the company is being advised by audit firm KPMG as it seeks for financing either through a partner or a loan to get out of its current troubles. Andrew Ochieng’ takes stock of the latest developments in the lowly stocked retailer.






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