Nakumatt Supermarkets has closed another outlet in Kenya - Things are thick (PHOTO)

Monday, September 11, 2017 - Nakumatt Supermarket is grappling with cash flow problems and this has seen it fail to pay most of its suppliers and even employees.


The giant retail chain with presence in Uganda, Tanzania, Rwanda and Kenya started showing signs of struggle in 2016 when it failed to pay suppliers in time.

Suppliers were forced to start demanding cash on delivery while others stopped doing business with them altogether.

This has resulted to empty shelves in...

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