Tuskys: Tuskys Ordered to Clear KSh 248 Million Arrears or Face Liquidation

The High Court in Nairobi has given struggling supermarket chain, Tuskys, 45 days to clear arrears amounting to KSh248 million or face liquidation. Justice Francis Tuiyott said that Tuskys had gone mute on creditors and refused to arrange a meeting to discuss a debt repayment plan. Hotpoint electronics had moved to court seeking to compel [...]