Hii hapo cannot thrive in Kibera and Kisumu Citeh...how do you expect the residents to pronounce the name?

[quote=KulaRaha]TZ sold, and they become minority.

They better prepare to become minority in Kenya too, no fool will buy 25% of your company and watch you keep fleecing it.

http://kenyanwallstreet....nzania-sells-51pc-stake[/quote]
These guys are making Tuskys to look much better well managed....as a big fan of their business model am so disappointed

You arent alone...

What kind of offers are these people had to line up for???

If I remember very well about 8 years ago Njiraiini boys went calling to nakumatt claiming they owed them taxes running into billions of kshs. The details of the plan that they struck out on paying are not known.
I think what we are witnessing now, like someone said, is an escape route to avoid KRA's door knocks for the hundreds if not billions of taxes that still remains unpaid.
I can guarantee you one thing for sure...that the money is being siphoned out of the country into offshore accounts. Some forensic audits needs to be done on nakumatts local bank accounts of the nakumatt owners and the company.