PrideInn follows them towards the grave.

They could not pay, 69 million. 69 million...And we are laughing at Nakumatt.

http://www.businessdaily...22254-dcvymnz/index.html

Debt is/was a 2012 affair yawa

Who can pierce the viel and lay the debt levels at nakumatt with local banks. How could the banks be the last on this saga.
Banks must have been supporting inefficient businesses and facilitating shafting of middle class big time. The taunted growth was in virtual world and not real at all. Sooner or latter foreclosures will be theain talk. I need a safe place keep my wealth and save myself the deflation hell.
NSE has some time at the mechanic before spanner works is over. Cracks emerging very fast.
Somebody should hit the brakes at the right time. For now, it has to be cause multiplier effect failed and no Government wants to run such an economy it can not multiply and divide.
The story begin like this...
Uchumi got whacky first
Exposed banks taken to the cleaners
Nakuhurt dancing like a drunken master
Sublime Court darted the economy with poisoned darts
Kenyans dancing to the rythms
Recreations and luxury commodities on rhe rise
My memory fails me, hope its not dementia or something. Wazua, help me put up this together. Probably we will write the history together for the next rainy day.

The Nakumatt one is well spread, even KQ and many other organizations and individuals owe banks billions. without borrowing, banks wouldn't survive!!! Risk assessment ni yao .... they went to Nakumatt thinking individuals are to risk and cost inefficient to lend to. They are paying for their risk assessment anomalies!!!!!!

Kenya retail market is a gloomy sad story. How can you grow you business to such heights and then see it crumbling on yourself. Was there not ART, uchumi(icu and sedated) now nakumatt. Makes me feel sick.
So whomever is building an empire in this sector ultimately now has a record to break. Thieving kenyans.