This archive report was first published on 10 July 2019.
On July 10, 2019, the High Court gave the nod for the permanent closure of Ukwala Supermarkets, a move that has seen PKF Consulting's Peter Kahi appointed to oversee the liquidation of the struggling retailer.
Ukwala, one of Kenya's oldest retail chains, owes the Kenya Revenue Authority Sh840 million, making the taxman one of the potential biggest losers in the wake of its collapse.
Mr. Kahi has invited the company's more than 300 suppliers and creditors to submit outstanding claims before the end of July 2019.
According to a notice published in local dailies, creditors are required to send full particulars of all claims they may have against the company by July 31, 2019.
Ukwala sought court orders to liquidate its business last November, and the move comes just a month after the High Court's decision.
