News
Running Business In Kenya Has Become So Difficult, Betty Kyalo Says As Her Salon ‘Flair By Betty’ Put On Auction Over Rent Arrears
Media personality Betty Kyalo has blamed difficulties in doing business in Kenya for her financial tribulations that has since led to her beauty shop ‘Flair By Betty’ being put on auction.
“Many Kenyans are going through the most in business. Many people have closed businesses in this country.” She said in a statement posted on her social media pages.
She further blamed rigidity in landlords refusing to adjust to the challenging economic conditions to adjust their rents, “landlords don’t want to reduce rent and it becomes a huge burden on businesses that are struggling because of the economic slowdown.” She added.
Ms Kyalo says letting go the business is a relief going to show how much it had taken toll on her, “I let it go. I am happier. I sleep better. My peace of mind is more important than a name. I’m good.” She concluded.
The auction
In a public notice published in the dailies, Keysian Auctioneers said that items in the premise will be sold by public auction on Wednesday, April 17, 2024 in the case presented by the landlord.
Among the items that will be auctioned include 3 dismantled well shelves, a massage bad stand, 2 massage beds, a small serve rack, a glass shelf, 4 big mirrors, towel warmers and dressing tables.
Other items include a binatone microwave, small rolling seats, an office table, 12 barber seats, 3 seats attached with sinks, 9 CCTV cameras, a Huawei router, a small foot massage, a Mac Coffee maker, Hiluck video recorder, one door fridge and others.
The auction is set to take place at Leakey’s Storage Limited along Lunga-Lunga road in Nairobi.
Betty has also announced that she’ll be opening yet another similar store in Upperhill, Nairobi.
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