Business
UHURUNOMICS: Bankrupt Nakumatt Shuts Down Kisumu’s Mega City Branch
Former East Africa leading retail shop Nakumatt has closed down one of its only remaining 6 stores. The Mega City Branch in Kisumu was yesterday closed indefinitely and employees who had no prior information about the closure were slapped with the devastating news via a notice had been displayed on the doors.

The closure of Mega City now leaves the once-giant retailer with only five branches in the country.
According to the furious 37 employees who were rendered jobless with immediate effect, the retailer had not paid their three months salary arrears.
Angered former employees said that the management of the. Mega City Branch had earlier this year alleged that Sketchers shoes worth Sh900,000 mysteriously disappeared, a move that saw their salary slashed in half as a way to compensate for the loss.
“There is no single day the store has been broken into, so the news of our salary being cut was absurd,” said a visibly angry employee Julius Ochuka.
Angry Ochuka cussed that they had sacrificed themselves to survive on the peanut payments they were given with hopes that they would be paid in full this month.
This is the razor blade a huge number of Kenyans were bluffed to support carelessly without a second thought of how deep it was going to cut the already bankrupt and debt-ridden economy.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
News2 days agoBusinessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
-
Business1 week agoInside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
-
Investigations2 weeks agoCement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
-
Business7 days agoStandard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
-
Investigations2 weeks agoInside The Urban Planning Cartel That Owns Nairobi
-
Africa5 days agoSouth Sudan: Adut Salva Kiir’s Shadow Treasury Exposed
-
Business6 days agoWhy John Ngumi Is Running From the EACC and Why the Sh415 Million Payday May Be the Least of His Worries
-
Africa6 days agoThe President’s Daughter and The Missing Witness: How Adut Salva Kiir’s Shadow Treasury Silenced Its Most Dangerous Critic
