Business Daily | by Bonface Otieno
Tuskys has opted to sell assets in some of its branches to avoid liquidation by more than 60 creditors following delays in receiving a Sh1.6 billion debt from an undisclosed Mauritius firm.
The cash-strapped supermarket has informed the High Court that it plans to sell non-core assets like furniture, fixtures and fittings in 19 branches, most of which have been shut by landlords for rent arrears…
