Tuskys sibling in court to avert stake sale row

[Image source: Hivi Sasa]

Business Daily | by Victor Juma

One of the significant investors in supermarket chain Tuskys, Stephen Kamau, has obtained court orders allowing the cash-strapped retailer to fast track a shareholder meeting to approve the injection of new capital.

The move is also seen as a manoeuvre to pre-empt obstacles to the planned meeting by another significant shareholder, Yusuf Mugweru, who has been wrangling with his siblings in the family-owned business…

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[Image source: Hivi Sasa]

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