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News
Standard Chartered moves to sell four Nakumatt properties over KSh1.9 billion debt
3+ week, 2+ day ago (430+ words) Standard Chartered Bank Kenya has moved to sell four prime properties belonging to collapsed retailer Nakumatt Investments Limited. The bank is seeking to recover more than KSh1.9 billion owed by Nakumatt Holdings Limited. In a notice issued on Thursday, August 20, the…...
Avoidable Court Battles: The Cost of Dying Without Estate Plan
3+ week, 5+ day ago (544+ words) The deaths of prominent Kenyans have repeatedly been followed by bitter court battles over multimillion-shilling estates. Beneficiaries fight for years as questions arise over contested wills, trusts, property ownership and distribution. The succession dispute over the estate of former minister…...