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Just like Uchumi, Nakumatt is now falling apart piece by piece

The firm says it has hired audit firm KPMG to help restructure its business in a bid to come out of the liquidity crunch

A consignment of canned beef from Britain arrived at the port of Mombasa aboard the MV Anna Maria in September 1996.

The beef, imported by one of Kenya’s most successful home-grown retail chains, Nakumatt Holdings, was declared to have been contaminated with mad cow disease. Mad cow disease is linked to some fatal brain disorder, which was a major scare at the time.

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