Is Naivas Supermarket On It's Death Bed? Court Block's Selling Of Naivas As Family Squabble.
Family squabbles has rocked Kenya's leading retailer Naivas Supermarket and this is something that saw the matter in question which is control of the supermarket being taken to court and this saw the court blocking the sale of Naivas Supermarket.
One of the sons of the founding owner Mr Newton Kagira Mukuha, went to court to block his other brothers from selling the giant supermarket which could see them loss majority of the stake.
Kagira is the elder son of the founder of Naivas Supermarket Mr. Peter Mukuha Kago who died in 2010.
In the court case Mr. Kagira accused his brother David Kimani who is the managing Director of Naivas of locking out of the business and disinheriting him.
In the application, Mr. Kagira challenged his brother Kimani's shareholding which be claim's he illegally allocated himself 20% of the shares.
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