The $0.3m debt that threatens to wind up Tuskys

Shoppers at Tuskys Supermarket at Greenspan Mall on in Nairobi on September 9, 2020. Syndicate Agencies, in court papers, says the retailer is insolvent and unable to pay its debts. PHOTO | SALATON NJAU | NMG

Tuskys, Kenya’s largest supermarket chain by footprint, is facing a litmus test as it prepares to fight back a court battle that could see it wound up.

Syndicate Agencies Ltd, a loss control and risk management company, has filed a petition claiming that Tuskys has failed to settle a Ksh30.8 million ($308, 000) debt that has accumulated over three years.