Nyama Mama owners lose bid to halt Victoria Bank loan recovery

Jayesh and Ninaa Shanghavi (in a wheelchair), directors of popular Nyama Mama restaurants before a Nairobi court.

Photo credit: File | Nation Media Group

Directors of Good Earth Group Limited, the company behind Nairobi’s popular Nyama Mama Restaurant, have lost their bid to stop Victoria Commercial Bank from recovering Sh202 million disputed loan they guaranteed the company over six years ago.

This is after the High Court lifted restraining orders issued in 2023 and dismissed their application to block the bank from making further deductions from their accounts.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.