High Court has cleared Equity Bank #ticker:EQTY to auction a five-storey building in Nairobi’s city centre belonging to Tuskys Supermarket, dimming chances of a revival for the once giant retailer.
The sale of the prime property on Tom Mboya Street was temporarily suspended last month after the retailer petitioned the court to stop the lender, arguing that the building was worth more than what Equity was seeking.
