Wananchi Group (K), which trades as Zuku, risks liquidation after a fibre network equipment supplier filed a Sh46.9 million insolvency demand over unpaid bills.
CP Cables moved to court to enforce the alleged debt tied to fibre equipment deliveries made last year. The firm issued Wananchi a statutory demand under the Insolvency Act (2015), requiring payment, securing, or disputing the amount within 21 days. The demand was lodged in Nairobi’s High Court Commercial and Tax Division as an insolvency case.
