Tuskys, Nakumatt make fresh bid for partnership

From left, Nakumatt MD Atul Shah, CAK director-general Francis Wang’ombe and Tuskys CEO Dan Githua. PHOTOS | FILE | NMG

Tuskys and Nakumatt have submitted a fresh application to the competition regulator asking to be allowed to partner in a rescue plan for the troubled retailer.

The new application asks the Competition Authority of Kenya (CAK) to exempt a management contract between the two firms, rather than the merger cited in an earlier submission.

PAYE Tax Calculator

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