Business Registration Service data shows companies entering voluntary liquidation rose to 14 during the period, from nine a year earlier.
By
Kabui Mwangi
Correspondent
Nation Media Group
At least 40 Kenyan companies sought voluntary liquidation or bankruptcy protection in the nine months to March, up from 24 a year earlier, exposing mounting financial distress despite improving economic indicators and lower borrowing costs.
Kenya's worsening economic slowdown has reduced consumers' purchasing power, leading to declining business sales, falling demand,…
Many firms reported that higher costs continued to erode purchasing power among consumers, reducing spending on goods and…
Company failures jumped 49% even as hospitality led demand for business finance.
BWA Insolvency's quarterly report shows 772 insolvencies recorded in the first quarter of the year.
Kenya’s economy suffered billions in losses as fuel price protests forced businesses to shut down, disrupted transport and supply…
PwC data shows overall company failure rate remains ‘remarkably’ stable despite economic headwinds
