Business & Economy3 stories
Tecof Ltd. Placed Under Administration & Kenya Revokes Tour Operator Licenses - September 2025
Tecof Limited has been placed under administration, with Tact Consulting appointing PVR Rao and Swaroop Rao Ponangipalli as joint administrators effective September 3, 2025. This move, filed under Insolvency Cause No. IP E050 of 2025, transfers full control of the company’s business and assets to the administrators. Following this action, the directors' powers have ceased. Separately, the Kenyan government has revoked the licenses of four tour operators. This is part of a crackdown on non-compliant firms within the tourism industry. The enforcement drive is being led by a multi-agency team to regulate the sector and ensure fair business practices.