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Originally published by Kenyans
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June 21, 2025
2mo ago

87 Companies Set to Shut Down

87 Companies Set to Shut Down

President William Ruto is under mounting pressure to create an accommodative business environment...

✨ Key Highlights

Massive job losses loom as 24 companies in Kenya have issued notices of dissolution, with an additional 63 companies planning to shut down in the next three months.

  • 87 companies are set to close operations, potentially impacting numerous jobs.
  • The Registrar of Companies is overseeing the dissolution process under the Companies Act.
  • Common reasons for closure include failure to file annual returns and maintain a registered office.

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