Govt Issues Dissolution Notice to Over 700 Companies
The owners of the companies will be required to prove that they are still in business or in operation to avoid being struck off the register of companies...
✨ Key Highlights
The Kenyan government has issued a notice of intended dissolution to over 700 companies, threatening thousands of jobs. This action follows a previous dissolution of 126 companies and precedes another list of 308 companies facing closure.
- Over 700 companies risk closure nationwide, impacting thousands of Kenyan jobs.
- Damris Lukwo, the Registrar of Companies, issued the gazette notice on November 28.
- Companies have three months to prove they are still in business to avoid being struck off the register, as per section 894 (2) of the Companies Act.
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Government Issues Company Dissolution Notice and Orders Inquiry into KUSCCO - November 2025
The Kenyan government has launched a new inquiry into the KUSCCO Housing Co-operative Society Limited (KHC) following concerns from members about its management and governance. This investigation will scrutinize the co-operative's operations, financial practices, and the conduct of its management committees. In a separate action, the government has issued a notice of intended dissolution to over 700 companies, a move that threatens thousands of jobs. Additionally, the Kenya Revenue Authority (KRA) has issued a 30-day ultimatum for owners to collect goods, including high-end vehicles, from various Container Freight Stations (CFSs) in Mombasa or face auction.
