Thousands Face Job Losses as Govt Moves to Shut Down 94 Companies
The notice affects firms across a broad spectrum, from engineering contractors to healthcare providers, educational institutions, manufacturers, and transport companies...
✨ Key Highlights
The Registrar of Companies has initiated the dissolution of 94 companies, potentially impacting thousands of jobs across various sectors in Kenya.
- 94 companies are slated for removal from the register starting September.
- The Deputy Registrar of Companies, Hiram Gachugi, issued the notice.
- Affected businesses have a three-month window to contest their dissolution, with reasons for striking off often related to non-compliance with statutory requirements.
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