Kenya: Govt Issues 77 Company Owners Ultimatum Before Shut Down in 3 Months

The Registrar of Companies, Joyce Koech, has announced the imminent closure of 77 companies across the country within 3 months.

In a Gazette notice dated February 5, Koech revealed that the companies would be closed within the next three months and urged members of the public opposing the move to submit their grievances before then.

According to the notice, this was in line with section 897 (3) of the Companies Act which grants the Registrar of Companies the authority to strike a company’s…