Tuskys Supermarkets: the good, the bad and the ugly in the Kago family business

William Murithi and Sally Kah

Chapter 4 in Case Studies in Family Business, 2024, pp 49-62 from Edward Elgar Publishing

Abstract: The case discusses the rise and fall of the Kago family as founders and owners of Tuskys, which began as a small-town retail store and later became a supermarket giant in Kenya. The business was started by Mzee Kago, who was later joined by his five sons. The death of Mzee Kago led to a series of feuds and court fights among the siblings that involved allegations of financial misconduct that damaged firm performance and family unity. Several attempts were made to rescue the retailer but a capital injection in the form of merchandise from the suppliers and efforts to bring in funds from investors failed. At a press conference, one sibling admitted that the Kago family has contributed to some of the woes facing the supermarket chains. But the larger question remained: Will the siblings be able to bury their hatchets and save the family business?

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2024
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