A section of Kenyan employees is staring at job losses after the government, through the Registrar of Companies, announced the dissolution of at least 62 companies.
In a gazette notice dated Thursday, April 17, Deputy Registrar of Companies Hiram Gachugi announced that the companies ceased to operate in the country effective April 8.
“Pursuant to section 897 (4) of the Companies Act, it is notified for general information that the undermentioned companies are dissolved,” read the notice in part.
The majority of the dissolved companies were involved in financial services, real estate, construction and land investments, with others operating in agribusiness.
Several firms in the pharmaceutical, education, consultancy, transportation, and medical sectors were also affected.
At the same time, the Registrar of Companies issued a 90-day ultimatum to 133 other companies, warning that they risk dissolution if they fail to comply with regulatory requirements.
”Pursuant to section 894 (3) of the Companies Act, it is notified that the expiration of three (3) months from the date of this Gazette, the names of the under-mentioned companies shall unless a cause is shown to the contrary be struck off the register of companies and the company shall be dissolved,” Gachugi warned.
Names of Companies Dissolved
Among the companies affected by the recent dissolution are Agate Investment Company Limited, Agroflow Equipment Limited, Almashjary Company Limited, Anselm Design Limited, Ardhi Yetu Limited, and Arkshyne Limited.
Others include Asmasunil Limited, Attitude Homes Limited, Azelia Investments Limited, Bihaab Limited, and Equatorial Drilling and Mining Supply Limited.
The list also features firms such as Esled Consulting Limited, Forwon Company Limited, Global Property Partners Limited, and Grow with Hope Foundation, as well as Hoffman & Company Limited.
In addition, companies like Jinan Contractors Limited, Joyrry Kiota Kibichi Enterprise Limited, Juvanda Company Limited, Kitracont Limited, and Locabs and Services Company Limited were also affected.
Mambo Lucky Company Limited, Mara Vista Real Estate Limited, Hoinco Limited, Matrix Agribusiness Development Centre Limited, Huduma Masters Limited, and Mawqif Consultancy Limited were also listed.
Notably, Model Pharmaceuticals Plc, Neel Suppliers Limited, New Solta Company Limited, Paza One Management Limited, Posiflex Academy Limited and Ovaji Management Limited were also dissolved.
Also Read: Banking & Other Sectors Expected to Hire More Kenyans in 2025- Report
List of Entities Dissolved
Also appearing on the list are, Prime Ridge Resort and Investment Limited, Rahman Commodities Company Limited, alongside, Robkor Limited, Scala Systems Limited, Shofor Limited, and Sky Horse Company Limited,
Sky Mamba Investments Limited, Transways Investments Limited, Rareh Matiri Hydro Power Limited Treasure Ireland Limited, and Ucmas Nakuru Limited were also named.
The dissolution also extended to Waterman Creme Limited, Xin Da Import and Export International Trade Company Limited, Ymm Freight Limited, Yovgiev Group Limited, Zambeco Kenya Trading Limited, and Zapi Capital Limited.
Additional firms include Montessori Plus Centre Limited, Dorisun Company Limited, Obest (Kenya) Company Limited, Ewas Scrap Metal Dealers Limited, and Northways Shuttle Limited.
Also Read: Employees in Counties Lose Jobs After US Stops Funding 2 Programs
Why Firms Face Dissolution
In Kenya, companies may be dissolved for a variety of reasons, ranging from voluntary decisions by directors to regulatory non-compliance or insolvency.
A common reason is the failure to meet legal requirements, such as not filing annual returns, lacking proper documentation, or breaching other statutory obligations.
Companies that become dormant—no longer actively trading—may also be dissolved if directors find the process of keeping up with filings and taxes too burdensome.
Insolvency is another key factor, where a company unable to pay its debts can be wound up.
Additionally, directors may opt for dissolution if the business has fulfilled its objectives, ceased operations, or is no longer needed, especially if there are no outstanding debts.
Follow our WhatsApp Channel and X Account for real-time news updates.
