Zuku TV Nears Collapse Over UGX 128.7bn Debt
According to reports, CP Cables has written to Wananchi Group (K) Limited, demanding payment of Ksh.46.9 million (about UGX 128.7bn) setting the stage for potential liquidation of Zuku TV proceedings at the High Court in Nairobi.
The demand, issued under the Insolvency Act, 2015, was filed before the Commercial and Tax Division of the High Court as Insolvency Cause No. E017 of 2026. CP Cables says the sum represents an outstanding commercial debt and has given Wananchi 21 days to settle, secure the payment, or convince the court that a valid counterclaim or set-off exists.
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The demand, issued under the Insolvency Act, 2015, was filed before the Commercial and Tax Division of the High Court as Insolvency Cause No. E017 of 2026. CP Cables says the sum represents an outstanding commercial debt and has given Wananchi 21 days to settle, secure the payment, or convince the court that a valid counterclaim or set-off exists.
