Nairobi — Power cables manufacturer CP Cables has issued a statutory demand to Wananchi Group (K) Limited, seeking payment of KSh46.9 million and warning that failure to settle the debt could trigger liquidation proceedings at the High Court.
The demand, issued under the Insolvency Act, 2015, was filed before the Commercial and Tax Division of the High Court in Nairobi as Insolvency Cause No. E017 of 2026.
According to court documents, CP Cables says the amount represents an outstanding commercial debt owed by Wananchi and has given the company 21 days to either pay the sum, secure the debt, or demonstrate to the court that a valid counterclaim or set-off exists.
The statutory notice, dated February 6, 2026, invokes Section 384(1) of the Insolvency Act, which treats failure to comply within the stipulated period as evidence that a company is unable to pay its debts as they fall due.
CP Cables has directed that payment be made directly to the company or through its legal representatives, Madhani Advocates LLP. Should Wananchi fail to comply, CP Cables may move the court to issue liquidation orders against the firm.
Wananchi operates under the Zuku brand and is one of Kenya’s leading providers of pay television, broadband internet, and digital services. The company is a subsidiary of Wananchi Group Holdings, which is majority-owned by Axian Telecom, a pan-African telecommunications group headquartered in Mauritius with operations across East and Southern Africa.
The insolvency demand comes amid growing scrutiny of corporate debt within Kenya’s telecoms and media sector, where rising operating costs and intense competition have continued to strain company finances.
If the statutory period lapses without a response, the case could escalate into liquidation proceedings, a move that would have significant implications for Wananchi’s operations and Axian Telecom’s regional footprint.
