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East Africa: Uchumi Supermarkets Shuts Down in Uganda, Tanzania
Nation, 14 October 2015
Uchumi Supermarkets has exited the Uganda and Tanzania markets in a drastic reorganisation to stop financial bleeding. Read more »
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Uganda: 400 Ugandans Lose Jobs As Uchumi Exits Uganda
Monitor, 14 October 2015
Uchumi Supermarkets has announced closure of its operations in Uganda and Tanzania as it seeks to stop further financial bleeding. Read more »
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Uganda: Uchumi Gulu Closes, Leaves 90 Stranded
Monitor, 14 October 2015
More than 90 employees at Uchumi Supermarket, Gulu branch, were stranded on Tuesday morning when they turned up for work but found the business premises locked amid tight security. Read more »
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Uganda: Uchumi Crisis Spirals With Closure of Another Branch
Nation, 14 October 2015
Uchumi Supermarkets has closed down another branch in Uganda in a spiralling debt crisis that has seen the retailer raided by court bailiffs for failure to meet financial… Read more »
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Uganda: Uchumi Closes Gulu Branch Too
Observer, 13 October 2015
95 workers of Uchumi, Gulu branch were today morning left stranded after they found their operating premises closed by the supermarket management. Read more »
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Uganda: Video - Bailiffs Raid Uchumi Supermarket Over Debt
Monitor, 13 October 2015
Court bailiffs yesterday afternoon raided Uchumi supermarket main branch at Garden City shopping mall, where they destroyed property as they attempted to seize merchandise on the… Read more »
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Uganda: Bailiffs Raid Uchumi Outlet in Kampala Over Debt
East African, 13 October 2015
Ugandan court bailiffs Monday afternoon raided Uchumi Supermarkets main branch at Garden City shopping mall, where they destroyed property as they attempted to seize merchandise on… Read more »
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Uganda: Uchumi Outlet Raided in Uganda Over Alleged Debt
Nation, 12 October 2015
A Uganda Uchumi outlet has been raided following a court order issued against the chain for alleged failure to pay Sh5.2 million (USh185 million) to a poultry supplier Ugachick. Read more »
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Uganda: Uchumi Shuts Two Uganda Branches
The Star, 8 October 2015
Uchumi Supermarkets has closed two branches in Uganda in its ongoing restructuring. Read more »
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Uganda: Uchumi Shuts Two More Uganda Branches, 180 Staff Sacked
Capital FM, 7 October 2015
Uchumi has closed two more branches in Kampala, Uganda. Read more »
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Uganda: Uchumi Supermarkets Shuts Down Two Uganda Branches
Nation, 7 October 2015
Uchumi Supermarkets has closed down two of its non-performing branches in Uganda, following the closure of the Syokimau and Maua branches in Kenya. Read more »
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Uganda: Uchumi Sends 180 Workers Home, Closes Two Branches
Monitor, 7 October 2015
Uchumi Supermarket has sent 180 workers on forced leave after closing two branches in Kabalagala and Nateete. Read more »
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Uganda: Uchumi Closes Two Branches in Uganda, Sends Workers On Forced Leave
East African, 7 October 2015
Listed retail chain Uchumi Supermarkets has sent 180 workers on forced leave after closing two branches in Kabalagala and Nateete in Kampala, Uganda. Read more »
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Uganda: Uchumi Kabalagala Closes Over Shs70 Million Electricity Bill
Monitor, 1 October 2015
Umeme has disconnected power at Uchumi Supermarket in Kabalagala, a city suburb, forcing the outlet to close since Tuesday. Read more »
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Kenya: Uchumi Share Rebounds as Kipng'etich Joins Team
The Star, 27 August 2015
Volatility levels in international markets remain sky-high. All eyes remain on China where the markets are reminding Chinese leadership of that famous adage that Thatcher liked,… Read more »
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Kenya: Uchumi Stock Gains Most On Kipng'etich Appointment
Nation, 27 August 2015
The naming of new Uchumi Supermarkets CEO, Dr Julius Kipng'etich, has seen the stock gain the most at the bourse to close at Sh7.75 on Wednesday. Read more »
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Kenya: Kipngetich Leaves Equity to Head Struggling Uchumi
Capital FM, 26 August 2015
Uchumi Supermarkets has appointed Julius Kipngetich as the new Chief Executive Officer as the retail chain looks forward to restructuring with a view of improving services and… Read more »
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Kenya: Kipng'etich Tapped to Head Uchumi Turnaround
Nation, 25 August 2015
Uchumi Supermarkets has raided Equity Bank, tapping Dr Julius Kipng'etich as its new chief executive officer. Dr Kipng'etich was Equity Bank chief operating officer. Read more »
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Kenya: Uchumi Staff Blame Board for Financial Problems
The Star, 17 August 2015
Senior managers of the troubled Uchumi Supermarkets chain have turned the heat on the board, accusing it of being complicit in the mismanagement that has almost crippled the… Read more »