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Uganda:
Uchumi Supermarkets Goods Start Auction in Uganda
East African, 26 May 2016
Goods belonging to Uchumi Supermarkets Uganda were Thursday auctioned by the official receiver, the registrar general at Uganda Registration Services Bureau, in a move to recover… Read more »
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Uganda:
No Payment Deal for Uchumi Creditors, Employees in Uganda
East African, 14 May 2016
Efforts by Kenya and Uganda to diplomatically resolve a stalemate over the sacking of 800 Ugandan employees by Uchumi Supermarkets have flopped after Nairobi declared that the… Read more »
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East Africa:
Uchumi Suppliers Negotiate to Convert Debt Into Ownership
Monitor, 5 May 2016
Uchumi Supermarket has opened talks with its suppliers that could see the creditors convert the debts owed to them by the retailer into shares. Read more »
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Uganda:
Uchumi Creditors Asked to File Claims
Observer, 28 April 2016
Dozens of creditors of the collapsed Uchumi supermarkets Uganda Limited have been called upon to file and register their claims. Read more »
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Uganda:
Uchumi Supermarket Case of Bankruptcy in New Twist
Monitor, 28 March 2016
The hearing of Uchumi's bankruptcy petition filed at High Court on Wednesday flopped following a request by Bidco company to be given time to reply to the petition. Read more »
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Uganda:
Uchumi Agrees to Withdraw Uganda Liquidation Petition
East African, 5 March 2016
A compromise deal has been reached following negotiations between the Kenya and Uganda governments for Uchumi Supermarkets (Uganda) Ltd to withdraw a petition it filed to formally… Read more »
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Uganda:
Uchumi Credit Crunch
Independent (Kampala), 15 February 2016
Uganda in talks with Kenyan government to get Ugandan debtors paid Read more »
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Uganda:
Uganda Audits Uchumi Dealings to Ensure Suppliers Are Fully Paid
Nation, 14 February 2016
Uganda has commissioned an audit into past activities of the defunct Uchumi (Uganda) Limited over allegations that it withheld taxes amounting to millions of shillings. Read more »
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Uganda:
Uchumi Supermarkets Creditors Raid Uganda Assets
Nation, 10 February 2016
Debt laden Uchumi Supermarkets' creditors are disposing off its Uganda assets despite a court order to preserve them. Read more »
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Uganda:
Uchumi Assets Being Sold Illegally, Says Liquidator
Monitor, 10 February 2016
Assets and goods belonging to Uchumi Supermarkets Limited (in liquidation) at its Garden City branch are being sold in breach of the Insolvency Act, the official receiver has… Read more »
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East Africa:
Uchumi Yet to Pay Suppliers Sh5 Billion
Citizen, 8 February 2016
Three months since Uchumi Supermarket closed its operations in Tanzania and Uganda, the Kenyan retailer is yet to pay its Tanzanian suppliers, leaving them uncertain over the fate… Read more »
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Uganda:
Uchumi Calls On Kampala Suppliers to Lodge Claims
East African, 8 January 2016
Uchumi Supermarkets has asked suppliers of its ill-fated Uganda to make claims within the next two weeks as it winds up operations in the market. Read more »
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Uganda:
Uchumi Now Grapples With Uganda Bankruptcy Suit
East African, 7 January 2016
Retail chain Uchumi has filed for bankruptcy in Uganda, two months after shutting down its cross-border operations in a move that is likely to complicate its future re-entry to the… Read more »
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Kenya:
Uchumi Lays Strategy to Exit Uganda Market
Nation, 7 January 2016
Uchumi Supermarket has filed for bankruptcy in Uganda as it moves to contain losses from claims by suppliers, employees and creditors arising out of a decision to close it's… Read more »
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Uganda:
Uchumi Supermarkets Files for Bankruptcy
Monitor, 6 January 2016
The increasing number of lawsuits against Uchumi Supermarkets (Uganda) Ltd has prompted the beleaguered company to petition the High Court to wind up its operations to safeguard… Read more »
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Uganda:
Uchumi Seeks to Close Shop in Uganda As Rising Lawsuits Threaten Operations
East African, 2 January 2016
The increasing number of lawsuits against Uchumi Supermarkets (Uganda) Ltd has prompted the beleaguered company to petition the High Court to wind up its operations to safeguard… Read more »