Kenyan Govt to Let Go of its Uchumi Supermarkets Shares
The government is reportedly planning to let go of its 14.67% stake in the loss-making supermarket chain once it stabilises.
Uchumi Supermarket branch in Nairobi.
Nation, 12 July 2017
Supermarkets and suppliers were yesterday involved in a heated debate over the proposal to regulate the retail sector even as the government insisted on implementing the plan. Read more »
Nation, 5 July 2017
Uchumi Supermarkets has signed a return-to-work formula with its workers following a strike over non-payment of the May and June salaries, which paralysed the retail chain's… Read more »
Nation, 4 July 2017
Business at Uchumi supermarket, Karatina branch was paralysed on Tuesday after employees downed their tools protesting non-payment of their salaries. Read more »
Capital FM, 11 July 2017
Uchumi Supermarket has finally clinched a strategic investor in a deal that is expected to bring the struggling retailer back on its feet. Read more »
Nation, 20 June 2017
Retail chain Uchumi Supermarkets is yet to pay its workers May salaries, prompting the union to seek government intervention. Read more »