Members of the top management of Uchumi Supermarket Plc have secretly left as a result of the government’s decision to discontinue bailouts, leaving the company dysfunctional...
The collapsed Uchumi supermarkets has been ordered to pay its dues at Sarit Centre at least Sh184 million in unpaid rents and interest that incurred before...
Uchumi Supermarkets Plc has received a boost in its recovery efforts after the High Court (Commercial and Tax Division) approved the Company’s Voluntary arrangement (CVA) that...
Cash-strapped Uchumi Supermarkets has given its suppliers and bankers creditors two stark choices; either take 30 percent of what the retailer owes them – and give...