Uchumi Supermarkets receives US$6.39m write off in financial restructuring plan
KENYA – Kenyan retailer, Uchumi Supermarkets has been granted leeway by commercial banks who have…
Uchumi Supermarkets
Uchumi Supermarkets clinches US$25m deal under its recovery plan
KENYA – Kenyan retailer, Uchumi Supermarkets, has reached into an agreement with its suppliers to…
Uchumi Supermarkets to cut jobs, gets $5m KCB loan
KENYA – Uchumi Supermarkets has embarked on a cost-cutting exercise that will include closing down branches and laying off staff.
Uchumi Supermarkets to cut jobs, gets $5m KCB loan
KENYA – Uchumi Supermarkets has embarked on a cost-cutting exercise that will include closing down branches and laying off staff.
Uchumi seeks CEO, meets suppliers over debt
KENYA – Uchumi Supermarkets has appointed consultancy firm Deloitte to headhunt a new chief executive officer less than a week after the board of directors sacked Mr Jonathan Ciano alongside chief finance officer Chadwick Omondi Okumu.
Uchumi seeks CEO, meets suppliers over debt
KENYA – Uchumi Supermarkets has appointed consultancy firm Deloitte to headhunt a new chief executive officer less than a week after the board of directors sacked Mr Jonathan Ciano alongside chief finance officer Chadwick Omondi Okumu.
Uchumi sends CEO packing as it launches forensic audit
KENYA – Uchumi Supermarkets’ board has let go of chief executive Jonathan Ciano even as it opened a forensic audit into the cash flow problems that have in recent weeks left the retail chain with empty shelves.
End of Uchumi CEO term sets stage for new executive team
KENYA – Uchumi Supermarkets chief executive Jonathan Ciano’s contract is set to end next month, setting the stage for a possible change in the retail chain’s executive suite.
End of Uchumi CEO term sets stage for new executive team
KENYA – Uchumi Supermarkets chief executive Jonathan Ciano’s contract is set to end next month, setting the stage for a possible change in the retail chain’s executive suite.
End of Uchumi CEO term sets stage for new executive team
KENYA – Uchumi Supermarkets chief executive Jonathan Ciano’s contract is set to end next month, setting the stage for a possible change in the retail chain’s executive suite.