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Tag: Uchumi Supermarkets

Fresh twist to ownership of Uchumi Supermarket’s prime plot as defense forces eyes it

Nov 29, 2021Nov 29, 2021

KENYA – Cash-strapped Kenyan retailer, Uchumi Supermarket, is set to receive a huge cash injection if a planned land sale…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Naivas takes over spaces left by financially struggling Uchumi, collapsed Nakumatt supermarkets

Sep 28, 2021Sep 28, 2021

KENYA – Kenya’s largest and fastest growing supermarket chain, Naivas is seeking to be the new tenant of Uchumi’s only…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Uganda securities exchange suspends Uchumi Supermarket’s trading on the bourse

Jul 24, 2021Jul 24, 2021

UGANDA – Cash-strapped Kenyan headquartered retailer, Uchumi Supermarket, has been suspended from trading it shares on Uganda Stock Exchange’s main…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Carrefour Kenya opens 10th store as Uchumi Supermarket revives Lang’ata Hub

Feb 2, 2021Feb 2, 2021

KENYA – Dubai-based conglomerate Majid Al Futtaim (MAF) and the regional franchise holder of Carrefour has opened a new outlet…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Kenyan High court give Uchumi Supermarkets a node to implement its Company Voluntary Arrangement

Jul 7, 2020Jul 7, 2020

KENYA – Kenyan retailer, Uchumi supermarket has been given a green light by the High Court to implement its Company…

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AFRICAN NEWS Food service, Retail, E-commerce LATEST NEWS 

Uchumi Supermarkets receives US$6.39m write off in financial restructuring plan

Nov 12, 2019Nov 12, 2019

KENYA – Kenyan retailer, Uchumi Supermarkets has been granted leeway by commercial banks who have agreed in principle to write…

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Financials & Economy LATEST NEWS 

Uchumi Supermarkets clinches US$25m deal under its recovery plan

May 14, 2019May 14, 2019

KENYA – Kenyan retailer, Uchumi Supermarkets, has reached into an agreement with its suppliers to forfeit US$25 million (Ksh2.5bn) in…

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Financials & Economy Investments & Funding News LATEST NEWS Supplier News & Innovations 

Uchumi Supermarkets to cut jobs, gets $5m KCB loan

Jul 8, 2015

KENYA – Uchumi Supermarkets has embarked on a cost-cutting exercise that will include closing down branches and laying off staff.

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LATEST NEWS 

Uchumi Supermarkets to cut jobs, gets $5m KCB loan

Jul 8, 2015

KENYA – Uchumi Supermarkets has embarked on a cost-cutting exercise that will include closing down branches and laying off staff.

Read More
LATEST NEWS 

Uchumi seeks CEO, meets suppliers over debt

Jun 20, 2015

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.

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LATEST NEWS 

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MOST RECENT POSTS

  • Spur Corporation’s sales slightly exceeds pre-pandemic levels posts 32.5% growth in revenue
  • Atlas Copco launches next gen remote smart app compressor controller
  • Olam H1 profit up 1.8% to S$429.1m
  • Mondelez, Walkers rejig offerings to become non-HFSS
  • Carlsberg registers 27% rise in H1 revenue, pledges net zero carbon emission by 2040 in entire supply chain

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 19, 2022

Yili becomes Asia’s first dairy to exceed US$14.85B in turnover, remains among global top five dairy giants: Rabobank https://t.co/mJGxK2NF1B
#globalawards2022 #dairyindustry #asia #netherlands #financialanalysis
@RaboFoodAgri @Yiligroup

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 19, 2022

Cattlemen’s Heritage to construct US$325m subsidiary in Iowa, welcomes new senate bill on meat processing https://t.co/L9bAwBoVZS
#investments #meatprocessing #usa #iowa
@chadtentinger

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 19, 2022

Accolade wines trades Nannup winery to access Fogarty Wine Group’s wineries, launches no and low alcohol wine range https://t.co/p75GdvAgfN
#wines #divestment #noalcoholwines #australia #Nannupwinery
@AccoladeWines @fogartywinery

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 19, 2022

Carlsberg registers 27% rise in H1 revenue, pledges net zero carbon emission by 2040 in entire supply chain https://t.co/6Gm47sUzUd
#financialresults #h1results #sustainability #supplychain
@CarlsbergGroup

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
August 18, 2022

Tanzania builds avocado plants/Honeywell revenue rise/Blueberries partnership/Candy Factory Angola/Sango Capital acquires Sotipapier controlling stake - https://t.co/eojDfZRgZR

Reply on Twitter 1560166079485382656 Retweet on Twitter 1560166079485382656 Like on Twitter 1560166079485382656 1 Twitter 1560166079485382656
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