Retail Chains Face Sanctions For Refusing To Pay Suppliers
Supermarket directors face jail time for failing to pay directors
Choppies shareholders set to inject fresh capital into retail chain
A new funds injection is expected to put Choppies Supermarket on a new trajectory stiffening the already tough competition the retail sector is facing in Kenya. A source at the retail chain has revealed the funds, said to be in billions of shillings, are expected...
KRA, NBK Partner to benefit AGPO registered suppliers
The partnership aims at alleviating the capital challenges amongst the targeted special groups which hinders many of them from competently applying for and winning Government tenders
Nakumatt administrator reaches out to stakeholders
Peter Kahi has implored the retailers’ suppliers and shoppers to continue providing their support, as efforts to formulate a rescue plan get under way.
Surprise! Uchumi Supermakets is full again
Uchumi has been hunting for a strategic partner to pull it out of its debt hole, which had seen most suppliers stop stocking its stores
Shoppers ‘rob’ supermarkets of their last stocks
According to one customer "shopping at Nakumatt nowadays leaves one feeling like you are robbing them of their last earthly possessions"