Five Cheapest Shares at NSE Attracting Speculators

At the close of trading on Friday, November 6th, 2020 the share price of Uchumi Supermarkets edged upwards by 7.14% to Ksh0.30 from...

BT Reporter2 Mins read

The Mega Mall on Uhuru Highway which hosted Nakumatt Mega. Nakumatt owner owes lenders billions of shillings. www.businesstoday.co.ke

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The Collapse of Supermarket Chains: Evidence and Lessons for Retail Giants

By: Carolyne Mbatia and Abraham Wanjiku Whenever we talk of retailers' death, the first thing that comes into mind is the shutdown of Nakumatt Holdings....

BUSINESS TODAY5 Mins read

Carrefour enters Uganda www.businesstoday.co.ke

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Carrefour Enters Uganda, Raising Stakes in Retail

Majid Al Futtaim on 15th January held the official opening ceremony for the first Carrefour Store in Uganda, marking the company’s entry into...

BT Reporter2 Mins read

STOCKS

Uchumi stock’s slow rally continues at the NSE

At a snail's space, the stock of Uchumi Supermarkets is slowly improving, even though it is still below the 40cents mark. Jumping 2.62%...

Mike Njoroge1 Mins read

STOCKS

NSE stocks dip fueled by loss making firms

As stocks at the Nairobi Securities Exchange (NSE) slumped on May 8, the decliners tab was dominated by a number of firms who...

Mike Njoroge2 Mins read

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Debt-ridden Uchumi unveils plan to return to profitability

Insolvent Uchumi Supermarkets is working on a plan to turn around its fortunes, already the retailer has identified a financial restructuring team that...

Samuel Gitonga1 Mins read

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