Tag: Uchumi Supermarkets


Five Cheapest Shares at NSE Attracting Speculators

Cheap stocks offer low entry level for investors. With right fundamentals its advisable to buy cheap stocks and hold for price appreciation.

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

There are many factors cited as having contributed to the death of Kenya’s retail giants. These factors include gross mismanagement, poor financial decisions, tax compliance issues and massive losses

Carrefour Enters Uganda, Raising Stakes in Retail

Located at the popular Oasis Mall, the store covers 2,800 square metres, catering to the evolving customer needs in Uganda.

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% to Ksh0.39...

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 are...

Debt-ridden Uchumi unveils plan to return to profitability

The retailer which has closed 30 branches over cash problems owes creditors a whooping Ksh471 million

Uchumi Supermarkets board appoints new interim chairman

John Karani's appointment follows the resignation of Dr. Catherine Ngahu who has opted not to renew her term at the helm of the retailer

High Court halts Uchumi Supermarkets evictions

The ruling in effect means the troubled retail chain has been given a reprieve from eviction of its remaining outlets as well as its headquarters, which is owned by Kenya National Trading Corporation

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Form 4 Leaver Who Makes Sh140,000 Monthly From Chapatis

Jepkoech, who started off with one packet of wheat flour a day, says she does a bundle per day, making Ksh4500 per day from chapatis alone. In addition, she sells tea and chips, which tops up her sales to Ksh5,500 per day, translating to about Ksh140,000 per month.

Perfectionism: Are You a Perfectionist?

Perfectionism can be defined as the propensity to think and believe that anything short of perfect is an abject failure while having concerns over mistakes and subjecting oneself to harsh and critical self-evaluations when the output fails to produce sought-after satisfaction and excellence. Am I a perfectionist?

Smart Doors: How You Can Control Access to Your House on Mobile

Many operators of Airbnb in Nairobi and other cities are using this technology to manage their clients access to accommodation and lodging facilities using smart doors and smart switches.

Fatal Accidents Report Reveals Most Dangerous Roads in Mombasa

The report, which spotlights roads with highest accident rates at the coast, offers chilling trends, including, among others, statistics that show significantly more men die in road accidents.

These Awards Prove Co-op Bank’s Positive Economic Impact

Co-op Bank Awards point to the fact that the bank is doing not only doing things right but also doing the right things for its customers and the industry.