Uchumi Supermarkets to hold first AGM in 8 years

Uchumi Supermarkets has scheduled its first Annual General Meeting (AGM) since 2018 for 29 April 2026. Shareholders will be asked to adopt...

JACKSON OKOTH2 Mins read

Uchumi Supermarket is currently insolvent

BUSINESS ECONOMY FEATURED ARTICLE STOCKS

Uchumi Get Investors’ Nod Despite Looming Liquidation

Uchumi Supermarkets is considered one of the top performers at the Nairobi Securities Exchange(NSE), its share price being considered the fastest rising this...

JACKSON OKOTH4 Mins read

CMA has imposed a hefty KSh 10m fine on Ernest&Young

BUSINESS FEATURED ARTICLE MARKETS NEWS STOCKS

CMA Slaps KSh10m Fine on Global Accounting Firm Over Uchumi Ghosts

CMA (Capital Markets Authority) has imposed a KSh 10 million financial penalty on UK-based Ernest&Young Accounting and Audit firm for their failure to...

JACKSON OKOTH3 Mins read

Comms Briefing FEATURED ARTICLE

Uchumi Stirs NSE with a KSh8m Net Profit

Uchumi Supermarkets Plc Share at the bearish Nairobi Securities Exchange(NSE) rose 5.26% at the end of trading this Wednesday to 40 cents per...

JACKSON OKOTH2 Mins read

BUSINESS

Borrowers Tie Lenders in Web of Litigation as Defaults Rise

Borrowers are seeking temporary shelter in the corridors of justice to shield themselves from banks that are forced to seize properties following a...

BT Correspondent3 Mins read

FEATURED ARTICLE

Uchumi to Audit Supplier Bills Afresh

Uchumi Supermarkets has kickstarted the process of reverifying supplier bills as the Supermarket chain moves to act on its Company Voluntary Agreement (CVA)....

BT Reporter1 Mins read

FEATURED ARTICLE

Uchumi Assets Face Auction Over Sh4.7bn Debt

Uchumi Supermarkets' woes continue to pile after the retail chain was given six months to service its sh4.7 billion debt to over 100...

BT Correspondent2 Mins read

FEATURED ARTICLE

Creditors Vote to Save Debt-Laden Uchumi From Dissolution

Uchumi creditors on Monday handed a lifeline to troubled retailer Uchumi by voting to spare the cash strapped lender from dissolution throwing their...