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Kenya
The final blow for Uchumi?

President Uhuru Kenyatta has once again refused to lend a [...]

Published on 01/11/2019 at 04:30 GMT

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Business

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Kenya Defence Forces
Mohamed Ahmed Mohamed
Peter Munya
Uchumi Supermarkets
Uhuru Kenyatta
Ukur Yatani

Kenya
Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

The financially troubled Uchumi supermarket chain is undergoing a safeguard procedure to pay its creditors. The Ruto administration tried to step in itself, but United Bank for Africa has gone it alone and secured an advantageous arrangement with the company.

Subscribers only Finance, Business 08.03.2024

Kenya
Uchumi Supermarkets abandoned first by Kenyatta and now Ruto

Neither Uhuru Kenyatta's administration nor that of his successor William Ruto have shown any desire to rescue the heavily indebted state-owned retail chain. Against this backdrop, the IMF is putting pressure on the government to limit perilous bailouts.

Subscribers only Politics, Business 27.09.2023

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Kenya Defence Forces
Mohamed Ahmed Mohamed
Peter Munya
Uchumi Supermarkets
Uhuru Kenyatta
Ukur Yatani

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The final blow for Uchumi?

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Kenya The final blow for Uchumi?

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Kenya Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

Kenya Uchumi Supermarkets abandoned first by Kenyatta and now Ruto

Germany, Kenya President Steinmeier frets over his coffee industry

Kenya Coffee advisor Joseph Kieyah leaves sour taste in Ukur Yatani's mouth

Kenya Government again refuses to bail out Uchumi

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Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Kenya
The final blow for Uchumi?

Kenya
Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

Kenya
Uchumi Supermarkets abandoned first by Kenyatta and now Ruto

Germany, Kenya
President Steinmeier frets over his coffee industry

Kenya
Coffee advisor Joseph Kieyah leaves sour taste in Ukur Yatani's mouth

Kenya
Government again refuses to bail out Uchumi

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