Uchumi supermarket to sell assets to pay their debts

Share this:

Beleaguered retailer Uchumi supermarket says it should not be written off just yet. Speaking to citizen television, CEO Mohammed Ahmed says plans are on to liquidate over 3.2 billion shillings in assets to offset its debts.

Citizen TV is Kenya’s leading television station commanding an audience reach of over 60% and in its over 12 years of existence as a pioneer brand for the Royal Media Services (RMS), it has set footprints across the country leaving no region uncovered.

This is your ideal channel for the latest and breaking news, top stories, politics, business, sports, lifestyle and entertainment from Kenya and around the world.

Follow us:


Leave a Comment