Uchumi Supermarkets News

Julius Kipng'etich, CEO, Uchumi Supermarkets

Uchumi Supermarkets of Kenya mulls expansion in Nigeria, Ethiopia & the DRC

Uchumi Supermarkets Ltd., Kenya’s only publicly traded retail chain, is considering starting operations in Nigeria, Ethiopia and the Democratic Republic of Congo after reorganizing its East African operations, Chief Executive Officer Julius Kipng’etich said.

Uchumi, Garden City Mall, Kampala, Uganda

Kenya's Uchumi raises 896M shillings ($10M) in oversubscribed rights issue for regional expansion

Kenya’s Uchumi Supermarkets has raised 895.8 million shillings ($9.89 million) in an oversubscribed rights issue to expand its operations in the east African region.