Uchumi received $5 million from the exchequer in January, and was expecting the additional $13 million before the end of the current financial year. PHOT FILE | NATION
The fate of troubled retail chain Uchumi Supermarkets hangs in the balance after Kenya suspended the disbursement of a Ksh1.3 billion ($13 million) loan, pending the audit of its expenditure.
This comes as the retailer struggles to find a strategic investor to inject Ksh5 billion ($50 million) into the business.
