No payment deal for Uchumi creditors, employees in Uganda
Efforts by Kenya and Uganda to diplomatically resolve a stalemate over the sacking of 800 Ugandan employees by Uchumi Supermarkets have flopped after Nairobi declared that the dispute was a purely “commercial matter” and not a national issue.
Uchumi, which is listed on the Nairobi Securities Exchange, made surprise exits from Uganda and Tanzania last October, closing down six and four branches respectively.
