Uchumi’s new CEO unveils raft of turnaround plans

Uchumi Supermarkets Group CEO Dr Julius Kipng’etich at a company function. He is flanked by director Margaret Kositany and COO Willy Kimani. PHOTO | FILE

Uchumi Supermarkets will reopen its stores in Kenya and fully restock them by the first quarter of 2016 while its Ugandan and Tanzanian businesses could be considered for a strategic partnership as the regional retail chain seeks to turn around its performance.

In Kenya, Uchumi will also use technology to reach a wider market and open smaller stores, chief executive officer Dr Julius Kipng’etich said.