Uchumi Supermarkets to cut jobs, gets $5m KCB loan
Uchumi Supermarkets has embarked on a cost-cutting exercise that will include closing down branches and laying off staff.
The retail chain will also sell a 20-acre piece of land it owns in Kasarani, Nairobi, priced at over Ksh2.2 billion ($22 million) as it works to settle outstanding debts owed to suppliers.
