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July 30, 2015 1:03 AM ET

Food and Staples Retailing

Company Overview of Uchumi Supermarkets Limited

Company Overview

Uchumi Supermarkets Limited operates retail supermarkets in Kenya, Uganda, and Tanzania. The company’s stores offer fruits and vegetables, bread and pastries, and a range of merchandise. It operates 27 stores in Kenya, 5 stores in Uganda, and 4 stores in Tanzania. The company also provides property management services. Uchumi Supermarkets Limited was founded in 1976 and is headquartered in Nairobi, Kenya.

KNTC Complex

1st Floor

Yarrow Road, Off Nanyuki Road (Industrial Area)

PO Box 73167

Nairobi,  00200

Kenya

Founded in 1976

Phone:

254 20 80200801

Key Executives for Uchumi Supermarkets Limited

Uchumi Supermarkets Limited does not have any Key Executives recorded.

Uchumi Supermarkets Limited Key Developments

Uchumi Supermarkets To Sell Assets

Uchumi Supermarkets Limited (NASE:UCHM.O) will sell 20 acres in Kasarani as part of its plans to raise cash for its turnaround programme. Director James Murigu said Uchumi has a lot of non-core assets which the firm could sell to raise money for its operations and avoid a government bailout.

Uchumi Supermarkets Limited Announces Management Changes

The board of directors of Uchumi Supermarkets Limited has terminated the contract of the Chief Executive Officer Dr. Jonathan Irungu Giano, Chief Finance Officer Chadwick Omondi Okumu and Human Resource Manager Michael Kibbe Kibbe. The Board has also appointed Mr. Owino Ayodo as the Acting Chief Executive Officer.

Uchumi Supermarkets Limited, Annual General Meeting, Nov 12, 2014

Uchumi Supermarkets Limited, Annual General Meeting, Nov 12, 2014., at 10:00 E. Africa Standard Time. Location: Kenyatta International Conference Centre (KICC) Amphitheatre. Agenda: To receive, consider, and if deemed appropriate adopt the accounts for the year ended June 30, 2014 together with the Directors' and Auditors' reports thereon; to approve payment of a final dividend for the year ended 30 June 2014; to approve the election of Directors; to confirm the Director's remuneration for the year ended June 30, 2014; to approve the appointment of Ernst & Young (Certified Public Accountants) as auditors of the company and to authorize the Directors to fix their remuneration; to consider the nominal share capital of the company be and is hereby increased from Kenya Shillings Three Billion; and to authorize and directed number of ordinary shares of KES 5.00 each.

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