Uchumi supermarkets has announced that it will be closing down its Sarit Centre branch in Westlands, Nairobi at close of business (COB) on Sunday 25th February. Uchumi’s Sarit center branch, which has been operating over the last 30 years becomes the latest branch to be shut down by the cash strapped retailer after the capital […]
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Archive | February 24th, 2018
UCHUMI TO CLOSE DOWN 30 YEAR OLD SARIT CENTER BRANCH
Posted on 24 February 2018.
Posted in Latest news
KENYA – CREDIT, DEBT AND DOWNGRADE
Posted on 24 February 2018.
It has been a week of bad economic news for Kenya with the revelation that the International Monetary Fund (IMF) has withdrawn the National Treasury’s access to a stand-by credit facility, the country’s credit rating has been downgraded, and public debt has reached an all-time high. BLOOMBERG REPORT A report by the international business intelligence […]
Posted in Latest news
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