KenyaForum

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 […]

Read the full story

It has been a week of bad economic news for Kenya with the revelation that the International Monetary Fund (IMF) has withdrawn the National Treasury’s access to a stand-by credit facility, the country’s credit rating has been downgraded, and public debt has reached an all-time high.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 […]

Read the full story