Thursday, September 18, 2014

Uchumi repays the Sh627bn loan from government

NAIROBI, Kenya, Sept 18 – Retail chain Uchumi Supermarket has paid the Treasury Sh33 million, the final payment of the Sh627 million loan it owed the government. The loan was given to Uchumi for the purpose of reviving the company that had been declared insolvent and closed its doors for 45 days in July 2006. […]

Read more here Capital Business