By JAINDI KISEROMore by this AuthorAt the weekend, I visited the Uchumi Supermarkets branch at Capital Centre, on Mombasa Road. I then drove all the way to Ngong Road to witness the state of affairs at the chain’s largest branch. From what I gather, the National Treasury now says the money will not be disbursed until the term sheet is signed. And how much stake in Uchumi are we giving to the strategic investor for the capital injection of Sh3.5 billion? Secondly, throw out the management and board and bring in an international chain to run the firm under a management contract.

Source: Daily Nation September 12, 2017 20:15 UTC