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Barely five years after emerging out of receivership, there are signs that Uchumi supermarket chain could be headed back into troubled waters, this time for worse.
The board, which met Monday terminated the contract of the supermarket’s Managing Director Jonathan Ciano citing gross misconduct and negligence and appointed Uchumi’s General Manager Operations Owino Ayodo as acting CEO. Also affected by the latest board initiative to restore market confidence is Chief Finance Officer, Chadwick Omondi whose contract has also been terminated and the suspension of Human Resource Manager Micheal Kibe.
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