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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Uchumi troubles deepened yesterday after the supermarket chain filed for bankruptcy in the Ugandan High Court in a bid to protect its remaining assets from creditors and suppliers.
The Kenya-listed firm petitioned the Ugandan High Court to wind up its operations in Uganda following several lawsuits filed by creditors, landlords and suppliers who are demanding payment for services and goods rendered.
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