Sh700m State cash injection breathes new life into Uchumi

Uchumi Supermarket attendants at Capital Centre, Nairobi, use special packaging materials to serve clients as they comply with National Environment Management Authority (NEMA) new rules imposing burn on plastic bags on Monday, August 28 2017. [David Njaaga, Standard]

Uchumi Supermarkets is expected to reopen its doors to the public today after stocking its empty shelves following the receipt of Sh700 million from the Government.

The retailer, which now appears to have survived a second threat of collapse through government intervention, has also postponed its planned annual general meeting (AGM) to allow talks with an unnamed strategic investor.