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Uchumi's losses now grow to Sh895 million

Uchumi Supermarket along Ngong Road taken on July 14 2016. [Photo by Wilberforce Okwiri/Standard]

Listed retailer Uchumi Supermarkets has announced a 63 per cent increase in losses during the first half of the current financial year. 

The retail chain’s latest financial report indicates that after-tax loss nearly doubled to Sh895 million as at December 31, 2017 from Sh547 million recorded during a similar period the previous year.

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