×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

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.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902