×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Uchumi CEO Jonathan Ciano points finger at ‘faceless investors’ for drop in share price

In the rarefied realm of Jonathan Ciano, the master of turnarounds in Kenya, conversation usually revolves around good things. Expansion. Change. Growth.

He has seen Uchumi Supermarket rise from receivership in June 2006, which was occasioned by over Sh2.2 billion in debt, to being re-listed at the Nairobi Securities Exchange (NSE) in 2011.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in