Uchumi Supermarkets Limited is a Kenya-based company involved in operating retail supermarket. The Company operates in three segments, which include geographical locations, such as Kenya, Uganda and Tanzania. The company distributes fruit and vegetables, bread and pastries, and a range of local merchandise.Its subsidiaries include Uchumi Supermarkets (Uganda) Limited, Uchumi Supermarkets (Tanzania) Limited and Kasarani Mall Limited. Uchumi Supermarkets Ltd exited Uganda and Tanzania a strategic move to consolidate it’s business and to strenghten the Kenyan Operations. The Company plans to re-enter the regional markets once the parent operations are stabilised.
Uchumi Supermarkets Ltd is currently undergoing a restructuring exercise that seeks to convert debts outstanding into equity. Its shareholders’ stake will be diluted by nearly 60 per cent after suppliers of the retail chain agreed to convert Sh1.8 billion debt into equity. The company going forward is also seeking to have a strategic investor come in to inject additional funds. The company is focusing on Optimizing operations of the parent company then considering expansion thereafter.
About Uchumi Supermarkets Limited
Uchumi Supermarkets Limited is involved in operating retail supermarkets. The Company is engaged in distributing fruit and vegetables, bread and pastries, and a range of local merchandise. The Company has approximately 20 stores, which are located in areas, including Nairobi, Karatina, Meru, Eldoret, Kericho, Juja, Mombasa and Kisumu. The Company has operations in Kenya, Uganda and Tanzania. The Company’s subsidiaries include Uchumi Supermarkets (Uganda) Limited and Uchumi Supermarkets (Tanzania) Limited, which are engaged in the operation of retail supermarkets, and Kasarani Mall Limited, which is principally engaged in property management. The Company offers U Club Card and Gift Card for its customers.
INDUSTRY
Retail (Grocery)
CONTACT INFO
KNTC Complex, 1st floor, Yarrow Road,
Off Nanyuki Road, (Industrial Area),
P.O BOX : 73167
00200
Kenya
+254.20.80200801
EXECUTIVE LEADERSHIP
John Karani
Interim Chairman of the Board
Mohamed Ahmed Mohamed
Acting Chief Executive Officer, Chief Financial Officer
Andrew Dixon
Chief Operating Officer
Michael Kiai
Chief Information Officer
Henry Bett
Ag. Head of Marketing
