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Uchumi HY 2018, the disaster
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Stiffler
#31 Posted : Thursday, March 08, 2018 9:37:45 AM
Rank: Member

Joined: 11/7/2017
Posts: 186
Location: Nairobi
sparkly wrote:
Ericsson wrote:
Uchumi supermarket workers down tools to protest non-payment of their salaries for two months


Kenyans are funny, ati down tools instead of taking the tools elsewhere...


Not everyone has the luxury of choices/options
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VituVingiSana
#32 Posted : Wednesday, March 21, 2018 5:01:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Auctioneers storm Uchumi outlet in Kisumu
https://www.businessdail...349954-4firjb/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Pesa Nane
#33 Posted : Tuesday, September 25, 2018 10:27:44 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
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Ericsson
#34 Posted : Wednesday, September 26, 2018 4:44:11 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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obiero
#35 Posted : Wednesday, September 26, 2018 5:12:57 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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KaunganaDoDo
#36 Posted : Wednesday, September 26, 2018 7:03:44 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
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Ericsson
#37 Posted : Wednesday, September 26, 2018 9:47:50 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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KaunganaDoDo
#38 Posted : Wednesday, September 26, 2018 10:01:50 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
[quote=Pesa Nane]kifo cha mende

Quote:
Githunguri Dairy seeks to wind up Uchumi over debt

“Notice is hereby given that a petition for the winding up of the above mentioned company by the High Court was on the September 3, 2018 presented to the said court by Githunguri Dairy Farmers Co-operative Society…and any creditor or contributory of the said company desirous to support or oppose the making of an order on the said petition may appear at the time of hearing,” reads the notice in part.


The company ceased operating,all its
branches have been shut down


Wazuans and their misleading information...i have been to Aga khan Walk Branch everyday including yesterday...


https://www.businessdail...94742-p5ityt/index.html[/quote]

This was a day for stock optimization...Dont believe every headlines...Some headlines are meant to cause positions for shorting securities ....Visit the Aga Khan walk and confirm yourself Msenangu....
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Pesa Nane
#39 Posted : Wednesday, September 26, 2018 10:07:40 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
Pesa Nane wrote:
kifo cha mende

Quote:
Githunguri Dairy seeks to wind up Uchumi over debt

“Notice is hereby given that a petition for the winding up of the above mentioned company by the High Court was on the September 3, 2018 presented to the said court by Githunguri Dairy Farmers Co-operative Society…and any creditor or contributory of the said company desirous to support or oppose the making of an order on the said petition may appear at the time of hearing,” reads the notice in part.


The company ceased operating,all its
branches have been shut down


Wazuans and their misleading information...i have been to Aga khan Walk Branch everyday including yesterday...


https://www.businessdail...94742-p5ityt/index.html


Passed by Uchumi Buruburu few days ago and it's doors were open but only dust on the shelves and idle staff. Easy coach desk that squats within the branch still operating. I keep wondering why continue to pay rent and salaries while selling nothing d'oh! d'oh!
Pesa Nane plans to be shilingi when he grows up.
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KaunganaDoDo
#40 Posted : Wednesday, September 26, 2018 10:15:19 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
Pesa Nane wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
Pesa Nane wrote:
kifo cha mende

Quote:
Githunguri Dairy seeks to wind up Uchumi over debt

“Notice is hereby given that a petition for the winding up of the above mentioned company by the High Court was on the September 3, 2018 presented to the said court by Githunguri Dairy Farmers Co-operative Society…and any creditor or contributory of the said company desirous to support or oppose the making of an order on the said petition may appear at the time of hearing,” reads the notice in part.


The company ceased operating,all its
branches have been shut down


Wazuans and their misleading information...i have been to Aga khan Walk Branch everyday including yesterday...


https://www.businessdail...94742-p5ityt/index.html


Passed by Uchumi Buruburu few days ago and it's doors were open but only dust on the shelves and idle staff. Easy coach desk that squats within the branch still operating. I keep wondering why continue to pay rent and salaries while selling nothing d'oh! d'oh!


They are finalizing their deal with strategic investors....Still working on Conditions Precedent to satisfy the investor. They requiree aditional money almost 300M-500M(Which they expect to get from their langata 3.7 acre sale).....
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