Ex-workers sue Uchumi for Uganda exit Former employees of Uchumi Supermarket have sued the retail chain for not informing them prior to closure of its Ugandan branches and exiting the country without remitting their salaries. Former employees say Uchumi Supermarket duped them and closed shop without…
UAP Life loss eats into Old Mutual capital injection UAP Life has sunk deeper in the red with Sh453 million loss in the ten months to October, wiping out recent capital injections by South Africans and earning a downgrade of its credit outlook. South African rating…
Mumias goes for its former CEO to drive turnaround Mumias Sugar has hired an Australian, Eroll Johnston, as its new chief executive officer to drive turnaround of the company after receiving a Sh1 billion State bailout package. Mr Johnston’s term begins on August 1, with the…