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Investor group opposes GE plans for Kenyan power plant
By Reuters,
911, July 23, 2018 (EAT)
A group of investors in U.S. conglomerate General Electric (GE) has publicly opposed its plans to buy a stake in a Kenyan coal-fired plant, claiming t...
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CMA gets green light to probe EY over Uchumi mess
By Dzuya Walter,
1654, March 7, 2017 (EAT)
The Capital Markets Authority (CMA) has been cleared to investigate consultancy firm Ernst & Young’s involvement in the near collapse of retaile...
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Ex Uchumi CEO Ciano deposits Sh9.5m as he fights CMA case
By Dzuya Walter,
1258, January 17, 2017 (EAT)
Former Uchumi Supermarkets chief Executive Officer Jonathan Ciano has entered into an agreement with the Capital Markets Authority (CMA) to deposit ha...
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Social media ads to hit $50 billion by 2019 -Zenith
By Reuters,
734, December 5, 2016 (EAT)
The amount of money spent on advertising on social media is set to catch up with newspaper ad revenues by 2020, a leading forecaster said on Monday. ...
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CMA goes after ex-CEO Ciano for role in Uchumi mess
By Citizen Team,
1954, November 18, 2016 (EAT)
The Capital Markets Authority (CMA) has taken stern action against former Uchumi Supermarkets Chief Executive Officer Jonathan Ciano as well as five p...
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Govt begins prosecution of former Uchumi directors
By Citizen,
1915, September 15, 2016 (EAT)
The government has made good on its promise to prosecute former senior managers of Uchumi Supermarkets accused of mismanaging the country’s oldest r...
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Uchumi supermarkets posts loss
By Agencies,
1657, November 27, 2015 (EAT)
Kenya's Uchumi Supermarkets swung to an loss after tax of 3.2 billion shillings ($31.37 million) for its year ended June, partly due to an impairment ...
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Uchumi shuts down two branches, renders 180 workers jobless
By Maureen Murimi,
1218, October 8, 2015 (EAT)
Uchumi supermarket has sent 180 workers on forced leave after closing two branches in Kabalagala and Nateete in the outskirts of Kampala, Uganda. ...
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Lack of policy hurts Nigeria’s economy as Buhari marks 100 days
By Agencies,
1111, September 6, 2015 (EAT)
Nigerian President Muhammadu Buhari has made sweeping changes in the oil sector and armed forces during his first 100 days in office but done little t...
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Uchumi receives loan from KCB
By Wangui Ngechu,
1241, July 7, 2015 (EAT)
Uchumi Supermarkets Limited has announced that it has finalized a Ksh 500 million term loan arrangement with Kenya Commercial Bank to pay outstanding ...
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