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Saturday, 29 August 2015

UCHUMI SUPERMARKET OWNERSHIP AS AT APRIL 2015

As of May 2014, the shares of stock of the retail chain were listed on the NSE, where they traded under the symbol "UCHM".
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The shares were also cross-listed on the Rwanda Stock Exchange and the Uganda Securities Exchange. The company obtained regulatory approval to cross-list on the Dar es Salaam Stock Exchange, effective 15 August 2014. 

The six largest shareholders in the company as of April 2015 were:










Thursday, 27 August 2015

KIPNGETICH LEAVES EQUITY TO HEAD STRUGGLING UCHUMI: After CEO Jonathan Ciano was sacked Uchumi Supermarkets has appointed Julius Kipngetich as the new Chief Executive Officer

Uchumi Supermarkets has appointed Julius Kipngetich as the new Chief Executive Officer as the retail chain looks forward to restructuring with a view of improving services and general performance.
Kipngetich has been the Chief Operating Officer at Equity Bank since 2012 and previously headed the Kenya Wildlife Services for eight years

Wednesday, 26 August 2015

UCHUMI POACHES KING’ARA FROM NAIVAS TO BE COO

Uchumi Supermarkets Board Chairperson Khadija Mire said the appointment of King’ara is part of the company’s effort to fast-track its turnaround process by improving governance and operational efficiency

NAIROBI, Kenya, Aug 21 – Uchumi Supermarkets has poached Naivas Supermarkets Retail Business Executive Willy King’ara to be the new Chief Operating Officer (COO).

The appointment of King’ara, an economics graduate from the University of Nairobi, is the first in a number of key positions including that of the CEO, Chief Finance Officer and Head of Human Resources, left vacant following recent management changes.

Tuesday, 25 August 2015

INVENTORY PROTECTION: PROFESSIONAL METHODS OF PREVENTING SHOPLIFTERS

Shoplifting is the act of knowingly obtaining goods from an establishment in which they are displayed for sale, without paying for them. Usually shoplifting involves concealing items on the person or an accomplice, and leaving the store without paying.

SHOPLIFTING CONTROL METHODS
Shoplifting is common because it is a relatively unskilled crime with low entry barriers that can be fitted into a normal lifestyle. People of every nation, race, ethnicity, gender and social class shoplift. 

Monday, 24 August 2015

TUSKYS SUPERMARKET SHAREHOLDING AS AT AUGUST 2014

Tuskys is a wholly Kenyan, privately held company owned by seven children of Joram Kamau, the founder of the business who died in 2002.

The table below summarizes the shareholding within the company as of August 2014.







Friday, 21 August 2015

NAKUMATT HAS WITHDRAWN NESTLE'S MAGGI NOODLE BRAND FROM ITS SHOPS IN FIVE COUNTRIES

Nakumatt the biggest supermarket chain in East Africa has withdrawn Nestle's Maggi noodle brand from its shops in five countries, amid concerns over food safety.

SHOPLIFTERS STEALING SH3BN ANNUALLY

Shoplifters who were caught under camera surveillance as they tried to shoplift 23 cans of Red bull from a supermarket. Retailers says problem with the law is that shoplifters are treated as petty offenders and are usually released on a Sh3,000 to Sh5,000 bond

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