@BdAfrica

Uchumi faces auction over Sh67m supplier debt - 13 Mar 2018 22:02

Stanley Ngotho

Several Uchumi supermarkets #ticker:UCHM assets could be auctioned in seven days to clear a Sh67 million debt owed to a supplier. This comes after Euromart Limited secured a court order to auction the goods to recover the debt incurred five years ago. In a letter dated December 3, 2017, the Uchumi head office in Industrial Area and Ngong Road branch were issued the court order and attachment records obtained by the auctioneers. At the Uchumi head office, the management roughed up several journalists Tuesday barring them from taking pictures as they were being served with the court orders. Euromart director Joseph Kirui says they supplied a range of goods including fridges, trolleys and shelves. “We secured a tender through the normal process in Uchumi Supermarket, and we supplied goods that we imported. We supplied five years ago and to date, I have not been paid. “We have tried our best ...
Read More


Category: business lifestyle news corporate markets opinion economy

Item ID: ce012921-d034-4f69-9150-a113467927bf

kadiNewsItemCategoryList
  1. newsPriority: 15.069
  2. calculatedNewsPriority: 241.694
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: business
  6. title:

  1. newsPriority: 15.069
  2. calculatedNewsPriority: 241.694
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title:

  1. newsPriority: 15.069
  2. calculatedNewsPriority: 241.694
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: news
  6. title:

  1. newsPriority: 16.061
  2. calculatedNewsPriority: 242.686
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title:

  1. newsPriority: 15.199
  2. calculatedNewsPriority: 241.824
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title:

  1. newsPriority: 15.199
  2. calculatedNewsPriority: 241.824
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title:

  1. newsPriority: 15.199
  2. calculatedNewsPriority: 241.824
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Mar 13, 2018 10:02:57 PM
  2. timeModifiedAsFromUser: Mar 13, 2018 6:37:51 PM
  3. timeCreatedAsFromServer: Mar 13, 2018 10:02:57 PM
  4. timeUpdatedAsFromUser: Jan 19, 2019 2:40:08 PM
  5. timeCreatedAsFromUser: Mar 13, 2018 6:32:13 PM
  6. timeUpdatedAsFromServer: Jan 19, 2019 2:40:08 PM
  7. timeModifiedAsFromServer: Mar 13, 2018 10:02:57 PM

Suggested

1 hour ago
CMA approves regulatory policy to guide fintech companies

, NAIROBI, Kenya, Mar 26 – The Board of the Capital Markets Authority has approved the Regulatory Sandbox Policy Guidance Note as CMA begins accepting applications for admission of fintech firms to ...

Category: business finance

Item ID: 50438d73-d10a-4fe8-83cf-8852dc3ecec7

kadiNewsItemCategoryList
  1. newsPriority: 0.02
  2. calculatedNewsPriority: 0.02
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.capitalfm.co.ke/business/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.101
  2. calculatedNewsPriority: 0.101
  3. description: finance News
  4. parsedURL: http://www.capitalfm.co.ke/business/section/finance/
  5. name: finance
  6. title: finance News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 2:12:58 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 11:03:17 AM
  3. timeCreatedAsFromServer: Mar 26, 2019 2:12:58 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 2:16:05 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 8:53:20 AM
  6. timeUpdatedAsFromServer: Mar 26, 2019 2:16:05 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 2:12:58 PM
3 hours ago, 11:35
Ex-Kenya Power bosses out of Stima Sacco board

The Commissioner of Co-operatives, Mary Mungai, has suspended the national chairman of Stima Sacco and two other board members who are facing corruption cases related to their former roles at Kenya ...

Category: business news corporate lifestyle economy opinion markets

Item ID: e83d3fd2-5524-4f99-acd0-23edfa1eb207

kadiNewsItemCategoryList
  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.034
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.034
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.041
  2. calculatedNewsPriority: 0.074
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.041
  2. calculatedNewsPriority: 0.074
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.032
  2. calculatedNewsPriority: 0.065
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.051
  2. calculatedNewsPriority: 0.084
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.052
  2. calculatedNewsPriority: 0.085
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 11:35:30 AM
  2. timeModifiedAsFromUser: Mar 26, 2019 8:27:21 AM
  3. timeCreatedAsFromServer: Mar 26, 2019 11:32:59 AM
  4. timeUpdatedAsFromUser: Mar 26, 2019 11:35:30 AM
  5. timeCreatedAsFromUser: Mar 26, 2019 8:02:56 AM
  6. timeUpdatedAsFromServer: Mar 26, 2019 11:35:30 AM
  7. timeModifiedAsFromServer: Mar 26, 2019 11:32:55 AM
1 hours ago, 13:23
Uber to buy Mideast rival Careem for $3.1 bn

, , Global ride-hailing service Uber will acquire its Middle East rival Careem for $3.1 billion, the two companies announced on Tuesday. “Careem and Uber are joining forces. We have reached an ...

Category: business

Item ID: 8df3b048-8aaa-4ed0-a5ad-9b7ec54336cb

kadiNewsItemCategoryList
  1. newsPriority: 0.036
  2. calculatedNewsPriority: 0.036
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.capitalfm.co.ke/business/
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 1:23:00 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 10:10:19 AM
  3. timeCreatedAsFromServer: Mar 26, 2019 1:23:00 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 1:26:48 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 10:09:37 AM
  6. timeUpdatedAsFromServer: Mar 26, 2019 1:26:48 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 1:23:00 PM
3 hours ago, 12:04
NBK issues profit warning on higher loan impairment and restructuring costs

National Bank of Kenya (NBK) has issued a profit warning for the financial year ended December 2018 citing higher loan impairment charges and restructuring costs. The Nairobi Securities Exchange ...

Category: topnews news business

Item ID: d3655be4-f023-4801-bf92-4ce29c923c9d

kadiNewsItemCategoryList
  1. newsPriority: 0.019
  2. calculatedNewsPriority: 0.052
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.044
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.044
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 12:04:38 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 8:54:43 AM
  3. timeCreatedAsFromServer: Mar 26, 2019 12:03:39 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 12:04:38 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 8:41:38 AM
  6. timeUpdatedAsFromServer: Mar 26, 2019 12:04:38 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 12:03:02 PM
3 hours ago, 12:06
National Bank issues profit warning

National Bank of Kenya (NBK) has issued a profit warning for the financial year ended December 2018 citing higher loan impairment charges and restructuring costs. The Nairobi Securities Exchange ...

Category: business news lifestyle opinion corporate economy markets

Item ID: e3853c3b-cd34-434a-954e-10cbad096f8f

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.046
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.046
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.045
  2. calculatedNewsPriority: 0.078
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.055
  2. calculatedNewsPriority: 0.088
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.045
  2. calculatedNewsPriority: 0.078
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.055
  2. calculatedNewsPriority: 0.088
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.055
  2. calculatedNewsPriority: 0.088
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 12:06:18 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 8:54:25 AM
  3. timeCreatedAsFromServer: Mar 26, 2019 12:04:54 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 12:06:18 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 8:41:38 AM
  6. timeUpdatedAsFromServer: Mar 26, 2019 12:06:18 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 12:04:54 PM
4 hours ago, 11:04
Payroll hitch delays free NHIF for senior citizens

A delay by the State Department of Social Protection in submitting to the Ministry of Health the list of citizens aged 70 and above has seen eligible beneficiaries go for months without free medical ...

Category: business news markets corporate lifestyle economy opinion

Item ID: 0dba3cb3-f00b-4f06-993a-15d38cbe5f4b

kadiNewsItemCategoryList
  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.051
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.051
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.051
  2. calculatedNewsPriority: 0.101
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.043
  2. calculatedNewsPriority: 0.093
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.043
  2. calculatedNewsPriority: 0.093
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.083
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.052
  2. calculatedNewsPriority: 0.102
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 11:04:50 AM
  2. timeModifiedAsFromUser: Mar 26, 2019 7:57:25 AM
  3. timeCreatedAsFromServer: Mar 26, 2019 11:03:08 AM
  4. timeUpdatedAsFromUser: Mar 26, 2019 11:04:50 AM
  5. timeCreatedAsFromUser: Mar 26, 2019 7:20:19 AM
  6. timeUpdatedAsFromServer: Mar 26, 2019 11:04:50 AM
  7. timeModifiedAsFromServer: Mar 26, 2019 11:02:57 AM