UCHUMI NEWS ON FASTMOVING

Kenya's top three retail chains, Nakumatt, Tuskys and Uchumi are set to open new stores in strategic locations across the country in time for the December festive season's shopping boom. - See more at: http://www.the-star.co.ke/news/article-143934/retailers-eye-festive-season-outlets#sthash.zmujr6bV.dpuf read more

Uchumi supermarkets could grind to a halt next Wednesday if employees make good their threat to down their tools. The Kenya Union of Commercial Food and Allied Workers has issued a strike notice dated October 9 to pressurise the supermarket chain's management to meet workers' demands for higher pay. read more

Grocery firm Uchumi Supermarkets at the weekend said it plans to list in Uganda, Tanzania and Rwanda bourses in the near future.  read more

Uchumi Supermarket is counting on small retail investors across East Africa as it seeks to raise cash for expansion.  read more

Kenya's Uchumi Supermarkets will open 13 new stores over the next year as East Africa's sole listed retailer prepares for a cash call and a cross listing of its shares, its chief executive said on Tuesday. read more

(Reuters) - Kenya's Uchumi Supermarkets (UCHM.NR), the sole listed retailer in East Africa, plans to open six new stores in the next six months as well as expanding into Rwanda and South Sudan to tap new shoppers, its chief executive officer said on Thursday. read more

Directors of the Uchumi chain of super markets are cautiously monitoring events in the local investment landscape as the company prepares to raise cash from its existing shareholders to fund its local and regional expansion drive.  read more

Uchumi, Kenya’s third largest retail supermarket chain, plans to use the additional funds it is seeking from its shareholders to finance regional expansion and refurbish its outlets.  read more