No deal on Uchumi yet, says CEO Kipng’etich

UCHUMI CHIEF EXECUTIVE JULIUS KIPNG’ETICH. FILE PHOTO | NMG

Struggling retail chain Uchumi Supermarkets says it has not yet signed any deal with a potential investor to pump in Sh3.5 billion.

Uchumi Chief Executive Julius Kipngetich yesterday said the retailer has been engaging a potential investor for funding, but has not yet put pen to paper with the financier.

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