Uchumi demands Sh3bn from KDF in asset auction deal

Uchumi Supermarkets branch in Nairobi. FILE PHOTO | NMG

Uchumi Supermarkets expects to receive Sh3 billion from the sale of its Lang’ata branch property, which was forcefully acquired by the Kenya Defence Forces (KDF) last year.

The retailer, currently struggling to stay afloat, said a letter of award from the National Land Commission (NLC) to aid the transfer of the property will be ready by end of June.

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