Uchumi Supermarkets share price has nearly tripled in 13 days of trading on the Nairobi bourse on increased speculators' interest after news that the struggling retailer had posted a rare profit of Sh8.8 million for the year ended June 2025.
The debt-ridden firm is currently prioritising the settlement of claims from creditors but its return to profitability has been interpreted by some as a signal of a turnaround.