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- Uchumi Supermarkets
Uchumi Supermarkets - Nairobi
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Uchumi SupermarketsLocation
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Company description
Uchumi is a public limited company incorporated in 1975 under the Companies Act (Cap 486 of the Laws of Kenya). Its main objective is to have an enterprise for equitable distribution of essential commodities, affordable prices whilst creating an outlet for the local manufacturers. On 17th December 1976, Uchumi shareholders- Industrial Commercial & Development Corporation (ICDC), Kenya Wine Agencies Limited (KWAL) and Kenya National Trading Corporation (KNTC) - all Government owned parastatals entered into a management contract with Standa SPA of Italy. Standa, a leading supermarket group with a presence in Europe and vast retail experience was given the task to manage and train Kenyan personnel who would eventually take over the running of the organization. The first three branches were