Fresh hurdle for Uchumi as court dispute threatens recovery plan
NAIROBI, Kenya, Nov 7 - Troubled retailer Uchumi Supermarkets is facing a fresh hurdle in its long-running recovery bid, with a lingering court battle Kenya breaking news | Kenya news today |..
✨ Key Highlights
Uchumi Supermarkets faces a new threat to its recovery plan as a contentious High Court ruling stalls the sale of its 17-acre Kasarani property, a crucial part of its Company Voluntary Arrangement (CVA).
- The CVA, approved by creditors, relies heavily on the sale of the disputed land to settle debts.
- The company's Monitor, FCPA Owen Koimburi, stated the High Court ruling "continues to threaten the CVA."
- A Senior Counsel has been appointed to lead an appeal in the Court of Appeal (reference E455 of 2025) for the property sale.
- 95 percent of planned creditor payments have been made, including full settlement of bank loans.
- Plans to redevelop the Lang’ata Hyper property are also delayed due to a tenant refusing to vacate.
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Kenyan Businesses Face Compliance Demands, Environmental Scrutiny, and Legal Disputes - November 2025
The Kenya Revenue Authority (KRA) is introducing a Business Tax Compliance Certificate to address widespread VAT non-compliance, requiring businesses to adopt the Electronic Tax Invoice Management System (eTIMS). In the energy sector, Gitson Energy Limited has formally requested NEMA, on November 1, 2025, to provide full disclosure of all Environmental Impact Assessment (EIA) studies and licenses for power projects in Marsabit County, citing compliance concerns. Meanwhile, Uchumi Supermarkets faces a new threat to its recovery plan as a High Court ruling has stalled the sale of its 17-acre Kasarani property, which is a crucial part of its Company Voluntary Arrangement (CVA).
