T
Originally published by The Standard BusinessNovember 11, 2025
4h ago
Chinese retailer boosts Uchumi earnings amid Sh8.3b debt woes
China Square now accounts for more than 80 per cent of the rental income earned by the listed former retail giant after setting up an outlet at Uchumi’s Lang’ata Hyper premises...
✨ Key Highlights
The leasing of Uchumi Supermarket’s Lang’ata Hyper premises to Chinese retailer China Square has significantly boosted Uchumi's earnings, though it is not enough to resolve its substantial Sh8.3 billion debt.
- China Square now contributes over 80 percent of the rental income for the embattled Uchumi Supermarket.
- China Square set up an outlet at Uchumi's Lang'ata Hyper property in June last year.
- Uchumi Supermarket remains a listed former retail giant struggling with protracted financial woes.
Continue Reading
Read the complete article from The Standard Business
