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Originally published by Capital Business
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business
August 5, 2026
4h ago

Uchumi monitor says new branches opened without his approval

Uchumi monitor says new branches opened without his approval

In submissions to Parliament's Public Petitions Committee on Petition No. 9 of 2026, court-appointed monitor Owen Koimburi Njenga said Uchumi's recent expansion raises questions about its financial priorities and compliance with the creditor-approved restructuring framework...

✨ Key Highlights

Fresh governance concerns have surfaced at Uchumi Supermarkets as the court-appointed monitor revealed the company opened new branches without his approval, despite outstanding employee and creditor obligations.

  • The court-appointed monitor, Owen Koimburi Njenga, stated that Uchumi opened branches at Unicity Mall and in Kitengela without his knowledge or consent.
  • This expansion raises questions about the company's financial priorities, particularly as former employees pursue unpaid salary arrears and terminal benefits totaling approximately Sh521.7 million within the larger creditor claims of Sh9.79 billion.
  • Njenga highlighted that a March 2025 creditor resolution requires joint approval for deploying surplus cash flows, a process that was not followed for the new branches.

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