Kenya

Uchumi was rescued from receivership in 2006 and relisted in 2011. Why a turnaround is not the end of the story.

Founded in 1975 by three state-owned firms, Uchumi has been through receivership, a government-led rescue and a return to profit. A business lesson in turnarounds.

Nakumatt had 65 stores in four countries in 2015. By 2019 the chain was gone. What the record shows.

A Kenyan supermarket group that anchored most of the country’s big malls ran out of cash in 2016 and 2017. A business-focused look at what happened…