Uchumi begins to vet creditors


The Standard | by Wainaina Wambu

Uchumi Supermarkets has opened an online portal for trade and services creditors to register their debts as part of the retailer’s implementation of the Company Voluntary Agreement (CVA).

Registration of debt incurred before March 2, 2020, through the online portal http://www.myuchumi.com/ will allow the retailer to verify and audit it.

“The CVA which was approved by the High Court directs that we verify all old debts through a transparent and sustainable process and we are asking all suppliers to register their debts within the next three weeks…

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