Re-listed Uchumi shares down 21 per cent on comeback to bourse

Wednesday June 1 2011

FREDRICK ONYANGOo | NATION President Kibaki flanked by Trade Minister Chirau Ali Mwakwere and Uchumi Supermarkets chief executive officer Jonathan Ciano rings a bell to mark the return of the retail chain to the Nairobi Stock Exchange on Tuesday. Uchumi shares were suspended from trading five years ago following inability to meet its financial obligations.

FREDRICK ONYANGOo | NATION President Kibaki flanked by Trade Minister Chirau Ali Mwakwere and Uchumi Supermarkets chief executive officer Jonathan Ciano rings a bell to mark the return of the retail chain to the Nairobi Stock Exchange on Tuesday. Uchumi shares were suspended from trading five years ago following inability to meet its financial obligations.  

By JOSEPH BONYO, [email protected]