In the suit, alcoholic beverages dealer San Giorgio has moved to court seeking to wind up Uchumi Supermarkets over a Sh53 million debt. Uchumi is set to issue a status report at the High Court on Friday to prove its viability as it fights a wind up case filed by some of its suppliers. He said Italiano had not demonstrated that it is owed the money and called on the court to dismiss the suit. Kevian Kenya has 275 shares in Uchumi which closed five branches this year as part of cost-cutting. The report will pave way for oral submissions of different parties in the case in which some creditors want it wound up.

Source: The Star July 25, 2016 03:11 UTC