Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

Simba 254 said:
Mgekua mumetuzidi ingejionyesha kwa GDP so wacha Maneno ya porojo and speak facts
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sio tu GDP, wangekua kama wanavyo kurupuka it will reflect in Tanzanian annual revenues and also in banking profits, it will also reflect in the circulation of money.., mzunguko wa pesa ni kidogo sana haswa kwa mikoa zao., businessmen na wakulima lazima waangalie nje ya nchi (Kenyan market) ili kutengeneza faida. Weak economy, no meaningful trickle down effect., the only beneficiaries ni few oligarchs; akina Azam n.k., wengine wote ni viosk type business, existing on hand to mouth basis.
 
Geza Ulole said:

Uchumi lands in trouble with Uganda regulator​



SUNDAY AUGUST 08 2021​

Uchumi supermarket

Uchumi supermarket has been accused of violating rules. PHOTO | FILE

​

Summary​

  • Uchumi Supermarkets has come under the radar of the Uganda Securities Exchange (USE) for non-compliance with listing obligations.
  • Uchumi, cross-listed on the Uganda, Rwanda and Tanzania exchanges had its shares suspended from trading on the Ugandan bourse on July 19 through a public notice.#
  • Uchumi’s financial woes worsened in 2015, after failing to pay suppliers forcing the company to opt for credit management initiative and to restructuring.


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By KABONA ESIARA
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Uchumi Supermarkets has come under the radar of the Uganda Securities Exchange (USE) for non-compliance with listing obligations.

USE has reached out to the Nairobi Securities Exchange and Capital Markets Authority to force the struggling retailer to adhere to public disclosure standards.

“We are in discussions with Nairobi Securities Exchange and the Kenya Capital Markets Authority,” Paul Bwiso, USE chief executive told The EastAfrican following suspension of trading of Uchumi shares on the Ugandan bourse.

Uchumi, cross-listed on the Uganda, Rwanda and Tanzania exchanges had its shares suspended from trading on the Ugandan bourse on July 19 through a public notice. USE said: “Uchumi failed to comply with listing obligations prescribed under the USE Fees, Charges and Penalties Rules of 2021 and the USE Listing Rules of 2021 respectively.”

Uganda is now banking on combined efforts of the Uganda and Kenya capital markets regulators to whip Uchumi into play by listing rules.

Continuous disclosure of information to the public is a mandatory for listed companies. “But Uchumi stopped reporting its financial results,” said Francis Gajja a trader at Equity Stockbrokers Uganda Ltd, saying the supermarket chain has had a rough time to sustain its business operations in a competitive East African retail space.

Uchumi’s financial woes worsened in 2015, after failing to pay suppliers forcing the company to opt for credit management initiative and to restructuring.

The retailer even asked for certain waivers and some time to restructure debt and stabilise the company, then revert to prudent reporting as required but it failed.

“We expected the company to take advantage of the 2020 Covid-19 lockdown to report back to us but did not,” said Mr Bwiso.

www.theeastafrican.co.ke

Uchumi lands in trouble with Uganda regulator

Uganda is now banking on combined efforts of the Uganda and Kenya capital markets regulators to whip Uchumi into play by listing rules.
www.theeastafrican.co.ke www.theeastafrican.co.ke
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Kumbe bado wana exist... 😂 😂 😂 Tuliwasahau
 
Sama boy 255 said:
Kwani ni uongo kwamba chakula mnanunua kutoka kwetu.? Nyie sasahiv ni soko la bidhaa zetu.. hiyo ni ishara mbaya sana, ukubwa wa GDP yenu haiakisi yaliyomo ni porojo tu, mnaishia kukopa tu kila kukicha hata vi miradi vidogo vidogo hamuwezi kufanya wenyewe, ajabu zaidi hata na chakula mnapewa misaada na watu ambao Ardhi zao ni kame, alafu et mnauchimi mkubwa, uchumi wa kushindwa hata kujikimu chakula.? Hamtuwezi bhana huo ndio ukweli
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Akili chwara., kukua soko la bidhaa haimanisi ni bad news, infact it is good for business both sides 😂 😂 😂 😂 , Kenya inafaidika zaidi kuliko wakulima wenyu fukara., jua hilo.
 
game over said:
How has the so called ruthless helped you fools,
Uhuru and William Lootal are the patrons of steeling, politicians are looting everything in and out and I never heard anyone resigning
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Oh stop this bs! You mean your politicians are saints? 😂 😂 😂 Go get a life bro, you're being fooled and blinded by your government, on top of it, y'all fear your politicians/government. You'll remain on their tight grip till the day you'll wake up from your dreams.
 

Results vs domo domo na visifa hewa.,​

KPA defies Covid woes to beat Mombasa port cargo forecast​

MONDAY AUGUST 09 2021
COAST-SHIPPING

Singapore flagged vessel Mv NYK Clara docks at the Port of Mombasa. FILE PHOTO | NMG

Cargo handled at the Port of Mombasa defied the Covid-19 disruption and a shortage of containers globally to surpass the target in the first half of the year.

Data from the Kenya Ports Authority (KPA) indicates the volumes handled at the facility grew to 36 million tonnes in review period from 33.6 million in corresponding period last year, exceeding forecasted target of 353,769 TEUs by 2.8 percent.

The Covid-19 that hit the country last year, disrupted the logistics sector impacting negatively on trade across the globe with the throughput cargo at Mombasa port declining in 2020 when compared with 2019.

“Cumulatively, during the financial year 2020/2021, the Port handled total throughput of 36.054 million tonnes representing a growth of 2.4 million tonnes,” said KPA.

Traffic at KPA dipped by four percent to 1,359,579 twenty foot equivalent units (TEUs) in 2020, from 1,416,654 TEUs recorded in 2019, highlighting the impact of Covid-19.

Transshipment traffic also grew by 55 percent to record 125,141 TEUs compared to 80,278 TEUs witnessed in 2020.

Uganda is the biggest market for Kenyan goods and the top client to the Mombasa port, especially for transit cargo, ahead of the Democratic Republic of Congo (DRC), South Sudan and Rwanda.
 
Chamoto said:
It's funny hearing this from mutu ya ushagoo when your footballers dream is to play in one of our teams.
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Hapo napo umedanganya, watu wanataka wakacheze Asia, Middle East na Ulaya, kijana. Sio Bongolala. Hivi mchezaji awe na dreams za kucheza Bongo, si atakuwa mse... 😂 😂 😂 Labda mmpe contract lakini hakuna ndoto ka hizo za kiajabu ajabu! 🤣 🤣 🤣
 
Kim Dawizzy said:
Oh stop this bs! You mean your politicians are saints? [emoji23] [emoji23] [emoji23] Go get a life bro, you're being fooled and blinded by your government, on top of it, y'all fear your politicians/government. You'll remain on their tight grip till the day you'll wake up from your dreams.
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Wewe kaa Huko kwa Mafia State, a lawless failed country.
Just Imagine the best way your president can do is looting.
The demigod himself, the man the the first president of Kenya,- He alone managed to grab massive arable lands enough to settle 20 million Kenyans (50% of you) leaving millions landless.
 
game over said:
I see mungiki getting back in conjunction with Kiambu mafia and Incompetent Police killing thousands of you if Gikuyu will deliberately dare to harm William Lootal.
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Ni Ruto, sio Lootal. Alafu hao gikuyus unaongelea ni wapi jameni? As far as everyone knows, Uhuru is finalizing his term and guess who's next? 😂 😂 😂 There's no competition whatsoever! So wewe na hizo fikra zako za kichawi, hebu funga domo hilo, kudadadeki! 🤣 🤣 🤣
 
game over said:
Wewe kaa Huko kwa Mafia State, a lawless failed country.
Just Imagine the best way your president can do is looting.
The demigod himself, the man the the first president of Kenya,- He alone managed to grab massive arable lands enough to settle 20 million Kenyans (50% of you) leaving millions landless.
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That's what ujamaa taught you about Kenyans? 😂 Oh, boy, what did you do to your opposition leader last time he was in Bongolala??? ... Where's the so called 'great one', who brought fear to his opponents???... Who's laughing now???... Just know, what goes around, comes around. I know you won't accept your filth.
 
Lusematic said:
nenda kenya sasa kwa ground in reality ujichekee,,

our picture huwa zinakuwa real sana tofaut na hawa majirani machokoraa
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Nilishatuma tayari terminal za JKIA, tafuta uone mautamu! 🤣 🤣 🤣 🤣 Wivu wa kichawi
 
Kim Dawizzy said:
Ni Ruto, sio Lootal. Alafu hao gikuyus unaongelea ni wapi jameni? As far as everyone knows, Uhuru is finalizing his term and guess who's next? [emoji23] [emoji23] [emoji23] There's no competition whatsoever! So wewe na hizo fikra zako za kichawi, hebu funga domo hilo, kudadadeki! [emoji1787] [emoji1787] [emoji1787]
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Uhuru wants to come back as pm through bibiyai.
However, keep this in your mind that Tanzanians never give a *** about politicians for they know they are hungry for money and power too.
Whatever opposition or ccm that is non of their business. Ndio maana huwezi ona tunachinjana kama huko kenya Kisa raila sijui mudavadi. You guys need to grow up for sure, we don’t want to see you killing your own brothers and sisters for politicians like you always do. Mnauana mamia kwa Maelfu ili fulani aende kuiba and then he come back with handshake madness.
 
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