CMA launches governance probe into Uchumi Supermarkets compliance

The Capital Markets Authority (CMA) has launched an expanded investigation into Uchumi Supermarkets, intensifying scrutiny of the troubled retailer after investor and lawyer Francis Njoroge Wanjiku filed a formal complaint over board conduct, disclosures, and regulatory compliance. In its response to the Commission on Administrative Justice (CAJ), CMA flagged delayed audits, weak governance structures, and … Continue reading CMA launches governance probe into Uchumi Supermarkets compliance