I am well aware that the obsession of the moment in this country right now is politics.
But I have decided to return to the issue of the government-backed bailout of Uchumi Supermarkets Ltd.
I am compelled to do so in reaction to comments and inquiries by suppliers and manufacturers who, in response to an article I penned here a few weeks ago, called to recount to me the tribulations they have had to endure since the retail chain collapsed several months ago.
INFORMATION
Struggling businesses have been left to suffer for mistakes not of their own making.
Unable to service bank loans, they find themselves tottering towards insolvency.
Worse, the flow of information on the bailout is very slow.
Uncertainty…
Read the full article at: http://www.nation.co.ke/oped/opinion/Uchumi-is-sinking-deeper-into-insolvency-as-it-awaits-bailout/440808-4113704-11lmk2m/index.html