Emc2
JF-Expert Member
- Sep 26, 2011
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The frosty trade relations between Kenya and Tanzania could get worse after the latter demanded payment of a Sh2.3 billion debt owed by Uchumi Supermarket.
Tanzania wants the Kenyan Government to take responsibility for the debt to its suppliers racked up by the struggling retailer’s Tanzanian subsidiary that was shut in 2015.
This was one of the top agenda of a four-day bilateral trade meeting between the two countries held in Mombasa. The meeting had been called to discuss the waning relations between Nairobi and Dar es Salaam but saw the issue of Uchumi and Nakumatt supermarkets sneaked into the agenda.
TANZANIA WANTS KENYA TO PAY KSHS2.3 BILLION UCHUMI SUPERMARKET DEBT - Corporate Digest
Wakenya madeni yatawaua yaani deni mnalodaiwa na TZ ni $22.56ml.
Bado madeni mengine meengi tunawadai. Lipeni pesa zetu tuendelee na ujenzi wa SGR.