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Uchumi Shareholders Likely to Demand Answer to NSE Riddle.
Byline: Mwaniki Wahome
As Uchumi Supermarkets shareholders troop to Kenyatta International Conference Centre (KICC) in Nairobi next Thursday for their 30th annual general meeting uppermost in their minds will be to learn why the company has not been allowed back onto the Nairobi Stock Exchange.
Jonathan Ciano, the company's chief executive officer, has been insisting that it is only the Capital Markets Authority (CMA) that can provide the answer.
Bu sources familiar with the matter say CMA had requested the company to list afresh, which was turned down on the grounds that the regulator's role was to lift the suspension imposed in June 2006 after the chain …
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