The government has set aside Sh500 million cash bailout for supermarket chain Uchumi.

Do you have a lead on a newsworthy story? Share news tips with us here at Hivisasa!

 Uchumi ’s proposed bailout is contained in the supplementary Budget estimates tabled in the National Assembly last week. 

Treasury Secretary Henry Rotich termed the Sh500 million bailout package as equity participation rights issue or a shareholder loan.