Uchumi is a supermarket chain headquartered in Kenya, with retail outlets in East Africa. As of May 2014[update], the chain is one of a number of Kenyan supermarket chains that serve the region, including market-leader Nakumatt, Tuskys, Ukwala and Naivas. Currently, Uchumi maintains outlets in Kenya, Tanzania and Uganda, with a view to establish a presence in Burundi, Rwanda, and South Sudan in the next few years. The latest publicly available valuation, in June 2013, estimated the total company assets at about US$66.1 million (KES:5.57 billion), with shareholder equity of approximately US$34.7 million (KES:2.93 billion).
The company was founded in 1975, as a public limited liability company, by three Kenyan parastatal companies, namely (a) Industrial Commercial & Development Corporation (ICDC) (b) Kenya Wine Agencies Limited (KWAL) and (c) Kenya National Trading Corporation (KNTC). The main objective at the time was to create outlets for the equitable distribution of commodities and to create retail outlets for Kenyan manufactures. In 1976, Uchumi's shareholders signed a management contract with Standa SPA, an Italian supermarket chain to train Kenyan talent to run the new enterprise. The shares of the company stock were listed on the Nairobi Stock Exchange (NSE) in 1992.
During the early 2000s the company encountered financial difficulties and was placed in receivership in June 2006. It was simultaneously de-listed from the NSE. Following a period of inactivity that lasted six weeks, the company resumed commercial activity at some of its stores under interim management and a caretaker administrator. By January 2011, the retail chain had returned to profitability and applied to the Kenya Capital Markets Authority (KCMA), to re-list its shares on the NSE. Approval to re-list on the NSE was granted in May 2011 and trading in the shares of Uchumi Supermarkets resumed on Tuesday 31 May 2011.
Uchumi closed down, albeit temporarily, in June 2006 after 30 years of business.  At the time, its closure was described as "one of the greatest corporate disasters in independent Kenya history". However, a government-led rescue plan was initiated and consequently five Uchumi outlets, all in Nairobi, were reopened on 15 July 2006.
As of May 2014, Uchumi operates twenty-seven stores in Kenya, seven stores in Uganda and three stores in Dar es Salaam, Tanzania. The company also plans two openings in Juba, South Sudan and another two new stores in Rwanda, in the next two years. Uchumi expects to open seven new stores in Kenya as well, within the next twelve months.