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Nakumatt in partnership talks with rival Tuskys – reports
Nakumatt, the troubled Kenyan supermarket chain, is in talks with Tuskys, another Kenyan retailer, to allow Nakumatt restock its supermarkets and return to stability
September 18, 2017
Property
Shoprite to open a fourth store at Victoria Mall
For a retailer that has been measured on expanding in Uganda, Shoprite seems to have discovered something about Nakumatt's former locations
September 8, 2017
Companies
Property
Shoprite is moving into the space vacated by Nakumatt at Acacia Mall
Shoprite is opening its third Ugandan store at Acacia Mall, Kisementi, two years after closing an outlet in Nalya
August 29, 2017
Companies
Mergers & Acquisitions
Nakumatt to sell 25% stake for $75 million to reduce debt burden
Kenyan supermarket chain, Nakumatt Holdings, will sell a 25% stake to a foreign fund for $75 million, its managing director said on Wednesday.
January 19, 2017