Kenya’s retailer Ukwala mulls exiting business over unpaid debts
KENYA – Kenya retailer, Ukwala Supermarkets has applied to the court for the permanent closure…
Nakumatt
Audit shows Nakumatt lost US$178 million in fraud
KENYA – Retail chain Nakumatt has suffered about US$178 million in a fraud, which the…
Shoprite takes up Westgate and Garden City spaces
KENYA – South African retailer Shoprite will take up the Westgate and Garden City; as…
Nakumatt bid to sack 800 sparks war with union
KENYA – Troubled retailer Nakumatt has embarked on a massive layoffs plan targeting 800 employees…
Tuskys takes over management of Nakumatt’s operations
KENYA – Nakumatt Holdings Administrator Peter Kahi has announced the appointment of Tusker Mattresses Limited…
Carrefour spreads wings in Kenya amidst Nakumatt woes
KENYA – Carrefour, one of the largest hypermarket chains in the world, has opened its fourth outlet…
Regulator rejects Tuskys-Nakumatt deal, asks for revision
KENYA – The competition regulator has rejected retail chain Tuskys’ proposed merger with troubled Nakumatt…
Choppies builds US$200m war chest for branch expansion
KENYA – Botswana’s Choppies plans to open between 20 and 25 branches in Kenya, as it races to take…
Tuskys faces probe over Nakumatt stocking plan
KENYA – The competition watchdog is investigating a deal in which supermarkets chain Tuskys is…
Former Nakumatt Marketing head takes up Uchumi COO role
KENYA – Uchumi Supermarkets has appointed ex-Tesco executive Andrew Dixon as chief operating officer (COO)…