Carrefour on Competition Authority of Kenya radar over unfair supplier deals

KENYA – The Competition Authority of Kenya (CAK) has fined the French multinational retail chain, Carrefour and ordered the retail giant to review all its supply agreements within 60 days after the supermarket chain was […]

QuickMart Supermarket opens 27th outlet in growth drive

KENYA – Kenyan retailer, QuickMart Supermarket has opened its 27th outlet in Roysambu, Nairobi, as it seeks to strengthen its hold on the growing middle class and working-class market. Last year the retailer merged with […]

Amethis Fund II to acquire minority stake in Kenyan retail chain Naivas

KENYA – Amethis Fund II, Paris-based private equity fund is set to acquire a minority equity stake in Kenyan retail chain Naivas Limited in a deal estimated to be worth billions of shilling. “We are […]

Naivas widens footprint at the Coast of Kenya with 56th branch

KENYA – Kenyan retail chain Naivas supermarkets has opened its 56th branch in Kenya’s Coastal region, Mombasa’s Central Business District, as part of its expansion plan targeting other regions outside Nairobi where most of its […]