Why East African supermarket chain Nakumatt launched a cosmetics division Published by Dinfin Mulupi on 3 June 2013 Earlier this year East African retailer Nakumatt announced an exclusive deal with global cosmetics firm Revlon.
African chains to drive the development of retail on continent Published by Jaco Maritz on 2 October 2012 Despite the recent entry of Walmart and clothing chains such as Zara and Gap, Africa is still not high on the agenda of most international retailers.
Nakumatt – an example of Africa’s many strong, yet unlisted, companies Published by Sven Richter on 5 July 2012 What companies like Nakumatt do prove is that growth in Africa is possible and that there is a depth to the local economies beyond the listed companies we see.
Kenyan supermarket boss dismisses Wal-Mart threat Published by Dinfin Mulupi on 1 June 2012 “We are very much confident that we have learnt a lot about retail in this market and we are well equipped to thrive even if the global players were to enter this market.”
Nakumatt pushes further into Africa. Should Shoprite be worried? Published by Claude Harding on 12 December 2011 Kenya-based supermarket chain Nakumatt on Saturday took another step towards its goal of becoming a Pan-African retailer when it opened its first outlet in Tanzania.
Kenya’s Nakumatt could compete with the likes of Shoprite in rest of Africa Published by Claude Harding on 25 August 2011 East African supermarket chain Nakumatt’s expansion plans could see it competing with retailers such as Walmart, Shoprite, Pick n Pay and Spar.
Kenya’s Nakumatt supermarket chain seeking outside investment Published by Staff Writer on 12 August 2011 Kenya’s top supermarket chain Nakumatt Holdings wants equity investors to buy nearly half of the retailer next year to help pay for its expansion across east Africa, its managing director said on Thursday.
Nakumatt boosts its presence in Uganda Published by Regina Ekiru on 9 November 2010 Kenyan supermarket retailer Nakumatt Holdings has opened its second 24 hours store in Uganda and announced that it will invest US$1.2 million in the country as part of an expansion drive.
