Nakumatt Holdings

CompaniesMergers & Acquisitions

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
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
CompaniesProperty

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
Acacia Mall in Kamwokya, Kampala, one of the properties managed by Knight Frank
CompaniesMergers & 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.
A shopping mall in Kampala