Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

Nakumatt opens second 24 hr outlet in Uganda

KAMPALA, Uganda, Nov 9 – Nakumatt Holdings opened its second 24-hour outlet in Uganda on Tuesday, with a new branch in Bugolobi an up-market Kampala suburb and announced that it has pumped in USh2.7 billion for its expansion drive this year.

The opening of the new branch now boosts Nakumatt’s store tally to a strong 30-branch chain across Kenya, Uganda and Rwanda.

Hot on the opening of the second store in Uganda, Nakumatt is expected to open its third outlet at Bukoto later in November after acquiring two new locations.

Speaking during the opening ceremony, Nakumatt Holdings Managing Director Atul Shah said the supermarket’s expansion plans in Uganda were on course and apart from the two new outlets; new stores would be opened around Kampala in coming months.

“We have already identified the areas and we are working on the logistics of opening the new outlets,” Mr Shah explained.
 
He added that the two new stores in Uganda would employ 200 people directly and another 5,000 indirectly, mainly through suppliers and other business associates.  Already Nakumatt Oasis, the chain’s Uganda flagship located at the Oasis Mall, employs over 200 people directly.
 
“Since Nakumatt came to Uganda in 2009, the supermarket has provided an important outlet for many Ugandan products not just in Uganda but in the wider East African region, especially farm products which is a huge boost to local farming and the economy as a whole,” he said.

He said that after opening the first 24-hour shopping experience in Uganda, Nakumatt had embarked on training its employees on customer care and other skills necessary for this type of operation. “We moved fast to train our people and now we are confident that we have enough skilled people in the retail sector to support our expansion plans.”   
 

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...