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On the 23rd of August Nakumatt opened it's first store outside Kenya in the Union Trade Center, in Kigali Rwanda.<ref>http://allafrica.com/stories/200808250206.html</ref>


Turnover in 2006 was over US$300m, up 150% on the previous year. <ref>{{cite news
Turnover in 2006 was over US$300m, up 150% on the previous year. <ref>{{cite news

Revision as of 09:32, 25 August 2008

Nakumatt is a Kenyan supermarket chain. It has 18 stores across Kenya and employs 3,200 people. It is planning to expand to Uganda, Rwanda and other East African countries. [1]

On the 23rd of August Nakumatt opened it's first store outside Kenya in the Union Trade Center, in Kigali Rwanda.[2]

Turnover in 2006 was over US$300m, up 150% on the previous year. [3] The company was alleged to be involved in tax evasion in 2006, although to date no charges have been filed.[4] Nakumatt is an abbreviation for Nakuru Mattresses. [5]


See also

the first store was selling mattresses then they change to a fill fledged suppermarket,i.e in nakuru. and is a family owned though planns are under way to sales its stake to the public

References

  1. ^ "Nakumatt Prepares to Sell In Rwanda". AllAfrica. 11 June 2007. Retrieved 2007-06-13. {{cite news}}: Check date values in: |date= (help)
  2. ^ http://allafrica.com/stories/200808250206.html
  3. ^ "Nakumatt Turnover grows by 150%". AllAfrica. 30 May 2007. Retrieved 2007-06-13. {{cite news}}: Check date values in: |date= (help)
  4. ^ "Nakumatt Chain Probed Over Tax Queries". East African Business Week. 10 April 2006. Retrieved 2007-06-13. {{cite news}}: Check date values in: |date= (help)
  5. ^ "Kenya: Nakumatt to Be Listed At NSE, Says Director". The Nation. 05 October 2007. Retrieved 2007-12-07. {{cite news}}: Check date values in: |date= (help)