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Nakumatt Plans Initial Public Offer in Kenya Within 5 Years
date:Aug 22, 2014
e said.

We are on an expansion mode and currently our bottom line is very thin, Shah said. The company is targeting sales in 2014 of about $650 million from $600 million last year.

The supermarket chain has 7,000 employees and outside the 36 branches in Kenya, it also has operations in Uganda, Tanzania and Rwanda. The Nairobi-based company plans to open its 50th outlet on 23 August in the northern Tanzanian city of Arusha. As well as starting two more stores in Kenya this year, its planning to

12/21 09:45