Nakumatt to open shop in February

Dec 04, 2008

NAKUMATT, a Kenyan supermarket chain, is to start business in Uganga. The firm is building a multbillion facility on Yusuf Lule Road as part of expansion plans in the region.

NAKUMATT, a Kenyan supermarket chain, is to start business in Uganga next year, Kiganda Ssonko. The firm is building a multbillion facility on Yusuf Lule Road as part of expansion plans in the region.

Andrew Walungama, the country manager, said the facility would be completed by January and commissioned in February.

Walungama added that the building, expected to be the biggest shopping centre in the country, would be a one-stop centre.

“The mall is going to have all modern facilities and equipment found in shopping malls in the western world,” Walungama said in an interview.

The mall, whose construction started in 2007, stands on 4.5 acres with a two-floor parking space for over 450 vehicles.

It will accommodate banking institutions, cinemas, hotels and boutiques. Nakumatt will take up 60% of the space.

He said banks including Barclays Bank, Ecobank, Kenya Commercial Bank, Uganda Microfinance have already booked space.

Others businesses, which have booked space include a forex bureau, boutiques, Mr. Price (a South African brand shop), cinemas, food coats, Nandos, a modern pharmacy, Bata shop, many light shops, four coffee shops.

Nakumatt is a wholly Kenyan company owned by the Atul Shah family and Hotnet Ltd.

In August, Nakumatt whose 2006 turnover was over US$300mopened its first store outside Kenya in the Union Trade Center, in Kigali Rwanda.

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