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Nakumatt intensifies CBD market war

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Nakumatt supermarket at the Junction, Nairobi.  Photo/FREDRICK ONYANGO

Nakumatt supermarket at the Junction, Nairobi. Photo/FREDRICK ONYANGO 

By JIM ONYANGO  (email the author)
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Posted  Friday, August 13  2010 at  00:00

In the branch expansion, it is believed the retailer has spent over Sh1 billion to put up some high end retail outlets.

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A plan to acquire more capital by listing on the Nairobi Stock Exchange was shelved two years ago.

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