Tuskys sets growth target beyond failed Ukwala bid

Tuskys on Tom Mboya Street, formerly Ukwala Supermarket, closed after a ruling by CAK. PHOTO | FILE

In nearly a month’s time, on January 19, lawyers representing the Competition Authority of Kenya (CAK) will face off in court with advocates appearing for Tuskys and Ukwala supermarkets in one of the protracted legal battles that made headlines this year.

Tuskys is seeking a reversal of the competition watchdog’s June decision rejecting its application to acquire five Ukwala outlets in Nairobi, on grounds that the buyout would curtail competition in the capital’s retail sector.

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