Will Merger Salvage Nakumatt, East Africa's Giant Retail Store?

The region's Nakumatt stores are experiencing financial challenges with Kenya's store employees not being paid, while the Uganda branch is battling landlords over unpaid rent and suppliers in Tanzania are demanding payment for goods sold on credit. Meanwhile a merger with Tusky's, Kenya's biggest retailer, may be the shot in the arm the company needs to overcome its financial woes.

A customer walks into one of the branches of Nakumatt Supermarket in Kampala.


See What Everyone is Watching