Sorry, you need to enable JavaScript to visit this website.
Skip to main content
 One of the Nakumatt outlets in Kampala. File photo
One of the Nakumatt outlets in Kampala. File photo

Nakumatt closes three outlets in Uganda

The retail chain also has a presence in Tanzania and Rwanda.
posted onJuly 2, 2017
nocomment

Troubled regional retail chain Nakumatt has closed down three of its outlets in Uganda. The cash-strapped retailer shut stores at Acacia Mall in Kololo, Village Mall in Bugolobi and at Victoria Mall in Entebbe. "The supermarket space at these malls will go under redevelopment," said Knight Frank Uganda, the property manager, in a statement issued on Saturday.

n April, Nakumatt shut its Katwe branch after it accumulated rent arrears running into millions of shillings. Last month, the retailer said it would close poorly performing outlets in Uganda and Kenya. It has already closed two stores in Nairobi. The retail chain also has a presence in Tanzania and Rwanda. Souece: Daily Monitor

Join the conversation

Restricted HTML

  • Allowed HTML tags: <a href hreflang> <em> <strong> <cite> <blockquote cite> <code> <ul type> <ol start type> <li> <dl> <dt> <dd> <h2 id> <h3 id> <h4 id> <h5 id> <h6 id>
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.