The Nakumatt Thread | Photo Gallery | Developments

[sseki2010]

whts da biggest ov all..kampalaz nakumatt is huge, i saw also lifestyle is also huge

[bantugbro]

Originally Posted by musiccity

There are currently 33 Nakumatt stores.

Kenya - 27
Uganda - 4 (Kampala)
Rwanda - 1 (Kigali)
Tanzania - 1 (Moshi)

Expecting one in Dar @ Dar Village Mall...

[Kenguy]

Originally Posted by sseki2010

whts da biggest ov all..kampalaz nakumatt is huge, i saw also lifestyle is also huge

The largest one must be Nakumatt mega on Uhuru highway but I could be wrong. I don't know any other Nakumatt where you get virtually everything under one roof from cars to whole bathroom setups.

Sseki. When they complete the Acacia mall, they will probably have Kampala's largest Nakumatt in there.

[Kenguy]

Originally Posted by bantugbro

Expecting one in Dar @ Dar Village Mall...

Expect a couple of them in Dar in the coming years. As well as most of the major urban areas in TZ.

[xJamaax]

Originally Posted by Kenguy

Expect a couple of them in Dar in the coming years. As well as most of the major urban areas in TZ.

I'm surprised how Nakumatt has not expanded into TZ for all that time.Is it because of the "anti-Kenyan" attitude?

[Kenguy]

Its getting bigger

Nakumatt Sets Sight on African Coverage

Regional retailer, Nakumatt Holdings, has set its corporate expansion sight towards a continental coverage as it embarks on its second growth phase.

Ahead of its scheduled Tanzania branch opening in coming weeks, Nakumatt Holdings has confirmed plans to enter other key markets within the Southern Africa, Western and Horn of Africa regions as part of its next growth phase in the next five years.

As part of Nakumatt’s expansion, plans are already underway to open its first store in Tanzania to be located in Moshi town.

Speaking during a corporate dinner hosted for its business partners, Nakumatt Holdings Managing Director Mr. Atul Shah disclosed that the firm has embarked on its second growth phase in a project code named Nakumatt 2.0 that will focus on continental expansion.

While updating the hundreds of partners at Nakumatt Head office, Shah further disclosed that Nakumatt Holdings has this year achieved a 15 per cent organic growth and 25 per cent overall growth over last year. Going by the current growth rate, Shah expressed optimism that the firm will be closing the year with a projected Kshs 40Billion turnover.

“Through a project code named Nakumatt 2.0, we have now embarked on a feasibility study to facilitate our entry to such countries as Burundi, Zambia, South Sudan, DRC, Nigeria, Botswana and Malawi,” Shah explained.

And added: “this year will also be marked by our return to the Nakumatt birth town of Nakuru where we shall be opening our 35th store in November.”

During the occasion, Shah expressed gratitude to the firm’s business partners who had continued to lend a helping hand particularly what he described as the recent; eventful few years filled with many challenges and opportunities.

While singling out the support received from four local leading banks, Shah explained that Nakumatt’s much publicized efforts to bring on board a strategic partner were also shelved and in its place a consortium of the banks brought on board.

“The much publicized efforts to bring on board a strategic partner were also shelved and in its place a consortium of four local banks namely - Standard Chartered, Diamond Trust, Bank of Africa and KCB came on board to support Nakumatt’s growth and vision,” Shah explained.

As a goodwill and gratitude gesture and to raise further capital to drive the retailer’s growth, Nakumatt Holdings, Shah, said will also be seeking to share its success with its staff, customers and suppliers by listing at the regional stock exchanges in coming years.

“As esteemed partners and suppliers, we shall most definitely be counting on your support as we also seek to share the Nakumatt cake by listing at the regional stock exchanges in due course,” Shah explained.

And added: “In the meantime, we are considering and exploring the support of potential equity investors to participate in our second growth phase.”

[xJamaax]

Good news!It's about time we also have Africa-wide brands with Kenyan origin!

[bantugbro]

Originally Posted by xJamaax

I'm surprised how Nakumatt has not expanded into TZ for all that time.Is it because of the "anti-Kenyan" attitude?

We unaumwa kweli...

[ernestombayo7]

Nakumatt should tread carefully with its aggressive expansion plans.It might become cash strapped very fast.I think they should consolidate the East African markets first before venturing into highly competitive markets like Nigeria.

[Malaika254]

Originally Posted by ernestombayo7

Nakumatt should tread carefully with its aggressive expansion plans.It might become cash strapped very fast.I think they should consolidate the East African markets first before venturing into highly competitive markets like Nigeria.

Was going to say the same thing!

[èđđeůx]

Originally Posted by ernestombayo7

Nakumatt should tread carefully with its aggressive expansion plans.It might become cash strapped very fast.I think they should consolidate the East African markets first before venturing into highly competitive markets like Nigeria.

For real, they haven't even opened in Tanzania yet but want to expand to other regions of Africa. Kenya, Tanzania, Uganda, South Sudan (someday), Rwanda, Burundi, and possibly Ethiopia (idk its gov't policy towards foreign retailers) is more than enough for Nakumatt for now.

Get set up nicely in these countries, then make a plan to spread to other regions of Africa. Nakumatt needs 5 year plans.

[Mintali]

Originally Posted by musiccity

Does anyone know anything about the Nakumatt opening in Nakuru?

Its a pity Nakumatt owes its name to Nakuru _Nakuru Mattress_ yet Nakuru does not have a Nakumatt. However they are putting up one at Old Nairobi road near the over pass diverting to the city centre

[Mintali]

Originally Posted by Kenguy

The largest one must be Nakumatt mega on Uhuru highway but I could be wrong. I don't know any other Nakumatt where you get virtually everything under one roof from cars to whole bathroom setups.

Sseki. When they complete the Acacia mall, they will probably have Kampala's largest Nakumatt in there.

Dude are you serious? Nakumatt Mega could be the smallest Nakumatt in Nairobi if they had not rented those few stores along Moi Avenue and Haille Selasie Avenue. The largest Nakumatt is actually the Mega City in Kisumu. The largest Nakumatt in Nairobi is actually Nakumatt Junction. It looks small due to its low height but its vast.

[Kenguy]

Originally Posted by Mintali

Dude are you serious? Nakumatt Mega could be the smallest Nakumatt in Nairobi if they had not rented those few stores along Moi Avenue and Haille Selasie Avenue. The largest Nakumatt is actually the Mega City in Kisumu. The largest Nakumatt in Nairobi is actually Nakumatt Junction. It looks small due to its low height but its vast.

Ok. I was just giving my opinion. As I said, I could be wrong.

[desert burner]

i guess its Nairobi mega

[Kenguy]

image hosted on flickr

[mwinyi]

guys Im looking for Nakumatt Moshi Tanzania photos

anyone?

[Kenguy]

Originally Posted by mwinyi

guys Im looking for Nakumatt Moshi Tanzania photos

anyone?

They will appear sooner or later. Though I'll try and get some.

[xJamaax]

Nakumatt is afraid of a rapid TZ expansion?

They've been very slow at coming up with new outlets there.

[mwinyi]

bump...