Nakumatt holdings plans to open
14 new branches as part of
ongoing expansion plan of its
business in Kenya and Eastern
Africa region in the next two
years.
Nakumatt’s regional strategy and
operations director Thiagarajan
Ramamurthy says the company
has set a target of growing its
gross revenues to over Sh90
billion in the medium term
through the expansion programme
adding that the plans for the
proposed 14 new branches are at
an advanced stage.
“Within this project, the pilot
refurbishment works at Nakumatt
Village Hypermarket are nearing
completion including upgradingt
all other branches from next
year,” Ramamurthy said.