Uchumi To Expand Branch Network

Supermarket chain Uchumi Supermarkets plans to open six new branches branches in East Africa, the chains marketing manager has announced. The supermarket chain plans to open two new branches in Uganda and four in Kenya.

Uchumi Supermarket which operates 19 branches in Kenya also plans to take its presence to Zanzibar and South Sudan. The retail chain, which only had one branch in Uganda, now has three branches in Kampala and one in Gulu. Tanzania, the newcomer in the region, has only one branch in Dar es Salaam.

“We anticipate the opening of Ongata Rongai branch in Kenya and Natete and Mbale branches in Uganda,” Mr Francis Kiragu, marketing manager, Uchumi Supermarkets, told The East African, “we also look forward to once again serving our loyal customers in towns such as Kisumu, Kisii and Mombasa in the not so distant future.”

The supermarket chain plans to reclaim the glory it lost to Nakumatt and Tuskys when it shut down operations early last decade owing to financial difficulties. It was later put under receivership forcing it to shut down most of its branches countrywide. Nakumatt and Tuskys have 30 and 32 branches in Kenya, and five branches each in Uganda, respectively.

Uchumi ordinary shares are currently traded on the Nairobi Securities Exchange after the company was re-listed. The shares have been trading at the NSE since 31 May 2011 when the suspension in trading of the Company’s shares was official lifted.

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