• MAF sees Kenyan Carrefour sales soar and eyes new markets

    UAE-based Carrefour franchisee Majid Al Futtaim (MAF) saw its Kenyan sales rise by 71% during 2018, to AED506 million (USD137.8 million). MAF currently operates seven stores (six hypermarkets and one supermarket) in Nairobi. Nairobi’s eighth Carrefour store (another hypermarket) is due to open later this year in the premises formerly occupied by Nakumatt along the

    Categories: Egypt - Retail & Shopping Malls - Kenya - Uganda - South Africa

  • East Africa’s largest supermarket chain prepares to go public

    Tuskys, which operates more than 60 stores in Kenya and Uganda and has overtaken the faltering Nakumatt to become the region’s largest retailer, is planning to list on the Nairobi Stock Exchange (NSE) this year. “We will definitely join the main market segment. Two weeks ago, we entered an incubation period with the NSE. This

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Consumer Banking Uganda

    In the first edition of the report, we explore the consumer banking landscape in Uganda. This includes information on banking penetration, services used as well as data regarding lending and domestic and international transfers. The report delves into specific aspects of the consumer banking profile, such as positioning of main brands in the Ugandan market,

    Categories: Consumer - Financial Services - Uganda