founded 1987 headquarters nairobi kenya products supermarkets subsidiaries in kenya rwanda tanzania and uganda website home page nakumatt is a kenyan supermarket chain . nakumatt is an abbreviation for nakuru mattress . 1 contents 1 overview 2 regional subsidiaries 3 branches 4 finances 5 ownership 6 safety 7 2009 nakumatt fire 8 high end malls 9 sole sad & invisible 10 see also 11 references 12 external links overview edit as of december 2015 update nakumatt had nearly 65 stores in the african great lakes countries of kenya uganda rwanda and tanzania . it employed over 5 500 and had gross annual revenue in excess of us 450 million . 2 at that time it had plans to enter other african countries and to increase the number of stores in the countries where it already had a presence . 3 regional subsidiaries edit on 23 august 2008 nakumatt opened its first store outside kenya in the union trade center in kigali rwanda . 4 in june 2009 the first nakumatt store in uganda opened on yusuf lule road on kololo hill in central kampala the capital city . in november 2010 nakumatt expanded its footprint in kampala by acquiring payless supermarket a ugandan supermarket chain with two stores in the kampala suburbs of bugoloobi and bukoto bringing the number of stores in uganda to three . 5 the initial investment in the store in kololo was approximately us 3 million . the two payless supermarket stores cost an estimated us 650 000 . nakumatt plans to expand the new stores at a later date . 6 in february 2016 the retail chain announced plans to open five new stores outside kenya during the first half of the year . 7 branches edit as of october 2015 update the supermarket chain had 55 stores in the african great lakes including at the following locations 8 kenya thirty four stores . uganda nine stores 1 . oasis mall yusuf lule road central kampala 2 . luthuli rise bugoloobi 9 3 . kira road bukoto 4 . village mall bugoloobi 10 5 . acacia mall kololo 11 6 . muganzirwazza mall katwe . 7 . victoria mall in entebbe 12 8 . one in mbarara . 13 and 9 . one in naalya in suburban kampala 14 rwanda three stores in kigali . tanzania five stores ; one in moshi 15 one in arusha and three stores in dar es salaam . 16 17 burundi one store in development in bujumbura south sudan cancelled finances edit turnover in 2006 was over us 300 million up 150 % on the previous year . 18 in 2013 turnover annual gross revenue was estimated at about us 650 million . 19 ownership edit nakumatt is a wholly kenyan privately held company owned by the atul shah family and hotnet limited . in july 2013 kenyan print media indicated that the chain planned to sell a 25 % stake to yet an unidentified investor and use the funds for regional expansion . after that sale the shah family will still remain the largest shareholder in the company . 20 safety edit the chain has a poor safety record and has faced strong criticism mainly regarding shoppers and employees safety . main case in point is the 2009 nakumatt fire in which over 29 people lost their lives . however the management has taken steps to ensure that such accidents do not happen again . 2009 nakumatt fire edit a nakumatt store in nairobi suffered a massive fire on 28 january 2009 killing 25 people . high end malls edit nakumatt has played a significant role in the urban development of kenya s largest and capital city nairobi through the construction of upscale malls throughout the nairobi area which include brand name stores banks international eateries theatres etc. nakumatt mega 24 hour supermarket nakumatt junction nakumatt ukay kenya s first 24 hour supermarket nakumatt west gate in development destroyed in westgate shopping mall attack in 2013 nakumatt prestige nakumatt galleria on langata road nakumatt lifestyle 24 hour supermarket nakumatt thika road in thika road mall nakumatt garden city along thika super highway sole sad & invisible edit the website of nakumatt holdings limited was hacked by iranian hackers called sole sad & invisible . the website as of 31 may 2014 shows a message that the website is under construction . have got a new website www.nakumatt.net 21 see also edit molo fire uchumi tuskys 2011 nairobi fire kenya economy 2009 nakumatt fire references edit kiruga morris 20 october 2013 . supermarkets and their peculiar link with nakuru . daily nation mobile . retrieved 31 may 2014 . nakumatt business overview . nakumatt holdings . retrieved 31 may 2014 . miriri duncan 19 april 2012 . nakumatt from mattress shop to african chain . reuters . retrieved 31 may 2014 . frank kagabo and kihesi rwaguma 24 august 2008 . rwanda nakumatt opens in rwanda . the new times rwanda via allafrica.com . retrieved 31 may 2014 . gakure mwangi peter 9 november 2010 . nakumatt opens 24 hour outlet in uganda s bugolobi suburb . east africa business week . retrieved 31 may 2014 . ssempijja david 4 november 2010 . nakumatt takes over payless supermarket operations . new vision . retrieved 31 may 2014 . mutegi mugambi 2 february 2016 . nakumatt to open five more outlets in neighbour countries . business daily africa . nairobi . retrieved 2 february 2016 . the eastafrican 27 october 2015 . nakumatt takes over shoprite uganda shop in eac expansion drive . daily monitor . kampala . retrieved 27 october 2015 . ekiru regina 9 november 2010 . nakumatt boosts its presence in uganda . howwemadeitinafrica.com . retrieved 31 may 2014 . nakumatt team 13 october 2013 . nakumatt strengthens local presence with fifth branch opening at bugolobi . nakumatt holdings . retrieved 31 may 2014 . business daily reporter 12 february 2014 . nakumatt opens eighth uganda branch . business daily africa . retrieved 31 may 2014 . nation correspondent 12 december 2013 . nakumatt opens seventh outlet in uganda eyes bigger market share . retrieved 31 may 2014 . namono lydia 20 march 2012 . foreign retailers flooding uganda market . daily monitor . retrieved 31 may 2014 . ciuri simon 27 october 2015 . nakumatt takes over shoprite uganda shop in eac expansion drive . the eastafrican . nairobi . retrieved 27 october 2015 . otini rawlings 11 december 2011 . nakumatt opens branch in tanzania eyes key towns . business daily africa . ciuri simon 22 january 2015 . nakumatt supermarket books space in dar es salaam mall . business daily africa nairobi . retrieved 22 january 2015 . miriri duncan 10 january 2014 . kenya s nakumatt to buy shoprite s stores in tanzania . reuters . retrieved 31 may 2014 . ondari justus 30 may 2007 . kenya nakumatt turnover grows by 150 % . daily nation online via allafrica.com . retrieved 31 may 2014 . mwaniki charles 31 october 2013 . nakumatt valued at ksh34 billion says md . business daily africa . retrieved 31 may 2014 . herbling david 24 july 2013 . nakumatt starts talks on sale of 25 % stake . business daily africa . retrieved 31 may 2014 . website of nakumatt holdings limited . nakumatt holdings . retrieved 31 may 2014 . external links edit 2009 nakumatt fire nakumatt official website nakumatt sets stage to open 50th store in august 2014 nakumatt in search of equity partner plans expansion into western & southern africa nakumatt with eight stores in uganda by december 2013 nakumatt s profit drops to sh305m after high costs retrieved from https en.wikipedia.org w index.php title nakumatt & oldid 739921636 categories supermarkets of kenyaretail companies established in 19871987 establishments in kenyahidden categories engvarb from may 2014use dmy dates from may 2014articles containing potentially dated statements from december 2015all articles containing potentially dated statementsarticles containing potentially dated statements from october 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity 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