Uchumi, Nakumatt review regional strategy over cash flow setbacks

Massive debts, dwindling sales and rising competition have forced two Kenyan supermarket chains to rethink their regional strategies and concentrate on safeguarding their local market.

Nakumatt and Uchumi Supermarkets, which a decade ago opened regional branches, are now at a point of reviewing their regional strategies to focus on the home market, after sinking deep into financial woes.