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Business Africa
Nakumatt supermarkets in turmoil h3>
With a turnover of $600 million, 7,000 employees and 45 stores in several countries of East Africa, the Nakumatt shops, flourishing in the 80 ‘s and today still highly reputed, face a financial storm due to mismanagement and competition.
Kenya is particularly affected, and that is what we will see in this story by Ruth Lago and Elayne Wangalwa.
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