Companies / Kenya
Uchumi Coming Back Well, Set To Enter Tanzania
February 2011 | Company News AlertKenya's second biggest food retailer, Uchumi, appears to be coming back strongly as it continues to re-emerge from administration, which it came out of in early 2010. In its first half to December 2010, Uchumi's number of customers increased by 4.5% year-on-year. Even though it is not apparent when comparing GDP per capita, Kenya's consumer sector is significantly more developed than Tanzania's and Uganda's (its two most prominent neighbours). The domestic food and drink processing industry is much stronger and internal trade systems are more developed, with organised grocery retail outlets much more
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