Carrefour's Kenyan Windfall: What Nakumatt's Collapse Built, Consumers Must Now Watch
COFEK reads the numbers differently. Carrefour's expansion has not happened in a competitive vacuum — it has happened in the wreckage of Nakumatt Holdings, Uchumi Supermarkets, Tuskys and Mulleys Supermarkets, four homegrown chains that collapsed under debt, mismanagement and, in some cases, outright plunder of supplier and shareholder funds.





