The Shoprite exit was evident but just delayed

The Shoprite outlet in Lugogo Kampala. This is one of the stores that Nakamatt expects to takeover. Photo by Rachel Mabala.

What you need to know:

Nakumatt Holdings last week announced it had finalised plans to take over two Shoprite stores in Uganda. The takeover will effectively mean that the South African retail chain will exit the East African market after quitting in Tanzania last year. Didas Kisembo & Mark Keith Muhumuza drew back to the events leading to the announcement, analysing why the supermarket, which has been in Uganda for about 15 years, had to leave the market.

In September 2008, South African retail giant, Shoprite Holdings, was named by a Planet Retail report as the leading supermarket chain in Africa.
The retail chain had beaten more than 30 continental grocery stores to the position, among which are multinational supermarkets, explaining its giant leap into much of the continent at the start of the millennium.
In 2000, Shoprite launched in Uganda, establishing a high-end store in downtown Kampala on Ben Kiwanuka Street, before opening two others in Lugogo and Naalya.

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