SMART MONEY

Sacked employees open their own ‘Nakumatt’

Share
Share

Seven former Nakumatt employees have teamed up to establish a supermarket in Kondele, Kisumu.  Lemigo Holdings Superstore is set to open its doors later this month in the lakeside city, three months after Nakumatt Mega Plaza closed, rendering hundreds of employees jobless.

Benson Olang’, one of the directors of Lemigo Superstores, says he and his partners have worked at the defunct Nakumatt Mega Plaza for nearly 20 years. “We feel we have gained enough experience because it is a business we understand, we felt it was time to resign and set up our own store,” says Olang’.

He says they aim to expand and have many outlets spread across the country, adding that the new supermarket has recruited the bulk of its employees from the closed Nakumatt branch in Kisumu.

“We want to encourage small businesses to bring their products so that we can provide a market for their products,” adds Olang’.

READ: Ringier’s Pulse to publish NYT in Kenya, Ghana and Nigeria
SEE: This waiter bought out his employer’s hotel with Sh300 pay

The new supermarket is located in a densely populated area of Kondele along Kisumu-Kibos road. Olang’ says the partners had been mulling starting a supermarket for seven years but the financial difficulties of Nakumatt finally pushed them to step out.

Nakumatt has closed nearly 20 branches as creditors and suppliers moved in to recover their monies while some branches have been sacrificed to give more strategic branches a chance to come back. The once vibrant retailer has been fighting court battles fronted by its creditors to liquidate the business.

READ ALSO: Simple ways to turn that trash at home into money

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WHAT YOU NEED TO KNOW IN POLITICS

FOLLOW US ON SOCIAL MEDIA

Related Articles
Lumumba Affordable Housing Project
REAL ESTATE

Ksh5.7Bn Lumumba Affordable Housing Project To Be A Game Changer For Kisumu City

President William Ruto is set to commission the Lumumba Affordable Housing Project...

Mount Edgecombe Highway interchange in Durban, South Africa.
BT FACTCHECK

False: This Road Interchange, Bicycle Lane Are Not In Kisumu

A Facebook post with images of a road interchange and bicycle lane...

Eldoret city status
FEATURED STORY

Some Eldoret Residents Surprisingly Oppose City Status

Eldoret town is inching closer  to becoming a city with just two...

President Uhuru Kenyatta witnessed the operationalization of Kisumu Shipyard. [Photo/ PSCU]
BUSINESSECONOMY

Kisumu Gets Ksh6.4B Solar Power Plant

"Kenya must have a reduction in the cost of energy if we...