Nakumatt set to open fourth branch

>Regional retailer Nakumatt Holdings invested $2 million (Sh3.2 billion) in its new branch in Arusha as it seeks to double the formal retail penetration in East Africa in the next ten years.

 In a bid to reach more Tanzanians, Akiba Commercial Bank (ACB) plans to open a branch in Mwanza Region this year.

A Criminal Session Centre for the High Court will be set up in Karatu to serve Mbulu, Ngorongoro and Karatu districts, it was announced here on Monday.

Regional retailer, Nakumatt Holdings, will this weekend kick-off a series of consumer reward programmes to celebrate the opening of its 50thBranch in Arusha, Tanzania, this Saturday.
The opening of Nakumatt Arusha, formerly operated by South African Retailer- Shoprite- is a major milestone for the retailer, as it had earlier set a corporate target to open its 50thbranch by February 2015 under its Nakumatt 2.0 Corporate Development Strategy.
Having started its supermarket operations in 1992...

Over 120 golfers are expected to battle it out in the much anticipated FNB Nyerere Open Golf championship that tees off next month.

The University of Dodoma (Udom) will soon open its radio station airing educative programmes on various social-economic aspects.

Talks between the government and donors to re-open funding for budget implementation have so far failed to bear fruit despite prolonged negotiations, The Citizen has learnt.

Over 120 golfers are expected to battle it out for supremacy when the much anticipated FNB Bank Nyerere Open Championship tees off on October 30 at the Dar es Salaam Gymkhana Club.

Nakumatt is entering a market where its closest competitor in Kenya and Uganda – Uchumi – has already established itself. What tactics will Nakumatt employ to be ahead of the competition?