Tuskys
| Private Family Owned | |
| Industry | Retail trade |
| Founded | 1990 |
| Headquarters | Nairobi, Kenya |
|
Key people
|
Daniel Githua[1][2] |
| Products | Supermarkets |
| Subsidiaries | In Kenya, and Uganda |
| Slogan | Pay Less, Get More. Everyday. |
| Website | Homepage |
Tuskys is a Kenyan supermarket chain.
Contents
Location
The head office of Tuskys is located at the Gami Properties Complex, along Mombasa Road, in Nairobi, the capital of Kenya, the largest economy in the East African Community. The coordinates of the home office are:1°20'05.0"S, 36°53'38.0"E (Latitude:-1.334722; Longitude:36.893889).[3]
Overview
As of June 2015, Tuskys owns and operates nearly fifty supermarkets in Kenya[4] and Uganda. Tuskys is the second-largest supermarket chain in the Great Lakes region, behind Nakumatt. Tuskys employs more than 6,000 people in Kenya.[5]
Ownership
Tuskys is a wholly Kenyan, privately held company owned by seven children of Joram Kamau, the founder of the business who died in 2002. The table below summarizes the shareholding within the company as of August 2014.[6]
| Tuskys Stock Ownership | |||||||||||||||||||||||||||
|
Other considerations
Beginning in April 2013, Tuskys entered into a private deal with Ukwala Supermarkets a rival chain, whereby Tuskys would buy six Ukwala stores in the Nairobi area. To arrive at a fair price, Tuskys took over the management of two of the stores to assess traffic and commercial flow at those locations. The two chains did not consult the Competition Authority of Kenya (CAK), as required by law. When CAK learned of the transaction, the regulator stopped the deal and fined the two chains a total of KES:5.3 million (about US$62,000). CAK ordered the management arrangements to be reversed.[7] When the supermarket chains did not move fast enough, CAK closed the two stores in question.[8]
See also
References
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External links
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