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Nakumatt surrenders branches in major towns

Nakumatt branch in Eldoret, the retailer has surrendered 4 branches to focus on new strategies

NAIROBI, KENYA: Nakumatt has agreed to surrender four branches in leased properties to concentrate on strategies that can enable it stay in business and stand growing competition in Kenya's retail market.

Nakumatt currently facing financial problems has been in court fighting eviction from some of its premises in major towns like Mombasa and Nairobi.

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