Tuskys


Tuskys is a Kenyan supermarket chain. It is one of the large supermarket chains in the Great Lakes Area. It employs nearly 6150 people, 6,000+ in Kenya, and 150 in Uganda.

Location

The head office of Tuskys is located at the Gami Properties Complex, along Mombasa Road, in Nairobi, the capital of Kenya. The coordinates of the home office are:1°20'05.0"S, 36°53'38.0"E.

Overview

As of August 2018, Tuskys owned and operated sixty supermarkets in Kenya and Uganda. Tuskys employs more than 6,000 people in Kenya. As of July 2018, Tuskys had closed four stores in Kampala, Uganda and remained with three stores in Kampala, at Makerere, Ntinda and Kitintale.

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.

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, 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. CAK ordered the management arrangements to be reversed. When the supermarket chains did not move fast enough, CAK closed the two stores in question.