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Tuskys of Kenya Plans to Open Stores in Ethiopia

Tuskys, Kenya’s second-biggest supermarket chain plans to expand in to Ethiopia, according to Bloomberg.

“We have now set 2016 as the appropriate time to open stores in Ethiopia", Chief Executive Officer Dan Githua said in an interview on May 29. “What we are going to do there is to partner with a local entrepreneur. In our five-year plan we are also considering to either go to Congo or Tanzania.”

Tuskys is a 25-year-old family owned business and has 50 outlets in Kenya and Uganda. In the previous year, it had 40 billion shillings ($414 million) sales, Githua said.

Source: Bloomberg

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