When Tuskys Supermarket first opened in the late 1980s, shoppers buzzed with excitement. What began as a small mattress and discount grocery shop in Rongai soon captured the hearts of Nairobians and became a retail staple. At its peak, it stood tall among East Africaโs retail elite.
Tuskys began in the early 1980s as โTusker Mattressโ under Joram Kamau in Rongai, selling mattresses and household goods.
With support from Nakumattโs founder, he expanded into grocery retail by the late 1980s, opening branches in Nairobi and parts of Nakuru.
After Kamau died in 2002, his children took over. Tuskys expanded dramatically, hitting 60โ64 branches across Kenya and Uganda by around 2018โ2020.
Plans for an IPO via Nairobi Securities Exchangeโs Ibuka programme were in motion; Tuskys was riding high in the retail sector.
Between 2018 and early 2020, with competitors like Nakumatt collapsing, Tuskys appeared as Kenyaโs next retail titan.
It diversified into hypermarkets and department store offerings, launched online delivery during the COVIDโ19 panic rush, and sales peakedโeven topping KShโฏ1.5โฏmillion a day at some locations in March 2020.
Beneath the surface, cracks began to show. After founder Joramโs death, his childrenโespecially Samuel Kamau, Stephen Mukuha, Yusuf Mugweru, John Kago, and George Gachweโbecame embroiled in bitter fights over control.
In 2012, Yusuf accused Stephen and George of siphoning KShโฏ1.64โฏbillion, leading to court battles and even a physical altercation where Yusuf was slapped by Stephen in a public clash. Attempts at reconciliation failed, and corporate governance crumbled.
The 2012 allegations led to CID investigations. Court cases ensued over alleged embezzlement and fund diversion.
Regulators also stepped in: in 2013, Tuskys attempted a private takeover of Ukwala stores without regulatory approval, drawing a fine of about KShโฏ5.3 million and store closures by CAK.
By midโ2020, supplier complaints, mounting bills to malls, unpaid staff, and power cutโoffs became commonplace.
From a high of 64 stores, by early 2023, only four or five remained. Tuskys was placed under liquidation; debts reached KShโฏ19.6โฏbillion while recoverable assets were only about KShโฏ6โฏbillion.
As of midโ2025, the final outletsโsuch as the Imara branchโstood empty and dusty, near collapse
The story of Tuskys Supermarket is both inspiring and tragicโborn from ambition and community, destroyed by internal discord and mismanagement. It serves as a powerful cautionary tale for familyโrun businesses everywhere: legacy only survives with governance, unity, and strategy.
Leave a Reply