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Carrefour’s Mixed Bag in Africa | Uganda News
Carrefour’s Ugandan expansion is booming with rising sales—but profits are plummeting, hinting at tough times ahead. Despite opening flagship stores and snapping up former Shoprite locations, the French giant is betting on long-term gains, not quick wins. Meanwhile, across the border in Kenya, Carrefour just paid a record $7.2 million fine for abusing market power. It’s a mixed bag: growth in Uganda, pain in Kenya—and big questions about how far Carrefour’s strategy can stretch. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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