Under the lease transfer agreement, Shoprite Checkers Uganda Limited’s stores and moveable assets will be taken over by Carrefour, the transaction will further expand the regional presence of Carrefour. whose franchise is held by Dubai-based Multinational Majid Al Futtaim holds Carrefour’s franchise as it is set to take over six stores in Uganda owned by Shoprite, the six stores are located in Village Mall, Victoria Mall, Acacia Mall, Clock tower, Arena mall and Lugogo mall as Shoprite exits the Ugandan Market by the end of the year
