TM spends $4,5m on shopping complex

TM Supermarkets has spent close to $4,5 million towards refurbishment and stocking of its new state of the art supermarket at the Old Mutual's Msasa premises.

The shopping complex, which was previously used by Jaggers Msasa, will be opened on Thursday.

Of the $4,5 million, $3 million went towards building refurbishments, new equipment which include about 20 Point of Sale machines, refrigerators, bakery equipment, an up market butchery and air conditioning system.

The balance will go towards stocking for the new supermarket.

The funds were raised by both TM Supermarkets and Old Mutual.

Tanganda Tea Company, another Meikles Group associate company has also taken up space at the plus 25000 square metres shopping complex.