KFC looking to boost African footprint Published by Claude Harding on 14 December 2010 US-based restaurant group Yum! Brands is aggressively expanding its KFC chicken restaurants across the African continent.
Lifestyle retailer has ambitious expansion plans for east Africa Published by Claude Harding on 5 December 2010 One of east Africa’s largest clothing and household goods retailers, Deacons Kenya Limited, is planning to increase its footprint and diversify its brands across the region.
Wal-Mart confirms offer to acquire 51% of Massmart Published by Staff Writer on 29 November 2010 US-based retailer Wal-Mart Stores announced today that it has offered to acquire 51% of the shares of South Africa’s Massmart.
Construction work starts on modern shopping mall in Kano Published by Claude Harding on 28 November 2010 Construction work on the new Ado Bayero modern shopping mall in the northern Nigerian city of Kano officially started last week.
Zambia: Shoprite investigated over alleged anti-competitive behaviour Published by Staff Writer on 10 November 2010 South Africa’s Business Day newspaper yesterday reported that Shoprite is being investigated by Zambian competition authorities.
Nakumatt boosts its presence in Uganda Published by Regina Ekiru on 9 November 2010 Kenyan supermarket retailer Nakumatt Holdings has opened its second 24 hours store in Uganda and announced that it will invest US$1.2 million in the country as part of an expansion drive.
Pick n Pay moves into Mozambique Published by Staff Writer on 8 November 2010 South African supermarket group Pick n Pay announced today that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to further extend its African footprint.