How commerce is evolving in Africa: A conversation with Aubrey Hruby Published by Aubrey Hruby on 19 February 2022 Opportunities for international businesses to engage in what is now the world’s fastest growing region.
10 African business trends: Copper the new oil, Uber-style trucking and medical tourism Published by Staff Writer on 13 December 2021 A selection of African business and economic trends that came across our desk over the past year.
Opinion: South African retailers retreat from East and West Africa Published by Dianna Games on 10 September 2021 The recent announcement that South African retail company Massmart was selling off its Game stores in five African countries rang alarm bells about the future of the consumer opportunity in Africa.
How to build winning businesses in Africa: 10 minutes with Massmart Published by Martyn Davies on 6 September 2016 Talking business with Massmart’s chairman Kuseni Dlamini.
Africa expansion: Massmart maintains an ‘optimistic but measured approach’ Published by Kate Douglas on 26 August 2016 Massmart, owned by Walmart, wants to open five new stores on the continent (outside of South Africa) over the next two years.
Truworths, Shoprite and Massmart: How South African retailers are doing in rest of continent Published by Kate Douglas on 18 March 2016 In light of recently released financial results, we look at how three South African retailers are viewing their operations in the rest of the continent.
Wal-Mart subsidiary Massmart discusses its entry into Kenya Published by Dinfin Mulupi on 17 June 2015 “We won’t be beaten on price,” says Massmart Africa director Mark Turner.
Bring it on, Nakumatt tells foreign retailers set to enter Kenya Published by Dinfin Mulupi on 17 April 2015 Kenyan retailer not fazed by foreign competition.
Walmart director shares his thoughts about retail in Africa Published by Jaco Maritz on 2 March 2012 “One of the things that have amazed us, is that it is a very brand-conscious market.”
Supermarket chain Shoprite to open a store in DRC Published by Femi Adewunmi on 24 February 2012 South Africa-based pan-African retailer Shoprite Holdings plans to open its first store in the Democratic Republic of Congo (DRC) before June 2012.
More trouble for Walmart’s entry into Africa Published by Staff Writer on 21 July 2011 The South African government is looking to overturn the country’s Competition Tribunal’s decision to allow US-based Walmart’s takeover of local retailer Massmart.
Massmart shareholders vote in favour of Wal-Mart deal Published by Claude Harding on 17 January 2011 Massmart shareholders today voted in favour of the sale of a controlling stake in the company to US retailer Wal-Mart Stores.
Wal-Mart applies to operate in Zambia Published by Staff Writer on 17 January 2011 US-based retailer Wal-Mart Stores has applied to Zambia’s Competition and Consumer Protection Commission to buy Massmart Holdings’s operation in the southern African country, Bloomberg reported.
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.
