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.
Immigrant township traders becoming a force to be reckoned with Published by Jaco Maritz on 10 November 2010 Immigrant traders operating in South Africa’s townships are becoming more competitive, said Gill Mkhasibe, managing director of The Alternative Consultancy.
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.
Pick n Pay sees ‘upside potential’ in Zimbabwe Published by Staff Writer on 3 November 2010 South African retailer Pick n Pay confirmed yesterday that it had purchased another 24% of Zimbabwe operation TM Supermarkets, where it already has a 25% share, bringing its total shareholding to 49%.
Woolworths eyeing Angolan market Published by Staff Writer on 27 October 2010 South African retailer Woolworths is looking at entering the Angolan market.
Wal-Mart and what it means for Africa Published by Jaco Maritz on 12 October 2010 How we made it in Africa looks at how Wal-Mart’s entry into Africa might affect the continent’s retail landscape
Wal-Mart makes offer for South Africa’s Massmart Published by Staff Writer on 27 September 2010 US-based retailer Wal-Mart Stores announced today that it has made a proposal which could, if successful, lead to Walmart making a cash offer to acquire South Africa’s Massmart Holdings Limited.
The changing face of retail in Nigeria Published by Jaco Maritz on 15 September 2010 Nigeria’s retail sector is undergoing change with international supermarket brands entering the country, new malls being constructed and the transformation of informal markets into more modern facilities.
Spar opens shop in Nigeria; Shoprite not fazed Published by Claude Harding on 25 August 2010 International retail network, Spar, has opened its first outlet in Nigeria according to a report in Business Day. Spar has partnered with Nigerian retail chain Park ‘n’ Shop, owned by the Artee Group.
Online retailer seeking growth in Kenya and Nigeria Published by Staff Writer on 10 August 2010 Kalahari.net, the South Africa-based online retailer, has over the past year expanded into two new African countries, namely Kenya and Nigeria. How we made it in Africa interviewed Gary Hadfield, the company’s CEO
Group of South African companies involved in Malawi mall Published by Staff Writer on 23 June 2010 A number of South African companies are involved in the construction of a shopping centre in Lilongwe, Malawi.
