African Retail Insight into the African Retail Industry

Dis-Chem results for the 12 months ended 28 February 2019 Highlights • Group revenue up 10% to R21.4 billion • Headline earnings up 7.4% Midrand, 16 May 2019 – Despite a tough economic environment and prolonged industrial action, which affected almost a third of the financial year, Dis-Chem reported positive …

The Coca-Cola Company has announced that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements of CCBA within its results from continuing operations in the second quarter of 2019, in accordance with U.S. accounting standards. …

Rhodes Food Group is a producer of fresh, frozen and long life convenience meal solutions for customers and consumers across South Africa, sub-Saharan Africa and in major global markets. The portfolio of market leading brands, which includes Rhodes, Bull Brand, Magpie, Squish, Bisto, Hinds and Pakco, is complemented by private …

The home of the ‘’original glazed doughnut’’ is coming to Cape Town! Krispy Kreme Doughnuts, an iconic brand in existence since 1937 will be opening their first Cape Town store towards the end of 2019. Krispy Kreme’s ‘’hot original glazed doughnut’ will be available at a soon to be announced …

Mr Price Group has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 2 May 2019. Mr Price retains its listings on the JSE and its issued share capital will be unaffected by its secondary listing on A2X. There …

MiX Telematics a leading global provider of fleet and mobile asset management solutions, has announced that one of Southern Africa’s largest fast moving consumer goods (FMCG) retailers are expanding its adoption of MiX’s solutions. The SPAR Group has been a long-standing customer of MiX Telematics, with a few hundred vehicles …

Cape Town-based redPanda Software and PCMS, one of the world’s leading point-of-sale software companies, have announced the extension of their partnership by adding sales and implementation to redPanda Software’s existing development role. “PCMS is on an ambitious growth path for 2019, including a much stronger focus on building our client …

Health conscious consumers are increasingly turning to supermarkets and local convenience stores to meet their day-to-day health needs. Tapping into this growing market is the pioneering new concept, SPAR Natural, which breaks new ground in the area of Health & Wellness, offering a holistic approach to customers seeking better healthcare. …

In the last 25 years, Zambeef Products Plc has grown from a humble butchery business to one of Zambia’s biggest success stories, with more than 206 shops and 7,500 employees. A big part of that achievement has been thanks to the company’s ability to raise finance on the stock market …

South Africa’s largest private sector employer, the Shoprite Group, created 409 new jobs with the opening of 16 new stores across five provinces in South Africa during the second half of April 2019. This brings the Group’s total number of employees to more than 147 200 and this trend is …