African Retail Insight into the African Retail Industry

Shoprite Botswana recently opened its own world-class distribution centre (DC) in Taung, Gaborone. The 3 700 m² state-of-the-art facility is the first in the country that can handle storage across multiple temperature disciplines, contains tropical ripening rooms as well as offer value-added packing facilities. Most of the space – some …

87% of Magento e-commerce websites at ‘high risk’ from cyber criminals says new report New research has found 87% of SME websites using the Magento platform are currently at high risk from cyber attacks. By contrast, under 10% of websites using other major e-commerce platforms surveyed register in the same …

The Carter App Simplifies Automobile Purchasing for Consumers. The Carter platform was developed with the express purpose of helping consumers successfully make one of the biggest purchasing decisions they will ever make: buying a new car. “The whole process of buying a new car is extremely complex and user-unfriendly. Our …

SPAR launched in four new countries, now operates over 13,112 stores in 48 countries worldwide in its third year of strong growth. The world’s largest voluntary food retail chain, SPAR International, reported another exceptionally strong year in 2018 with global retail sales of €35.8 billion for the year ending December …

RFG has recently completed the acquisition of a protein snack food business from RCL Foods Consumer (Pty) Ltd for R30 million. The business produces a range of protein snacks for Woolworths, including meat balls and chipolata sausages. The new business has been integrated into the Western Cape ready meals factory …

Food retailer on track to launch new concept stores in all 10 provinces. Former Republican President Rupiah Banda officially opened the Zambeef Petauke Macro this week, the first of the company’s new concept stores in Eastern Province. Mr Banda, who is himself an avid farmer, commended Zambeef and said that …

Coca-Cola Beverages Africa (CCBA) in Namibia inaugurated a new, sustainable solar power supply at their Windhoek factory. As a proud industry leader in developing increasingly sustainable ways to manufacture, distribute and sell their products, Coca-Cola Beverages Africa (CCBA) in Namibia, has recently installed 1 740 solar panels and nine solar …

It’s hard to imagine that just 10 years ago, the consumer’s experience of shopping in a forecourt convenience store (c-store) was completely different. In the 2000’s, forecourt convenience retail was still dominated by garage stores that specialised in the 5c’s – cigarettes, chips, chocolates, instant coffee and cool drinks. However, …

A consortium led by Apis Growth Fund I, a private equity fund managed by Apis Partners LLP, and Crossfin Technology Holdings, a fintech investment company announced today the acquisition of Sureswipe (Pty) Limited and the formation of Crossfin Transactional Solutions, South Africa’s largest independent payments and merchant acquiring solutions platform …

Lewis Group has reported the continued turnaround in the performance of its traditional retail brands in the year to March 2019, with strong merchandise sales growth and the early benefits of its diversification strategy driving headline earnings per share 24.3% higher to 376 cents. The group’s total dividend has been …