More than 2,500 people took part in the 2023 SPAR Zimbabwe Rainbow Run, which raised $20,000 for two of its long-time charity partners Childline and Zimbabwe National Society for the Prevention of Cruelty to Animals. Zimbabweans of all ages and walks of life came together to take part in the SPAR Zimbabwe Rainbow Run. More
The Netball World Cup is on a South African tour in preparation for the Vitality Netball World Cup 2023 tournament. SPAR South Africa has sponsored national and international competitions for over 20 years and regards netball as its flagship sponsorship. The tournament trophy recently arrived, to much excitement, on South African soil. This highly-anticipated world
With foreign exchange shortages plaguing sub-Saharan African economies, Bank One’s Head of Trade, Gerald Ndosi, explains what measures can be taken to overcome US dollar liquidity challenges, promote trade finance, and foster sustainable economic growth in the region International Trade is conducted in the currencies of major economic powers, largely the US dollar, European Union
By Marius Wessels Manager: Professional Services for SYSPRO Africa Food goes to waste at every stage in the food manufacturing and distribution process – from farming and production to packaging, storage, distribution, retail and finally, once it reaches consumers. According to the Food and Agriculture Organisation of the United Nations (FAO), globally we lose or
Customers truly embraced the spirit of SPAR’s Stuffed with Love campaign which ended on 31 March. Shoppers and local institutions were encouraged to donate items and toys for children in need. This netted many more donations than the retailer had anticipated, with great diversity of items being collected. SPAR Zimbabwe has a multi-pillar responsible retailing
“It is time for Africa. It is time for Africa to harness its people, its resources, and its resilience for the betterment of all. It is time for large corporates and public sector entities to open up their supply chains for the betterment of local businesses. It is time for financial institutions to support this
In an ongoing programme of retail experience transformation, SPAR Zimbabwe invested in another of their core stores. The renovation was completed in just four weeks and has increased the area dedicated to fresh and frozen foods as well as the food service offer. The SPAR Supermarket which reopened on 22 February is located in the
SPAR Zimbabwe planted 10,000 trees on 3 December 2022 and is sowing the seeds for 20,000 more in 2023. Through this initiative, the retailer was the country’s largest non-commercial planter of trees this planting season. This number of trees planted was also a boost for SPAR International’s campaign for tree planting, which began in 2022.
As we flip flop between candles powering up and diesel drumming to a now common beat – with the longest run of loadshedding in South Africa recently under our belts – the massive impact this has had on business has been nothing less than debilitating leaving our economy in a precarious position. With loadshedding recently
SPAR Athienitis, situated in the Fife Avenue shopping centre in Harare, Zimbabwe, has reopened its doors after extensive renovations. The new-look SPAR Supermarket boasts wider shopping aisles, an increased range, and a new gifting and home décor section The store has undergone a significant transformation, with an increase of 600m2 (about twice the area of
As the new cluster head for the Greater Zambezi region, Gomes brings 35 years of professional and managerial experience at Nestl Nestlé has appointed Luke Gomes as the new Cluster Head for the Greater Zambezi region, one of three clusters within Nestlé East and Southern Africa Region (ESAR). The cluster covers five countries, Zimbabwe, Zambia,
SPAR Zimbabwe has again committed to finding alternatives to single-use plastic carrier bags by offering a recyclable SPAR carrier bag made from recycled SPAR UHT Milk cartons, produced entirely by hand by the Clean Marondera group. Clean Marondera (CM) is a community-based voluntary organisation working with the Zimbabwe Environmental Management Agency (EMA), local council, and
Highlights Revenue up 24% to R14bn Operating profit before net impairment losses up >100% to R1.2bn Trading profit up 109% to R1.4bn Cash generated from operations before working capital up 133% to R1.7bn Earnings of 32.1cps and headline earnings of 62.3cps, both up >100% Net debt:EBITDA 2.74 times; EBITDA:interest 4.79 times; complied with covenants Erik
SPAR Zimbabwe has opened its 40th store: a SPAR Express with a sales area of 165m2. Opened on 14 June, the store is located on a fuel service station forecourt in the busy border town of Beitbridge, the main gateway from Zimbabwe into South Africa. SPAR Express South Beitbridge is situated just off the main
Nestlé Zimbabwe joins the rest of the world in celebrating World Milk Day. The benefits of milk and dairy go beyond its richness in nutritional quality. Dairy worldwide supports the livelihoods of millions of people. At Nestlé, we unlock the power of food to enhance the quality of life for everyone, today and for generations
SPAR Zimbabwe has celebrated its ten-year participation in the national Buy Zimbabwe campaign with instore promotions of local goods. Zimbabwe has a rich heritage of manufacturing, along with a wealth of creative, hardworking people who believe in working together for the greater good – in line with SPAR’s ethos of ‘Better Together’. At SPAR, we
Million-dollar manufacturing deal aims to drive industrialisation and economic growth across Africa KAS Africa, a leading contract manufacturer of personal, home, baby and oral care FMCG products, has received an investment with an aggregate value of $10 million from TRT Investments Limited. The transaction significantly strengthens KAS Africa’s balance sheet and capacity to execute its growth
When poultry import tariffs were introduced in 2020, the South African National Consumer Union warned that these tariffs would push up chicken prices – a prediction that has come true. A bag of Individual Quick Frozen (IQF) chicken portions has risen from R63.87 to R77.61 – an increase of 9% – in one year. This
Ticketpro, a leading ticketing company and a member of the Blue Label Telecoms group of companies, has announced that it has added long-distance bus tickets to its portfolio of products and services. “We are very excited to launch and add long-distance bus ticketing to our portfolio – it’s part of our evolution and strategy in
SPAR Zimbabwe is delighted to announce the opening of its 39th store, SPAR Marondera, on 16 January. Customers can look forward to a wide range of products and competitive pricing in a modern and bright setting. SPAR Marondera will focus on the SPAR ‘Fresh is Best’ policy, with the highest quality specifications in all sections,
Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the continent phos, the fintech behind the first-ever software-only Point of Sale (SoftPOS), and Stanchion Payment Solutions, a global specialist in payments systems and integration, today announced that they have partnered to help payments processing companies and banks to accelerate time to market
Developing customer relations through excellent service delivery is a key perquisite in the highly competitive Fast-Moving Consumer Goods (FMCG) industry. Assessing whether sales and marketing activities are hitting the mark forms an integral part of short-and long-term customer retention strategies. Technology provides an important tool in the food and beverage industry’s efforts to manage, mobilise
SPAR Zimbabwe has contracted community development groups to make reusable, washable face masks. Working from home, the women of these community projects produced 1,000 masks, which were then distributed to people in need in Mbare, Chtinugwiza, and Mabvuku. This community outreach not only benefited the health and safety of shoppers and store team members but
The service will give foreign national workers living in South Africa the ability to provide for their families back home with basic staples. Mukuru, one of Africa’s leading remittance providers, has launched Mukuru Groceries – a service that will give South African based customers the ability to send groceries to their families and communities back
The Mozambik Group today launches its “Holidays by Mozambik” travel brand in South Africa and Zimbabwe. The restaurant group, which has seen growth circa 29% over the past 18 months, has embarked on a significant brand expansion charge in a strategic move toward customer lifestyle-centric value. Initially the brand will focus on value-driven escapes to
SPAR Zimbabwe had a busy year in 2019, with the opening of a total of five new stores in the country, incorporating a wider range of ready-to-eat solutions in several of the sites and increasing product range to suit local market needs across their retail estate. The company owned stores expanded by two when an
Positive South African performance delivers overall Group earnings growth, despite challenges in Zambia and Zimbabwe Trading profit in core South African business up 16.4%, with trading profit margin up from 2.5% to 2.8% of turnover Group turnover growth of 6.0% on a comparable basis (6.2% on a constant currency basis) South African turnover growth of
Continuing its 2019 expansion drive, SPAR Zimbabwe has opened a new store in the country’s second-largest city located in the south of the country, Bulawayo – it’s 37th overall. The new store, SPAR JN Bulawayo, is located on one of the city’s busiest roads in the central business district – across from a busy bus
SPAR Zimbabwe is excited to announce the launch of its new SPAR Online Shop – becoming the first major supermarket in the country to offer such a service. Online shopping, particularly for grocery and food items, is a relatively new concept in Zimbabwe, with much of the population having no or limited access to the
Vivo Energy plc is pleased to announce the completion of the transaction with Engen Holdings (Pty) Limited, previously announced on 18 September 2018. The transaction adds operations in eight new countries and 230 Engen-branded service stations to Vivo Energy’s network, taking its total presence to over 2,000 service stations, across 23 African markets. The new
The Shoprite cross-border money remittance product reached the R1 billion mark in January, after just three years of it being implemented between SA and Lesotho. The cost of a transfer of R900 is 2%, which is one of the cheapest cross-border products in the world. A remittance is when a person sends money, usually small
Banking group, Stanbic Bank Zambia, has signed a multi-million dollar loan facility with Vertigo Properties for the completion of a shopping complex — Pinnacle Mall in Lusaka. The 10 000-square metre shopping mall is expected to be opened by end of March this year, which will make it the second completed project by Novare African
Zara’s global women’s men’s and kids’ collections will be available online for the first time to customers in Angola, Cameroon, Congo, Ivory Coast, Senegal, Kenya, Mali, Mozambique, Namibia, Tanzania, Madagascar, Zimbabwe and Ghana, among others. Zara will launch online sales through a dedicated worldwide online platform, thus bringing its fashions to customers in 106 new
SPAR Zimbabwe has opened a new store in Kwekwe, a mining city that has the largest mineral wealth in the country and is considered to be the industrial centre of Zimbabwe. SPAR Kwekwe is located along the main road, which travels through the Central Business District, alongside the main highway connecting Harare in the North
SPAR Zimbabwe recently ran a campaign – the ‘Piggy Bank Challenge’ – aimed at educating children on the importance of saving money whilst at the same time providing financial support for children’s charity, Childline. Running until the end of February, the campaign saw piggy banks (money boxes) on sale in SPAR stores in Zimbabwe. Parents
Receive Regular news of the latest in African Retail straight to your inbox.
