Invictus Investment Acquires Mozambique’s Largest Flour Miller Merec Industries

Invictus Investment Company Plc (ADX: INVICTUS), a leading agro-food enterprise in the Middle East and Africa, today announced it has completed the acquisition of Merec Industries, Mozambique’s largest flour milling company. The deal was made through the purchase of Merec Industries’ holding entity, Stratton Africa Holdings Limited, Mauritius, from current shareholders Amethis Fund II and

Highlighting SPAR Brand Growth Across Africa

The SPAR brand is present across more than 48 countries with over 14,000 stores operating worldwide. On the African continent, new store openings in various formats across Cameroon, Zimbabwe, and South Africa reflect how local retailers continue to meet the needs of their customers. SPAR South AfricaIn mid-December, the SUPERSPAR Supermarket Mondlo celebrated its grand

Touchsides Rebranded as Kazang Insights Following Lesaka Acquisition

Kazang Insights provides analytical and predictive solutions that empower FMCG firms, wholesalers and other companies to thrive in South Africa’s informal market. Leading data analytics, insights and merchant services company, Touchsides, is rebranding as Kazang Insights and integrating into Kazang—the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies. Integration of

UK’s Pret A Manger to make South Africa debut in February 2025

UK coffee and food-to-go chain Pret A Manger will make its South Africa debut on 14 February 2025 with an outlet in Johannesburg’s up-market Melrose Arch neighbourhood. Pret, which signed a licensing agreement with private equity firm Millat Group in February 2024, said the upcoming launch marks a significant milestone in its international expansion and

Infobip | Shifting Expectations – Steering through the Logistics of Change in South Africa

By Pia Knežević, Squad Lead for Mid-Market at Infobip Rapidly evolving customer expectations are putting the logistics and transport sector under pressure to enhance customer engagement by focusing on providing real-time updates and rapid responses across multiple channels. What we have noticed is that consumers have more choices than ever before in selecting the transport

Engen Petroleum Achieves Industry-First RTMS Certification for National Heavy Vehicle Fleet

Engen Petroleum has set a new benchmark in road transport safety, becoming the first and only oil company in South Africa to achieve Road Transport Management System (RTMS) certification for its entire national fleet of heavy vehicles. Awarded by JC Auditors (JCA), this prestigious certification underscores Engen’s unwavering commitment to good governance, safety, and compliance

Doomaket: A Game-Changing Marketplace Connecting African Merchants to Global Markets

Logidoo announced the launch of Doomaket, an innovative marketplace platform poised to transform African e-commerce by addressing critical challenges in global trade. This solution is a powerful tool to empower African merchants, enabling them to expand their businesses worldwide and overcome traditional barriers to international commerce. Doomaket stands out from similar platforms through a comprehensive

Varun Beverages Invests Rs 412 Cr in South African Subsidiary

Varun Beverages Ltd (VBL) has announced an investment of Rs 412.80 crore in its South African subsidiary, The Beverage Company Proprietary Limited (Bevco). The development aligns with VBL’s strategy to strengthen its presence in international markets while bolstering its operations in India and retail globally. Bevco is engaged in manufacturing and distributing PepsiCo’s licensed products

Coca-Cola Beverages Africa Recognised as a Top Employer in Africa

Coca-Cola Beverages Africa (CCBA) (www.CCBAGroup.com) has been certified as a Top Employer in Africa for 2025, based on the results of the Top Employers Institute’s HR Best Practices Survey.   CCBA was certified as a Top Employer in Africa, and its operations in Ethiopia, South Africa, Tanzania and Uganda achieved this accolade at country level.   “We

Neosun Energy Expands to Kenya Bringing Affordable Solar Power to Local Enterprises

Neosun Energy, a global leader in solar energy solutions, has officially entered the Kenyan market. This expansion aims to provide cost-effective and sustainable energy solutions for commercial and industrial (C&I) projects, with system capacities ranging from 200kW to 10MW, tailored to help local businesses with affordable solar solutions. The company brings its expertise in constructing

Engen Pumps More Convenience with pudo Partnership

Engen is excited to announce a partnership with pudo, South Africa’s innovative smart locker and courier solution provider; a collaboration that aligns with Engen’s commitment to delivering smarter solutions, differentiated products, and unparalleled convenience for its valued customers. Pudo, short for pick up drop off, is transforming the courier industry with its growing network of smart

FHH Appoints Hesham Abouzeina as General Manager for Egypt

Fine Hygienic Holding (FHH), one of the world’s leading wellness groups and manufacturers of hygienic paper products, has announced the appointment of Hesham Abouzeina as its new General Manager for Egypt. With over 30 years of experience in the FMCG, electronics, and beverages sectors, Abouzeina brings a wealth of expertise and leadership to the role.

Oracle Supercharges Retail Operations with New POS

Enabling retailers to energize their operations and in-store engagement, Oracle today unveiled the latest version of Xstore Point of Service. The cloud application has been redesigned on a new architecture and features an intuitive user interface and workflows that fuel efficiency and support connected retail journeys for retailers of all sizes. With it, associates can

Coca-Cola Beverages Africa Invests $50 Million in Namibia, Boosting Production Capacity by 30%

Coca-Cola

Coca-Cola Beverages Africa (CCBA) has invested $50 million in a new bottling line in Namibia, which can produce 27,000 bottles per hour. This upgrade will increase the plant’s output capacity by 30% and stimulate growth throughout the company’s value chain. The investment also includes the installation of a water treatment plant with state-of-the-art water recovery

Pick n Pay Delivers Early Momentum on Its Turnaround Plan

Pick n Pay

Pick n Pay’s turnaround strategy is gaining momentum, showing strong progress across key initiatives, including solid performance from Boxer and improved results in Pick n Pay supermarkets. The Group’s interim results, published today, highlight significant sales growth in Pick n Pay Clothing and Pick n Pay Online. As anticipated, the first six months of FY25

Float: Credit Card Holders in South Africa Reveal Shopping Trends

Float

Float, Africa’s first card-linked instalment platform has unveiled the latest shopping trends among credit card holders using its payment method. With an impressive average order value of close to R10,000, order values through the platform significantly exceeds those of the regular buy now pay later model, which typically ranges between R1,000 and R1,400. The latest

Pick n Pay Leads the Fight Against Hunger in South Africa

Pick n Pay

World Food Day on 16 October marks the 79th anniversary of the founding of the United Nations Food and Agriculture Organization, and this year’s theme – Right to foods for a better life and a better future – will be the focus of events in more than 150 countries. In South Africa, the theme is

South African Travel Fintech TurnStay Secures Funding for Regional Expansion From DCG, DFS Lab

The South African fintech startup Turnstay recently secured $300,000 (over ZAR 5.4 million) in investment from two US-based venture capital firms: DFS Lab and Digital Currency Group (DCG). The company plans to use this funding to expand its operations across Africa and strengthen its position in the local market. According to a report, Turnstay, co-founded

Vivo Energy Ghana Welcomes Jean-Michel Arlandis as Its New Managing Director

Vivo Energy Ghana, the marketer and distributor of Shell branded fuels and lubricants is excited to announce the appointment of Jean-Michel Arlandis as its new Managing Director following the end-of term for Kader Maiga. According to the Executive Vice President, West Region, Franck Konan-Yahaut, this change underscores Vivo Energy’s commitment to strengthen its international operations

Growing E-commerce Market: Good for Consumers; But Will Proudly South African Brands Rise? – BCG

By Thomas Kingombe, Managing Director and Partner and Vishakha Chopra, Project Leader, BCG Johannesburg As global e-commerce giants like Amazon, Shein and Temu set their sights on South Africa’s growing e-commerce space, local retailers may find themselves feeling the pinch. Will South African stalwarts rise to the challenge, or crumble faced with international competition? Although

Coca-Cola Beverages South Africa Appoints Rakesh Rajbally as Managing Director

Coca-Cola Beverages South Africa (CCBSA) has appointed Rakesh Rajbally as the new Managing Director (MD) and announced further strategic appointments within its Commercial and Manufacturing function aimed at strengthening leadership and driving growth. Rajbally officially took up the position on 1 February, replacing Velaphi Ratshefola who formally retired at the end of January after seven

Omnisient Recognised for Impact on Growing Financial Inclusion in Africa

Omnisient, the global leader in privacy-preserving data collaboration, was recognised at the Africa Bank Summit held in Nairobi this week for the impact it is having on growing financial inclusion in Africa. This accolade highlights a groundbreaking initiative that has enabled banks to assess credit risk and qualify millions of previously underserved individuals by analysing

Pick N Pay Looks Ahead to Restore Profitability in Its Supermarket Business

Following a disappointing full year performance for FY24, Pick n Pay CEO Sean Summers unveiled the new board-approved six-point strategy to restore the Group’s core Pick n Pay supermarket business to profitability. The Group delivered a weak FY24 result to 25 February 2024, driven by a substantial trading loss in the Pick n Pay business,

bpSA Celebrates 100 Years in South Africa

bp Southern Africa (bpSA) notches up one hundred years of fueling South Africa this month, on 9 May 2024 to be precise, and will use the milestone to refresh and re-energise for the next century and beyond. A programme of centenary events is planned over the coming months to thank employees, partners, dealers and stakeholders

Digital Transformation Drives Resilience in Africa’s Manufacturing Sector – SYSPRO

By Mark Wilson, CEO, SYSPRO EMEA & APAC There’s no avoiding the reality that we’re in a tough economic cycle laden with global and local uncertainty. Since 2020, the manufacturing sector has undergone a period of unprecedented change. Multiple overlapping – and largely unpredicted – macro-level shocks have combined to create a radically changed world.

Fair Cape Dairies – The 5 Time SA Dairy Champs

Fair Cape Dairies, a leader in sustainable and ethical dairy farming, has once again emerged victorious at the prestigious South African Dairy Championships, solidifying their position as a Champion of quality dairy products across South Africa. The 2024 competition saw Fair Cape Dairies securing the most wins across various categories, a testament to their unwavering

Engen Partners With Grain SA at Nampo to Keep Driving Agriculture Forward

Engen, a leading energy and solutions partner dedicated to enriching lives for a sustainable future, will again proudly partner with Grain SA as a sponsor of the Nampo Harvest Day 2024. Scheduled to run from 14-17 May 2024 in Bothaville in the Free State, Nampo Harvest Day showcases agricultural innovation, aligning perfectly with Engen’s mission

Smartfill Spearheads Packageless Retail With Major Accelerator Backing

Smartfill, a greentech startup that eliminates the need for single-use plastic through a smart, efficient and sustainable dispenser solution, has been accepted into two prestigious programmes: Level 4 of the Microsoft Startup Founders Hub and the Climate Finance Accelerator (CFA). Smartfill further holds a grant from the AgriTech Innovation Centre at the UK Research and

PEPKOR Disrupts Sa’s Loyalty Landscape With +More Digital Rewards Programme

98.7% of South Africans accessed the internet using a mobile phone, according to Statista’s 2024 data. Recognising this trend, PEPKOR, which has the largest retail store footprint in southern Africa, has launched +more, a new digital loyalty programme spanning over 5 000 stores. By introducing this digital platform, the company aims to make customers’ lives

Tetra Pak South Africa Joins the Proudly South African Family

Tetra Pak South Africa announced that it has officially become a member company of Proudly South African organization at an event that took place at Monte Casino on 30 January. In attendance was 1st Secretary of Trade and Economic Affairs, Swedish Embassy Mr. Martin Jornrud, representatives from various South African Government departments Department of Trade

Frontline Retail Workers Can Make or Break the Customer Experience, and in Turn the Business – BDO South Africa

As businesses across the globe work towards making culture and employee wellbeing an integral part of their organisations, the retail industry should consider this when it comes to their retail employees says Serena Ho, head of consumer market at BDO South Africa Inc. Here they discuss the important role of retail employees in powering the

Pick N Pay Reports Disappointing Result for the Six Months but Delivers Good Growth in Key Areas

The Group experienced a particularly challenging period, delivering a disappointing result at a time of high load shedding costs and increased competitive intensity. The Group spent just under R400-million on diesel which added to expense growth, and limited its ability to respond to strong competitor promotional activity. Group turnover growth was 5.4% (like-for-like 2.3%), with

Tetra Pak Partners With Clover to Launch New Packaging to Boost Product Differentiation

For the first time in South Africa Clover Tetra Pak’s long-standing customer will produce their premium custard “Clover Bliss Double Cream” using the new Tetra Pak® Tetra Brik® Aseptic 1000 Square Metallic packaging material which will help products stand out on the shelf. Clover is one of the largest branded consumer goods companies in South

Sean Summers to Return as Pick N Pay CEO

Pick n Pay announced today that Pieter Boone is stepping down as Group CEO and will be replaced by Sean Summers. Sean returns to the Group following a previous, highly successful, tenure as CEO between 1999 and 2006. Pieter will assist Sean through a short handover period. Chairman Gareth Ackerman commented: “I want to thank

Pick N Pay Pilots First Zero-Waste Supermarket Store

Pick n Pay has launched its first zero-waste supermarket pilot in Cape Town, reinforcing its commitment to reducing food waste. The pilot tests a net-zero waste model by diverting food waste to local farmers, composters or waste-to-energy facilities. All edible surplus food – food that has passed its sell-by date but not its use-by date

How Can Embedded Payments Drive Better Online Retail Customer Experiences? – Paystack

By Joel Bronkowski, Country Lead, South Africa at Paystack With South Africa’s online retail space now worth more than R50 billion and growing continuously, the sector is only going to become more competitive. That’s true for online retailers of all sizes too. At the top of the market, online-only players that have long been dominant

Unified Payments Taps Compass Plus Technologies for its New Payment Gateway Platform to Future-proof its E-commerce Acquiring Business

Unified Payments (UP), Nigeria’s premier financial technology service provider, has successfully launched its e-commerce gateway services built on the new state of the art payment gateway platform from Compass Plus Technologies. The strategic move further strengthens the 18-year partnership between the two technology titans and has enabled UP to become the first institution in the

Leadership Moves at the Argility Technology Group

The Argility Technology Group (ATG) – this year celebrating forty-five years of operations and latterly owned by Smollan, has a new CEO. Tanya Long takes over the role from Marko Salic who now moves to the position of Chief Data Officer (CDO) for the Smollan Data & Technology cluster and Chief Technology Officer (CTO) for

Amplifin Launches Heavyweight Solution for Small to Medium Business

In the dynamic business landscape, growing enterprises encounter an escalating array of challenges that demand innovative solutions. Amplifin recognises that as businesses expand, their concerns multiply – from financial intricacies to operational complexities. The organisation understands that these enterprises require access to cutting-edge technologies, akin to those embraced by larger corporations, but without the financial

Harnessing the Power of 360-Degree Retail Technology – redPanda Software

By Peter Ludi, MD Solutions at redPanda Software In the wake of the rapidly evolving digital landscape, retailers are continuously confronted with a myriad of software solutions. Implementing these systems often requires a considerable investment of resources, frequently resulting in a patchwork of fragmented systems and siloed operations. One can only browse through recent media

Fairview Introduces A Plant-Based Dairy Range That Is Rooted In Nature

Famous for its artisan cheeses, its wine, and well, its adorable goats and their residential Goat Tower, Fairview has now launched a plant-based range of cheeses and ice cream too. Fairview has built its reputation as a business that is rooted in family and heritage, and the new plant-based range tells a story of how

Easily Pay for Groceries at all Pick n Pay Tills Using Bitcoin

South Africans who have a Luno wallet will be able to pay at Pick n Pay with crypto in one easy step by simply scanning a QR code. Crypto payments have been available at over 1 500 Pick n Pay stores since February 2023. But the payment process required customers to download two apps to

Scan to Pay Vouchers: a New Way to Reward Loyalty – Ukheshe

With the holiday season fast approaching, many businesses are working on gift lists and incentives to thank employees and reward loyal clients. And while the reliable (if somewhat boring) box of chocolates is still appreciated by some, what better way to thank someone than to let them choose their own perfect gift? That’s just one

AI Transforms CX and Service Delivery

Helping companies deliver excellent customer service has been at the heart of 1Stream since the business was launched 15 years ago. While much has changed over the last decade and a half, the essence of what makes 1Stream Southern Africa’s leading CRM and cloud-based contact centre provider remains the same: a commitment to delivering leading-edge,

Vivo Energy Uganda Expands Shell Network with 10 New Fuel Stations

Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, is thrilled to announce the addition of ten new Shell fuel stations to its network. The newly opened fuel stations are Shell Ndagire Road, Shell Nabweru, Shell Rushere, Shell Mayuge, Shell Zana Shell Nakiyanja, Shell Kira Mulawa, Shell Mityana Highway,

SPAR Zimbabwe Rainbow Run 2023 Raises $20,000 for Childline and ZNSPCA

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

Spur Corporation Earnings Up 76% as Business Strategy Gains Momentum

Spur Corporation overcame mounting pressure on consumer spending to deliver a resilient trading performance in the year to June 2023 as franchised restaurant turnover grew 23.0% to R9.5 billion and revenue increased by 27.4% to pass the R3.0 billion mark. Headline earnings increased by 75.9% to R213 million. The group increased sales in retail company

Vivo Energy Mauritius Announces New Managing Director

The Board of Directors of Vivo Energy Mauritius Limited (“the Company”) hereby announces, pending the fulfillment of requisite formalities, the appointment of Mr. Fouad Khfifi as the Managing Director of Vivo Energy Mauritius Ltd, effective from the 1st of September 2023. Mr. Khfifi will assume this pivotal role, succeeding the incumbent Managing Director, Mr. Matthias

New CEO Appointed to Cape Union Mart Group

The Board of Directors of the Cape Union Mart Group this week announced the appointment of a new Chief Executive Officer, Mike Elliott. Elliot brings almost 30 years of retail experience, having held various senior leadership roles in retailers like Edgars, Sunglass Hut, Luxottica and Naartjie. “As we celebrate our 90th birthday with Mike at