As demand for critical minerals accelerates and governments push to capture more value from their resources, African banks and investors are stepping into larger roles financing the projects that will define the continent’s next mining era. The latest example came in July, when Kropz subsidiary Kropz Elandsfontein secured a R200 million loan from Ubuntu-Botho Investments,
Traderoot has formed a strategic partnership with Halo Dot, who provides certified, secure and modular SoftPOS software that enables merchants to accept contactless payments directly on mobile devices. Together, the companies aim to make secure, mobile-first SoftPOS payments more widely available. Android smartphones become secure payment terminals The partnership integrates Halo Dot’s PCI MPoC-certified SDK
Cross Switch, a leading provider of innovative payment solutions, today announced its partnership with NjiaPay, a payment performance partner that unifies payment infrastructure and improves reliability for emerging businesses in Africa. Working together, Cross Switch and NijaPay now give businesses easier access to both local and international payment capabilities while simplifying how they manage payments.
Woolworths Holdings FY25 Results For The 52 Weeks Ended 29 June 2025 HIGHLIGHTS* *To facilitate year-on-year comparison, this media release focuses on the pro forma 52-week financial information for continuing operations. The Group results are for the 52 weeks ended 29 June 2025, and not directly comparable to the 53 weeks ended 30 June 2024.
Reviewed results for the 52 weeks ended 29 June 2025 and cash dividend declaration 2025 Sales surpass R250 billion Key information – continuing operations* * It is important to note the Group’s continuing operations result for the period under review is reported against a prior period which has been restated for the classification of the Group’s
The 500th Usave supermarket in South Africa opened in Hopefield, Western Cape today – marking a major milestone in the Shoprite Group’s continued mission to expand access to affordable goods and services in more communities across the country and beyond. Launched in 2003 under the leadership of now-CEO Pieter Engelbrecht, Usave has become a critical part of the Group’s
From FNB to Absa, TymeBank to Standard Bank, and now Capitec, Pick n Pay continues to unite South Africa’s leading banks under one roof, giving customers unmatched convenience when managing their money while they shop. With the addition of Capitec cash deposits at Pick n Pay tills, now empowers all banked customers to deposit cash,
Woolworths has been named among the top three brands most likely to be recommended by South Africans, according to insights agency KLA. The ranking is a powerful indicator of trust in the Woolies brand, and a reflection of the strength of the company’s reputation among shoppers. The Top 5 Most Recommended Brands in SA for
Vivo Energy Kenya, the company that distributes and markets Shell products and services in the country, has opened its 336th Shell service station. Shell Imara Daima service station is located in Nairobi, along Mombasa Road. This new service station is a significant milestone in Vivo Energy Kenya’s expansion strategy, reinforcing the company’s commitment to bring quality,
Feed the Nation, established by Pick n Pay at the height of the COVID-19 pandemic, is commemorating its five-year anniversary with a call to corporate South Africa to partner in creating a hunger-free future rooted in dignity and shared value. Over the past five years, Feed the Nation has distributed food worth over R215 million, providing
The Shoprite Group is bringing next level convenience to the people of Durbanville and surrounds, with the opening of a Checkers supermarket as well as five standalone stores – Checkers LiquorShop, Checkers Little Me, Checkers Outdoor, Petshop Science and the Northern Suburbs’ first UNIQ clothing by Checkers store – at new shopping destination, Groot Phesantekraal View. All six stores opened on
Pick n Pay and FNB’s Burger Friday has set a new benchmark for customer and loyalty rewards with its discounted Burger Friday deal. The collaboration between two of South Africa’s leading loyalty programmes – Smart Shopper and eBucks – is delivering double the value to customers by combining their benefits. It also forms part of
Woolworths has announced a first-of-its-kind benefits package designed to change the lives of thousands of its employees. In addition to the range of benefits already available to them, as of July this year, over 24 000 Woolworths employees have access to health insurance for the first time. The company is the first in the retail
This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum, including
“This year marks 40 years since the opening of the first Mr Price store, and as we celebrate this milestone, we reflect on a journey driven by a bold vision: to make fashion accessible to all South Africans,” said Mark Blair, the CEO of Mr Price, in the retailer’s annual report released on Friday. Since
Mr Price has expanded its local procurement efforts, spending more than R5bn on products made in SA and increasing domestic sourcing by more than 53% over the past five years. This positions the retailer as a major player in supporting domestic manufacturing and job creation. At a time when global supply chains are volatile and
Vivo Energy Zambia has successfully transformed customer engagement across its network with the comprehensive “Engen’s Got You Covered” campaign that ran from April to June 2025. The campaign introduced the innovative “Talk to Engen”, a powerful new customer feedback online platform designed to revolutionise how Vivo Energy listens to customers and drives better experiences across
Woolworths and Engen are marking a major milestone in their long-standing partnership with the launch of the 100th Woolworths Foodstop, now open at the Engen Sandton Convenience Centre on Katherine Street in Johannesburg. This isn’t just another store opening – it’s a celebration of more than 25 years of collaboration between two homegrown brands that
Vodacom welcomes the announcement by the Competition Commission that it will no longer oppose Vodacom’s proposed acquisition of a 30% interest in Maziv, marking a significant milestone in our ongoing efforts to enhance digital infrastructure and connectivity in South Africa. This development follows additional concessions agreed to by Vodacom and CIVH – the current owner
The world’s largest independent arbiter of branding is back in South Africa! Superbrands South Africa today announced its official relaunch and the upcoming release of its highly anticipated fifth publication. This milestone signifies its renewed dedication to identifying, recognising, and celebrating the nation’s most outstanding brands. Superbrands is globally renowned for its rigorous and independent
bp South Africa – a subsidiary of global energy major bp – is undergoing a strategic transformation to modernize its services, infrastructure and customer experience across the country. In May 2025, the company launched a comprehensive nationwide upgrade of its existing service stations and announced plans to construct 40 new retail sites equipped with expanded
SYSPRO has announced that it has added two new companies as official SYSPRO Independent Software Vendor (ISV) referral partners for the EMEA region, bringing additional functionality to the SYSPRO ERP platform. Geo Rep, a South African-based provider of field sales management software, and Cranswick, which is focused on the intelligent warehouse space, join the SYSPRO
Vodacom Business has deployed a Mobile Private Network (MPN) at Sasol’s synthetic fuel facility in Secunda, Mpumalanga. This collaboration marks a significant milestone in leveraging advanced technology to enhance operational efficiency and connectivity in the industrial sector. “As part of Sasol’s digitalisation journey, there is a focus on utilising technology to improve processes that impact
Massmart owned Jumbo is celebrating four decades of providing affordable access to quality goods and trusted brands to community-based spaza shops, wholesalers, tavern owners and liquor traders. Stats SA’s most recent Quarterly Labour Force Survey (QLFS) reported that the informal sector, of which community- based retail is a major part, accounted for 19,5% of total
Exemplifying its commitment to safety as it helps businesses grow, Unitrans has won the coveted Most Outstanding Contractor Partner Safety Award at the Rio Tinto RockStars of the Year Safety Awards for the second year in a row. Unitrans, which went up against an estimated 18,000 other contractors across 35 countries in six continents to
The Coca-Cola Company has announced the results of a comprehensive, Africa-wide socio-economic impact study during the 2025 U.S.-Africa Business Summit in Luanda, Angola. The study shows that the Coca-Cola system, made up of The Coca-Cola Company and its authorized bottlers, working with a wide network of suppliers, manufacturers, service providers and customers, contributed $10.4 billion
Massmart has announced new operations leaders for its Makro, Game and Cash & Carry trading brands. Unathi Kildase, has been appointed Vice President, Game. Kildase is a seasoned supply chain professional who joined Massmart in 2020 as Transport Executive and was recently named Top Woman Professional of the Year by the Pan African Supply Chain
As Africa’s logistics sector undergoes rapid change, Unitrans is solidifying its position as a trusted and forward-thinking supply chain services partner. With a focus on customer-specific solutions and a firm commitment to supporting the continent’s long-term growth, the company is delivering real impact through smart technology, data-driven strategies and strong partnerships. “The African logistics landscape
The Shoprite Group’s 29 distribution centres across the country – including its newest state-of-the-art 94 000 m2 Riverfields facility – have ramped up operations for this year’s longest promotional campaign, Checkers’ XXL Savings, that offers over R45 million in savings to customers every day for six weeks straight (9 June to 20 July). In 2024, the XXL
Lewis Group reported a 66.9% increase in operating profit to R1.2 billion for the year to March 2025, driven by strong credit sales, expanding margins and robust growth in the debtors’ portfolio, while satisfactory paying customers reached a new record high. The group’s operating margin improved significantly, increasing by 790 basis points from 14.8% to
Jumia, Africa’s leading e-commerce platform, has teamed up with Algerian finance provider Diar Dzair to roll out Buy Now, Pay Later (BNPL) services for customers across Algeria. This strategic collaboration is designed to make online shopping even more accessible, offering shoppers the flexibility to split their payments while encouraging greater use of digital financial services.
TFG announced a record set of annual financial results for the year ending March 2025, fuelled by a robust second-half performance from TFG Africa, continued store expansion across all territories, and the strategic acquisition of White Stuff in the UK. TFG CEO Anthony Thunström highlighted the Group’s improved operating leverage as a key driver of
Nestlé today announced a US$7 million investment to expand its cereal manufacturing facility in Harare, reinforcing Zimbabwe’s role as a strategic hub for breakfast cereal production in the Eastern and Southern Africa Region (ESAR). This upgrade, which includes the installation of a fourth roller dryer for Nestlé CEREVITA, will increase the factory’s production capacity by
Accenture has announced a strategic collaboration with Imperial Logistics to deliver intelligent, customer-centric supply chain transformation across the African continent. As part of the initiative, Accenture will execute Imperial’s current supply chain and control tower contracts, as well as drive new skills and capabilities into these services. This initiative is a first of its kind
Cross Switch, a global payments technology company, has found a strategic collaborator in its mission to bring faster, smarter, and more scalable payments to emerging markets. In partnership with South African fintech leader Paysoft, these two forward-thinking platforms are joining forces to swing the axe against digital transaction logjams that hamper South African businesses. Be
Bord Bia – The Irish Food Board – today announced that Irish food and drink exports to the Middle East and North Africa (MENA) region reached €546.9 million in 2024, highlighting the strategic importance of the region for Ireland’s agri-food sector. The Middle East and Africa continue to represent a key and growing market for
Yanmar Agribusiness Co., Ltd., a subsidiary of Yanmar Holdings Co., Ltd., today announced a strategic partnership with ATC Comafrique, a leading automotive and industrial equipment distributor based in Republic of Côte d’Ivoire, to accelerate the growth of its agricultural machinery business in West Africa. The two companies reached an agreement on May 23 to collaborate
Pick n Pay’s turnaround is taking shape as the retailer reports a year of recovery after solving its debt challenges and driving a like for like sales recovery in its core Pick n Pay supermarkets. “There are no surprises in this result, we are meeting the guidance that we have given every 6 months, making
ADNOC Distribution, in partnership with TotalEnergies Marketing Egypt (TEME), has announced the launch of ADNOC Voyager lubricants across Egypt. This marks the first time ADNOC Voyager products will be available at third-party points of sale in the country. ADNOC Voyager products are currently available at select points of sale in Greater Cairo and the Nile
Pick n Pay has launched a powerful new app that brings together its on-demand delivery service asap!, Smart Shopper loyalty programme, and value-added services into a single, next-generation platform. This is the retailer’s most significant digital milestone since launching asap!. The asap! back-end and front-end technology has been completely re-platformed over the past 18 months, resulting
RFG Holdings reported a strong recovery in sales volumes in its regional business for the six months to March 2025, increasing revenue by 7.6% despite continued pressure on consumer spending in the domestic market. Group revenue increased by 3.5% to R4.0 billion, tempered by the weaker performance of the international business owing to subdued global
Lewis Group has been named Company of the Year in the prestigious News24 Business Awards 2025 which recognise excellence in corporate South Africa. The award recognises the JSE-listed company that has created strong shareholder value over the medium-term, while also excelling in performance, transforming the business landscape in South Africa through strategic leadership and innovation
West Pack, one of South Africa’s most recognisable retail brands, has new owners after entering business rescue proceedings in 2024. The brand’s new owners recently announced their big plans for West Pack, specifically focusing on its franchise model. West Pack entered voluntary business rescue in June 2024 after its board of directors adopted a resolution
Frasers Group plc has announced the successful completion of its acquisition of Holdsport, finalizing a deal initially publicized on November 26, 2024. The transaction was concluded after meeting all necessary regulatory requirements. Holdsport, a prominent South African retailer known for its specialty in sports and outdoor goods, operates through its well-established Sportsmans (NASDAQ:SPWH) Warehouse and
The Democratic Alliance (DA) has written to the Chairperson of the Standing Committee on Finance, Dr Joseph Maswanganyi, to request an urgent hearing on the financial and ethical crisis at Daybreak Foods. This follows shocking reports that two directors of Daybreak Foods received six-figure payments while workers went unpaid, chickens were left to starve, and
While the economic landscape has been anything but stable, with international trade tensions and the national budget fallout spooking the market before rebounding when the VAT increase was later withdrawn, the retail sector is showing remarkable resilience, says Ecentric Payment Systems’ Rory Bosman, adding that many retailers proved at the end of last year that
Following success in Côte d’Ivoire, Jumia Delivery launches in Nigeria with plans to enter more key markets. Jumia, the leading pan-African e-commerce platform, announced the expansion of its logistics service, Jumia Delivery, to Nigeria. Building on its successful operations in Côte d’Ivoire, Jumia Delivery offers individuals and businesses a fast, secure, and cost-effective parcel delivery service across the
Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment
Blind SA, a leading nonprofit organisation dedicated to advocating for accessibility and inclusion, has been working closely with Checkers to optimise the online shopping experience on the Sixty60 app for blind and partially sighted users. Following the launch of the new Checkers Sixty60 app in October 2024, various representatives of Blind SA – including Christo
The summit showcases the latest advancements and cutting-edge solutions shaping the future of payments, with the awards spotlighting companies that successfully integrate these innovations in collaboration with Absa. Presented for the first time this year, the Retail Powerhouse Award honours large retailers leading the way in payment technology across consumer and commercial services. This prestigious
