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Shoprite Opens Second Supermarket in Nairobi

Africa’s largest retailer, the Shoprite Group, opened its second supermarket in Kenya on Thursday, 21 March 2019 at the Garden City Mall in Nairobi. With more than 2 700 stores in 15 African countries, the Shoprite Group’s business is built on the promise of lower prices. It is now looking …

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RBR: E-commerce Forecast to Rise to 24% of Card Spending

Source: www.rbrlondon.com Online card expenditure growing at double digit rates and will continue to increase significantly faster than card spending at physical outlets to account for nearly a quarter of all card expenditure by 2023 Cardholders moving away from physical outlets in search of lower prices and convenience Research from RBR …

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Massmart Recognises Nestlé For Industry-leading Commitment To Environmental Sustainability

Massmart is pleased to announce that Nestlé was today awarded top honours at the Massmart Supplier Environmental Awards. Now in their fifth year, the awards recognise top performing suppliers who have demonstrated an industry leading commitment to sustainable supply chain management. Massmart Sustainability Executive Alexander Haw says “Nestlé’s Zero Water …

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RFG Turnover Up 8% with Strong Regional Long Life Sales

RFG increased turnover by 8.0% for the first five months of the 2019 financial year. Turnover in the regional segment, which includes South Africa and the rest of Africa, rose by 8.2% despite the continued challenging trading environment. International turnover increased by 6.7% as export volumes grew by 4.5%. CEO …

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Tesco Trials Removing Plastic from Fruit and Vegetables

Tesco has removed an extensive selection of plastic wrapped fruit and veg products from two of its stores. The retailer’s latest move toward sustainable packaging will trial removing packaged fruit and veg wherever a loose alternative exists. A total of forty five packaged foods will be taken out of stores …

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Clover: Strategic Actions Deliver Volume Growth which Underpins Steady Half Year Performance

Group revenue increased by 4.1% to R4,4 billion (up 7.3% excluding the impact of IFRS 15) Sales volumes grew 5,6% and selling prices increased 3.1% Sugar taxes and sharp increase in fuel impacted profitability Significant investment in marketing and selling campaigns, research and development and expanding the sales force Headline …

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Vivo Energy Completes Engen Transaction Adding 230 Service stations in Eight African Countries

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 …

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Shoprite Group Builds Up Strength in Tough Year

2018 was a transformational year for the Group, whose interim results were affected by a number of factors. While the first half performance is below expectations it is not a reflection of the fundamental strength of the business. The decline in headline earnings per share for the six months ending …

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Verigreen has been Awarded a Multi-million Rand Contract to Supply Products under Shoprite Group’s Ritebrand and Housebrand Labels

Plastic manufacturing and recycling company, Verigreen, has been awarded a multi-million rand contract to supply 25 different products under the Shoprite Group’s Ritebrand and Housebrand labels. Owned by husband and wife team Mike and Thina Maziya and established in 2001, Verigreen has been manufacturing a range of drawstring refuse bags …

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Woolworths, Sustainability Institute and Spier Launch Community Learning Farm

Woolworths has joined hands with its supplier, Spier wine farm; the Sustainability Institute and its AgroEcology Academy to launch the Living Soils Community Learning Farm, in the Lynedoch valley of the Stellenbosch Winelands. The partners have agreed to a three-year pilot project that aims to establish a learning farm that …

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