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Shoprite Opens its First Distribution Centre in Botswana

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 …

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SPAR Announces Global Sales of €35.8 billion in 2018

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 …

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Rhodes Food Group Completes R30 Million Acquisition of Protein Snack Business

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 …

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ZAMBEEF Rolls Out First Macro in Eastern Province

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 …

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Coca-Cola Beverages Africa Inaugurates Sustainable Solar Power System in Windhoek

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 …

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FreshStop Celebrates its 10th Anniversary and the Team is Confident of Continued Business Growth

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, …

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Apis and Crossfin-led Consortium Announces the Acquisition of Sureswipe

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 …

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Lewis Group Earnings up 24% on Strong Sales Growth

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 …

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Tobacco Industry Players are Participants in Merger with British American Tobacco and Twisp

Two large players in the tobacco industry, Gold Leaf Tobacco and Philip Morris South Africa, have been recognised as participants in the ongoing large merger proceedings involving British American Tobacco and Twisp Gold Leaf Tobacco and Philip Morris South Africa recently applied to the Tribunal for leave to intervene in …

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Stronger Results from Rhodes Food Group as Sales Up 9%

Rhodes Food Group Holdings (RFG) reported an improving performance for the six months to March 2019 as turnover increased by 9.3% to R2.7 billion and operating profit by 6% to R173 million. Headline earnings recovered to increase by 2.1% to R84 million. The Western Cape-based food producer, which owns market-leading …

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