Reuters | Walmart Inc., has launched a 6.4 billion rand (US$377.6 million) offer for the remaining 47 percent of South African retailer Massmart it does not...
South Africa, Nigeria, Rwanda, Kenya are among the pioneering countries in which businesses have successfully tapped into the retail industry. While many investors are taking the...
(Reuters) – Kenyan retailer Naivas said on Tuesday that South Africa’s Massmart is seeking to buy a majority stake in the family-owned owned supermarket chain. Massmart,...
(Reuters) – Nakumatt, Kenya’s largest retailer, plans to expand across Africa by focusing on opening stores in more eastern Africa countries over the next two years,...
A South African court approved on Friday Walmart‘s US$2.2 billion takeover of local chain Massmart, giving the world’s biggest retailer its first foothold in Africa. The...
Africa is starting to appear on the radar screens of western retailers as they look for the next growth opportunity in emerging markets while having to...
South African retailer Woolworths will open 16 new stores in other Africa countries this financial year, it said on Friday, as part of the group’s plan...
