Kenyan retailer to receive $75 million from a foreign investor to service its debt and to settle suppliers – if the deal closes, valuing the overall business at $310 million.
Luxury brands that succeed in Africa need top malls… and most will know they are here for the long haul
Kenya offers a look into the mall strategy for the big name players and reveals that Africa’s young population offers big opportunities for the brands that invest now
Retail conglomerate steinhoff international has entered into talks with south african-based supermarket group shoprite holding in bid to create ‘the retail champion of africa’, says a report by www.cabinet-maker.co.uk The two companies officially stated in december 2016 that negotiations to merge its respective african retail businesses were underway, with the objective to create a ‘formidable […]
Massmart, Shoprite and Woolworths publish their sales figures to Christmas – and they show a buoyant economy
When the headlines talk about food prices rising, which foods are they actually talking about?
Growing food requirements to sustain increased populations means the agriculture industry will need sophisticated equipment to carry out effective agricultural processes
Top British chef begins filming 10-part TV show exploring South Africa’s diverse culinary traditions
A Taste of South Africa will follow Tebbutt as he travels across the country discovering and exploring the diversity and ﬂavour of the local foods
This strategy to seek out Africa’s growing middle class consumers, in places its competitors have yet dared to venture, has helped drive Shoprite’s rapid expansion in the last decade.
“With 31 flavours – a different flavour for each day of the month. South Africans can always look forward to something exciting at our ice cream shops.”
If you want the best in the business you often have to fork out for the privilege, and that’s true when it comes to the top restaurants in the country, according to Nigeria Today, which has been pricing up the cost of eating out in South Africa. But what it revealed is that top cuisine is […]
Mondi Ltd, a world leader in cardboard and paper packaging has revealed is actively seeking to acquire more companies. Mondi employs more than 24,000 people worldwide and has around 3,000 sq km of plantations in South Africa growing wood for its packaging. Now it is on the lookout for manufacturers of the type of flexible […]
World-famous fast food chain wrongly takes brunt of social media abuse as RSA Deputy President Cyril Ramaphosa announces new minimum wage for the country – he used to own McDonald’s
Customers are “extremely satisfied” with the fast food restaurants they visit because they deliver on their customers’ expectations of value and service, according to a new survey by The South African Customer Satisfaction Index (SAcsi). The SAcsi Fast Food Survey for 2016 was topped by Debonairs, where its pizza customers were the most satisfied with […]
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