Africa

Africa News, Retail news

The Giant Shoprite Holdings Ltd opens its first store in Kenya

The Giant Shoprite Holdings Ltd opens its first store in Kenya

  After the collapse of the two local supermarket chains in Kenya, The biggest supermarket chain in Africa  Shoprite Holdings Ltd took the opportunity to find a foothold in Kenya’s retail industry.   The new location is a store that was occupation previously by Nakumatt Holdings Ltd which is having some crisis lately, The store started […]

Construction starts on Cameroon’s first destination retail mall

Construction starts on Cameroon’s first destination retail mall

Construction starts on Cameroon’s first destination retail mall Developed by Actis and local partner Craft Development, Douala Grand Mall will comprise of 18,000 square metres of retail and leisure space LONDON, United Kingdom, February 12, 2018/ — Actis (www.Act.is), a leading growth markets investor has started construction on “Douala Grand Mall & Business Park”, Cameroon’s […]

South Africa sees 57  retail business robberies in a day crime stats show

South Africa sees 57  retail business robberies in a day crime stats show

The 2016/2017 #CrimeStats are a reminder that South Africa’s battle against syndicated and organised criminals is far from won. “With a record high of 20 680 armed robberies against business recorded in the latest crime statistics, South Africa is experiencing 57 attacks per day, a figure that should prompt critical intervention by industry and government,” […]

The Consumer Good Council of South Africa (CGCSA) calls for greater vigilance ahead of festive shopping season

The Consumer Good Council of South Africa (CGCSA) calls for greater vigilance ahead of festive shopping season

The Consumer Good Council of South Africa (CGCSA) calls for greater vigilance ahead of festive shopping season The Crime Risk Initiative (CRI) of the Consumer Goods Council of South Africa (CGCSA) has urged shoppers, shopping mall owners and businesses to remain vigilant ahead of the forthcoming festive shopping season. Abraham Nelson, the Head of the […]

Cooks to establish JV with Anasia Foods for branded coffee outlets in Middle East, North Africa and West Asia

Cooks to establish JV with Anasia Foods for branded coffee outlets in Middle East, North Africa and West Asia

Cooks Global Foods (NZAX.CGF) announces it has agreed to establish a joint venture with its current Saudi Arabian Master Franchisee, Anasia Foods to drive the growth of its branded coffee outlets in the Middle East, North Africa, and West Asia (MENAWA). Cooks has entered a term sheet with Anasia Foods that envisages: Anasia Foods, contributing […]

African small-scale farmers carve a giant message for world leaders in the very soil they farm

African small-scale farmers carve a giant message for world leaders in the very soil they farm

African farmers from a remote village in northern Zambia have teamed up with the UN’s International Fund for Agricultural Development (IFAD) to send a giant message to world leaders gathering in New York this week – invest more in agriculture if you want to end poverty and hunger by 2030. And to get their message […]

Tesco replaces single use carrier bags with new ‘Bag for Life’ that will fund community projects across the UK •5p single use carrier bags will be replaced by a new Bag for Life, priced at 10p, which can be exchanged for free when damaged. • Tesco will continue to fund Bags of Help, its local […]

The Board of Directors has appointed Alexandre Bompard as Chairman and Chief Executive Officer of Carrefour

The Board of Directors has appointed Alexandre Bompard as Chairman and Chief Executive Officer of Carrefour

At the meeting of Carrefour Group’s Board of Directors of today, Georges Plassat confirmed his intention to retire. The Board of Directors co-opted Alexandre Bompard to replace Georges Plassat as a member of the Board of Directors. The Board of Directors appointed Alexandre Bompard as Chairman of the Board of Directors and Chief Executive Officer […]