Securing future supplier success with Tesco’s Africa Community Fund

Securing future supplier success with Tesco’s Africa Community Fund

Supermarket chain Tesco publicized successful completion of the first batch of students participating in the 10-month programme on agriculture sales and marketing conducted by its Africa Community Fund. The project, funded by a partnership of Tesco (through its Africa Community Fund) and the Department for International Development had two of their top fruit suppliers Fruitways […]

Woolworths celebrates 85 years of quality by giving back R1 million to education

Woolworths celebrates 85 years of quality by giving back R1 million to education

Woolworths announced that it is marking its 85th anniversary by partnering with the MySchool MyVillage MyPlanet fundraising programme in order to provide 50 educational bursaries of R20 000 each, totaling R1 million.  These bursaries, sponsored by MySchool, are available to all Woolworths customers as part of a special competition which runs until 31 January 2017.  […]

Danish Supermarkets removing South African Wines following slavery accusation

Danish Supermarkets removing South African Wines following slavery accusation

Danish Supermarkets are removing South African Wines from their shelves following the outburst created by the airing of the film, “Bitter Grapes—Slavery in the Vineyards,” on national television. The film produced by Danish filmmaker Tom Heinemann brought to light the inferior working conditions of farm workers in South Africa’s wine province. These workers are treated […]

South African retail sales slow amid higher inflation

South African retail sales slow amid higher inflation

According to newly released data, South Africa’s retail sales has grown at a slower rate in January. The rising inflation and higher lending rates are seen as the major reasons for the the weakening economy. The sales of household furniture and appliances slowed sharply, growing 2.6 percent year-on-year in January against 6 percent in the previous month. Sales of […]

Per capita spend on grocery expected to rise by $330.3 in Kenya

Per capita spend on grocery expected to rise by $330.3 in Kenya

The per capita spend on grocery in Kenya is expected to rise to $330.3. According to the Kenya Grocery Retail Market Report for 2016 – 2020 period, the country’s per capita spend for the four years up to 2020 would reach $330.3. The report also says that the market is dominated by domestic retailers such as Nakumatt, Tuskys, Naivas, Uchumi and […]

Ugandan government brings in regulation to monitor supermarkets’ operation

Ugandan government brings in regulation to monitor supermarkets’ operation

The Ugandan government is considering to bring in a regulation demanding all supermarkets in the country to submit financial and audit reports every year to the trade ministry. A high level official in Ugandan Ministry of Trade, Industry and Cooperatives indicated that this new regulation is intended to monitor the operations of different supermarkets in the nation. Principal Commercial Officer Fred […]

Kenyan Supermarket Chain Uchumi expands its East African operation

Kenyan Supermarket Chain Uchumi expands its East African operation

Kenyan retail chain Uchumi consider to expands its operations in East African nations like Nigeria, Ethiopia and the Democratic Republic of Congo. Uchumi is the only publically traded retail chain in Kenya. Uchumi’s Chief executive officer Julius Kipng’etich told the Company’s shareholders in Nairobi that Nigerian retail industry is not well developed and that points […]

African exports to China descend by 40 percent

African exports to China descend by 40 percent

  African exports to China fell by 40 percent in 2015, China’s customs office reports. China is Africa’s greatest single trading partner and its interest for African products has fuelled the continent’s recent financial development. The decrease in exports mirrors the recent slowdown in China’s economy. This has, thus, put African economies under weight and […]