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RMB Ventures, Investec Asset Management acquire stakes in Botswana-based retailer

Kamoso, a Botswana-based retailer and consumer goods company, was acquired by a consortium that includes Investec Asset Management Private Equity, RMB Ventures...

24 Oct 2017

Deacons East Africa to negotiate sale of Mr Price to SA retailer

Deacons East Africa Plc has received board approval to enter into negotiations for the sale of the Mr Price franchise in Kenya...

10 Oct 2017

DHL-Mall for Africa partnership gives African products access to global stage

DHL Express and Mall for Africa have extended their partnership to enable African businesses to sell their locally manufactured products to customers in the United States...

6 Oct 2017

Pick n Pay trials bitcoin payments

Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store are able to use the cryptocurrency as a payment method...

19 Sep 2017

Big data divide: what traditional retailers can learn from e-commerce

The harsh reality is that local retailers are still very early on their journeys towards leveraging big data...

By Garth Meier 19 Sep 2017

#SACSCCongress: The artisanal food revolution and the modern retail space

Retail futurist Howard Saunders discusses some of the shifts in consumer mindset and retail brand innovation...

By Lauren Hartzenberg 14 Sep 2017

Dubai-based investment firm acquires Java House, Africa expansion next

The Abraaj Group, a Dubai-based private equity investment firm, has announced the acquisition of Java House restaurant chain from Emerging Capital Partners (ECP) for an undisclosed amount...

By Dannish Odongo 7 Jul 2017

Global travel body urges Kenya to reassure future tourists

NAIROBI, KENYA: The head of the World Travel & Tourism Council (WTTC) has urged the Kenyan government and tour operators to reassure potential visitors about coming to the country given the deadly Nairobi mall attack.

26 Sep 2013

Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013