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Could Africa become like China?
Could Africa become like China?

Africa's changing demographic over the next three-and-a-half decades could transform the continent into the next China, but only if its youthful population is educated and entrepreneurial.

By Jana Marais 19 Aug 2014 11:50

TM Supermarkets to open more stores
TM Supermarkets to open more stores

Pick n Pay's 41%-owned Zimbabwean retailer, TM Supermarkets, will open more stores in the next financial year (2015), Meikles Limited group chairman John Moxon...

7 Jul 2014 11:11

OK Zimbabwe to refurbish stores
OK Zimbabwe to refurbish stores

Zimbabwe Stock Exchange-listed retailer OK Zimbabwe is set to invest $16m in its operations and refurbish several existing stores nationwide due to increased competition.

12 Jun 2014 15:35

Laine Barnard
The story of the African consumer

Trying to define the average African consumer is near impossible. Tastes and shopping habits are unique to each country, with differences found between regions and even cities within a country.

By Laine Barnard 3 Jun 2014 08:59

Famous Brands revenue up 12%, expands further in Africa
Famous Brands revenue up 12%, expands further in Africa

Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana.

By Zeenat Moorad 20 May 2014 06:29

Danette Breitenbach
Bottom line: It's about Africa

Africa is the story, actually the big story is Africa*. This was the message from Malcolm Horne, of Broll at the fourth South African Council of Shopping Centres (SACSC) annual research conference.

By Danette Breitenbach 11 Apr 2014 09:35

Edcon to begin retrenching at Edgars from May
Edcon to begin retrenching at Edgars from May

Edcon will start retrench staff at its core Edgars chain in May‚ in a bid to reduce operating costs.

By Zeenat Moorad 19 Feb 2014 09:23

How to find best daily deals on online shopping that meet your budget
How to find best daily deals on online shopping that meet your budget

Shoppers are always on the lookout for ways to save on their purchases. One method that they find effective is the use of daily deal coupon codes and promo codes.

By Matthew Samuel 2 Jan 2014 11:55

Shoprite turnover up 10.2% for September quarter
Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013 09:59

Meikles to sell stake in company to employee share trust
Meikles to sell stake in company to employee share trust

Shareholders of Meikles Africa‚ Pick n Pay's Zimbabwean partner in retailer TM Supermarkets‚ are expected to vote for the final disposal of 10% of the group's shares to an employee share ownership trust to comply with the country's indigenisation policy.

By Tawanda Karombo 23 Oct 2013 07:33

Retailers hit sweet spot in Africa
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 07:54

Edcon's first quarter retail sales up 3.2%
Edcon's first quarter retail sales up 3.2%

Retailer Edcon said on Thursday (22 August) that retail sales increased 3.2% to R6.205bn in the first quarter of the current financial year.

23 Aug 2013 10:07

Massmart profits fall with consumers under pressure
Massmart profits fall with consumers under pressure

Walmart-owned Massmart on Thursday (22 August) reported a 9.9% fall in first-half profits‚ as consumers in Africa's largest economy came under pressure.

By Zeenat Moorad 22 Aug 2013 10:25

Shoprite earnings rise 11% in 'challenging' year
Shoprite earnings rise 11% in 'challenging' year

In what it described as a challenging year‚ Shoprite Holdings‚ reported an 11.3% increase in headline earnings per share for the year to June‚ to of 675c.

By Zeenat Moorad 21 Aug 2013 09:00

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