The Retail community of Mozambique

Retail rewind - a year in review 2011

Fri, 06 Jan 2012 08:19:00 +0200

The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011.
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Consumer Confidence Survey: Economy again top global concern

Wed, 09 Nov 2011 09:36:00 +0200

NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
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TransUnion expands into Africa

Fri, 28 Oct 2011 11:19:00 +0200

TransUnion, a global credit and information management organisation, has acquired majority shareholding in CRB Holdings Limited, signifying its bold expansion steps into Africa.
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Fresh Living now available in Mauritius

Mon, 10 Oct 2011 11:27:00 +0200

Fresh Living, the food magazine on South African shelves, continues to expand on its African footprint as it goes on sale this month in Mauritius.
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New bank opens in Mozambique

Thu, 01 Sep 2011 13:56:00 +0200

Mozambique's newest privately-owned full service bank, Banco Único, opened its doors to the public this week as a sign to further confide in foreign investors interest of the country and in southern Africa's growth potential.
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African Banker Awards shorlist announced

Fri, 26 Aug 2011 10:58:00 +0200

The African Banker Awards have released the shortlist of nominees for the 2011 competition. The winners will be announced at the awards ceremony on the 23rd September in Washington DC, during the World Bank/IMF meetings.
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Pick n Pay opens store in Maputo

Thu, 23 Jun 2011 11:45:00 +0200

CAPE TOWN: Pick n Pay announced on Thursday, 23 June 2011, the opening of its first Mozambican store in Maputo which will extend its African footprint. The company plans to open a further two stores later this year and is seeking more opportunities across the country.
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Davies maps route for free trade area

Tue, 14 Jun 2011 12:00:00 +0200

CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011.
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[Netprophet 2011] African ecommerce market has a long way to go

Thu, 12 May 2011 18:55:00 +0200

A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth (in SA, ecommerce has a 0.4% share of the retail market, while in countries such as Egypt and Nigeria, the figure stands at 0.01%). No wonder, then, that the ecommerce market in Africa hasn't bloomed.
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Mozambique to hike food, fuel prices

Thu, 31 Mar 2011 09:36:00 +0200

MAPUTO: Mozambique will hike food and fuel prices but will offer other aid to the poor in the hope of staving off north Africa-style protests or a repeat of deadly riots last year, an official said on Wednesday (30 March 2011).
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