The Retail community of Zimbabwe

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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Pick n Pay increases shareholding in TM Supermarkets

Mon, 12 Dec 2011 10:53:00 +0200

On 8 December 2011, the shareholders of TM Supermarkets voted unanimously to allow Pick n Pay to purchase an additional 24% of shares, bringing its holdings up to 49%. The Competition and Tariff Commission of Zimbabwe agreed, subject to certain conditions pertaining to labour and local procurement of goods.
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Standard Bank wins Bank of the Year in Africa

Thu, 01 Dec 2011 16:01:00 +0200

The Banker, a leading journal of the global banking industry, has named Standard Bank as the 2011 Bank of the Year in Africa and Best Bank in Botswana, Lesotho, Malawi and Zimbabwe.
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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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Zim campaign to counter influx of foreign products

Mon, 25 Jul 2011 12:52:00 +0200

Irked by an influx of foreign products and commodities on the local market, Zimbabwe's business sector and concerned stakeholders have launched a Buy Zimbabwe Campaign to promote local products.
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Zim teen the new face of Louis Vuitton

Thu, 30 Jun 2011 07:35:00 +0200

Zimbabwean-born Nyasha Matonhodze, 16, is turning heads on high streets across the world after being chosen as one of the faces of Louis Vuitton's 2011 Autumn/Winter campaign.
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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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M&R Zimbabwe rides on telecoms work as mining dims

Mon, 23 May 2011 07:30:00 +0200

Investor scepticism over policy fluctuations and an uncertain future being faced by foreign companies in Zimbabwe are some of the major constraints that have led to low activity in the country's construction sector, which employs about 30,000 workers.
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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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