Tag Archives: supermarket
supermarket: Latest News
Peter Pedroncelli, 6:12 am
Shoppers in Cape Town will, for a limited time, be able to use bitcoin as a payment method for groceries and services at a Pick n Pay supermarket store in the South African city. In what is potentially a world-first for a major supermarket chain, customers at Pick n Pay’s head office campus store in Cape Town will be able to use the bitcoin cryptocurrency for their purchases on a pilot basis.
Kurt Davis Jr., 5:18 pm AFKI Original
While some African supermarket chains are achieving success, Kenyan brands Nakumatt and Uchumi are struggling badly. Smaller countries, such as Mozambique and Namibia, provide bigger opportunities for expansion (and returns) compared to East African nations. One can better manage growth expectations and costs in neighboring southern African countries, including Zambia, than in the rising East African giants.
Dana Sanchez, 4:17 pm
Nigeria is threatening to shut down supermarkets selling genetically modified foods, and it has ordered South African grocery giant Shoprite and others to withdraw all GM food from their shelves until they get permits from the Nigerian government. “We are very serious about this,’’ a government spokesman said. Harmful effects of eating GM foods have been proved mostly without scientific basis. The potential harm from pesticides, however, is a different story. The same companies that make and sell GM plants make and sell chemicals to treat them.
Julia Austin, 1:52 am AFKI Original
Supermarket chains in Africa are vying for customers, with some smaller chains ramping up to expand to new countries, and mega chains like Shoprite—which already has over 1,000 locations—charging ahead with new branches, too. Here are 12 of the biggest supermarket chains in Africa.
Staff, 12:09 am
Shoprite is expanding its African footprint with a new supermarket in Tete, Mozambique, hoping to capitalize on booming investments and economic growth there. Mozambique is in the advanced planning stages of a new coal fired power station in Tete, population 250,000. Shoprite operates in 15 African countries and reported a turnover of $8.776 billion for the year ending in June.
Makula Dunbar, 4:47 pm
Walmart, which owns a 51 percent shareholding stake in Johannesburg’s Massmart is planning to expand across the continent — but on a smaller scale, according to a Wall Street Journal report. Because of accessibility issues with larger areas of land, Massmart Holdings will shift to promoting retail spaces. Adding to almost 400 stores throughout 12 African countries, 89 of the more moderately sized stores will be opened over the next three years.
Steven J. Smith, 11:07 am
Featuring a format where customers can go online and order groceries for timely delivery to their homes, gloo.ng helps Nigerians save on time, stress and money while shopping for food and essentials, according to the company’s CEO.
akillick, 10:54 am
By Amanda Killick Bessie Mogale dreams of turning her spaza shop, or tuckshop, located in a South African township, into a supermarket chain by 2020. Mogale didn’t let poverty or negative circumstances get her down. She runs the shop from her home in one of Rustenburg’s informal townships. She’s not alone. According to a recent […]
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