South Africa news

14 December 2017
M-commerce continues to grow in importance in Africa. We look at the latest developments as Botswana’s Sefalana launches a new app and UberEATS expands in South Africa. Sefalana: entry into m-commerce Sefalana’s new app has an inventory of 32,000 products and delivers within 24 hours after ordering. Delivery is currently available in Gaborone, the capital city, and Francistown, with the ret...
06 December 2017
South African Food Lovers Market has re-opened its flagship store in Cape Town. New concept Nude Foods has also opened in the area. We look at what these stores tell us about how grocery retailing is developing in South Africa. Food Lovers Market: health and food-to-go focus Food Lovers Market’s refitted store aims to offer a more premium and convenient shopping experience. The space has be...
27 November 2017
Massmart has announced several positive developments in its business. We look at these in more detail and how it shows Massmart’s positive view of the future. South Africa: launching Game.com Game has launched an online store in South Africa. It sells grocery and non-grocery. The investment shows a focus on e-commerce as an area of development for the future. WumDrop: investment in deliv...
27 November 2017
We look at two businesses that are showing how mobile phones are improving access to retailers and easing money management for low income communities. Quickspaza: apps serving low income communities Quickspaza has started an online service to serve low income communities. Shoppers order through WhatsApp or SMS. It sells hampers of basic foods, cleaning products and cosmetics. The service is...
16 November 2017
We round up the latest news from SPAR International, bringing together news from leading markets in Africa, Asia and Europe. SPAR South Africa reports annual results SPAR has reported its final year results for operations in South Africa, Ireland and Switzerland. South Africa revenue +4.6%, Tops alcohol driving sales SPAR full year revenue in South Africa increased +4.6% to ZAR56 bn (...
10 November 2017
South African pharmacy retailer Clicks has announced its annual results, reporting a 10.9% rise in turnover to ZAR26.8 bn (US$1.8 bn). Offering value for money Clicks reported volume growth and market share gains in all product categories. This was driven by strong health and beauty sales, growing by 14.7%. The retailer said results were driven by its increased promotional activity and c...
07 November 2017
Botswana-based Choppies announced positive 2017 results with like-for-like sales growth of +7%. We look at how it plans to continue this growth with its 2018 strategy. 2018 strategy Choppies is optimistic that the rapidly growing middle class and urbanisation will mean increased growth across sub-Saharan Africa in the future. It has four main focuses for the year ahead; 1. Store expan...
31 October 2017
South Africa-based Shoprite has released a trading update for the first three months of its financial year saying turnover had risen 6.4%. However, the retailer’s strong performance in its home market offset slower growth across the rest of Africa. Shoprite enjoys strong growth in South Africa Despite the challenging market and economic conditions in South Africa, Shoprite said that its Sup...
30 October 2017
Despite the current challenging environment in South Africa Shoprite announced positive full year results for 2017. We look at how it is planning to build on this success with its future strategy for 2018 in its home market and potentially Kenya. Positive long-term prospects Current trading conditions are characterised by the South African recession and low consumer confidence, putting reta...
25 October 2017
Pick n Pay is continuing to find new ways to engage its shoppers and differentiate itself from competitors. We round up the latest updates from the retailer. Cutting prices Pick n Pay announced in its interim results that it had invested ZAR500m (US$37.3m) to lower prices across 1,300 items. This has mainly been on everyday groceries and fresh. The retailer has built on these price cuts ...