Retail in Southern Africa

  • Continente hypermarkets expected to open in Angola in 2014

    ANGOLA, 2013/01/28 Continente branded hypermarkets are expected to open in Angola in 2014, said the chief executive of Sonae MC, Luís Moutinho, adding that the project was “by presently underway”. The project “is going ahead at the expected rate; these are lengthy processes,” and includes aspects such as logistics and staff training, Moutinho told Portuguese news agency Lusa.

  • SPAR Contract With Fortune 500 Consumer Goods Company in South Africa

    NETHERLAND, 2012/07/27 SPAR Group, Inc. (NASDAQ: SGRP) (the “Company” or “SPAR Group”), a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced that the company’s South African subsidiary, SGRP Meridian, has signed a $3.5 million annual arrangement with a multi-national consumer goods company. SPAR will provide in-store merchandising, demonstrations and auditing of their products throughout South Africa.

  • Is Botswana really Africa’s most promising retail market? 2012-07-03

    BOTSWANA, 2012/07/03 Botswana is sub-Saharan Africa’s best new market for world retailers. This is if A.T. Kearney’s World Retail Development Index (GRDI) for 2012, a ranking of the top 30 developing nations for world retail expansion, is to be believed.
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