South Africa news

15 November 2019
South Africa-based SPAR Group, which operates across four countries, its home market, Ireland, Switzerland and Poland, reported its turnover rose 8.4% to ZAR109.5 bn (US$7.3 bn) in its financial year ending 30 September. It said its operating profit increased by 7.2% to ZAR3.0 bn (US$200.8m), helped by ‘ focused margin management and tight cost and efficiency control ’. Good growth in South Af...
06 November 2019
As Game launches its brand refresh, Checkers gives more details of its new loyalty programme and Naivas invests in its operations in Kenya, we round up news from the region. Game undertakes brand refresh… Massmart-owned Game has refreshed its brand, launching a new positioning, under the tag line ‘You’ve got Game’. The retailer said the refresh was aimed at helping it to reconnect with its ...
06 November 2019
As part of an operational update ahead of its AGM, Shoprite said Group turnover rose 7.3% in the three months to the end of September 2019. The performance was driven by its operations in South Africa, while outside its home market the retailer said it had ‘ seen no change to the difficult operating environment articulated in [its] recent results. ’ Supermarkets RSA saw sales rise by 10.3% ...
23 October 2019
South Africa-based Pick n Pay has said its turnover rose 6.0%, to ZAR43.1 bn (US$2.9 bn) in the first half of its 2020 financial year. The retailer reported that its trading profit increased ahead of its turnover, at 12.5%, to ZAR1.2 bn (US$80.9 m). Stores in South Africa driving growth Pick n Pay said its turnover in South Africa rose by 6.5%, with like-for-like sales rising by 3.5% in val...
16 October 2019
As Checkers relaunches its loyalty card, third party logistics firm Glovo continues to expand its presence in Kenya and CFAO adds new stores in Cameroon, we round up news from the region. Shoprite’s Checkers relaunches loyalty programme Checkers has relaunched its Xtra Savings loyalty programme, following a short-lived trial of the solution in 2016. The programme enables shoppers to save up...
15 August 2019
After a challenging period that has been shrouded in speculation, Botswana-based Choppies has announced contrasting developments for its operations in Kenya and South Africa. Choppies enjoys positive outcome in Kenya… According to reports, Choppies has signed an agreement with the Association of Kenya Suppliers (AKS) that will see it clear outstanding supplier payments worth an estimated KE...
07 August 2019
As Shoprite and Massmart-owned Game discuss new store openings in Kenya, Jumia and Vivo Energy announce a tie up between the two companies and South Africa-based Woolworths releases a trading statement, we round up news from the region. Shoprite to open first store outside Nairobi… As it continues its expansion in the country, Shoprite will open its first store, and its third overall, outsi...
31 July 2019
South Africa-based, Walmart-owned Massmart has said sales rose 5.5% to ZAR43.8bn (US$3.1bn). The performance was driven by comparable sales growth of 3.6% and product inflation of 2.7%. The retailer’s local operations underperformed relative to those outside South Africa, with total sales rising by 4.9% and 11.8%, in Rand terms, respectively. Operating environment has led to ‘disappointing per...
31 July 2019
South Africa-based Shoprite said Group turnover rose 3.2% to approximately ZAR150.6bn (US$10.6bn), with like-for-like sales up by only 0.1%. The retailer reported its performance improved in the second half of the year and, overall, was driven by its supermarkets in its home market. Sales growth improved as financial year progressed Shoprite described 2018 as a ‘ transformational year ’, wh...
08 July 2019
South Africa-based Pick n Pay is trialling dedicated plastic and packaging-free zones across 13 stores. The new ‘nude’ wall offering allows shoppers to purchase a wide range of fruit and vegetables loose, rather than pre-packaged. An extensive range of loose fruit and vegetables… Pick n Pay hopes the new ‘nude’ zones will increase the sale of loose products, which currently account for 10% ...