insert_link Business / Economics U.S. retail giant Walmart to launch in South Africa A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. (Photo: REUTERS/Mike Blake) US retail giant Walmart will open its first branded stores in South Africa, expanding its footprint on the continent. The announcement comes after Walmart’s recent Growth Summit, which recruited Africa-based suppliers and strengthened local sourcing. Massmart CEO Miles van Rensburg said the move will combine Walmart’s promise of everyday low prices with support for South […] today10 September, 2025
insert_link Africa Pick n Pay to Exit Nigerian Market South African grocery retailer Pick n Pay has announced its decision to exit Nigeria by selling its 51% stake in a joint venture, as part of its restructuring efforts outside its home market, according to CEO Sean Summers says Reuters. The retailer, which operates two stores in Nigeria, entered the market less than five years ago through a partnership with A.G. Leventis (Nigeria). today29 October, 2024
