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African News Latest News Retail

Naivas sets record with 110th store in Tatu City

KENYA – Naivas Supermarket has achieved a milestone by inaugurating its 110th store in Tatu City, Kiambu County, solidifying its position as Kenya’s leading retailer. 

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Carrefour Kenya expands reach with new store at Maasai Mall Rongai

KENYA – Carrefour Kenya has expanded its footprint with the launch of its 28th store at Maasai Mall Rongai, reinforcing its presence in the country’s

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Shoprite Group launches GetPaid, enhancing small business payments

SOUTH AFRICA – The Shoprite Group has unveiled GetPaid, a new digital platform designed to streamline invoicing and payments for small businesses.  This self-service platform

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Eskort expands Western Cape presence with new George store

SOUTH AFRICA – Eskort, a household name in South Africa’s pork industry, has launched its first store in the Western Cape, setting up shop in

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Choppies exits Zimbabwe as economic turmoil mounts

ZIMBABWE – Botswana-based supermarket chain Choppies has announced its exit from Zimbabwe, marking a turning point in its operations in Southern Africa.  The company, which

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Naivas records US$14.7M profit amid rising costs, competitive retail market

KENYA – Naivas, Kenya’s largest grocery retailer, reported a KSh 1.9 billion (US$13.4 million) profit after tax for the fiscal year ending June 2024, marking