Food service, Retail, E-commerce
-
Competition Commission gives nod for Massmart’s sale of businesses to Shoprite
SOUTH AFRICA – South Africa Competition Commission has recommended the Competition Tribunal to approve the sale of Massmart’s Cambridge Food, Rhino and Massfresh to Shoprite…
-
Pick n Pay partners with Takealot to boost online grocery sales via Mr D app
SOUTH AFRICA – Retail chain Pick n Pay and online store Takealot have signed a commercial services agreement which will enable customers across South Africa…
-
Shoprite Checkers establishes US$599m evergreen B-BBEE employee trust
SOUTH AFRICA – JSE-listed retailer Shoprite Holdings, through its subsidiary Shoprite Checkers Propriety Limited, has formed an Employee Trust with 40 million Shoprite Checkers’ shares…
-
B2B food distributor in Southern Africa Nile raises US$5.1m equity round led by Naspers Foundry
SOUTH AFRICA – Nile, an agritech company that connects farmers to buyers of fresh produce in Southern Africa, has raised R83 million (US$5.1m) equity round…
-
KFC Africa targets youth through new partnership with National Basketball Association
AFRICA – KFC Africa, regional operating unit of US-based fast-food chain KFC, has collaborated with the National Basketball Association (NBA), to undertake a marketing campaign…