Food service, Retail, E-commerce
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Massmart eyes majority stake in delivery service provider OneCart to bolster eCommerce capabilities
SOUTH AFRICA – Walmart-owned South African retailer, Massmart has reached agreement to acquire 87.5% of the issued shares in OneCart. This is in line with…
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SA retailer Pick n Pay, Standard Bank unveil cashless, easy paying mode for customers
SOUTH AFRICA – South African retailer Pick n Pay has partnered with Standard Bank to foster easy, faster and convenient mode for customers to pay…
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SA’s hotel, restaurant sector receives hit by COVID-19 pandemic registering 32% decline in revenue
SOUTH AFRICA – The South Africa hotel, restaurant, and institutional (HRI) industry has been severely affected by government restrictions imposed beginning in March 2020 in…
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McDonald’s joins net-zero emissions bandwagon with new target to be carbon neutral by 2050
USA – American fast food company McDonald’s Corp has joined an ever-growing list of food companies with net-zero targets, promising to cut global greenhouse gas…
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Kenyan retailer QuickMart fuels expansion plans, opens 46th outlet
KENYA – QuickMart, Kenyan retailer majority owned by Mauritius-based private equity firm Adenia Partners, has opened a new branch in Kisii town as part of…