Retail
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Uganda securities exchange suspends Uchumi Supermarket’s trading on the bourse
UGANDA – Cash-strapped Kenyan headquartered retailer, Uchumi Supermarket, has been suspended from trading it shares on Uganda Stock Exchange’s main investment market segment and the…
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Shoprite stretches a helping hand to affected communities in South Africa, undertakes donation drive
SOUTH AFRICA – Shoprite group, South Africa’s largest consumer goods retailer has rallied up support to help communities affected by unrest recover from the violent…
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South African retailers turn to online sales, launch of convenience stores to drive sales
SOUTH AFRICA – The COVID-19 pandemic hugely impacted the food supply value chains across the globe, following the restrictions put in place by the various…
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South African retailers soar above riot disruptions, commence rebuilding, restocking
SOUTH AFRICA – South African retailers are working round the clock to replenish shelves with groceries, food and other essential supplies in hundreds of stores…
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South Africa faces negative economic impact as unrest rock country
SOUTH AFRICA – South African retailers have been left counting losses after sporadic incidents of protests in KwaZulu-Natal and Gauteng, have resulted in widespread looting…