According to The African Development Bank’s annual African Economic Outlook, which was published last month, such South African retail chains as Shoprite risk becoming victims of their own success in Southern Africa. This is because governments in the region have begun to perceive them as a threat to local economic development and are moving to
25th February 2019
January has been an eventful month for the Botswanan supermarket chain in one of its most important international markets. Riots sparked by the government’s January 12th announcement that it was more than doubling the retail price of fuel saw nine Choppies outlets in Harare and Bulawayo looted, with four of these extensively damaged by fire.
22nd January 2019
On October 23rd, The Zimbabwean government removed a ban on the importation of basic commodities. The products affected include bottled water‚ cereals and cooking oil. This decision comes in the wake of shortages that had led to panic buying and seen businesses ranging from fast food chain KFC to clothing retailer Edgars temporarily shut their
31st October 2018