South Africa

Spar South Africa Reports Strong Sales Growth, Despite Swiss Slowdown

Spar Group (South Africa) has reported a 12.6% increase in half-year sales, to R47.4 billion, with its Southern African operation seeing growth of 4.9%....

South Africa Seen Raising Forecast For Biggest Corn Crop Since 1981

South Africa, the continent’s biggest corn grower, will probably increase its forecast for a bumper crop of the staple grain for a third time this ye...

Pick n Pay Profit Rises As Grocer Adds Fresh Produce, New Stores

South Africa's Pick n Pay Stores Ltd. reported a 17 percent increase in full-year profit as the South African supermarket chain extended its fresh-produce...

Spar South Africa Launches New Fitness Programme

Spar South Africa has launched a new fitness programme, My Home Gym, to promote an active lifestyle among its customers and employees. The programm...

Country Bird To Close S. Africa Plant On EU Chicken Imports

Country Bird Holdings Ltd., South Africa’s third-largest chicken producer, will close one of its three abattoirs as the local industry struggles to c...

Wal-Mart's Massmart Shares Climb As Profits Improve On Costs

Wal-Mart Stores Inc.’s experience in controlling costs is helping South African grocery and general goods retailer Massmart Holdings Ltd. improve pro...

Shoprite's Wiese Says He'll Learn From Failed Steinhoff Talks

Shoprite Holdings Ltd. Chairman Christo Wiese said Africa’s biggest grocer had learned from failed merger talks with Steinhoff International Holdings...

Shoprite Seeks Growth Outside Africa As Steinhoff Talks End

Shoprite Holdings Ltd. will focus on expansion outside Africa after talks with Steinhoff International Holdings NV to create the continent’s biggest...