South Africa

South Africa's SPAR Group 'Making Progress' In Search For New CEO

SPAR Group, which operates the SPAR brand in South Africa, Ireland, Switzerland, Poland and other markets, has said that the recruitment process to appoint...

South Africa's Pick n Pay Hit By Energy, Store Revamp Costs

Pick n Pay, South Africa's second-biggest supermarket chain, reported a 16.3% fall in annual earnings on Thursday, hit by costs related to store revamps an...

South Africa's Shoprite Rebrands Wholesale Supply Business

Shoprite has announced a rebrand of its Checkers Food Services (CFS) business, which provides wholesale services in Gauteng and the Western Cape.

Notes From Africa: Sasini, Aruwa, Synercore, Daifressh

Here’s the latest in ESM’s regular series, Notes From Africa, which brings you the latest retail, consumer goods, and food-and-bevera...

South Africa's Shoprite Expects Diesel Costs To Remain High

South African supermarket group Shoprite expects diesel costs to operate generators to remain elevated given rolling power cuts, pressuring its margins, bu...

South Africa's Tiger Brands Grows Sales After Price Hikes

South Africa's biggest food producer Tiger Brands said its four-month revenue to end January rose 17% year-on-year as it raised prices to manage soaring in...

Pick n Pay Sales Grow But Warns On Extra Costs From Power Cuts

Supermarket group Pick n Pay said its four-month sales grew by 6.4%, but its like-for-like sales growth in South Africa was softer, impacted by store revam...