Africa: latest retail news, insights and analysis | ESM Magazine

Coronavirus Upends Global Food Supply Chains In Latest Economic Shock

In the fertile Satara district in western India, farmers are putting their cattle on an unorthodox diet: Some feed iceberg lettuce to buffalo. Others feed...

X5 To Start Directly Sourcing Flowers From Africa

Russian food retailer X5 Retail Group has announced that it will start importing flower supplies directly from Ethiopia through RVI, the company's sub...

Uganda Sprays Locust Swarms To Protect Coffee Crop, Livestock

Uganda has started to spray swarms of desert locusts that invaded over the weekend, posing a major threat to livestock and key crops such as coffee....

Africa Retailer Jumia Suspends E-Commerce In Cameroon

Online retailer Jumia Technologies said on Monday it had suspended its e-commerce platform activities in Cameroon because they were "not suitable...

PZ Cussons Flags Weak Consumer Confidence In Key Markets

PZ Cussons Plc said on Wednesday it expects conditions in its key markets to remain challenging for the rest of the first-half, as the cosmetics and soap m...

South Africa's Shoprite Sees Sales Up Despite Wider Africa Declines

Shoprite Holdings has posted a 3.6% increase in group sales in the 12 months to 30 June, to R150.4 billion (€8.82 billion), however the group's non-So...

HMY Expands Business In Morocco – A Market With New Retail Opportunities

Previously, HMY emphasised the important role of the African market and the growth of many sectors in which the company is involved. Morocco is a growin...

South Africa's Massmart CEO Resigns As Retailer Eyes Africa Expansion

Massmart Chief Executive Guy Hayward will step down before the end of the year, the South African retailer said on Monday, ending five years at the helm of...