retail market

4 Articles
BUSINESS

Foreign Investors Move Closer To Taking Over Naivas Supermarket

Retail chain Naivas Supermarket has sold more stake to strategic investors as its expansion drive gathers steam.  Proparco, the French sovereign wealth fund,...

mulleys supermarket troubles
BUSINESS

Retail Curse? Another Supermarket On The Brink Of Collapse

A leading regional supermarket in tottering on the brink of collapse after falling into a financial hole, leaving hundreds of employees without jobs....

Shoppers at a Naivas Supermarket branch
FEATURED ARTICLE

Naivas Goes For the Kill in Battle for Retail Billions

Naivas Supermarket, the fast-growing Kenyan retail chain, has signed a deal to sell a 30% stake to Paris-based private equity fund, Amethis Finance,...

FEATURED ARTICLE

SA retail giant, Shoprite finalises expansion to Kenya

South African Shoprite Holdings will move into Kenya, where weakened competitor positions have opened an opportunity for Africa’s biggest grocer to expand its...