South Africa

Africa's biggest mass grocery retail (MGR) player Shoprite's full-year prospects look fairly promising after it reported 13.2% and 19.6% increase in its revenues and net profits respectively... 2012-02-27

The CEO of South African retailer Pick n Pay has announced that he is to stand down at the end of the company's current financial year, which runs to the end of February 2012. The move... 2012-02-15

Wal-Mart's acquisition of the South African general merchandise retailer Massmart, which was finally completed in June 2011 for US$2.4bn (a 51% stake buy that allowed Massmart to retain... 2011-11-15

BMI expects bottled water and juices to grow more quickly in volume terms than carbonated/fizzy drinks over our forecast period. We note that the South African carbonates sector is... 2011-11-01

There is plenty of daylight between Nigeria and South Africa and the rest in our newly launched risk/reward food and drink (F&D) ratings for Sub-Saharan Africa, which rates a total... 2011-10-20

Once the dust had started to settle on Wal-Mart's US$2.4bn acquisition of South Africa's Massmart, BMI published an article in June 2011 examining the likely implications for the food... 2011-10-07

South Africa's leading food retailer by market value Shoprite's full-year sales to June 2011 have missed consensus estimates by nearly 3%. While we think that a 7.3% increase on FY10... 2011-07-20

As Wal-Mart prepares to finally close on its US$2.4bn acquisition of South Africa's Massmart, attention is turning to whether the deal will be the catalyst that brings the likes of... 2011-07-18

As Wal-Mart prepares to finally close on its US$2.4bn acquisition of South Africa's Massmart, attention is turning to whether the deal will be the catalyst that brings the likes of... 2011-07-18

Consumer confidence in South Africa has definitely improved over the past year. Retail is coming back nicely and people are generally spending more freely, well reflected by the fact... 2011-06-13