KENYA – Naivas Supermarkets Limited, Kenya’s largest retailer by total store count, is facing a new tax demand from the…
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IBL Group pursues 11% additional shares in US$41.7m Naivas deal
KENYA – Naivas Supermarket (Naivas), the largest supermarket chain in Kenya, is set to change its management from local owners…
Read MoreAmethis bows out of Naivas International, sells stake to Mauritius investor IBL Group
KENYA – Naivas International, owner of Kenya’s largest retail chain, Naivas Supermarket, has welcomed new shareholders following the exit of…
Read MoreNigerian omni-channel retailer FoodCo strengthens local presence with new outlet
NIGERIA – One of Nigeria’s leading omni channel retailers, FoodCo Limited, has consolidated its position in the local retail scene…
Read MoreQuickmart takes battle to Naivas with Machakos branch as competitor opens 81st outlet in Nairobi
KENYA – QuickMart, Kenyan retailer majority owned by Mauritius-based private equity firm Adenia Partners, has opened its 50th outlet across…
Read MoreTuskys to lose largest asset yet through public auction over US$5.7m debt
KENYA – Ailing retailer Tuskys is facing a new auction at one of its remnant branches inside Nairobi’s Central Business…
Read MoreNaivas continues thriving in Kenya’s retail sector with opening of new outlets
KENYA – Kenya’s largest and fastest growing supermarket chain, Naivas Supermarket is set to open three more outlets before the…
Read MoreShoprite, Naivas supermarkets continue cementing leadership position in home markets
SOUTH AFRICA – Africa’s largest retailer, Shoprite, has created over 200 jobs in its home market – South Africa with…
Read MoreNaivas takes over spaces left by financially struggling Uchumi, collapsed Nakumatt supermarkets
KENYA – Kenya’s largest and fastest growing supermarket chain, Naivas is seeking to be the new tenant of Uchumi’s only…
Read MorePick n Pay brings South Africa’s most-loved traditional local dishes closer to shoppers
SOUTH AFRICA – The recent pandemic has brought copious amounts of stress, worry and uncertainty to consumers due to change…
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