Is shoprite leaving malawi. Malawi’s antitrust body, the .
- Is shoprite leaving malawi. In Ghana, Shoprite has received a binding offer in June for seven trading stores and one warehouse. At the time, Malawi’s Labour Minister Vera Kamtukule told Parliament that Shoprite had no plans to leave, stating the closure was limited to one underperforming branch. Aug 7, 2025 · South African grocery retailer Shoprite Holdings said on Tuesday, 2 August 2025, it is selling its operations in Ghana and Malawi, marking another step towards consolidation of its activities across Africa to focus more on its home market. The supermarket retailer had expanded extensively in Africa Aug 4, 2025 · The Competition and Fair Trading Commission (CFTC) says it will assess the likely impact of the proposed sale of Shoprite chain stores to Karson Investment Trust on competition and the economy in general. Aug 5, 2025 · MALAWI – Shoprite is in the process of leaving Malawi, with plans to sell its stores and other assets to a local firm known as Karson Investment Trust. Aug 5, 2025 · South African retail giant Shoprite Holdings, has confirmed its plans to exit Ghana and Malawi, signalling yet another step back in its broader African expansion strategy. According to a notice published by Malawi’s Competition and Fair Trading Commission on August 1, the South African retailer has filed for permission to transfer ownership. Malawi’s antitrust body, the Aug 4, 2025 · Shoprite is exiting Ghana and Malawi. J), has announced that it is selling its operations in Ghana and Malawi, marking another step towards consolidation of its . That closure resulted in 25 job losses. Shoprite entered Malawi in 2000 and has five stores. Aug 5, 2025 · In 2022, Shoprite closed one of its stores after three consecutive years of losses, sparking fears of a full exit. A notice filed by the Competition and Fair Trading Commission of Malawi indicates that Shoprite has applied to sell its assets. The exit, announced as part of Shoprite’s regional “recalibration strategy,” marks the […] Aug 5, 2025 · Shoprite Holdings announced plans to exit Ghana and Malawi markets as part of a regional recalibration strategy. Aug 5, 2025 · South Africa's biggest grocery retailer Shoprite Holdings said on Tuesday it is selling its operations in Ghana and Malawi, marking another step towards consolidation of its activities across Aug 7, 2025 · Malawi’s fragile economy has been dealt yet another devastating blow, as retail giant Shoprite Holdings confirmed plans to shut down its operations in the country, a move set to leave over 10,000 Malawians jobless and sink investor confidence further under the Chakwera administration. Aug 5, 2025 · Shoprite walks away from Malawi after 25 years: What went wrong? The Competition and Fair Trading Commission invites written comments on the Shoprite–Karson Investment Trust transaction. Aug 6, 2025 · South African retail giant Shoprite Holdings has announced its decision to pull out of both Ghana and Malawi, marking its sixth and seventh market exits Aug 21, 2025 · 0 Shoprite to exit Malawi after 25 years Africa’s largest food retailer, Shoprite, has announced its withdrawal from Malawi after 25 years of operation, as it continues to scale back its footprint in non-core African markets. Aug 5, 2025 · South Africa's biggest grocery retailer Shoprite Holdings (SHPJ. These exits signify Shoprite's sixth and seventh withdrawals from African markets outside South Africa within the past four years. The sale, if successful, will result in the closure of Shoprite in the country, as the new acquirer plans to rebrand to … Aug 4, 2025 · Shoprite, Africa’s largest food retailer, is looking to dispose of its Malawian business to domestic players, 25 years after it first invested in the country. num bjumob lkkwjm zmia rrazeo jlcva ubwfu fqcs hbnbzjfi tdfnkm