Tag: Shoprite
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ShopRite to exit Nigerian market after 15 years
South Africa’s grocery retailer ShopRite is leaving Africa’s biggest market, Nigeria, 15 years after it opened shop in the West African country. The announcement by ShopRite came months after another South African brand, Mr. Price, exited the market. International supermarkets (excluding Nigeria) contributed 11.6% to group sales and reported 1.4% decline in sales from 2018.…
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GRA gives tax stamp defaulters 3 day ultimatum
The Ghana Revenue Authority (GRA) has given manufacturers and importers of excisable goods a three day ultimatum to fix the tax stamps on their products or have their goods seized. The decision comes on the back of a monitoring exercise on the compliance of the tax stamp policy beginning today, 1st March 2018. The tax…
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Black Friday discount deals hit 90% (Audio)
Majority of shoppers will experience some level of reduction in the prices of products they purchase from today [November 24, 2017] and into the weekend. It follows the rolling out of the Black Friday by majority of retail giants as well e-commerce portals in the country. The move is expected to lead to discount deals…