Subscribe & Follow

BizTrendsTV

RAPT BizTrendsTV: Carmen Murray: The Analogue Renaissance – A return to real-world connection

Advertise your job vacancies

Jobs

Supervisor Pretoria
Managers and Supervisors Cape Town
Customer Service (UK) Work from home Cape Town

More jobs Submit a job Open account

Pick n Pay to exit Nigeria

South African grocery retailer Pick n Pay will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure outside of its home market, CEO Sean Summers said on Monday, 28 October 2024.

By Nqobile Dludla

28 Oct 2024

Source: Reuters/Siphiwe Sibeko

Source: Reuters/Siphiwe Sibeko

The retailer has two stores in Nigeria, having entered the market there less than five years ago through a partnership with A.G. Leventis (Nigeria).

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

About Nqobile Dludla

Reporting by Nqobile Dludla; editing by Jason Neely

Top stories

Source:

Marketing & MediaNestlé CEO sacked for affair with marketing subordinate

9 hours

Source:

Marketing & MediaGoogle just dodged a major penalty in the courts – here’s what happens next

Rob Nicholls 7 hours

Opulent Entertainment Group and Primedia Studios join forces

Marketing & MediaOpulent Entertainment Group and Primedia Studios join forces

Primedia Broadcasting 5 hours

Smart from the start: 20+ years of changing how shoppers shop

RetailSmart from the start: 20+ years of changing how shoppers shop

Smart Media 4 hours

Brands have an opportunity to build authentic, multilayered connections with female sports fans

Marketing & MediaBrands have an opportunity to build authentic, multilayered connections with female sports fans

Uyanda Manana, Levergy 5 hours

Promoted

Bridge the gap between management and strategy. Become the adaptive leader the future demands

Marketing & MediaBridge the gap between management and strategy. Become the adaptive leader the future demands

Omni HR Consulting 2 days

More news

The science behind fast, secure retail payments

Retail

The science behind fast, secure retail payments

Rory Bosman 8 hours

New editor in chief for American Vogue

Marketing & Media

New editor in chief for American Vogue

10 hours

MDNtv nominated for Online Media House of the Year at the prestigious North West Media Awards 2025

Marketing & Media

MDNtv nominated for Online Media House of the Year at the prestigious North West Media Awards 2025

MDNTV 5 hours

Beauty on TApp celebrates a decade with new flagship store in Sandton

Retail

Beauty on TApp celebrates a decade with new flagship store in Sandton

6 hours

Reputation, returns and market premium

Marketing & Media

Reputation, returns and market premium

Nkateko Khosa, Brave Group 6 hours

Local is our Superpower, continued…

Marketing & Media

Local is our Superpower, continued…

Nick Efstathiou, OFM Radio 6 hours

From Google to TikTok: The rise of generative engine optimisation

Marketing & Media

From Google to TikTok: The rise of generative engine optimisation

10 hours

Saving Grace Education Group launches major billboard campaign in Gauteng

Marketing & Media

Saving Grace Education Group launches major billboard campaign in Gauteng

Saving Grace Education 8 hours

Seseko and Microsoft empower 1,000 girls in ICT through AI, IoT, and robotics bootcamp in Zeerust

ICT

Seseko and Microsoft empower 1,000 girls in ICT through AI, IoT, and robotics bootcamp in Zeerust

Seseko 2 hours

Corolla Cross record! SA’s top-selling passenger cars in August 2025

Automotive

Corolla Cross record! SA’s top-selling passenger cars in August 2025

Ryan Bubear 2 hours

Image credit: Christina Victoria Craft on Unsplash

Healthcare

Aspen's profits tumble with R1.1bn loss

1 hour

FoodForward SA advocacy secures landmark food donation standard for South Africa

ESG & Sustainability

FoodForward SA advocacy secures landmark food donation standard for South Africa

Andy Du Plessis, FoodForward SA 3 hours

Image credit:

Energy & Mining

Eni and BP's joint venture to invest another $5bn in Angola

1 hour

Image source: HONGQI ZHANG –

Education

NYDA and NSFAS team up to enhance education access for SA's youth

3 hours

Source: Supplied

Tourism & Travel

New podcast I Am Tourism Stories gives voice to Africa’s travel sector

4 hours

NWU strengthens support for postgraduate studies (honours, master’s, and doctoral)

Education

NWU strengthens support for postgraduate studies (honours, master’s, and doctoral)

North-West University (NWU) 4 hours

Refuse workers block the gates to Durban’s solid waste depot. Photo: Tsoanelo Sefoloko / GroundUp

HR & Management

Durban waste workers protest over salary cuts

Tsoanelo Sefoloko 2 hours

Source: Supplied

Logistics & Transport

South Africa’s aviation regulator approves Embraer E2 jets

3 hours

Sharpen your farm management skills this October

Agriculture

Sharpen your farm management skills this October

YehBaby Marketing Creatives 3 hours

Forget the rankings – it’s the faculty that matter

Education

Forget the rankings – it’s the faculty that matter

Thula Mngoma, Regent Business School 5 hours

Inospace sells one-third of Creation Works units at launch in Montague Gardens

Property

Inospace sells one-third of Creation Works units at launch in Montague Gardens

Inospace 4 hours

Image credit:

Healthcare

#ThrivebyWHX: How attitude and physiology play a key role in longevity

Maroefah Smith 8 hours

Labournet announced as sponsor of labour relations conference room at HR Summit 2025 South Africa

HR & Management

Labournet announced as sponsor of labour relations conference room at HR Summit 2025 South Africa

Labournet 8 hours

Image source: wirestock from

Legal

Key changes to rules regulating class action lawsuits

Jonathan Barnes and Bianca Masterton 8 hours

Image credit: Reuters

ESG & Sustainability

Landslide devastates village in Darfur, over 1,000 feared dead

9 hours

Phakamani Impact Capital hits R1bn milestone: Powering SMMEs, jobs, and community growth

Energy & Mining

Phakamani Impact Capital hits R1bn milestone: Powering SMMEs, jobs, and community growth

Phakamani Impact Capital 9 hours

AI's efficiency in meetings: a double-edged sword for SMEs?

Entrepreneurship

AI's efficiency in meetings: a double-edged sword for SMEs?

Yudhvir Seetharam 7 hours

Image source: Yan Krukov from

HR & Management

Defining the line between constructive criticism vs workplace harassment

Riona Kalua 7 hours

Image credit:

Energy & Mining

Precious Edward takes the reins at Independent Power Producers Office

9 hours

Let's do Biz