Tag Archives | African Market

International Retailers Eye-Up Africa

International Retailers Eye-Up Africa






Africa retail sector on the verge of sky-rocketing with big international brands landing on our shores. Large international retailers eager to get a footprint on the African continent are using South Africa as their vantage point, while they assess their next expansion point into the growing economies of Africa.

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Africa Brief: Violence in Egypt knocks markets, Ghana’s consumer price inflation, oil thieves in Nigeria and more











Egyptian shares have slumped after police moved to disperse two anti- government sit-ins in Cairo, leaving at least 13 dead. The benchmark EGX 30 index retreated 1.1 percent to 5585.12 at 11.11am in Cairo. The death toll reported by the Health Ministry was disputed by the Muslim Brotherhood, which claims hundreds were killed by security forces…

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Africa Brief: Burger King in Africa, Ethiopia’s Nile dam talks, Kenya’s economic expansion and more











Not so long ago, for luxury goods retailers the African mar­ket boiled down to a tiny elite, in some cases just a corrupt ruling clique. Not anymore. Although mil­lions of Africans remain stuck in crushing poverty, disposable incomes are on the up. Luxury firms like LVMH, which makes Moet and Hennessy luxury drinks as well as Louis Vuitton handbags, are targeting the burgeoning ranks of what South African retailers call “black diamonds “, or affluent African professionals.

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KPMG Africa on Social Media

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