Mozambique’s first Pick n Pay store due to open

Africa’s second-largest food retailer, Pick n Pay, announced on Thursday that it was opening its first store in Mozambique, located in Maputo.

The Maputo store is about 3 500 square metres and will include a clothing and liquor offering.

Pick n Pay’s head of group enterprises, Dallas Langman, said: “The Mozambique market offers good opportunities to present a high-quality offering from Pick n Pay.

“Our stores will present an appealing array of products to Maputo residents which they may not have encountered before, offering substantial competition to other retailers in the Mozambican market,” continued Langman.

Pick n Pay signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique, providing it with the essential benefit of expert insights into the local market.


The new store has already employed 250 Mozambican citizens and Langman said the group aimed to support local suppliers as much as possible.

Pick n Pay’s expansion into Mozambique follows the opening of its second outlet in Zambia, in March.

The group’s strategy of expanding into Africa has mainly been through partnering with locals or selling franchises to locals. But the company will also develop corporate-owned stores.

Pick n Pay aims to open five more stores in Zambia over the next four years and will open another two stores this year in Mozambique. — I-Net Bridge

Subscribe to the M&G

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years, and we’ve survived right from day one thanks to the support of readers who value fiercely independent journalism that is beholden to no-one. To help us continue for another 35 future years with the same proud values, please consider taking out a subscription.

Zeenat Moorad
Zeenat Moorad works from Johannesburg, South Africa. Markets, finance&business. Mostly. Once editor, journalist, columnist-Financial Mail&Business Day,Views all my own, I’d follow me, Currently @Discovery_SA Zeenat Moorad has over 4602 followers on Twitter.

Related stories

Advertising

Subscribers only

How lottery execs received dubious payments through a private company

The National Lottery Commission is being investigated by the SIU for alleged corruption and maladministration, including suspicious payments made to senior NLC employees between 2016 and 2017

Pandemic hobbles learners’ futures

South African schools have yet to open for the 2021 academic year and experts are sounding the alarm over lost learning time, especially in the crucial grades one and 12

More top stories

Zuma, Zondo play the waiting game

The former president says he will talk once the courts have ruled, but the head of the state capture inquiry appears resigned to letting the clock run out as the commission's deadline nears

Disinformation harms health and democracy

Conspiracy theorists abuse emotive topics to suck the air out of legitimate debate and further their own sinister agendas

Uganda: ‘I have never seen this much tear-gas in an...

Counting was slow across Uganda as a result of the internet shutdown, which affected some of the biometric machines used to validate voter registrations.

No way out for Thales in arms deal case, court...

The arms manufacturer has argued that there was no evidence to show that it was aware of hundreds of indirect payments to Jacob Zuma, but the court was not convinced.
Advertising

press releases

Loading latest Press Releases…