Back in the 1990s, as SA came out of political isolation, local corporates started examining business opportunities in the rest of the continent. Retailers jumped on this bandwagon and were delighted to be able to offer SA shopping experiences to the rest of Africa.

By the beginning of the new millennium, it was imperative to have an Africa strategy for doing business outside of SA. But by 2010, things were changing. Many large foreign retailers put any plans they had for Africa on the back burner in the wake of the global financial crisis and began retreating to their own backyards...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now