Hassles outweigh potential in Nigeria
Shoprite joins other retailers in losing interest in the country
09 August 2020 - 00:15
Nigeria's reputation as a graveyard for African expansion by South African corporations was again reinforced this week with the news that JSE-listed Shoprite is considering ending its 15-year presence in the country.
It's probably no surprise that Shoprite could be about to throw in the towel despite its first-mover status as the South African retailer that pioneered entry into Africa's most populous country...
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