South African group Shoprite to build logistics centre in Angola

22 August 2012

Shoprite Holdings, one of South Africa’s main retail groups, has announced plans to open logistics centres in Angola and Nigeria in order to overcome road and port congestion problems, said chief executive Whitey Basson in Johannesburg.

Cited by financial news agency Bloomberg, Basson said that construction of the logistics centres, or warehouses, had become necessary because the turnover at the 156 stores outside South Africa had grown by20 percent in the financial year ended in June.

He also said that some of the warehouses being built in the Angolan capital, Luanda, would be ready before Christmas, and that a “large distribution centre,” in Lagos, Nigeria would start to be built as soon as a plot of land is found.

In a statement issued in Johannesburg the group said that over 78 percent of the group’s turnover came from its South African operations, although growth outside the country, where the group opened 21 supermarkets in the last financial year, has been “particularly strong.” (macauhub)