Malawi: Icon Properties Says Shoprite Exit Is Part of Natural Change
4 Articles
4 Articles
Icon Properties: Shoprite Departure Spurs Opportunity in Malawi's Evolving Market
Key Business Points Msika ukusintha: Vacant prime retail space at Chichiri Shopping Centre opens doors for new businesses to fill gaps left by major retailers. Adapt to fluctuations: Persistent forex […] The post Icon Properties: Shoprite Departure Spurs Opportunity in Malawi’s Evolving Market appeared first on Business Malawi.
Icon Properties says Shoprite exit reflects natural evolution
Icon Properties plc says the exit of Shoprite, one of its main tenants at Chichiri Shopping Centre in Blantyre, reflects the natural evolution in the retail landscape and allows the firm to celebrate a 24-year partnership. In August last year, South Africa-based Shoprite Holdings Limited divested its operations in Malawi and Ghana, extending a multi-year retreat from African markets outside South Africa as the retailer focused on more stable an…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium


