Shoprite to Exit Ghana, Malawi

Shoprite to exit Ghana, Malawi

South African supermarket store Shoprite is selling its operations in Ghana and Malawi. The move, announced by the retailer on Tuesday, is part of the chain’s efforts to focus on its home market. The planned sales follow the retailer’s exits from DR Congo, Kenya, Madagascar, Nigeria, and Uganda in the last few years.The retrenchment follows years of expansion across the continent during which the grocery store became Africa’s top food retailer i…

Shoprite plans to exit Ghana and Malawi

It expects group sales from continuing operations to rise by 8.9% to R252.7bn

Shoprite exits Ghana and Malawi, focuses on South Africa

On Techpoint Digest, we discuss Shoprite's exits from Ghana and Malawi, Africa's exit boom's lack of transparency, and Airtel's 38MW data centre challenge to MTN.

Shoprite to Exit Ghana and Malawi as Retailer Scales Back African Expansion

JOHANNESBURG, South Africa — South Africa’s largest grocery retailer, Shoprite Holdings Ltd., has announced plans to divest its operations in Ghana and Malawi, reinforcing its strategic shift to focus more on its domestic market. In a statement released Tuesday, August 5, 2025, the retailer confirmed that Shoprite Malawi signed an agreement on Friday, June 6, 2025, to sell five trading stores, subject to approval from the Competition and Fair Tr…

Shoprite exits Ghana and Malawi in continental retreat

Shoprite Holdings, South Africa’s largest grocery retailer, has exited Ghana and Malawi. This move marks their seventh withdrawal from African markets, signalling a strategic shift towards focusing on their core South African operations. The retailer’s decision reflects the challenges many South African retailers face when expanding into other African markets. Years of losses and difficult trading conditions have prompted a strategic reset for S…

South Africa's Shoprite Announces Exit from Ghana, Malawi Markets

South Africa’s Shoprite has announced its exit from Ghana and Malawi. This latest move by the supermarket chain illustrates the challenges many South African retailers and manufacturers have faced penetrating other African markets over the years. Shoprite, which once displayed ambitious plans to expand all over Africa, says the decision to sell its five stores in Malawi to Karson Investment Trust, and its seven stores and warehouse in Ghana afte…