Carmit:

Are you confusing me or you?

What do you mean by 'China is 1.5b' ?
1.5bn in revenue??
1.5bn retail stores??

Cos below is the number of retail stores in China.

Please be elaborate.

rvp20182:
The only limitless resources is human capital..not your troublesome oil or gold or aluminum...which pretty explain why you were broke by 1960s and have yet to recover.

Carmit:

And one more thing.
HOW THE HELL DOES DSTV AND MTVBASE RELATE IN ANYWAY BESIDES BEING ON THEIR PLATFORM??!!!

Carmit:
[img][/img]
Lol.
Find out who brought MTV base to Africa fam.

Austine1213:
More in store for African retail & consumer businesses
Africa’s economy has seen modest growth in the wake of falling commodity prices, slowing revenues and volatile currencies. The moderation in growth impacts a range of industries and sectors, including retail and consumer products that must contend with rising costs, and a fall in prices.

Despite the decline in growth, the long-term outlook remains positive. The economic growth predicted for 2016 and beyond in some African countries and the growth expected in Africa’s consumer market provides major opportunities for retail and consumer companies looking to the future. These are some of the highlights from a report released by PwC today.

“As Africa has risen to prominence as an investment destination over the past several years, so the role of retail and consumer goods has taken on greater significance,” says Anton Hugo, Retail and Consumer Industry Leader, PwC Africa. “Sub-Saharan Africa (SSA) remains one of the fastest growing regions in the world and the successful expansion of a number of global and African retailers and consumer goods companies across the region speaks to the opportunities that exist.”

“However, Africa’s fortunes are very much tied to those of the global economy. Pressure on emerging market currencies coupled with a decline in oil and other commodity prices has seen pressure on government revenues and the ability of governments to increase social expenditure and wages in the public sector. African retailers will need to focus their efforts on operational efficiency and managing the effect on their operations of volatile currencies,” adds Edafe Erhie, PwC Partner in Nigeria.

PwC’s inaugural publication entitled ‘So much in store’, is an in-depth study into the make-up of SSA’s retail and consumer goods industries, and provides an outlook for the coming five years by focusing on 10 African economies that we believe offer some of the most compelling opportunities for retail and consumer businesses looking to expand into Africa: Cameroon, Ethiopia, Ghana, Côte d’ Ivore, Kenya, Nigeria, South Africa, Tanzania and Zambia.

Trends shaping the retail and consumer sector in SSA

Significant global megatrends will help drive the retail and consumer goods industries and create future opportunities. Africa’s demographic dividend, its growing middle class and rising income levels, and rapid urbanisation will all have a part to play in the continued growth of the retail sector across the continent.

Currently, Africa is home to more than one billion people which is expected to increase to more than two billion by 2050. It also has the youngest population, with 226 million people aged between 15 and 25 years in 2016, according to World Bank estimates. Africa’s working age population is forecast to grow at a faster rate than its overall population. When the labour force grows more rapidly than the population dependent on it, resources become available for investment in economic development and personal consumption. This offers an opportunity for rapid economic growth.

The growing middle class is one of the key factors driving international retail expansion across Africa. Consumption choices typical of this class, such as internet usage, private health care, formal retail, as well as car and property ownership are all on the rise.

More informed and healthier consumers

Changes in consumer lifestyles and ambitions are influencing purchasing behaviour and patterns, according to leading retailers. Overall, consumers in SSA are becoming more aspirational and brand-conscious. “Africans are becoming more connected to global trends than ever before as a result of growth in internet penetration and travel,” explains Hugo. For example, in Ghana consumers are increasingly attracted to products that are well packaged and well documented.

This increasing level of discernment is also seen in the quality of goods that consumers expect and their willingness to pay for it. Those that can afford it are also becoming more health-conscious, favouring nutritious and healthy foods. In response, retailers are formulating new products.

Home-grown champions make their mark

Closer to home, African organisations are becoming dominant players in local markets and expanding their presence across the rest of the continent. South African retailers are a prime example of being among the most aggressive in expanding across the continent. But there are also examples from other countries, such as Zambia and Kenya expanding into the greater East African Community (EAC) region, and Nigeria into the West.

Informal trade continues to lead

For the foreseeable future informal retail will continue to dominate sales in SSA. With the exception of South Africa and Angola, it is estimated that upwards of 90% of sales in the focus countries is through informal channels such as markets, kiosks, table-top sellers and street hawkers.

“However, the industry is in the process of modernising with a number of western-style shopping centres taking shape in countries like Nigeria, Kenya and Ghana. It is also interesting to note that in some countries such as Ghana, Nigeria and Zambia, many of the malls are anchored by South African retailers. For some countries, the building of shopping malls is a challenging and expensive business due to the difficulties in securing land, resources, and the costs associated with building,” says Michael Mugasa, PwC Partner in Kenya.

Online retail

Although online retail is still in its infancy in SSA, the industry is showing promising potential. While South Africa and Nigeria already have numerous e-commerce players, the industry is less developed in countries such as Cameroon and Ghana. According to the report, successfully selling products online in SSA comes with challenges, including unreliable internet connections, logistical challenges, as well as a general distrust of transacting online and low bank penetration.

Local production on the rise

Increasingly there is a growing movement towards local production. This trend is driven by a number of factors. These include, amongst others, political stability and government incentives to boost local manufacturing. To circumvent import duties, port delays and high transport costs, companies are also considering local production options. Despite the opportunities, manufacturing in Africa comes with numerous challenges, such as power supply problems, high rentals, electricity and labour costs.

Supply chain optimisation

A critical success factor for retailers and consumer goods companies moving into many African countries has been their ability to implement supply chains that deal with the operational challenges that exist. “Given the size of Africa, supply chains tend to be complex, challenging and expensive,” says Hugo. “Other obstacles include poor transport, inadequate local supply capacity and the dominance of informal retail trade.”

Distribution

The dominance of informal trade and Africa’s large rural population makes distribution a complex exercise. However, as 90% of sales are made through informal channels, those that ignore this segment are missing out on a significant share of potential revenue. There are also many examples of companies that have introduced innovative ways of improving their distribution in various countries.

Hugo concludes: “Each country in Africa has its own value proposition. Smart investing in Africa means investors need to understand key regions and local markets. Furthermore, investors need to note that there are specific risk factors underlying the development of Africa. Despite these risks, investors and retailers will continue to see the African market as a huge opportunity.”

SUFFERInSMILIIN:
Benin Republic cotonou has outstanding infrastructure which Nigerians can only have in their dreams

Austine1213:


Flooding distorted everything, now it's drought

Those countries haven't recovered from damage caused by flooding, the need aid now as they are not food secure.

Zimbabwe still hurts me as at one stage used to be bread basket of Africa

SUFFERInSMILIIN:
Nigeria has become a begging country other west African countries must take over

First picture whoever can translate what the signpost across the road says in French

Carmit:

I'm convinced some of the SA'ns on here aren't sound.
WTF!

Kazi ;kazi:
Serengeti, Tanzania

IronGalaxy:
which other avenue would you catch MTV base besides through DStv?

Carmit:

One thing I really dislike about South Africans is the entitlement syndrome they have in most of them.... It's innate.
Where they feel every good thing from Africa HAS TO come from them.
If you had seen their comments during the cardi b frenzy Bruuuhhh....
So much negative energy.
Still waiting for their replies though.

SUFFERInSMILIIN:


Long time I am Galaxy I wish you are still enjoying the suffering and smiling show

Kazikazi:
Tanzania
Ordinary folks

Danielnino00:

U have been posting pictures of 3 storey building and paved roads filled with okadas since.. dude,that isn't development...that is something normal u see in nearly every big town in Africa... Why not post pictures of the CBD in Benin Republic or the skyscrapers ? Or some multinational companies ?

Benin Republic is nothing but a parasite that has been feeding off Nigeria since time immemorial... The country is filled with Nigerians ..Smuggling is the main thing sustaining their economy...
U can't deceive Nigerians with pictures of Benin Republic .a lot of us know that country like the back of our palm...

SUFFERInSMILIIN:


So why don't you go to Benin Republic to see the prisons which are 80% full with Nigerians. In fact I saw with my eye the prison are only for Nigerian

vaxx1:
Hope you aware south africa does not fully owned any malls in Ghana. malls here are joint venture. they are Ghanaian stakes in it as well....

Carmit:

He brought the franchise to Africa and launched it.
Simple.

So tell your other SA friends on here DStv doesn't own MTV base.

Danielnino00:


The literacy rate in Benin Republic is just a little over 50%...

Most of the slums in the Lagos are dominated by people from Benin ...

Its just a parasite feeding off Nigeria...

rvp20182:
[s]My friend for a country literally named GOLD COAST - you're the worst joke on earth. God blessed you with GOLD (MONEY) since 14th century and all you ever made out of it was a GOLDEN STOOL for witchcraft? - that you then paid the Brits 76B dollar bribe not to take it . Your country is big shithole - not any different from your cousins the Nigerians. You should be very ASHAMED to be a citizen of Ghana aka Gold COAST. Very ashamed. Look at South Africa - Joburg - and rest - and see what GOLD did for them?

Austine1213:


Yes

Owning more than 50% means you own it, most of them its over 80%might as well say SA owns it

JaceBlaze:
The critical part of the Hip Hop culture is mastering the five elements.

samorobo:


[s]Hahaha dumb ass... atleast it is refreshing to know that you agree with me on this one..that you are possessed only that you consider me a fake incompetent exorcist but with time I will prove myself....
I am you are now desperate to purge that homo demon from you.....don't you think this fake exorcist has done have the job....I mean a minute ago you were ready to cuddle you homo demon till you for in the grave and just few minutes I spent with my powerful exorcist word you changed your mind.....this is a step

You need to be rid of that demon.....

"Exorcisetashermayshr[/s]

Austine1213:

It is also interesting to note that in some countries such as Ghana, Nigeria and Zambia, many of the malls are anchored by South African retailers.

Just30:
not a single mall in Ghana is owned by SA

Even the Accra mall that a south african company bought from it Ghanaian owner, the ownership has changed again.

rvp20182:
The million dollar question

Kazikazi:
Tanzania
Ordinary folks