SA supermaket giant aims for Uganda.


South African supermarket giant Shoprice Checkers is reportedly preparing to launch a chain of supermarket outlets in Uganda before expanding into the rest of the region. Uganda Investment authority officials disclosed recently that the investment licence for the company would be released soon. "We have received their formal application and it is just a matter of time before they get their licence," said an official.

The supermarket giant runs a chain of 243 outlets in South Africa alone, and a further eight in other African countries. It will be the first time the company, which employs 23,917 people in Africa and the UK, invests in East Africa. Its interests in Africa other than South Africa, are in Botswana and Namibia.

Shoprice Checkers was one of the companies which expressed an interest in investing in Uganda when the UIA...

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