Shoprite: Counters Closure Claims, Says It’s An Opportunity For Nigerian Investors

We reported earlier today the intention of shoprite to discontinue market in Nigeria. See details of earlier report in the link below, In a twist of event however, the Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard, said: “Shoprite is not leaving Nigeria. According to him, “We have only just opened to Nigerian investors which we have also been talking to just before now. We are not leaving, who leaves over a $30billion invest and close shop? It doesn’t sound right. “I have tried to…

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Shoprite Plans To Discontinue In Nigeria

Shoprite, the South African retail outlet has announced the commencement of a formal process to discontinue its operation in Nigeria. Shoprite Holdings Limited made the announcement on Monday in its operational and voluntary trading update for the year ended on June 28, 2020. The multi-national retail group, which announced a 6.4 per cent increase (R156.9billion) in total sales of merchandise for the outgoing year despite the challenges posed by the COVID-19 pandemic, announced that it took the decision to discontinue its Nigeria operation “following approaches from various potential investors, and…

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Over 7000 South Africa Police Test Positive For Coronavirus

Not less than 7,021 South African police officers have tested positive to COVID-19 while 53 have passed away, the Police Minister, Bheki Cele, said on Wednesday. Cele revealed this at a news conference, on plans to combat COVID-19 and compliance in Pretoria. 4,949 police officers have been quarantined while 150 have been hospitalised. “This pandemic is indiscriminate, no one is immune; it even attacks those entrusted with protecting us. “A number of justice, crime prevention and security cluster officials have tested positive. “The good news is that many of them…

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Breaking News: Mandela’s Daughter Dies At 59

Quite a good number of South African’s news agencies are reporting that Zindzi Mandela, the daughter of Nelson Mandela and South Africa’s ambassador to Denmark, has died. The State broadcaster SABC tweeted: BREAKING: Zindzi Mandela-Hlongwane the daughter of former president Nelson Mandela has died. #SABCNews Senior SABC journalist Chriselda Lewis also tweeted that Mandela died in Johannesburg. The death of Zindzi has also been reported by eNCA and Newzroom Afrika, with eNCA saying that she was 59 before her death. Eyewitness News also tweeted that Mandela’s death has been confirmed by the country’s Department of International Relations…

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South Africa: The Significance Of Alcohol Ban Amid Pandemic

The sales of liquor in many countries have been deemed essential during the social isolation, however, South Africa has taken a different approach. South Africa has been on lockdown since March 26, in a bid to curb the spread of Covid-19, like many other States. The restrictions in SA are among some of the strictest in the world. For instance, you may only leave your home if you provide an essential service, or need to procure essential goods like food or medicine. Despite the restrictions, South Africa has also banned…

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COVID-19 SOUTH AFRICA: LOCKDOWN COLLAPSE DUE TO HUNGER & LAWLESSNESS

TellAfrica correspondent gathered South Africans are no longer having it…. as they combat police and break into shops during the pandemic lockdown. This development is as a result of hunger and lack of support by the government according to one of the residents. See some videos below:     More details in a bit……

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COVID-19: GLOBAL UPDATES

  EUROPEAN UNION The EU council has proposed at least 30 days ban on travel from other countries to the EU excluding citizens returning home, commuters and essential workers. The EU are closing their borders to each other as well as other continents of the world in order to combat the virus. The French President, Emmanuel Macron has declared a war against the virus while he has confined the citizens to their homes for 15days. EU leaders will meet in 2 weeks time. This is an effort to jointly conform…

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President Cyril Ramaphosa: South Africa Updates On Covid-19

Media update on Covid-19  in South Africa:     Here’s what Cyril Ramaphosa has to say to the people of South Africa in the face of the Covid Pandemic in a speech delivered on Monday 16 March 2020.   Dear Fellow South African, The world is in the throes of a public health emergency on a scale not witnessed in over a century.   The spread of the coronavirus, which causes the disease known as COVID-19, has been alarmingly swift and widescale, and is now defined as a global pandemic.…

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Human Rights Month: TellFacts in South Africa

The Constitution of South Africa became binding on 10 December 1996  in Sharpeville having assented by the then President, Late Nelson Mandela. The constitution promotes a culture of human rights and mutual respect for one another. See notable facts about SA constitution below: #HumanRightsMonth   Source: South Africa Government

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