South Africa’s largest supermarket retailer on the African continent, Shoprite has announced that it will close its business in Uganda and Madagascar.
“In line with the group’s non-South Africa review process, our operations in Madagascar and Uganda have been classified as discontinued,” Shoprite said in statement.
Since opening its first store in Uganda in 2000, the supermarket employs 300 Ugandans in its five branches, supporting local industries on top making sure that a percentage of all stock is sourced and produced right in Uganda.
With 17 Brands in 14 Countries, 2387 Corporate Stores and 505 Franchise Outlets, Shoprite has been offering a world-class shopping experience on a variety of food products, household goods and small appliances at lowest possible prices.
“Shoprite continuously contributes to the well-being of our communities by becoming actively involved in helping those in need. Beyond our everyday low prices, we support projects that are aimed at community upliftment and enrichment.”
They are involved with Nsambya Babies Home, Reach Out Mbuya Orphanage Home, Rhino Fund Uganda – Ziwa Rhino Sanctuary in Nakitoma, Nakasongola, Nnabagereka Foundation – Ekisaakaate. Through these initiatives they bring change to the lives of those who need it the most.
Shoprite took a decision last year to review its Africa portfolio. The review included closing its Kenyan operations, selling its Nigerian business to local buyer Ketron Investment and restricting capital allocations to its supermarkets outside of South Africa.
“Since 1979, our Group has served African households by providing food at low prices. Growing from eight to 2892 stores pays tribute to our dedication and unwavering commitment to our customers,” Shoprite said.
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