Shoprite has announced the closure of their 2 remaining branches in Kenya at Westgate Mall and Garden City in Nairobi.

This follows poor results in the East African country. This follows the closure of two other branches in Mombasa in April and May.

Shoprite said ‘Kenya has contributed to under perform relative to our return requirements’

Shoprite is re-evaluating its African strategy and is one of the big South African companies that is finding business tough on Africa.

Shoprite Year Ended June 2020 Financial Results

Many South African companies have faced hostile legislation, supply chain challenges and currency devaluation issues in African countries.

Shoprite is also leaving Nigeria.

The retail chain has over 2000 stores in Africa.