Looking to stay ahead of Amazon in Africa, Walmart on Monday said it has reached an agreement in principle to buy out the shares it doesn't already own of Sandton, South Africa-based retailer and ...

South African competition regulators yesterday (31 May) approved Wal-Mart’s acquisition of a majority stake in local retailer Massmart. Katy Humphries takes a look at Wal-Mart’s African ambitions and ...

JOHANNESBURG (Reuters) - U.S. retail giant Walmart Inc. has signed an agreement to begin buying the 47% stake in South African retailer Massmart it does not own, the companies said in a joint ...

The objective of the event is to expand and strengthen Massmart’s Africa-based supplier network to its Builders Warehouse, Cash & Carry, Game and Makro stores. Andrea Albright, executive vice ...