Wal-Mart Makes a Move on Africa

9 10 2010

Image of Wal-Mart Parking Lot

I guess it was just a matter of time…

Wal-Mart: Predator Capitalism and the Great Game

By Glenn Ashton

Date posted: 6 October 2010

So it looks like Wal-Mart may establish its African beachhead in South Africa. Rumours have flown around the South African business community for more than six months that Massmart, the South African based retail giant that includes well-known brands such as Dion, Game, Makro and Builders Warehouse, was a target for acquisition by the world’s biggest company, the retail behemoth Wal-Mart.

View the rest of this article online here: http://www.sacsis.org.za/site/article/560.1

What do you think about this?

Mark D. Jordahl – Kampala