Shoprite Holdings Limited, Africa’s biggest grocer, has announced it would be selling off some properties and lease them back so as to free up cash for technology investment, growing online sales and upgrade its supermarket for fresh food.

Shoprite prides itself as the best retail chain store that provides a wide variety of products at the ‘best prices ever’. While it may be true that they have a wide variety of foreign and local groceries and household items, BRANDPOWER can confirm the claim of providing best prices always, is a big lie!

Despite Nigeria’s solid support for the freedom of black South Africans from the shackles of Apartheid, South Africans have continued to curiously pay us back with tainted coins. Nigerians have for long been the target of vicious violence attacks on their persons, homes and businesses for reasons bordering on envy. As the targeted attacks on fellow black Africans, and Nigerians in particular, continue unabated with a recent spike drawing wide condemnation across the globe, BRANDPOWER examines what the trending issue portends for African brotherhood and business survival.

The meeting between President Muhammadu Buhari’s Senior Special Assistant on Foreign Affairs and Diaspora, Abike Dabiri-Erewa and National Association of Nigerian Students (NANS) has ended with a resolution that MTN Nigeria, MultiChoice, Shoprite and other South African companies in Nigeria should stop operation and quit the business environment within seven days.

If you want an idea of what Nigeria can offer the world's more fearless investors, raise a glass to South African supermarket chain Shoprite. Last year,...