Wednesday, March 2, 2016

Video - Retail chain Shoprite decides to stay in Nigeria despite economic challenge



Africa's biggest retail chain Shoprite says it has no intention of pulling out of Nigeria despite the challenging business environment. As part of efforts to lift local businesses Nigeria has placed a ban on hundreds of imported products. South African clothing retailer Truworths was forced to exit the continent's biggest economy as a result of the ban, strict foreign exchange controls and rising costs.

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