Issue #26: Hello there, Welcome back. If you are new, welcome to you too! each week I write about tech-enabled startups in South Africa, or how certain technology trends might be relevant for South Africa & sometimes the founding story of innovative companies. This week I was inspired by another substack writer called Patty. He writes the wildly popular notboring.com newsletter. Last week he wrote an interesting piece on Mexican conglomerate FEMSA & their OXXO chain of stores. So I decided to write about the history of another giant across the ocean; Shoprite. Plus how I believe if anyone talks Financial Inclusion in South Africa they have to mention Shoprite.
This is such a great summary of the history of an amazing business. Thank you!
Do you know why did the international expansions had such chequered success? They seem to be the only mis-steps along the journey.