Sefalana Reveals Its Diversified South African Investment Model

Correspondent | Monday January 28, 2019 11:20

 

The strategic partnership also have enabled presence in Northern Cape, Western Cape,  Cape Town,  and Eastern Cape.

The consortium already is working on a plan to add 10 more stores under its portfolio. Sefalana invested some R250m into fast moving goods consortium which gives the Botswana outfit the  option to convert their investment into a 30% equity after  five years.

The investments currently guarantees Sefalana R50 million in dividends per annum, which they started  enjoying last year.

On Friday, while presenting the Sefalana Group’s half year results, Sefalana revealed  their South African investment is based on three models of distribution, wholesale and retail divisions.

Their  distribution division, under the brand name Price Chain Group, has presence in Vryburg in the North West Province.

The  distribution company also  has presence in Rustenburg,  also in the North West, where it trades  as Three Star. They also have presence in Port Elizabeth, trading as Trade Value.

The consortium also operate cash and carry stores  under  the power Trade name, with presence in  highly populated places  as Welkom, Port Elizabeth, Cape Town, Kuruman, Rustenburg, Springbok.

The  Food town brand has presence in Rustenburg, Cape Town,  Welkom, as well as two stores in Port Elizabeth.