Furnmart continues regional expansion drive

Tuesday, January 05, 2016

Despite a fairly negative economic outlook, Furnmart Limited plans to continue investing in new stores in the region as they intend to open between six and eight stores in 2016.

According to the group’s managing director, John Mynhardt, they believe that opportunities still exist for growth within the region, but they will be selective with site location and capital commitment when considering store location.

“The growth of the foreign operations relative to Botswana has continued and management is very confident in the group’s diversification strategy,” he added.

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