Sefalana Group has proudly revealed its diversified models for its South African investments, where they currently operate 14 stores in partnership with a consortium which has managed to penetrate densely populated towns and cities, including presence in Johannesburg, where they have Savemoor Foodtown and Elangeni power trade.
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.