Botswana is best new market for global retailers

Botswana's growing consumer spending power, low country risk and an unsaturated market have ranked her as the best new destination for global retailers in Africa.

According to the influential 2012 A.T Kearney Global Retail Development Index (GRDI), Botswana at position 20, enters the rankings for the first time and is the only country in Sub-Saharan Africa to make the list of the top 30 most attractive markets for retailers among developing nations, highlighting the country's long-term growth prospects.

The 2012 GRDI, the 11th annual edition, presents a wide array of possibilities for retailers seeking an immediate impact and a growth advantage in developing countries. In the report, AT Kearney consultant, Phillip Bode says Botswana has a growing, stable economy with growing consumer spending, low country risk and stands as a precursor to the steady development of Sub-Saharan Africa.

Editor's Comment
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