Growth of spaza shops across villages and townships is starting to gain recognition from big consumer goods manufacturers.
This informal market has helped many brands that were previously unknown to gain market share in townships.
Some items such as Score energy drink, Mofaya energy drink, Go-Slow chips and Simba Munchies have become popular in the township economy and had previously not been seen in big retail stores. These brands have been slowly taking the market share away from big names like Tiger Brands and Premier. Twizza’s CEO, Lisle Clark says, “So, the wholesale market in South Africa is less than 40% of the entire market but it has contributed to more than 70% of our business. We’d like to believe we redefine the route – to – market in wholesale for soft drinks. When we first entered the market, it wasn’t common to find the market leader or soft drinks in a wholesaler. It was just too expensive. You had your lower end consumers buying mixer drink products as opposed to carbonated soft drinks.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As deadline looms, France backs West Africa's bid to undo Niger coup - SABC NewsFrance said on Saturday it will support efforts to overturn Niger’s military coup, a day after West Africa’s regional bloc said it had a plan for military intervention.
Read more »
SAPS to recruit 10 000 members for training in 2024 - SABC NewsThe South African Police Service will be advertising to recruit 10 000 new members to be trained next year, this coming week.
Read more »
DA will not enter into any coalition with the ANC: Steenhuisen - SABC NewsThe Democratic Alliance (DA) has refuted allegations that they will enter into a Grand Coalition with the African National Congress (ANC).
Read more »
Displaced shack dwellers in Ekurhuleni to spend another night in the cold - SABC NewsScores of displaced shack dwellers in Ekurhuleni will spend another night in the cold.
Read more »
MMC warns gun wielding Zamas Zamas - SABC NewsJohannesburg MMC of Public Safety Mgcini Tshwaku has issued a stern warning to those Zama Zamas who are shooting videos, brandishing high calibre weapons and threatening law enforcement officials that their days are numbered.
Read more »
'Banyana has depth, quality to make history at FIFA World Cup' - SABC NewsMamelodi Sundowns FC head coach Rhulani Mokoena says he believes that Banyana Banyana has the depth and quality to make history in the FIFA Women’s World Cup.
Read more »