Audio By Carbonatix
Retail shopping outlet, GAME, will soon be re-branded as MASSMART.
This follows the takeover of GAME's operations in Africa by consumer goods marketing giant, MASSMART last year.
Joy Business gathers internal re-branding is currently on-going at the shop at Accra Mall.
Sources say the new owners of GAME plan to embark on some aggressive expansion drive which would see 10 shopping outlets opened in the country soon.
Industry watchers say the formal entry of MASSMART into Ghana, would see local consumers have access to global brands at a very competitive prices.
The world's biggest retail outlet, WAL-MART currently owns about 51 per cent stake in MASS MART.
Analysts say MASS-MART entry would also see some WAL-MART's products on the local market.
The Massmart Group comprises nine wholesale and retail chains, and one buying group - 288 stores and 470 buying Group members all focused on high-volume and low-cost distribution.
They operate in 14 countries in sub-Saharan Africa through the Group’s four operating divisions – Massdiscounters, Masswarehouse, Massbuild and Masscash.
The Group is listed on the main board of the Johannesburg Stock Exchance (JSE) Securities Exchange.
Sources close to MASSMART in South Africa, have however denied the company is planning to re-brand GAME.
They say there were no such plans.
Latest Stories
-
Five-year-old boy dies after getting caught in ski travelator
1 hour -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
1 hour -
Children should be protected from home fires – GNFSÂ
1 hour -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
1 hour -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
2 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
2 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
2 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
2 hours -
2025 in Review: Fire, power and the weight of return (January – March)
2 hours -
Washington DC NPP chairman signals bid for USA chairmanship
3 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
3 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
3 hours -
Sammy Gyamfi to address alleged losses under gold for reserves programme on Jan 5
3 hours -
BoG–GoldBod $214m hit is design failure, not market loss – Minority
4 hours -
Festive season sees minor fires, but domestic cases hit 15–20 daily – GNFS
4 hours
