Truworths Archives

Another SA company exits Nigeria over ‘hostile environment’

Sun International, with 49 percent stake in Federal Palace Hotel, says it is leaving Nigeria, owing to “challenging economic conditions and regulatory dispute”. The hospitality and gaming company, which becomes the

Another S’African company pulls out of Nigeria

Clover, a South African beverage line responsible for the production of Tropika fruit juice, says it is withdrawing future investments in the Nigerian market. Clover becomes the second South African

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SA company exits Nigeria over ‘economic crisis’

Truworths, a South African retail company, has pulled out of Nigeria due to prevailing economic realities in the country. According to Reuters, Michael Mark, the company’s chief executive officer’s comments

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