CA Sales Holdings is confident of growth opportunities in east and southern Africa, hoping to capitalise on its deep understanding of the regional markets after the company raised half-year revenues and earnings by 9.2 and 19.2 respectively.
The integrated fast-moving consumer goods company operates in South Africa, Botswana, eSwatini, Mauritius and Zimbabwe, among others. It offers fast-moving consumer goods selling and distribution services in addition to retail execution and advisory, retail support, technology as well as data solutions.
The company said yesterday that it was confident of the opportunities southern and east Africa present with its deep understanding of these markets expected to assist it to navigate the associated regional risks.
With a steady economic growth rate averaging at 3 across most markets, these regions boast fast-growing economies. Investments in infrastructure, economic diversification and a favourable business environment further contribute to their allure, said the company.
Further opportunities were emanating from stronger rural and urban populations which underscores demand for access to consumer packaged brands. This makes the region a hot spot for potential for sustained growth and development.
