Cape Town – The South African government has welcomed Walmart’s announcement to open its first branded stores in South Africa before the end of 2025, describing the move as a clear expression of confidence in the country’s economic trajectory.
Government officials said the expansion reinforces South Africa’s reputation as a reliable destination for international investment and underscores the government’s commitment to creating a business-friendly environment that promotes economic growth and job creation.
The new Walmart stores will offer groceries, household items, apparel, technology, and a selection of global brands, while also featuring locally sourced products through partnerships with South African suppliers and entrepreneurs.
The government highlighted that Walmart’s commitment to sourcing locally aligns with the priorities of the Medium-Term Development Plan (MTDP), which emphasises job creation, industrial growth, and support for small and medium-sized enterprises (SMEs).
We’re opening the first Walmart branded stores in South Africa, offering Every Day Low Prices on fresh groceries, essentials, apparel and more. We’re excited to bring customers friendly service and omni convenience while investing in local communities. https://t.co/h7gl9GSuNz pic.twitter.com/oerRpw1wy1
— Walmart Inc. (@WalmartInc) September 9, 2025
“The investment underscores a strong belief in the country’s economic trajectory and confirmation that South Africa remains a reliable investment destination,” the government said.
“Walmart’s commitment to sourcing locally produced products will contribute to the growth of the economy and job creation, which are apex priorities of the government’s medium term development plan (MTDP).”
The expansion follows Walmart’s first growth summit held in South Africa earlier this year, which included suppliers from 12 African countries and resulted in the recruitment of small and medium-sized South African suppliers.
Officials noted that initiatives like these strengthen the local economy, create employment opportunities, and enhance the country’s industrial base.
Walmart has operated in South Africa through its ownership of Massmart, a local holding company that owns chains such as Game, Makro, and Builders Warehouse.
The company first acquired a 51% stake in Massmart in 2011 and became its full owner in 2022.
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Picture: X/@Walmart
Compiled by Anda Tolibadi
