Massmart Holdings Limited (JSE: MSM) is a South African firm that owns local brands such as Game, Makro, Builder’s Warehouse and CBW. It is the second-largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods.
Masscash was founded in 1990
Masscash executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; WesBank, an instalment finance provider; and Ashburton Investments, the group’s asset management business.
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Number of locations
|423 (31 January 2023)|
|Products||Food, Liquor, General Merchandise, Home Improvement|
|Revenue||R91.564 billion (2016)|
|R2.603 billion (2016)|
|R1.322 billion (2016)|
|Total assets||R31.883 billion (2016)|
|Total equity||R6.183 billion (2016)|
Number of employees
|Divisions||Massdiscounters, Masswarehouse, Masscash, Massmart|
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Source – Wikipedia.