Ver Angola


Government plans to proceed with the privatization of "Nosso Super" supermarket chain

The government is considering proceeding with the privatization of the supermarket chain "Nosso Super", which is under the management of the Zahara group.


According to a source from the Ministry of Trade and Industry, in declarations to Valor Económico, the sale of the shares of the supermarkets will be done in public tender.

The decision was justified by the fact that it is not for the Institute of Asset Management and State Participation (IGAPE) and the Ministry of Trade and Industry (Mindcom) to manage this type of establishments: "It is not the vocation of IGAPE or Mindcom to operate this type of equipment," said the same source.

The supermarket chain has about 30 stores all over the country and is part of the Logistics and Distribution System Restructuring Program of Pordutos Essenciais à População (Presild), launched in 2007.

It was created with the aim of modernizing the commercial network and creating jobs and business opportunities.

In 2016 the partnership between the Nova Rede de Supermercados de Angola group (which operates with the stores of the "Nosso Super" brand) and the Zahara group came into effect.

The partnership came about at a time when some media outlets were advancing that "Nosso Super" lacked products on their shelves and was firing employees.

According to Valor Económico, in March 2019 the government would be renegotiating the management contract of these supermarkets. It is now known that the Executive is considering alienating the supermarket chain "Nosso Super".

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