In a notice that has widely circulated, the firm says that the first phase of consultations which was focused on the reasons for the proposed closure have now been completed and a decision has been reached to close the affected stores.
The firm says that immediate steps as part of the process is to initiate a stock clearance sale in all their stores in each of these countries.
“We anticipate that the last trading day for our Game stores in each country will be on 25 December.”
The stores’ official shutdown, will mark the end of its seven-year struggle in the market and adding to a growing list of local and foreign retailers that have closed shop in recent years in East Africa including another South African retailer Shoprite.
The closure comes after a 12-month period during they tried without success, to sell the stores in Nigeria, Ghana, Tanzania, Kenya and Uganda to local investors.
“We would like to thank our Game colleagues, customers and business partners for their loyal support during the years that we have operated in Nigeria, Ghana, Tanzania, Kenya and Uganda,” reads the notice.
Tanzania has become a tough market for retailers following the collapse of several supermarkets that set up shop in the country including Shoprite and Uchumi
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Tanzania: Exim to Raise Fund for Mental Health Facilities Upgrades
EXIM Bank to raise 300m/- over the next three years for financing essential services and infrastructure upgrades in mental health facilities.
The bank’s Head of Marketing and Communications Stanley Kafu unveiled this when introducing Exim Bima Festival 2024 as a platform for bringing together individuals, organisations and various sectors for raising the funds.
“Exim’s initiative aligns with the government’s broader goals to ensure that every citizen has access to quality healthcare, including mental health services,” he said.
The initiative, which is one of the events for celebrating the bank’s 27th anniversary is scheduled for Wednesday this week in Dar es Salaam.
Mr Kafu highlights that this year’s festival is not only about raising awareness of the importance of insurance in the society but also focuses on enhancing access to mental health services and improving the overall well-being of the nation.
Statistics from the Ministry of Health shows a staggering 82 per cent increase in mental health cases over the past decade.
Mental cases have risen from 386,358 in 2012 to 2,102,726 in 2021, making the need for mental health services more urgent than ever.
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Unfortunately, the country’s ability to address this growing challenge is hindered by a shortage of mental health professionals, infrastructure, medical equipment and essential medication.
For example, out of the 28 regions in the country, only five have facilities that provide adequate mental health services.
The most affected group is the youth aged 15 to 39, who represent the nation’s workforce, underscoring the need for intensified efforts to safeguard this generation for Tanzania’s future well-being and development.
Mr Kafu said by improving mental health services, Exim aims to contribute to the creation of a network of communities that can access care quickly and affordably.
Exim Insurance Department Manager Tike Mwakyoma said they are appreciating the support from partners in the insurance industry, who have stood by them since the last festival.
“Let’s continue this unity for the development of all Tanzanians and our nation as a whole,” the manager said.
Source: allafrica.com
