KAUNJIKA TRADERS PUSH BACK MR. PRICE

Date:

South African clothing shop is closing down from Malawi completely after closing down its shop in Lilongwe last year.

According to reports, the shop is rolling off its business in a week’s time and has since advertised that it will be selling off all the clothes on its shelf at MK 2,000 each from this Saturday for a week.

Authorities from the shop have not disclosed any reason for closing down the shop but economic commentators have said that it is the competition that Mr. Price has faced in Malawi that has made them decide to roll themselves out of the country.

Malawi has seen a surge in kaunjika traders as well as Chinese shops that have been selling clothes at a cheaper price when compared to that of Mr. Price and eventually people have rushed to the other shops after being bit by an economy that is biting heavily as well in other fronts.

(Visited 158 times, 1 visits today)

4 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Featured Video

click to play

Popular

More like this
Related

Pastor Slams Congregants For Not Spoiling Him

A Kansas City pastor is going viral after he...

WARNING: Women here are more signs and symptoms of HIV that you should be aware of

It's possible that the initial signs of HIV infection will be...

Women here are more signs and symptoms of HIV that you should be aware of

It's possible that the initial signs of HIV infection...

Farmer Cuts Off His Scrotum While Dreaming About Cutting Meat

A farmer at Assin Akomfode in the Central Region...