
Africa’s economic reset requires moving from ambition to execution
The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.
BUSINESS STRATEGY
By our African Marketing Confederation News Team | 2025
Franchise agreement with the South African retail group ends after 27 years, as Model gains ‘complete operational independence’.
Namibia’s new Model supermarket chain opened its doors on 1 July, as its parent company, the Ohlthaver & List (O&L) Group, transitioned from a long-standing franchise agreement with South Africa’s Pick n Pay retail group.
An artist’s impression of a rebranded Model outlet. Illustration: O&L
O&L gave notice last year that it was terminating its agreement with struggling Pick n Pay after 27 years.
This is a return to its roots, as O&L first began trading as Model Supermarkets in the 1960s before it later switched to the then-thriving Pick n Pay brand as the local franchisee.
In a statement posted on its website, O&L says it “gains complete operational independence, introducing a new retail system with full local control over operations, technology and supplier relationships”.
The statement adds: “Model’s transition is not instantaneous but carefully phased. From 1 July, the old signage will start coming down and the Model brand will become visible in stores. This gradual transformation will unfold over the coming months and years.”
First fully rebranded outlet in Windhoek
Model’s Auas Valley store in Windhoek is the first location to undergo comprehensive renovation, with completion expected towards the end of September 2025.
“The transition to Model signals the birth of a retail experience designed by Namibians, for Namibians,” says Sven Thieme, Executive Chairman of O&L Group.
“At the heart of this transformation is a 100% Namibian buying team that will have complete autonomy to create product ranges that reflect local needs, preferences and values.
“Our independence gives us the strategic freedom to build partnerships with local suppliers, invest in Namibian talent and shape a shopping experience that reflects our community’s values and aspirations.”
Model says the shift creates “meaningful opportunities” for Namibian producers and suppliers who meet high quality standards to list their products directly, strengthening the local supply chain and supporting homegrown businesses.

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