Retail Business – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 17 Dec 2025 11:10:44 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Retail Business – Tech | Business | Economy https://techeconomy.ng 32 32 Working with Independent Software Partner Could be Save Your Retail Business https://techeconomy.ng/independent-software-partner-for-retail-business/ https://techeconomy.ng/independent-software-partner-for-retail-business/#respond Wed, 17 Dec 2025 11:00:03 +0000 https://techeconomy.ng/?p=172834 What does success mean in the African software industry in 2025? For some, it’s about scaling fast, diversifying portfolios, or attracting the right investors. For others, it’s measured in headlines and valuation multiples.

However, for redPanda Software, success is defined by specialisation and building a culture where customer trust is the ultimate currency.

The Cape Town-based software company, already a trusted partner to some of South Africa’s largest retailers, has shown 30% growth in 2025.

Gerhard Nortjé, MD at redPanda Software
Gerhard Nortjé, MD at redPanda Software

It is a headline number, but Gerhard Nortje, the managing director is quick to move the conversation away from percentages.

“Growth is an outcome,” he says. “The real story is the flywheel effect where focus creates expertise, expertise breeds trust, trust generates growth, and growth allows us to deepen our expertise even more.”

Providing customised solutions for SA’s retailers

It’s a simple formula, but in a software market where diversification is often seen as a hedge against uncertainty, redPanda Software is determined to remain focused on providing solutions customised to meet the needs of the retail sector. It’s a choice that has allowed the company to build a moat.

“We speak the language of retailers with an authority generalists can’t match,” says Nortje. “Our teams understand the necessities and complexities of point-of-sale software and loyalty platforms, and the everyday headaches that come with running a supermarket, clothing chain or pharmacy group. It’s an intimacy of knowledge that creates trust.”

Fierce independence is another part of the redPanda Software success story. Many technology firms align themselves tightly with global vendors, which, on the upside, results in a predictable deal flow, but on the downside, means advice is rarely neutral.

Maintaining independence has allowed redPanda Software to evaluate solutions based on their merit instead of on margins, which is often lost in the vendor-partner ecosystem.

It’s also one of the reasons why one of South Africa’s most prominent retailers opted to collaborate with redPanda Software in running its Market Assessments, trusting the company to evaluate the market on its behalf.

This level of trust is rare and proof that independence and integrity matter more than logos and promises.

Another overused word in tech is…culture. However, redPanda Software believes it can be a genuine differentiator.

The company’s growth has created obvious pressure to expand its headcount and yet its approach is to deliberately avoid chasing numbers.

Culture is only found when leadership treats recruitment as a filter for values and skills, because then the people who join the company are the right fit.

Becoming a trusted partner

One of the more telling markers of this approach is the number of people who return after leaving. In the past year, 20% of the people recruited are former employees who have rejoined redPanda Software after spending time at other firms, which, in an industry where attrition is the norm, is a phenomenon worth noting. It suggests something deeper than perks or flexible hours.

It’s a reminder that retention isn’t exclusively about competitive salaries or hybrid policies, but that people believe in the underlying purpose of the company.

The other point of distinction is the redPanda Software technology strategy, which moves away from hype and instead is more pragmatic.

Teams need in-depth understanding of legacy systems alongside insights into innovations that have the potential to define the next phase of customer experiences. It’s a duality approach that means the company is always aware of the potential in technology without losing sight of the core tech that forms the foundation of the retail sector.

These choices combine to create a different definition of success. Headcounts, milestones, next-gen tech – these are important to the longevity of the business, but they are balanced by the slower, harder-to-quantify assets like trust, resilience and independence.

“We are making the case that discipline and focus are just as powerful as scale at all costs,” concludes Nortje. “Our real story is how we hold firm to principles that may not make the pitch deck, but do make us a trusted partner to our customers.”

Is your retail business looking to deliver frictionless and personalised, unified buying experiences to its customers? We leverage our extensive retail industry experience, coupled with technical expertise, to help retailers move to cloud and enhance their digital journeys.

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FoodCo Launches Leadership Program to Strengthen Modern Retail Sector https://techeconomy.ng/foodco-launches-leadership-program-to-strengthen-modern-retail-sector/ https://techeconomy.ng/foodco-launches-leadership-program-to-strengthen-modern-retail-sector/#respond Tue, 21 Feb 2023 12:30:57 +0000 https://techeconomy.ng/?p=96330 Leading omnichannel retailer FoodCo Nigeria has announced the launch of the FoodCo Retail Leadership Program, as part of its commitment to building capacity for modern retail in Nigeria by providing a platform for knowledge and skills training for aspiring professionals.

FoodCo has evolved into a diversified consumer goods retailer with interests in quick service restaurants, supermarkets, manufacturing, and entertainment.

The program will expose participants to specialized courses and real-time immersion in modern retail functions and will include practical and theoretical modules in a variety of disciplines such as Audit & Finance, Retail Operations & Management, and Food Production.

Speaking at the launch, FoodCo expressed confidence that the FoodCo Retail Leadership Program will address the talent gap in Nigeria’s formal retail sector and help build capacity to drive growth and sustainability.

“As retail continues to reposition itself to meet the changing dynamics of the technological era and shifts in customer demands, there is an urgent need for operators to build capacity that adequately addresses the market’s needs,” he said.

“Given our history as one of the pioneers of modern retail in Nigeria, we understand the challenge of getting fit-for-purpose human capital to drive growth within the industry. That’s the motivation behind this program. We believe that it will be an important intervention that will help nurture the next generation of leaders for Nigeria’s formal retail industry.”

The FoodCo Retail Leadership Program is intended to give participants the job knowledge and hands-on experience they need to succeed in their retail careers while also making a positive impact in their communities. It will provide participants with a well-rounded and comprehensive experience by combining on-the-job training, mentorship, and classroom learning. Participants will also have the opportunity to network with industry experts and make valuable connections that will help them advance in their careers.

“We believe that the future of our company and the wider Nigerian formal retail industry depends on the success of the next generation of leaders. This program is an investment in that future and we are proud to offer it to young people who are eager to learn and make a difference,” XYZ said.

 

 

 

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