Pick N Pay Credit Facility not applicable to Namibia

Pick n Pay (PnP) Namibia – a subsidiary of the Ohlthaver & List (O&L) Group and a proudly Namibian establishment – has reacted to media and public enquiries pertaining to Pick n Pay South Africa’s recent announcement that it will now enter the store account market by offering its customers the opportunity to buy groceries on credit.
PnP Namibia Marketing Manager, Victoria Moller: “Although Pick n Pay Namibia is carrying the name of our South African counterpart, O&L is the holding company of Pick n Pay Namibia and owns the business as a Franchisee. This means that as a franchisee of Pick n Pay South Africa we are enabled to carry out specified commercial activities, applicable to the Namibian market.
We acknowledge that innovation and the adoption of new technologies are key to remaining a market leader and are cognizant that our customers are all feeling the effects of the current economic crisis.
However, in driving sustainable business practices and customer behavior, PnP Namibia will not be providing credit facilities to our customers at this stage.Cognizant of the current economic pressure, we offer our valued customers weekly specials and a 5% Pensioners Discount on Wednesdays. In addition, we have the Budget Saver Meals that offer customers cost effective meal options for the whole family. These are only a few of the ways in which Pick n Pay Namibia continues to live the O&L Group purpose, ‘Creating a Future, Enhancing Life.”

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