South Africa’s richest area getting a new shopping centre

• The new shopping centre, M1 Value Mart, is being built in Wynberg, Johannesburg, and is expected to open in 2027.
• The centre will have 12 shops, including a supermarket, pharmacy, and fast-food brands, and will be focused on delivering value and savings to customers.
• The M1 Value Mart will face competition from nearby retail options, but reflects a growing trend in retail of opening affordable retail centres, particularly in rural areas and townships.