Chamwe Kaira
Namibia and other Common Monetary Area (CMA) countries’ segments contributed 6% of total sales of building materials retailer Cashbuild for the third quarter of its 2026 financial year.
The segment grew by 4% and maintained similar growth levels year to date. Growth came from existing stores, with no contribution from new outlets.
Cashbuild said it recorded modest growth in its latest operating segment results.
Total sales grew by 3%. New stores contributed 2%, while existing stores added 1%. Year-to-date growth stood at 5%, supported by 3% from new stores and 2% from existing outlets.
South Africa remained the main contributor, accounting for 83% of total sales. The segment grew by 4%, with equal contributions from new and existing stores.
Quarterly growth reached 9%, driven by a 7% increase from existing stores.
The other segment, which includes operations in Botswana and Malawi, contributed 4% of total sales and grew by 5% over the half-year period.
The segment declined by 37% during the quarter and remains down 10% year to date. Malawi’s results were included only up to its disposal on 29 December 2025.
The group opened one new store and closed six underperforming outlets during the quarter. This brought the total number of stores to 317.
Cashbuild operates in South Africa, Namibia, Lesotho, Botswana and Eswatini.
It employs 6 046 people and has been listed on the JSE Securities Exchange (JSE) since 1986.
In Namibia, the company has stores in Windhoek, Ondangwa, Oshakati, Outapi and Swakopmund.
