# @globalnomad2030 on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DbNwNyNjUoL
- **Gondola URL:** https://gondola.cc/posts/68329825-globalnomad2030-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/0f102fed7a.jpg
- **Posted:** 2026-07-25T11:55:02.000+00:00
- **Account Owner:** Julius Besiole David (@globalnomad2030) — https://gondola.cc/globalnomad2030

## Caption

Pick n Pay just lost an entire country. The local partner that ran its 19 Namibian stores for 27 years just walked.

That partner is Ohlthaver & List. On 1 July 2025 O&L ended the franchise and rebranded every store to Model, its own name since 1965.

Two reasons. The SA parent is bleeding, selling down Boxer to cut debt. And O&L had the cash, N$6.5bn from selling control of Namibia Breweries to Heineken in 2023.

A franchise is a rental. After 27 years O&L owned the buildings, the staff, the customers, everything but the name. So they stopped paying for it.

You walk when you outgrow what you pay for.

#PicknPay #Namibia #Retail #GlobalArbitrage #OhlthaverAndList

## Stats

- **Views:** 31,093
- **Likes:** 2,304
- **Shares:** 0
- **Comments:** 39

## Tags

retail, ohlthaverandlist, picknpay, namibia, globalarbitrage

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