Shoprite

Shoprite Holdings – Africa’s largest grocer – on Tuesday delivered another robust full-year performance, with double-digit growth in headline earnings and dividends for the year ended 3 July 2022. The group’s liquor, Usave and upper market…

Africa’s largest food retail group Shoprite Holdings has secured R3.5 billion from the country’s largest banks to further invest in various environmental and renewable-energy linked projects. The JSE-listed group on Monday revealed that it…

Struggling JSE-listed retailer and wholesaler Massmart is closer to banking R1.36 billion after the Competition Commission (CompCom) on Friday backed the sale of the group’s loss-making Cambridge and Rhino chains (and related food…

Shoprite Holdings has been forced to source cooking oil, wheat and maize products from alternative countries as the war in Ukraine disrupts Black Sea supplies, the CEO of South Africa’s largest grocery retailer said on Tuesday. With…

Former chair of Shoprite Holdings Christo Wiese has purchased 20 000 single stock futures contracts on the open market to a total value of R413.6 million. The announcement was made by the group on Friday. Wiese, who retired as chair of the…