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Shoprite
Several Shoprite stores in South Africa, Nigeria and Zambia closed
The shops were attacked after days of riots in South Africa chiefly targeting foreign-owned, including Nigerian, businesses.
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Annual earnings at Shoprite miss estimates
Shoprite is recovering from a poor first half when sales and profit were hit by a strike at its largest distribution centre at home and installation of a new enterprise IT system which disrupted supply chains.
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Why Shoprite wants to pay Christo Wiese R3.3bn
Why is Shoprite asking its shareholders to approve the payment of R3.3 billion to Christo Wiese in exchange for his high-voting shares?
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Shoprite cuts chairman Wiese's voting influence
Besides ordinary shares, Shoprite’s capital structure includes deferred shares which carry about 32.3 percent of the voting rights at Shoprite.
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#RandReport: Rand steady before Fed's policy decision, stocks down
At 1510 GMT the rand was trading at 13.6200 per dollar, little changed from a close of 13.6000 on Tuesday.
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#RandReport: Rand retreats, Naspers lifts stocks
At 1555 GMT, the rand traded at 13.8600 versus the dollar, down 0.25% from its previous close.
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Shoprite posts surprise drop in FY profit
Headline EPS, the most widely watched profit gauge in South Africa, strips out certain one-off items.
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Steinhoff investor Wiese sells part of Shoprite stake
This comes after Christo Wiese's exposure to scandal-hit retailer Steinhoff dented his fortune.
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SA’s Shoprite lifts full-year profit, meets forecasts
Headline EPS, the most widely watched profit gauge in South Africa, strips out certain one-off items.
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Shoprite CEO to retire in December
'Whitey' Basson will be replaced by the company’s Chief Operating Officer Pieter Engelbrecht.
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Cosatu: Basson’s R100m payment ‘obscenely vulgar’
The federation has accused Shoprite of exploiting workers by paying them slave wages.
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Cosatu slams Shoprite decision to pay CEO R100m
The union has called Whitey Basson’s R100m salary award a slap in the face for workers.
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OPINION: To transform Africa’s economies, African companies matter too
Zainab Usman says the role of the domestic African private sector remains poorly understood by outsiders.
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SA aims to finish inquiry into grocery market in 2017
Shoprite, Pick n Pay, Spar & Woolworths make up more than 90% of the $18 billion a year grocery market.
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Shoprite Group raises concern over price benefit on chicken imports
The group says that at least half of the 65,000 tons of chicken quota will be given to middlemen.
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Shoprite found guilty of ‘reckless lending’
Shoprite Investments & Shoprite Insurance Company Limited will now have to face a tribunal.
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Game stores close shop in Malawi over anti-xenophobia protests
Massmart group says it had to consider the safety of their customers ahead of anti-xenophobia protests.
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Shoprite posts slightly faster H1 profit growth
Shoprite, which runs nearly 200 outlets in Africa, said sales increased 12 percent to R57,4 billion.
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Shoprite snaps up Wetherlys from Ellerines
SA retailer Shoprite is buying Wetherlys stores from the unit of a failed credit lender African Bank.
