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LATEST NEWS FOR Shoprite Holdings Ltd.  

Shoprite is an investment holding company listed on the Johannesburg Stock Exchange Ltd. in the 'food retailers & wholesalers' sector. Secondary listings are also maintained on the Namibian and Zambian Stock Exchanges. Cash income is derived mainly f... [more info]

Equites remains bullish, with R4.2bn in deals on the cards

6 Oct 2021 /  Suren Naidoo  
Logistics-focused property counter delivers robust results and continues investment drive.

Sasria has paid out R5.8bn in July unrest claims so far

5 Oct 2021 /  Akhona Matshoba   20
It's set to receive a R3.9bn lifeline from Treasury, and says it will need more capital injections going forward.

Checkers vs Woolies over the last decade

30 Sep 2021 /  Moneyweb   27
The two businesses are vastly different (and bigger) than they were in 2011 …

Is the market more interesting now than it was a month ago?

27 Sep 2021 /  Ryk van Niekerk   1
‘I think we forget that some of SA's companies are still decent businesses with decent balance sheets’: Alwyn van der Merwe from Sanlam Private Wealth.

What Ninety One is buying and selling

20 Sep 2021 /  Ryk van Niekerk    5
And why – Hannes van den Berg, co-head of SA Equity & Multi-Asset within the 4Factor team at the asset manager explains.

Shoprite sells its six stores in Uganda

15 Sep 2021 /  Elias Biryabarema, Reuters  
To Carrefour franchise holder Majid Al Futtaim.

Another case of overpaying in the Naspers/Prosus stable …

13 Sep 2021 /  Ann Crotty   3
While Anglo American sees some interesting share price movements, Shoprite shareholders celebrate, Tongaat should beware of activist investors, and Brikor and AEEI span the spectrum of apathy.

Checkers FreshX to compete with Woolworths

8 Sep 2021 /  Akhona Matshoba   5
Group posts record two-year market share gains; aims to increase store footprint by almost 200 stores by 2022.

Global supply chains under pressure into 2022

8 Sep 2021 /  Simon Brown  
Kruger International's Mia Kruger unpacks Shoprite's excellent results. Denys Hobson of Investec talks global supply chains remaining under pressure as the peak shipping period approaches. Sean Sanders from Revix on the meteoric rise of Solana.

Shoprite pays record dividend, creates nearly 4 000 jobs in past year

7 Sep 2021 /  Fifi Peters   6
The ‘Xtra Savings’ reward programme now boasts over 21 million registered customers. The group aims to be Africa's ‘most accessible, affordable and innovative retailer,’ says CEO Pieter Engelbrecht.

Shoprite betaal rekord dividend

7 Sep 2021 /  Ryk van Niekerk  
Pieter Engelbrecht – Hoof uitvoerende beampte, Shoprite

Shoprite profit gains as grocery shoppers spend more per visit

7 Sep 2021 /  Bloomberg News   8
Despite drop in customer numbers.

Executive remuneration: TFG’s misunderstood shareholders and a cheeky move at Old Mutual

6 Sep 2021 /  Ann Crotty   15
Musings on the retailer and insurer both failing to get approval on remuneration policies, as well as a brief look at developments at Prosus, Ayo and Shoprite.

Powell signals risk trade is back on

30 Aug 2021 /  Simon Brown   
Sanlam's Nick Kunze talks markets as Jerome Powell kicks the can down the road at the Jackson Hole conference. A look at Bonang Mohale's Serialong Trust as it converts a Purple Group loan into 11.46% shares in the group. Andrew Waller, Grindrod CEO, unpacks results as the commodity and agri booms boost profits.

Nigeria’s UAC to buy minority stake as Tiger Brands exits

29 Aug 2021 /  Chijioke Ohuocha, Reuters  
Other South African companies that expanded into Nigeria and have since decided to leave are Shoprite and Massmart.

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