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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]

Woolworths SA CEO Zyda Rylands to take early retirement from top post

23 Aug 2021 /  Suren Naidoo   2
But board asks her to stay on until 2024 back as head of the burgeoning Woolworths Food division.

Corporate magic and the whimsy of the authorities

23 Aug 2021 /  Ann Crotty  
The magic touch can be hard to replicate (ask Walmart) while the stance of the CompCom has become impossible to anticipate: a look at Massmart, Cambridge and Rhino, Burger King, York Timber and Net1 UEPS.

Massmart sells most food assets to Shoprite for R1.36bn

20 Aug 2021 /  Nqobile Dludla, Reuters   13
To sell Cambridge, Rhino, massfresh, cash & carry.

More ups and downs for SA Inc

16 Aug 2021 /  Ann Crotty   1
A bit of a bumpy ride with some high points. A look at Naspers/Prosus, Adapt IT, Shoprite, Steinhoff and Massmart.

SA property, retail firms bet on townships despite unrest

29 Jul 2021 /  Nqobile Dludla, Bloomberg   2
At least 161 shopping malls, 11 warehouses and eight factories suffered heavy damage, sites that include tenants such as grocery chain Shoprite and Walmart majority-owned Massmart.

Mboweni and Mogajane announce R36.2bn in new economic support following unrest

28 Jul 2021 /  Suren Naidoo   23
For affected businesses, social relief for poor South Africans as well as more funds for the police and national defence forces.

The grim business of Covid-19 in SA

24 Jul 2021 /  Roxanne Henderson and Loni Prinsloo, Bloomberg   4
Just about everybody seems to be offering cover for end-of-life ceremonies in South Africa these days.

Quality SA Inc. shares at good prices

22 Jul 2021 /  Simon Brown   
Is Deryck Janse van Rensburg of Anchor making marked portfolio changes after last week? Mike Flax from Visio on the listed property sector after last week's riots. Sean Sanders, founder of Revix on Bitcoin remaining at lows for the year and alt coins.

Looting and burning impact small for major retailers

21 Jul 2021 /  Simon Brown  
‘Most of these companies plans and can finally use them’ – Chantal Marx, head of research at FNB Wealth and Investment.

Pick n Pay: 136 stores were looted, damaged

21 Jul 2021 /  Suren Naidoo   17
Two of the group’s distribution centres in Pinetown Durban were also ransacked and vandalised.

Market Watcher: BHP, Amplats shares rally on release of production updates

20 Jul 2021 /  Fifi Peters  
Chantal Marx – Head: Research, FNB Wealth and Investment

Watercrest Mall and City View are Growthpoint’s worst-hit properties in KZN

20 Jul 2021 /  Suren Naidoo   3
Seven of the group’s properties were affected by recent looting and destruction – all of which were in the province.

Over 200 Shoprite group stores looted in last week’s unrest

20 Jul 2021 /  Suren Naidoo   14
Including 69 Shoprite, 44 Usave, six Checkers, one Checkers Hyper, 54 LiquorShop outlets and 35 furniture stores.

South African troops to be deployed to troubled Mozambique

20 Jul 2021 /  Jan-Jan Joubert   26
SADC will soon have 'boots on the ground' in Cabo Delgado.

The scale of the destruction

19 Jul 2021 /  Moneyweb   80
Early estimates from some of the major players are in – and the numbers are huge.

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