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SANRAL empowers local SMMEs road maintenance providers
The present upgrading of the Moloto Road north of...
Nthwese Developments gets 2018 SAPOA Property Development Award
Nthwese Developments Bambanani Shopping Centre in Diepsloot won the...
Shopping malls remain more profitable for big brands
Shopping centres are being expanded, renovated and some newly...
Tech hubs in East Africa spur next generation of disruptors
Ongoing improvement in East Africa’s economic prospects is forecast...
Climate Investor One becomes major renewable energy development funders
Climate Fund Managers (CFM), the fund manager of the...
GRIT and Hodari officially launch Mozambican Property and Asset Management Company
Grit, the only listed Africa-focused income distribution group to...
VC4A calls for African start-up entrepreneurs to apply for investment
VC4A (https://VC4A.com)  is calling for disruptive African scale-ups looking...
Sasfin Wealth appoints new Senior Portfolio Manager
Sasfin Wealth is pleased to announce the appointment of...
Cyber and digital skills top growth threats to private business
Growth confidence is high amongst private business owners, for...
SAICA charges former Eskom CFO Anoj Singh with misconduct
The South African Institute of Chartered Accountants (SAICA) announced...

Shoprite

Shoprite Group increases turnover in Africa by 6.3%

Tuesday, January 16th, 2018

Shoprite Group increases turnover in Africa by 6.3%

The Shoprite Group increased turnover by 6.3% for the six months to December 2017. Supermarkets RSA, the Group’s primary business, increased sales by 7.8% during a period when internal inflation decreased to 0.4% for the six months compared to the corresponding period’s 7.4% driven mainly by a reduction in the price of basic commodity items.

Shoprite Group total turnover increases to ZAR140.7 billion

Wednesday, July 19th, 2017

Shoprite Group total turnover increases to ZAR140.7 billion

The Shoprite Group increased total turnover by a healthy 10.4% to about ZAR140.7 billion for the 12 months to June 2017 with like-for-like turnover growth improving by 5.8%. Turnover for the 52-week period compared to the 53...

Shoprite records ZAR50bn turnover despite business challenges

Wednesday, February 26th, 2014

Shoprite records ZAR50bn turnover despite business challenges

The Shoprite Group is well on its way to achieve a turnover of ZAR100bn for its full year after half-year turnover exceeded ZAR50 billion for the first time, reaching ZAR51.090 billion. The Group continued its strong turnover...

Africa’s most valuable brands survey released

Wednesday, November 6th, 2013

Africa’s most valuable brands survey released

African Business magazine, in partnership with Brand Africa, Brand Finance Africa and TNS release the full results of their exclusive survey highlighting a full listing of Africa’s most valuable brands. As revealed last month at the African...

How to challenge brands in Africa’s emerging market

Friday, November 1st, 2013

How to challenge brands in Africa’s emerging market

McKinsey Institute research predicts that the share of Fortune Global 500 companies based in emerging markets will exceed 45% by 2025, up from just 5% in 2000. What is making these new contenders successful and which countries...