South Africa's largest grocery retailer Shoprite Holdings on Monday said it is withdrawing from Uganda and Madagascar, adding to its growing list of African departures. JOHANNESBURG, Aug 23 (Reuters) ...

Those who argue that the two retailers failed to understand the economy cite locally-owned retail businesses, which are thriving and growing, even though they aren’t as big as Shoprite and don’t ...

South Africa's largest grocery retailer Shoprite Holdings on Tuesday reported a 20.3% rise in annual earnings and said it hopes to conclude the sale of assets in Madagascar and Uganda during the 2022 ...

KAMPALA, Sept 15 (Reuters) - Majid Al Futtaim, a Carrefour franchise holder, has reached a deal to take over six stores in Uganda from South African retailer Shoprite, it said on Wednesday. Shoprite ...

JOHANNESBURG, Sept 7 (Reuters) - South Africa's largest grocery retailer Shoprite Holdings (SHPJ.J), opens new tab delivered a 20.3% rise in annual earnings on Tuesday and said it hopes to sell its ...