The Latest South African Retailer to Retreat from other African Markets

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Shoprite Holdings is considering reducing or selling all of its stake in its Nigerian subsidiary. The company has been reviewing its long-term options in Africa as currency devaluations, supply issues and low consumer spending in Angola, Nigeria and Zambia ...

from Google Alert - Business https://ift.tt/2Dwo5MJ
Shoprite Holdings is considering reducing or selling all of its stake in its Nigerian subsidiary. The company has been reviewing its long-term options in Africa as currency devaluations, supply issues and low consumer spending in Angola, Nigeria and Zambia ... https://ift.tt/eA8V8J

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