Shoprite Holdings Ltd (“Shoprite Holdings”) is an investment holding company listed on the Johannesburg Stock Exchange Limited (JSE) in the “Food Retailers and Wholesalers” sector. Secondary listings are also maintained on the Namibian and Zambian Stock Exchanges.
The Shoprite Group is Africa’s largest fast-moving consumer goods retailer. Its core business is in food retailing, complemented by furniture, pharmaceuticals, hospitality, ticketing, digital commerce, and financial and cellular services.
The Group, headed up by CEO Pieter Engelbrecht, has a portfolio of over 2,800 stores, and operates in multiple countries across Africa. In FY2021, the Group concluded the sale if its Nigerian supermarket business, closed its operations in Kenya and was in the process of selling the operations in Madagascar and Uganda.
For insight into Shoprite’s financial & operational performance and strategic growth imperatives, contact Trade Intelligence on 031 303 2803 or info@tradeintelligence.co.za