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Shoprite plans to exit Ghana and Malawi, focusing instead on its South African market.
Shoprite, South Africa's largest grocery retailer, plans to exit its operations in Ghana and Malawi, citing challenges like currency volatility and high import duties.
The company is consolidating its African activities to focus more on its home market.
Shoprite expects headline earnings per share from continuing operations to rise between 9.4% and 19.4% in the next fiscal year, with group sales up by 8.9% to $14 billion.
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Shoprite planea salir de Ghana y Malawi, centrándose en su mercado sudafricano.