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Can Africa’s youth change the course of retail?

One cannot be castigated for believing that Africa’s biggest export is economic refugees. But those who aren’t jumping the fence are quietly ushering in a significant swell in retail. For them, it is not the fast moving trains into Europe that appeal but rather fast selling brands.

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PIC opposes Shoprite CEO’s R50m pay

  • Staff Writer: By: Janice Kew
Shoprite Holdings’s largest shareholder voted against the South African food retailer’s remuneration policy because the R50.1m pay awarded to CEO Whitey Basson is mostly a fixed payment, rather than a performance-based salary.

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