Shoprite annual sales growth slowed by Angola
Africa’s biggest supermarket chain Shoprite Holdings said on Wednesday annual turnover increased by 3.3% missing analyst estimates, as problems stemming from currency devaluation in Angola weighed on group performance.
Total turnover grew to about 145.6 billion rand (US$10.90 billion) in the 12 months to June 2018, Shoprite said in its operational update. That compared with a consensus forecast o
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