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Shoprite's share price jumped more than 3% and is trading close to its highest level in a year, after the company reported strong sales growth, and a large increase in prices.
Pietermaritzburg's Brookside Mall has opened its doors again.
A bigger and better Checkers Hyper officially opened at the rebuilt Brookside mall in Pietermaritzburg on Wednesday, 14 months after the shop was destroyed by arsonists during the July 2021 unrest.
A bigger and better Checkers Hyper officially opened at the rebuilt Brookside mall in Pietermaritzburg on Wednesday, 14 months after the shop was destroyed by arsonists during the July 2021 unrest.
Strong Checkers sales growth had a 'margin mix benefit' – sales at Checkers are generally at far higher margins than in Shoprite and USave stores.