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Shoprite deal awaits FCCPC approval as parties agree to franchising arrangement with Persianas

Shoprite Nigeria is awaiting FCCPC approval to conclude its sale to Nigerian property development company, Persianas. Nairametrics reported last year that Shoprite South African holdings was looking to spin off its Nigerian assets as it moves to decouple struggling businesses outside South Africa. Shoprite also sold off its interest in Kenya.
According to sources with knowledge of the matter, the Nigerian sale is awaiting regulatory approval from FCCPC an acronym for the Federal Consumer Competition Protection Commission, a relatively new regulatory body that wields enormous power including approving mergers and acquisitions that affect the interest of consumers. It is unclear how long the transaction will take to be consummated. ....

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Fragments: First-hand accounts of the February 2011 Earthquake

Fragments: First-hand accounts of the February 2011 Earthquake
Katy Gosset
© RNZ / Nate McKinnon
Warning: This story contains a first-hand account of the Christchurch 2011 earthquake that may be distressing for some readers.
First Person - I still can t remember why I was there.
But, on Tuesday 22 February 2011, some errand had me and my 10-month-old baby at the Palms Shopping Mall, about 4.5km north-east of the Christchurch CBD.
RNZ journalist and now Podcast producer Katy Gosset wasn t working on the day of the earthquake because at the time she was on maternity leave. Photo: RNZ / Nate McKinnon
I was in a shoe shop when the lights went suddenly dim. I heard a slightly distant, low whistling sound and felt myself sway in a slow, lateral movement. ....

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Fragments: First-hand accounts of the February 2011 Earthquake

Fragments: First-hand accounts of the February 2011 Earthquake
rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.

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Garage innovation: Couple brings immersive entertainment experience to Christchurch

Garage innovation: Couple brings immersive entertainment experience to Christchurch
idealog.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idealog.co.nz Daily Mail and Mail on Sunday newspapers.

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