Shoprite Holdings Limited drops plan to leave Nigeria

South African superstores, Holdings Limited, has stated it will auction its outlets in Nigeria, The Nation can report.The decision, it said, was informed by the COVID-19 pandemic, which it said has affected businesses worldwide.
Shoprite
EARN MONEY: I Use QUIZBANGO To Take Quiz And They Pay Me Per Day. CLICK TO JOIN,

Supported Countries Include: Nigeria 🇳🇬, Ghana 🇬🇭, Kenya 🇰🇪, South Africa 🇿🇦, Uganda 🇺🇬, Tanzania 🇹🇿, Rwanda 🇷🇼

You Too Can Make Money Online Taking Quiz

CLICK TO JOIN NOW and GET PAID TO TAKE QUIZ

In its “Operational and Voluntary Trading Update (52 Weeks Ended 28 June 2020)” released on Monday, the megastores with presence in virtually all parts of Nigeria said the retail supermarkets arm will be disposed.The update reads: “Following approaches from various potential investors, and in line with our re-evaluation of the Group’s operating model in Nigeria, the Board has decided to initiate a formal process to consider the potential sale of all, or a majority stake, in Retail Supermarkets Nigeria Limited, a subsidiary of International Limited.“As such, Retail Supermarkets Nigeria Limited may be classified as a discontinued operation when reports its results for the year. Any further updates will be provided to the market at the appropriate time.”Details shortly…
Share This post
EARN MONEY: I Use QUIZBANGO To Take Quiz And They Pay Me Per Day. CLICK TO JOIN,

Supported Countries Include: Nigeria 🇳🇬, Ghana 🇬🇭, Kenya 🇰🇪, South Africa 🇿🇦, Uganda 🇺🇬, Tanzania 🇹🇿, Rwanda 🇷🇼

You Too Can Make Money Online Taking Quiz

CLICK TO JOIN NOW and GET PAID TO TAKE QUIZ

Leave a Reply

Your email address will not be published. Required fields are marked *