Shoprite's first-half profit gained 7.4% despite tougher trading environment
date:Feb 27, 2014
can countries increased by 15 percent, excluding currency swings.

South African middle- and lower-income consumers, many of them overburdened with debt, are struggling to make ends meet due to spiralling increases in their living expenses and transport costs, the company said. The consequent lack of disposable income has a severe impact on the retail environment.

Shoprite was among several local retailers that closed stores on December 15 for the funeral of former South African President Nelso
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