Tag: Shoprite

Enugu govt shuts down ShopRite, SPAR, others overtax evasion
News

Enugu govt shuts down ShopRite, SPAR, others overtax evasion

Enugu State Internal Revenue Service has taken a stern measure against major supermarkets in the state, including ShopRite and SPAR, by sealing their outlets over allegations of failure to remit purchase tax to the government despite several warning notices. ESIRS officials, during an enforcement drive on Tuesday morning, also targeted other malls, including Roban and […]

South African billionaire Wiese sells Shoprite shares worth $49.5m
Business

South African billionaire Wiese sells Shoprite shares worth $49.5m

A South African billionaire and Shoprite’s largest stakeholder, Christoffel Wiese, with an 11.58% interest that was formerly valued at over $900 million as of September 10th, has made the decision to sell Shoprite shares worth $49.5m The Times reported that this is in accordance with a notice posted on their website. His $1.1 billion fortune, which […]