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Whitey Basson

Pick n Pay: Summers is back, but will the Ackermans check out?
Business
/ 7 October 2023

Pick n Pay: Summers is back, but will the Ackermans check out?

The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control

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Shoprite among firms that failed in Africa, Europe, Australia
Business
/ 22 September 2021

Shoprite among firms that failed in Africa, Europe, Australia

Corporate South Africa is feeling the Covid-19 pinch. But is there space for growth domestically?

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Article
/ 19 February 2008

Shoprite half-year earnings rise, but trouble ahead

South African retailer Shoprite reported a 55,1% rise in half-year headline earnings per share, as an emerging black middle class spent freely, but said it faced tougher times in the year ahead. Diluted headline earnings per share — the main profit measure in South Africa — rose to 128,4 cents, while revenue climbed 21,7% to R19,105-billion.

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