US and Canadian pension giants managing nearly $2 trillion move against Shoprite CEO’s proposed $9.8 million share award

Business Insider AfricaAyodeji Adegboyega · 4 November 2026 at 13:12

Some of North America’s largest pension funds are preparing to oppose Shoprite’s proposed multimillion-dollar share award for chief executive Pieter Engelbrecht, setting up an international investor revolt at Africa’s biggest supermarket retailer.
— Business Insider Africa

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