Spar shareholders unhappy with how much executives are set to earn
Spar's four executive directors cost the retailer north of R58.8 million in salary packages in 2025.
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Spar's four executive directors cost the retailer north of R58.8 million in salary packages in 2025.
The retailer said it expects its headline loss per share to be more than 20% higher than last year's.
Despite its massive investment and plan to break even by 2028, Old Mutual Bank’s expansion strategy is challenged by the looming entry of Pepkor and Shoprite, which already operate retail finance services at scale.
Two of Africa’s most prominent B2B e-commerce companies, Kenya’s Wasoko and Egypt’s MaxAB, have announced they have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal retail sector. Previously known as Sokowatch, Wasoko closed a…