ABU DHABI / WAM PureHealth, the largest healthcare group in the Middle East, has announced …
Read More »Africa’s biggest grocer plunges most since 1999 on profit warning
Bloomberg Shoprite Holdings Ltd shares slumped the most since 1999 after Africa’s biggest grocer said first-half earnings dropped as much as 26 percent, with South African food deflation and IT troubles compounding weakness in the rest of the continent. Headline earnings per share declined between 16 percent and 26 percent to as little as 3.89 rand, the Cape Town-based supermarket …
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