Shoprite, Africa’s biggest food retailer, reported an 18,6% rise in first-half profit on Tuesday, helped by higher prices, a favourable exchange rate and above-inflation wage increases for consumers in South Africa, its main market. Click here to read more.
Elsewhere on Ventures
Business
- Nigeria LNG Limited (NLNG) faces arbitration hurdles as Shell tables claims against Venture Global LNG over unsuppplied cargoes
- Mr Eazi expands into the sports betting industry with Choplife.ci
- Lagos plays host to the Africa Technology Expo this June
- Did MultiChoice’s alleged currency exchange scandal affect Canal+’s mandatory buyout offer?
Policy
- Why Mauritius and Seychelles are the only African countries granted visa-on-arrival access to the UAE
- Protecting the personal data of Africans requires adequate legislation
- What does Bassirou Diomaye Faye’s fairytale victory mean for Senegal?
- Resolving disputes in the gas sector – Is arbitration a way to go?
Life
- Visa Player Escort Program makes dreams come true for Ivorian children
- My Pivot Journal: Jennifer Daniel’s exciting journey from Talent Management to Product Design
- Ibukun Awosika elongates impact trail at 3rd International Women Leadership Conference
- Bloomfield LP celebrates 17th anniversary with spectacular sailing race at the Lagos Yacht Club
Innovation
- Beyond inspiration, why June Barasa pushes for women’s growth in tech, not just entry
- Empowering women in Nigerian healthcare: How Medic West Africa is fostering connections and addressing challenges
- Ghana’s tax policy expansion involves taxing the gig economy and content creators
- Industries heavily affected by the widespread internet disruption in Africa