Shoprite Holdings Ltd (SHPJ.J)
JOHANNESBURG, Sept 15 South Africa's Steinhoff priced the initial public offering (IPO) of its African unit at 20.50 rand on Friday, the middle of the marketed range and valuing the business at about 71 billion rand ($5.40 billion).
* National Consumer Tribunal handed down judgment finding shoprite guilty of reckless lending Source text for Eikon: Further company coverage:
JOHANNESBURG, Sept 6 South African retailer Shoprite has been fined 1 million rand ($77,500) for failing to assess properly whether consumers could afford its loans, the National Consumer Tribunal said on Wednesday.
JOHANNESBURG, Sept 5 South African retailer Shoprite's shareholders approved a buyback of former chief executive Whitey Basson's shares for 1.75 billion rand ($136 million), the company said on Tuesday.
JOHANNESBURG, Sept 4 South African retailer Steinhoff International is offering investors up to 23.2 percent of its African arm, Steinhoff Africa Retail (STAR), which it aims to list on the Johannesburg stock market on Sept. 20, the company said on Monday.
JOHANNESBURG, Aug 31 South Africa's Steinhoff , the world's second-biggest furniture retailer after IKEA, reported a 48 percent jump in nine-month sales on Thursday, helped by acquisitions and growth in its European and African operations.
* Declares final dividend of 313 cents, flat on 2015 (Adds spending plans, CEO quotes)
JOHANNESBURG, Aug 22 South Africa-based Shoprite matched estimates with a 12 percent rise in annual profit on Tuesday, as consumers battling recession and job losses turned to its non-frills outlets.
JOHANNESBURG, Aug 22 Shoprite, Africa's biggest grocer, largely met estimates with a 12 percent rise in annual profit on Tuesday, as consumers battling recession and job losses turned to its non-frills outlets.
* FY DILUTED HEADLINE EARNINGS PER SHARE ROSE 11.9% - FROM 900.3 CENTS TO 1,007.4 CENTS