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Shoprite considers divesting from Nigeria

South African retail giant, Shoprite, says it is considering divesting its Nigerian portfolio following an approach by potential investors. The announcement was welcomed by some investors, which saw Shoprite’s shares rise by 11.4 per cent, the highest in nearly two months. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.

Tue, 04 Aug 2020 11:56:29 GMT

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