Tag: pick and pay

Pick n Pay eyes further expansion for Boxer stores

Pick and Pay was not the grocer of choice on the stock market today with the share price tumbling over 13 per cent after it reported a drop in annual profits, mainly due to challenges in Zimbabwe and Zambia. The retailer also said it would defer its annual dividend to preserve cash due to the complexities of Covid19. Pick n Pay CEO, Richard Brasher joins CNBC Africa for more.