Shoprite Holdings Limited (South Africa)

The Shoprite Group of Companies, Africa's largest food retailer, operates 1649 corporate and 371 franchise outlets in 15 countries across Africa and the Indian Ocean Islands, and reported turnover of R57.469 billion for the six months ended December 2014. The Company's headquarters are situated in the Western Cape province of South Africa. Shoprite Holdings Ltd is a public company listed on the JSE Limited, with secondary listings on both the Namibian and Zambian Stock Exchanges. Its ownership therefore lies in the hands of its shareholders. The Group is continuing its implementation of a strategic expansion programme to maintain its position as the leading food retailer on the continent. Through the years supermarkets in the Shoprite stable have proved to be firm favourites with South African consumers. Consumers turn in increasing numbers to the Group’s three supermarket chains, and according to recent research from AMPS the Group’s chains are now being frequented by 71% of all South African shoppers. Since December 2013, the retailer created 13 183 new jobs. It currently employs just under 130 000 people.