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Business & Finance

Payout by Top Africa Grocer Shoprite Beats as It Buys Vida Chain

Bloomberg Markets Tuesday 01 September 2026, 06:58 UTC By Janice Kew 1 min read
Key Points

Shoprite Holdings Ltd.’s dividend beat estimates as profit rose, with Africa’s biggest grocer buying the Vida e Caffè coffee-shop chain and a majority stake in R&A Cellular to give it more exposure to quick-service restaurants as well as the technology and payments space.

Shoprite Holdings Ltd.’s dividend beat estimates as profit rose, with Africa’s biggest grocer buying the Vida e Caffè coffee-shop chain and a majority stake in R&A Cellular to give it more exposure to quick-service restaurants as well as the technology and payments space.
Top Africa Grocer (ORG) Shoprite (PERSON) Shoprite Holdings Ltd.’s (ORG) Africa (LOCATION)
Originally published by Bloomberg Markets Read original →

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