Shoprite Checkers launches R8.9bn BEE employee scheme - News24
5/17/2022 12:00:00 AM3 years 9 months ago
by Compiled by Ahmed Areff
by Compiled by Ahmed Areff
The Shoprite Group is issuing R8.9 billion worth of Shoprite Checkers shares to its employees through a new black economic empowerment (BEE) trust, effectively increasing black ownership in the subsidiary to 19.2%.
The Shoprite Group is issuing R8.9 billion worth of Shoprite Checkers shares to its employees through a new black economic empowerment (BEE) trust, effectively increasing black ownership in the subsi… [+1504 chars]
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