Shoprite Checkers launches R8.9bn BEE employee scheme - News24
5/17/2022 12:00:00 AM2 years 11 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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