xPersianas is buying Shoprite’s Nigerian business after the South African retailer decided to retreat from other African markets. The company in August 2020 announced that it will be exiting the Nigerian market after over 15 years. “As such, Retail Supermarkets Nigeria Limited may be classified as a discontinued operation when Shoprite reports its results for the year. xWhile the company is yet to give further details of its exit plans from the Nigerian market, the announcement has led to a series of heat between Shoprite and its employees. “We are here to fight for our rights – our payoffs and compensation,” a male Shoprite staff told The Guardian in March 2021.

Source: The Guardian April 14, 2021 11:26 UTC