Shoprite spent R1.3 billion on diesel to power generators so that it could keep operating during load shedding.
South Africa’s biggest retailer Shoprite has spent well over R1 billion on diesel to power generators to help mitigate the effects of load shedding.
Checkers and Checkers Hyper saw reported sales growth of 18.0%, whilst Shoprite and Usave saw growth of 15.6%. Despite the growth in customers and increasing market share, the group said several issues still affected the period. . It is important to note that this cost became significant at higher stages of load shedding, which occurred from September 2022,” the group said.
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