Editing Shoprite Holdings Limited (section)

== Summary ==

=== '''Business Description''' ===
Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetic, and liquor products; furniture, home entertainment, and floor covering products; and liquors, electrical and household appliances, and soft furnishings. In addition, the company distributes various pharmaceutical products and surgical equipment to pharmacies, hospitals, clinics, dispensing doctors, and veterinary surgeons. As of July 04, 2021, it operated 2,913 stores under the Shoprite, Shoprite Hyper, Checkers, Checkers Hyper, Usave, Shoprite LiquorShop, Checkers LiquorShop, House & Home, OK Furniture & Power Express, MediRite Pharmacy, TransPharm, Computicket, Computicket Travel, Checkers Food Services, Freshmark, k'nect, OK Foods, OK Grocer, OK MiniMark, OK Express, Sentra, OK Liquor, and Megasave brands. Further, the company provides ticketing, and car rental and accommodation services; stadium management, capacity management, travel management, and access control solutions; and short-term insurance and treasury management services. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa.

Shoprite Holdings Limited is listed on the Johannesburg Stock Exchange (JSE), the Namibian Stock Exchange (NSX) and the Lusaka Securities Exchange (LUSE). Additionally, Shoprite Holdings recently announced that it will be listed on a secondary South African stock exchange (the A2X) from Tuesday 11 April 2023. Its primary listing (that will be the basis of this investment report) is on the JSE where it carries the ticker symbol “SHP”. Shoprite is listed on the JSE under the “Food Retailers and Wholesalers” sector and the “Consumer Staples” industry. As of 2 August 2023, the current stock price of Shoprite is 258.68 ZAR and the market capitalization is around141.76 billion ZAR. Shoprite is part of the JSE Top 40 Index and is identified as a liquid stock that has a high trading volume.