Pick n Pay, the country’s third-largest grocery retailer by market cap, will retain a 65.6% stake in Boxer. Founded in 1977 as a small operator in towns like Nquthu and Ulundi in KwaZulu-Natal, Boxer has expanded to 489 stores across South Africa and Eswatini, commanding approximately ...
Two suspected fraudsters have appeared in court on allegations of defrauding TM Supermarkets of $22 million after misrepresenting to Steward Bank that they were it’s top finance managers. Tonderai Selesio Chagweda (28) and Wellington Jombe (34) were facing fraud charges when they appeared befor...