SA’s largest non-grocery retailer Pepkor has thrown in the towel in the Zimbabwe market after struggling to trade amid soaring inflation, fuel shortages and stagnant wages. 

The company, whose brands include Pep Stores, Ackermans and Shoe City, has closed the remaining 20 stores in Zimbabwe, bringing to an end its 20-year presence in that country...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now