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Picture: FREDDY MAVUNDA
Picture: FREDDY MAVUNDA

Spar has been hit by a triple whammy. During the half-year period, the retailer had to contend with increased costs, elevated interest rates and IT-related challenges. This resulted in a 30% slump in headline earnings per share. Business Day TV spoke to the company’s executive chair and acting CEO, Mike Bosman, for more insight into Spar’s financial performance.

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