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    Shoprite halts Zim investment plans

    NEWSWATCH: South Africa's Shoprite has put its latest investment plans in Zimbabwe on hold according to a report on Mail & Guardian online yesterday, Monday, 12 October 2009, due to the unstable socio-economic and political landscape in the country.
    Shoprite halts Zim investment plans

    Speculation in the media has been that Shoprite has been setting its sights on acquiring OK Zimbabwe, but the nationalisation of Kingdom Meikles Africa has made various investors cautious.

    For more:

    Mail & Guardian online: Shoprite puts Zim plans on hold
    Timeslive: Shoprite decides against more investment in Zimbabwe
    Bloomberg: Shoprite Scraps Plan to Pursue OK Zimbabwe Investment

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