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South Africa

S.Africa's RCL Foods Points To Recovery After Annual Loss

S.Africa's RCL Foods Points To Recovery After Annual Loss

South Africa's RCL Foods reported an annual loss on Monday reflecting the impact of COVID-19 and a 1.5 billion rand (€75 million) impairment on i...

South Africa's Massmart Ups Cost-Saving Target As Loss Widens

South African retailer Massmart Holdings Ltd has raised its three-year cost saving target to 1.9 billion rand ($113 million) as it seeks to halt...

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