1 June 2021 | Would you rather own Spar or Shoprite’s shares?

South Africa’s “go to” store, SPAR posted their half year results to March 31, 2021 a few days ago. The results were fair and despite ongoing uncertainty around the effects of the COVID 19 Pandemic, The SPAR Group (SGRP) declared an interim gross cash dividend of 280 cents per share.

The above and further comments are based on the article published on Moneyweb on the 25th of May  Switzerland and Ireland shine for Spar, but Southern African growth slows - Moneyweb

In the article it states that The SPAR Group, which owns grocery and wholesale businesses in South Africa, several other African Countries and also in Switzerland, Poland and Ireland have posted a positive set of interim results for the half-year ending March 31, 2021.

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