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Dis-Chem has lost about $432 million (R7 billion) in market value in three months as the billionaire Saltzman family relinquished control following weak annual results.
efalana posted record revenue of P12.1 billion but its first profit fall since 2017, cutting the total dividend to 20 thebe from 50 thebe.
Mauritian tycoon Arnaud Lagesse is steering IBL Group deeper into African consumer markets, where East Africa now supplies 37% of group revenue.