EDGARS ZIMBABWE GETS NEW INVESTOR
South African retail giant, Edcon has completed the
disposal of its shareholding in Zimbabwe-based clothing chain Edgars Stores
Limited to Mauritius incorporated entity SSCG Africa Holdings, as the group
realigns operations to remain sustainable.
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South African retail giant, Edcon has completed the
disposal of its shareholding in Zimbabwe-based clothing chain Edgars Stores
Limited to Mauritius incorporated entity SSCG Africa Holdings, as the group
realigns operations to remain sustainable.
Edcon controlled a 41 percent stake in Edgars Zimbabwe,
which has 25 branches across the country as well as 25 Jet Stores, a
micro-finance business