Monday, December 6

Tag: Persianas Properties Limited

Shoprite On Shutdown, As Workers Go On Strike Over “Sale To Palms Mall Owners”
Business

Shoprite On Shutdown, As Workers Go On Strike Over “Sale To Palms Mall Owners”

Dozens of Shoprite outlets in Nigeria have been shut down as workers commenced an industrial strike action. Workers of retail giant, Shoprite have embarked on a nationwide industrial strike action demanding proper information on staff benefits as well as terms of sale to interested investors who are on course to acquire the Nigerian subsidiary of the South African retail outlet. A report by the Foundation for Investigative Journalism (FIJ) suggests that all 25 outlets of Shoprite in Nigeria have been shut down by workers. The report revealed further that the workers embarked on industrial action over claims of sale of the retail company to Palms Mall owners, Tayo Amusan and Persianas Properties Limited, without appropriate information on the terms of the acquisition, and the i...

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