Claim that Shoprite is to close
Shoprite Limited, a South African company announced the plans for closure of all branches in Uganda on Monday. Branches in Lugogo, Village mall in Bugolobi,Acacia mall, Kololo and Victoria mall in Entebbe.
According to reports, Shoprite limited has been weighing options of continuity in Uganda but all in vain. The increased currency inflation and limited profits has led to the closure.