{"id":40819,"date":"2021-03-02T15:51:19","date_gmt":"2021-03-02T15:51:19","guid":{"rendered":"http:\/\/watchdogplusmedia.com\/?p=40819"},"modified":"2021-03-02T15:51:19","modified_gmt":"2021-03-02T15:51:19","slug":"shoprite-employees-protest-wages-reveal-new-owner-set-to-takeover-in-april","status":"publish","type":"post","link":"https:\/\/watchdogplusmedia.com\/?p=40819","title":{"rendered":"Shoprite employees protest wages, reveal new owner set to takeover in April"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/www.ripplesnigeria.com\/wp-content\/uploads\/2021\/03\/image-18.jpg\" alt=\"Shoprite employees protest wages, reveal new owner set to takeover in April\"\/><\/figure>\n\n\n\n<p>Shoprite employees have protested unpaid gratuity, as they accuse the South African-owned supermarket of selling off the Nigerian subsidiary without seeing through their memorandum of understanding (MOU).<\/p>\n\n\n\n<p>According to one of the protesters in a video shared online, Shoprite and the national body for the employees were supposed to meet last month, February, over wages of the employees, but the meeting didn\u2019t hold.<\/p>\n\n\n\n<p>The protesters blocked the entrance of&nbsp;<a href=\"https:\/\/www.ripplesnigeria.com\/court-bars-shoprite-from-transferring-assets-over-10m-judgment-debt\/\">Shoprite<\/a>&nbsp;in Ikeja City Mall (ICM) to make their displeasure known concerning how the management of Shoprite was handling the situation.<\/p>\n\n\n\n<p>The protesters alleged that the Nigerian subsidiary has been sold to new owners, who are expected to takeover Shoprite Nigeria next month, April 2021. The revelation of new ownership corresponds with Shoprite\u2019s announcement in 2020, that it will exit the Nigerian market.<\/p>\n\n\n\n<p>Shoprite said it wants to divest its holdings in Retail Supermarkets Nigeria \u2013 owners of Shoprite Nigeria \u2013 to focus on its homefront, which is South Africa.<\/p>\n\n\n\n<p>This means about 26 outlets owned by Shoprite South Africa in Nigeria will go under the new ownership.<\/p>\n\n\n\n<p>Shoprite Nigeria is worth about N24 billion according to its financial statements, this reveals the amount range new owners will pay to takeover Shoprite. The company had planned 2020 for its exit, although the South African retailer hasn\u2019t confirmed it has fully exited thevNigerian market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shoprite employees have protested unpaid gratuity, as they accuse the South African-owned supermarket of selling off the Nigerian subsidiary without seeing through their memorandum of understanding (MOU). According to one of the protesters in a video shared online, Shoprite and the national body for the employees were supposed to meet last month, February, over wages [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_mi_skip_tracking":false},"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shoprite employees protest wages, reveal new owner set to takeover in April &raquo; WatchDog Plus Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/watchdogplusmedia.com\/?p=40819\" \/>\n<meta name=\"author\" content=\"Odofin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/watchdogplusmedia.com\/?p=40819#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/watchdogplusmedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/watchdogplusmedia.com\/?cat=4\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Shoprite employees protest wages, reveal new owner set to takeover in April\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shoprite employees protest wages, reveal new owner set to takeover in April &raquo; WatchDog Plus Media","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/watchdogplusmedia.com\/?p=40819","author":"Odofin","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/watchdogplusmedia.com\/?p=40819#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/watchdogplusmedia.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/watchdogplusmedia.com\/?cat=4"},{"@type":"ListItem","position":3,"name":"Shoprite employees protest wages, reveal new owner set to takeover in April"}]}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Odofin","author_link":"https:\/\/watchdogplusmedia.com\/?author=2"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/watchdogplusmedia.com\/?cat=4\" rel=\"category\">Business<\/a>","rttpg_excerpt":"Shoprite employees have protested unpaid gratuity, as they accuse the South African-owned supermarket of selling off the Nigerian subsidiary without seeing through their memorandum of understanding (MOU). According to one of the protesters in a video shared online, Shoprite and the national body for the employees were supposed to meet last month, February, over wages&hellip;","_links":{"self":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/40819"}],"collection":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40819"}],"version-history":[{"count":-4,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/40819\/revisions"}],"wp:attachment":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}