Shoprite Group Named News24’s Company Of The Year
Shoprite Group Named News24’s Company Of The Year. The Shoprite Group was named Company of the Year at the News24 Business Awards in Cape Town.
The awards recognise companies and CEOs who are doing excellent work in building their businesses, while also going above and beyond in communication, transparency and contributing to South Africa. The Company of the Year award recognises a JSE-listed business that has delivered strong returns for its shareholders over the medium term, while also excelling in innovation, operational effectiveness, and strategy.
Shoprite stood out on all these counts. It is pushing new frontiers and has revolutionised the local landscape, not only with online shopping and home delivery but also by launching a range of new businesses in different sectors. “One company stood out. It has truly changed the local landscape – it revolutionised online shopping and home delivery, along with building a range of new businesses and upending traditional ways of doing things in these sectors.” says Business editor, Helena Wasserman.
According to the Group’s Chief Executive Officer, Pieter Engelbrecht, says, “the award is a symbol of ordinary people doing the extraordinary”. The group is dealing with the realities of doing business in South Africa with pioneering approaches in areas of artificial intelligence, renewable energy and security management.