South Africa’s SPAR posts higher sales but cost-of-living pressures linger

(Reuters) – South African grocery retailer and wholesaler SPAR, on Tuesday, reported an 8.8% increase in turnover for the 24 week-period ended March 15, but said operating performance continued to be impacted by currency swings and cost-of-living pressures.

(Reporting by Eva Mathews in Bengaluru; Editing by Savio D’Souza)

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