Shoprite

Interesting story that I picked up on Moneyweb:

Shoprite Holdings Ltd., South Africa's largest grocery chain by market value, has been added to Merrill Lynch & Co.'s list of most preferred stocks, with the bank citing "excellent growth" in sub-Saharan Africa.

Full article can be found here...

My two preferred JSE listed retailers at the moment remain Pick 'n Pay (Specifically PWK) and Shoprite which is on my shopping list... Good companies / smart managers...