Spar surprise as profit grows by double digits
(WorldNews Business)

JOHANNESBURG - The Spar Group rose more than 7 percent on the JSE on Wednesday after the retailer confounded the country´s stagnant economy with double-digit growth in profits for the year to the end of September. Spar jumped the most since 2015 after the group said that its profit increased 18.4 percent to R2.16 billion from R1.83bn last year, while turnover inched up 8.4 percent to R109.5bn against the backdrop of markets that remain tough in all regions of operations. The group said...