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Shareholder Reset For South Africa’s Biggest Duty-Free Retailer

Forbes•Tuesday, October 21, 2025 at 12:23:45 AM
PositiveFinancial Markets
Shareholder Reset For South Africa’s Biggest Duty-Free Retailer
Big Five Duty Free, South Africa's largest duty-free retailer, is undergoing a significant transformation with the appointment of a new chairman and CEO. This leadership change comes with ambitious growth objectives, particularly focusing on supporting small and medium enterprises (SMEs), especially those owned by women. This initiative is crucial as it not only aims to boost the company's market presence but also empowers local entrepreneurs, fostering economic growth and inclusivity in the retail sector.
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