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Fact-a-Day

March 26, 2007

Good news for the poor. Shareholders too

The poor will receive over R62 billion in social grants in the 2007/08 financial year. This is more than double the total turnover of Shoprite Holdings inSouth Africa (R30.2 billion for 2005/06). (SA Social Security Agency Strategic Plan, Shoprite financial statements)

This week's theme: The Bottom of the Pyramid is back

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