A shopper waits outside the Woolworths store at the Trade Route Mall in Lenasia outside Johannesburg, South Africa, February 8, 2023. Siphiwe Sibeko Home World Africa Woolworths flags slower profit growth as Middle East conflict, higher rates weigh on consumers July 30th, 2026 | 07:23 AM WORLD Africa 1 Facebook Twitter Google+ LinkedIn Pinterest By Nqobile Dludla South African retailer Woolworths Holdings (WHLJ.J) said on Thursday it expects annual profit to rise modestly after a tough second half, as higher fuel prices, inflation and interest rate rises linked to conflict in the Middle East curbed consumer spending.