Johannesburg, Gauteng, SA (May 18, 2020) – Shareholders are referred to the SENS announcement issued on 30 March 2020 which provided an update of the impact of the Covid-19 national lockdown on the Massmart Group. As previously reported, Massmart supports the measures the South African Government has outlined to contain the sp ...more

Bellevue, Switzerland (May 19, 2020) – Richemont announced that it has successfully placed a Euro denominated bond transaction with a volume of €2.0 billion.       The transaction launched on 18 May with three tranches maturing in 2028, 2032 and 2040. The notes are priced with a coupon o ...more

Durban, KZN, SA – Mr Price Group wishes to affect a capital raise of up to 10% of the company’s ordinary issued shares at an appropriate point in time and as market conditions permit.       The COVID-19 pandemic has brought about and highlighted significant risks across all business se ...more

Cape Town, W Cape, SA (August 20, 2019) – Sale of merchandise increased by 3.6% R150.4 billion (2018: R145.1 billion), gross profit grew 1.8% to R35.3 billion (2018: R34.7 billion) whilst operating profit was 8.2% lower at R6.9 billion (2018: R7.5 billion). Profit attributable to owners of the parent was recorded at R4.3 billion ...more

Cape Town, W Cape, SA (August 15, 2019) – Revenue for the year increased by 1.7% to R19.6 billion (2018: R19.3 billion), gross profit was 1.7% higher at R9.3 billion (2018: R9.2 billion) whilst operating profit dropped by 58.1% to R1.7 billion (2018: R3.9 billion). Profit for the period attributable to equity holders of the company ...more

Cape Town, W Cape, SA (August 1, 2019) – Retail sales of Truworths International Ltd. (the ‘Group') for the 52-week period ended 30 June 2019 (the ‘current period') increased by 3.7% to R18.6 billion relative to the R18.0 billion reported for the 52-week period ended 1 July 2018 (the ‘prior period').   ...more