LATEST NEWS FOR Barloworld Ltd.  

Barloworld is a distributor of leading global brands with corporate offices in Johannesburg (South Africa) and Maidenhead (United Kingdom), providing integrated rental, fleet management, product support and logistics solutions. Established in 1902 in... [more info]

Pandemic isn’t stopping corporate deal-making

20 Jul 2020 /  Ann Crotty   1
Showing the disconnect between markets and economic reality?

Open letter to Bell Equipment

2 Jul 2020 /  Kerem Aksoy and Carson Mitchell   10
The company has the potential for greatness.

Barloworld results, Redefine’s asset sales and managing record-low rates

1 Jul 2020 /  Simon Brown   
Rowan Williams of Nitrogen Fund Managers on Barloworld's results negatively impacting the stock; and Q1 GDP. Redefine CEO Andrew Konig on selling R7.7bn in non-core assets and Himal Parbhoo from FNB talks on managing your lifestyle when living off interest.

Barloworld to cut more than 2 500 jobs

1 Jul 2020 /  Roy Cokayne   25
Will exit logistics and has put its automotive arm under 'business review'.

Barloworld sees drop in H1 earnings as pandemic hits demand

30 Jun 2020 /  Tanisha Heiberg, Reuters   1
Revenue for the period is expected to decline by 12% to R25.2 billion.

JSE, rand tread lower ahead of emergency budget

24 Jun 2020 /  Suren Naidoo   2
Finance Minister Tito Mboweni is set to table government’s supplementary 2020 budget at 3pm

The more things change, the more they stay the same

8 Jun 2020 /  Ann Crotty   4
Earnings differences amplified by virus and apparent indifference noted – a look at Trencor, Tongaat, Capitec and others.

Corporate chaos, except where it was most wanted

18 May 2020 /  Ann Crotty   3
A disappointingly calm AGM amid the storm evidenced by a contractual tussle, a new ‘phrase’, a sales-ban-induced profit warning, and the JSE’s first direct Covid-19 casualty.

Altron pares dividend by 24%, freezes salaries, cuts bonuses

14 May 2020 /  Duncan McLeod   2
A number of cost-saving initiatives have been implemented for the 2021 financial year.

Puzzling share price movements

11 May 2020 /  Ann Crotty   10
Along with some answers for Anglo shareholders and the grim news that 130m litres of beer may 'need' to be destroyed.

Auto industry could take over a year to recover – TransUnion

24 Apr 2020 /  Roy Cokayne   8
Government urged to consider retail auto dealers as a key component in kick-starting other sectors when lockdown is eased.

Anglo opts for pointless AGM format

10 Apr 2020 /  Ann Crotty   1
Answers to shareholders’ questions affects how they vote on resolutions; Anglo is denying them the chance to follow that logic.

R5.3bn starch unit sale will slash Tongaat’s debt by 40%

3 Mar 2020 /  Suren Naidoo   1
Planned disposal to Barloworld, sees Tongaat's share price recover more than 9% since the Friday announcement.

Lower trading activity drops Barloworld’s profit 13%

18 Nov 2019 /  Moneyweb  
Dominic Sewela - Chief Executive, Barloworld

BEE commission ups the ante on voting rights

15 Jul 2019 /  Ray Mahlaka   15
Among the schemes that could be affected are those operated by Sasol, Barloworld, MTN and MultiChoice.

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