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LATEST NEWS FOR Barloworld Ltd.  

Barloworld is an industrial processing, distribution and service company which distributes leading international brands. In our Original Equipment Manufacturers (OEM) businesses we provide integrated sales, rental, fleet management and product suppor... [more info]

Scandals prove easier to survive than a sharp tongue

15 Feb 2021 /  Ann Crotty   1
Impatience and insensitivity lead to resignation of audit firm chair. Plus a look at Net1, Truworths, Mr Price and Barloworld.

Barloworld’s new strategy draws questions

1 Feb 2021 /  Roy Cokayne   8
Group is repositioning itself to focus on industrial equipment and services, and consumer industries.

Lots of year-end cheer for our corporate executives

14 Dec 2020 /  Ann Crotty   4
But a court ruling deals a blow to SAB’s hopes for a jolly holiday season after a miserable year.

Tongaat Hulett profits from CEO’s turnaround plan

UPDATE
11 Dec 2020 /  Suren Naidoo   5
Despite the impact of Covid-19, group revenue increases 37% to R8.2 billion for its interim period.

The war on cash and investing in township malls

3 Dec 2020 /  Simon Brown  
Umthombo Wealth's Alex Duys takes a look at Barloworld and Anglo American. Capital Appreciation's Alan Salomon talks the war on cash. Smital Rambhai of Futuregrowth on the investment case for township malls.

Stockholm Syndrome in the corporate world

28 Sep 2020 /  Ann Crotty   7
Tongaat hangs on to Deloitte and African Rainbow Capital Investments' management continues to rake in fees.

Starch sale a relief for Tongaat Hulett

23 Sep 2020 /  Suren Naidoo  
Group’s share price surges more than 15% as deal with Barloworld gets go-ahead.

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.

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