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LATEST NEWS FOR Bid Corporation Ltd.  

Bid Corporation Ltd. (Bidcorp) is an international broadline foodservice group present in all continents other than North America and Antarctica. Bidcorp is focused on growth opportunities: organically in our current markets through attaining the app... [more info]

Motus keeps vehicle sales steady despite lockdown

24 Feb 2021 /  Simon Brown  
Mia Kruger of Kruger International on selling when valuations get stretched. Motus CEO, Osman Arbee, talks vehicle sales during lockdown and Bernard Berson of Bidcorp unpacks the company's results as Australasia and EMs return to normal.

Pandemic hits Bidcorp on the chin

24 Feb 2021 /  Adriaan Kruger   2
Covid-19 cost the group R23bn in lost sales over the last 12 months.

Bidcorp first half profit hit by Covid-19 second wave

23 Feb 2021 /  Nqobile Dludla, Reuters  
As a result, net revenue fell 10.9% to R60.8 billion in the six months ended December 31 versus a year earlier.

SA ports regulator rejects TNPA’s 19.74% tariff increase request

1 Dec 2020 /  Suren Naidoo   5
Announces effective ‘0% overall average tariffs increase’ for 2021/22, aimed at upping the country’s competitiveness and lowering the cost of doing business.

JPMorgan favours SA domestics over gold, tech stocks

27 Nov 2020 /  Adelaide Changole, Bloomberg  
The broker upgraded its view on South African equities to overweight from underweight this week.

Rumbling of the bulls

9 Nov 2020 /  Larry Claasen  
Covid vaccine boosts markets.

These unbundled companies are now bigger than their parents

14 Oct 2020 /  Hilton Tarrant   1
Old Mutual’s former UK business is worth more than the insurer itself …

Bidvest; Metrofile results and a look at booming maize prices

15 Sep 2020 /  Simon Brown  
Preston Narainsamy of Nedbank Private Wealth on the biggest central banks announcing rate changes this week. AlphaWealth's Keith McLachlan talks the Metrofile results. Small-caps analyst Anthony Clark looks at Astral as maize prices rocket, and an update on the new look Zeder.

Bidcorp profit falls two thirds, holds dividend

26 Aug 2020 /  Nompu Siziba  
David Cleasby – CFO, Bidcorp

Bidcorp bets on return of eating out

26 Aug 2020 /  Nqobile Dludla, Reuters   1
This should support sales in the new financial year.

Maybe we’re not all in this together

19 Apr 2020 /  Ann Crotty   15
The reality of course is that we aren't – many are battling for enough food to stay alive.

Bidcorp’s volumes fall as much as 70% in major markets

14 Apr 2020 /  Nqobile Dludla, Reuters   1
All the company's businesses have been designated as essential services and have continued operating in all the countries where it has a presence.

Bidcorp says coronavirus will impact second half

19 Feb 2020 /  Nqobile Dludla, Reuters  
Coronavirus to impact growth prospects.

Market wrap: Chinese markets play catch up and recoup losses from Lunar New Year return

17 Feb 2020 /  Moneyweb  
Makwe Masilela – CIO, Makwe Fund Managers

The mid cap opportunity on the JSE

28 Jan 2020 /  Patrick Cairns   11
Are investors ignoring the fundamentals?

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