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LATEST NEWS FOR The Bidvest Group Ltd.  

A leading business-to-business, services, trading and distribution group operating in the areas of consumer and industrial products, electrical products, financial services, freight management, office and print solutions, outsourced hard and soft ser... [more info]

Brian Joffe may be vacating the CEO seat at Long4Life, but his magic sauce remains

15 Oct 2021 /  Ciaran Ryan   7
And he will stay on as chair of the group.

Bidcorp beats hospitality blues

1 Oct 2021 /  Adriaan Kruger  
Earnings recover, but not back to pre-Covid-19 levels yet.

Bidvest hygiene business booming

7 Sep 2021 /  Simon Brown  
Nedbank's Preston Narainsamy unpacks Bidvest and RCL results. Trellidor CEO Terry Dennison talks results as profits increase almost 200% and the dividend is reinstated. Stadio CEO Chris Vorster on financials as online has a great year.

Bidvest shrugs off Covid woes with record profit

7 Sep 2021 /  Ciaran Ryan   
Trading profit is up 47.8%, with strong performance from Services, Automotive and Commercial Products.

Pre-owned vehicles selling for more than book value – Motus CEO

2 Sep 2021 /  Roy Cokayne   15
Inflated prices caused by shortages of both new and used vehicle stock on the back of global semiconductor shortage.

Gidon Novick insists ‘SAA transaction is at an advanced stage’

1 Sep 2021 /  Moneyweb   7
Despite reports that Global Aviation is ‘out’ of the Takatso Consortium deal.

Gordhan wants Transnet to secure R100bn infrastructure investment into SA ports

17 Aug 2021 /  Suren Naidoo   29
Largely through private sector partners and investors over the next five years.

Transnet’s ports force majeure is over, but most websites are still offline

2 Aug 2021 /  Suren Naidoo   2
Group-wide cyber attack saw its port terminals division declaring a force majeure for 11 days, causing delays and bottlenecks in Durban, Cape Town and Eastern Cape ports.

Another Covid loss for corporate SA: Toyota’s Dr Johan van Zyl passes away

1 Aug 2021 /  Moneyweb   5
A driving force in the local automotive sector.

Transnet’s vital Navis container terminal operating system back online

UPDATE
28 Jul 2021 /  Suren Naidoo   5
Following a group-wide cyber-attack, which forced the state-run ports and logistics giant to switch off the terminal operating system.

Transnet cyber attack confirmed: Port terminals division declares force majeure

UPDATE
27 Jul 2021 /  Suren Naidoo   25
‘Security intrusion and sabotage’ a major blow, but group now says ‘significant progress has been made in restoring Transnet SOC Ltd IT systems’.

Cyber attack: Union wants ‘decisive action’ to protect Transnet

UPDATE
23 Jul 2021 /  Suren Naidoo   18
In an update on the situation, Transnet said on Friday that it has 'identified and isolated the source of the disruption to its IT systems'.

Cyber hack hits Transnet’s operations

UPDATE
22 Jul 2021 /  Suren Naidoo   21
Freight industry insiders have raised a red flag.

Despite uncertainty Toyota SA to resume production at its Durban plant

20 Jul 2021 /  Roy Cokayne   11
After an eight-day halt because of the unrest in KZN.

New vehicle dealer confidence at 13-year high

29 Jun 2021 /  Roy Cokayne   4
But a third wave of the Covid-19 pandemic may put a spanner in the works for South Africa's motor retail sector.

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