LATEST NEWS FOR Mr Price Group Ltd.  

Mr Price Group Ltd. is a cash-based, omni-channel, fashion-value retailer targeting younger customers in the mid to upper LSM categories retailing predominantly own-branded merchandise.... [more info]

Mr Price pulls plug on Nigeria

25 Jun 2020 /  Nqobile Dludla, Reuters   6
The firm is also reviewing franchise operations.

Rights issues, competition issues, and a food fight

22 Jun 2020 /  Ann Crotty  
It’s probably a good idea for corporates to be close to the front of what could become a very long queue.

Rights issues: From trickle to torrent?

19 Jun 2020 /  Ann Crotty   4
Wouldn’t be surprising, given the disconnect between generally grim operational conditions and comparatively strong share prices.

TFG is raising capital

19 Jun 2020 /  Melitta Ngalonkulu   2
In preparation for the Covid-19 shock on its balance sheet, and for acquisition potential.

Financial sector executives are getting richer

2 Jun 2020 /  Ann Crotty   11
While investors and savers get poorer. A look at PSG, Coronation, Trencor and more.

SA lists clothing allowed for sale as lockdown eases

13 May 2020 /  Nqobile Dludla, Reuters   8
The announcement followed consultations between Patel's ministry and clothing, textile and footwear industry leaders.

Lockdown: JSE-listed retail giants offer landlords a fifth of rent

15 Apr 2020 /  Suren Naidoo   21
In a counter offer amid intense negotiations.

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.

SA property owner Spear will provide rental relief to retail tenants

2 Apr 2020 /  Nqobile Dludla, Reuters   1
A halt in payments, however, also raises the question of whether landlords will be forced to default on their own debt commitments.

Retail landlords face rental troubles over Covid-19 lockdown

UPDATE
30 Mar 2020 /  Suren Naidoo   27
Edcon is not the only worry as other retailers consider not paying rent.

Mr Price’s sales down 22.1% since SA declared state of disaster

27 Mar 2020 /  Nqobile Dludla, Reuters   1
And set to worsen.

How collars can choke a market

25 Mar 2020 /  Ann Crotty   5
Generally put in place when shares are used as security for a loan, collars can have unintended consequences.

New Woolies boss bags R54m in shares

4 Mar 2020 /  Hilton Tarrant   15
Bagattini already heavily incentivised to turn the group’s fortunes around.

Bonds, tobacco and health care expected to shine amid the gloom

3 Feb 2020 /  Ciaran Ryan    5
Fund managers surveyed by Bank of America Securities are bullish SA bonds, but bearish cash.

Investing 101: The need-to-know basics

10 Jan 2020 /  Tlotliso Phakisi   5
A breakdown of the fundamental concepts, options and jargon.

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