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LATEST NEWS FOR Mr Price Group Ltd.  

Mr Price Group Ltd. is a cash-based, omni-channel, fashion-value retailer targeting a wide range of customers in the mid to upper LSM categories, retailing own-branded merchandise, every Day Low Prices and predominantly trading in South Africa... [more info]

Sasol and Aspen lead a great start to markets in 2021

11 Jan 2021 /  Simon Brown   
Sanlam's Nick Kunze on a storming start to the JSE in 2021, what’s driving it? Mike Gresty, Anchor Capital CIO, on their top local stock picks for the year.

Will hospitality rebound in 2021?

23 Dec 2020 /  Simon Brown  
Deryck Janse van Rensburg from Anchor Securities on options for small and mid-cap stocks in 2021; and Sun International Group COO Hospitality Graham Wood on a tough year for leisure, and whether 2021 will be much better.

TFG’s online galaxy grows

4 Dec 2020 /  Suren Naidoo   1
JSE-listed retail giant launches popular jewellery brand as its first 'pure play' online store.

Retailers gear up for Black Friday and investing in unicorns

27 Nov 2020 /  Simon Brown  
Mia Kruger of Kruger International on the Firstrand update and decent (considering) results from Pepkor and Mr Price. Justiné Brophy of AnBro Capital on their unicorn USD listed portfolio focusing on technology and healthcare. Kaap Agri CEO Sean Walsh talks results.

Rand weakens as economic concerns weigh, stocks stable

26 Nov 2020 /  Olivia Kumwenda-Mtambo and Promit Mukherjee, Reuters  
In afternoon trade the rand was at R15.22 versus the dollar, 0.69% weaker than its previous close.

Mr Price acquires family-owned Power Fashions

26 Nov 2020 /  Thando Maeko  
Online and cash sales grow, credit sales down 12.1% for the 26 weeks to September 26.

Mr Price reports 24.8% fall in half-year profit

UPDATE
26 Nov 2020 /  Nqobile Dludla, Reuters   1
On the back of lockdown restrictions.

After continental retreat, SA retailers strain for profits at home

17 Nov 2020 /  Nqobile Dludla, Reuters   4
Forays marred by currency risk, high duties.

Retail rebounds and SA’s new airline ready for lift off

11 Nov 2020 /  Simon Brown   
Preston Narainsamy of Nedbank Private Wealth talks Telkom results, Sun International's update and banks breaking higher. SAFlyer's Guy Leitch on Comair and SA's new airline, Lift. Anchor Capital's Stephán Engelbrecht on better than expected retail updates.

Better-than-expected updates from SA retail, despite lockdown

9 Nov 2020 /  Stephán Engelbrecht  
Consensus analyst forecasts have been extremely bearish on SA consumers.

Trump vs Biden continues and the latest on the Ant Group IPO

5 Nov 2020 /  Simon Brown   
Nesan Nair of Sasfin Securities talks market volatility and the Mr Price update. Anchor Capital's Henry Biddlecombe on the Ant Group, who is this company and what's happened to the IPO? Andrew Hoseck of In2IT Technologies talks the ins and outs of digital transformation.

Mr Price’s expected earnings slide worsens

5 Nov 2020 /  Suren Naidoo   4
Covid-19 ‘has had a material impact'.

Big-brand Edgars acquisition puts Retailability in the limelight

29 Sep 2020 /  Suren Naidoo   3
The group’s CEO previously worked for Massmart, Mr Price – and even Edcon.

Rand hits six-month high, stocks down after weak retail data

16 Sep 2020 /  Mfuneko Toyana, Nqobile Dludla and Tumelo Modiba, Reuters  
Bonds were a touch firmer, with the yield on the benchmark 2030 paper down 1 bps to 9.23%.

Money makes the world go round

31 Aug 2020 /  Ann Crotty  
Tongaat’s winners (no spoiler alert needed), Lewis’s share buyback hopes, Stefanutti Stocks’s share issue challenges, and Mr Price’s long-serving Mr Johnston re-elected to the board – the week that was.

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