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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]

Pepkor opens 65 new Pep and Ackermans stores

30 Apr 2021 /  Suren Naidoo  
As group defends its position in the bustling discount and value clothing retail market.

What’s going on with the Road Accident Fund?

29 Apr 2021 /  Nompu Siziba   15
‘I'm … struggling to reconcile what I see in the press every day versus the reality that we're seeing in our business’: Elad Smadja – CEO, Taurus Capital.

Pandemic boosts rural and township malls

UPDATE
29 Apr 2021 /  Suren Naidoo  
JSE-listed Dipula Income Fund has benefitted from this Covid-19 trend. But will it last post-pandemic? The fund’s CEO Izak Petersen shares his views …

Pepkor expects 20% surge in half-year earnings

UPDATE
28 Apr 2021 /  Suren Naidoo  
Strong cash generation sees group slash debt by R8bn since March last year, despite Covid-19.

No major improvement in Durban Port efficiencies, says organised business

UPDATE
23 Apr 2021 /  Suren Naidoo   6
Following highly hyped presidential visit of the country’s and Sub-Saharan Africa’s busiest port.

Mr Price hits 52-week high as R1.6bn Power Fashion acquisition approved

29 Mar 2021 /  Suren Naidoo   
Deal gets green light on condition both retailers boost local procurement through the Department of Trade Industry and Competition’s clothing sector masterplan.

Reasonable numbers from the education sector

16 Mar 2021 /  Simon Brown  
Nesan Nair of Sasfin Securities shares his thoughts on Stadio's FY results and ADvTECH's trading update, as well as Mr Price's Yuppiechef deal, City Lodge and Sun International.

Investment case: Ethos Capital

16 Mar 2021 /  Simon Brown  
Sasfin's Nesan Nair talks education stocks and Mr Price's YuppieChef acquisition. Graeme Korner unpacks private equity and chats Ethos Capital Partners.

Mr Price in surprise deal to buy Yuppiechef

UPDATE
15 Mar 2021 /  Suren Naidoo   11
Acquisition will boost its online home and kitchenware offering, to take on the likes of TFG’s upper market @home chain.

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.

British American Tobacco is offering value

11 Feb 2021 /  Simon Brown   
FNB's Chantal Marx talks the state of retailers and BAT ... it's cheap, are you buying? Charlie Dutton of Ninety One on investing into China and Viv Govender from Rand Swiss chats oil; what’s driving the price higher and will it hurt the global recovery?

SA stocks post biggest drop this month on Tencent effect

26 Jan 2021 /  Adelaide Changole, Bloomberg  
Tencent lost as much as 6.7% in Hong Kong on Tuesday.

Woolworths shares soar on expected profit surge

25 Jan 2021 /  Promit Mukherjee, Reuters   1
Its online sales in SA in the food segment grew by almost 160% and contributes more than 2% to overall sales.

[TOP STORY] Is the retail party over?

25 Jan 2021 /  Simon Brown  
We estimate over R100 billion came to the consumer's pocket (via stimulus) in a six-month period: Evan Walker from 36ONE.

Stimulus boosts retail, but it’s short-lived

25 Jan 2021 /  Simon Brown  
Nick Kunze of Sanlam Private Wealth on the latest US GDP data and upcoming Fed update. 36One's Evan Walker gives his take on the most recent retailer updates and Martin Freeman of Orbvest talks the US's new president and its vaccine rollout programme.

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