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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]

Investec approved to list on A2X Markets

9 Sep 2021 /  Akhona Matshoba  
Making it the second major bank to list on the alternative exchange.

Truworths downplays value retail pilot of new Primark stores

6 Sep 2021 /  Akhona Matshoba    6
Saying it is a trial and not yet a material contributor to the group’s performance.

Institute of Directors weighs in on the ‘dilemma’ of executive pay

23 Aug 2021 /  Ann Crotty   8
But not with much oomph.

L2D achieves improved retail occupancies despite Covid-19 lockdowns

27 Jul 2021 /  Roy Cokayne   1
But experiences negative reversions in rental renewals.

Quality SA Inc. shares at good prices

22 Jul 2021 /  Simon Brown   
Is Deryck Janse van Rensburg of Anchor making marked portfolio changes after last week? Mike Flax from Visio on the listed property sector after last week's riots. Sean Sanders, founder of Revix on Bitcoin remaining at lows for the year and alt coins.

Looting and burning impact small for major retailers

21 Jul 2021 /  Simon Brown  
‘Most of these companies have...business-continuity plans and can finally use them’ – Chantal Marx, head of research at FNB Wealth and Investment.

Anglo and BHP’s knockout updates: which is better?

21 Jul 2021 /  Simon Brown   
Chantal Marx of FNB on riots' impact on retailers, as 8% of SA footprint affected. Karooooo CEO Zak Calisto on results and whether its growth is organic or stealing market share. Greg Katzenellenbogen of Sanlam on the stellar Anglo American and BHP updates.

The scale of the destruction

UPDATE
19 Jul 2021 /  Moneyweb   80
Early estimates from some of the major players are in – and the numbers are huge.

SA’s riots insurer in spotlight after days of carnage

18 Jul 2021 /  Roxanne Henderson and Khuleko Siwele, Bloomberg   16
Sasria's not disputing the merits of related claims, only watching for cases of fraud - Fareedah Benjamin.

SA deploys thousands more soldiers to help quash riots

UPDATE
14 Jul 2021 /  Loni Prinsloo and Monique Vanek, Bloomberg   4
Attention now turning to whether insurance companies will be able to cover the costs.

Mr Price gets CompCom backing for R500m Yuppiechef deal

8 Jul 2021 /  Suren Naidoo  
Commission says proposed transaction is unlikely to result in a substantial prevention or lessening of competition in the relevant markets.

South Africans like to spend; lucky retailers …

22 Jun 2021 /  Simon Brown   2
South Africans’ continued spending ‘whether they have the funds available or not’ has important long-term implications, points out Anchor Capital’s Casey Delport.

Why Naspers could be the next mini Amazon

22 Jun 2021 /  Simon Brown  
Dino Zuccollo of Westbrooke Alternative Asset Management on the end of S12J and the risks within existing funds. Anchor's Casey Delport takes a look at the SA consumer as a spender not a saver. Preston Narainsamy of Nedbank Private Wealth unpacks Naspers/Prosus and PPC results.

Pandemic pummels TFG to R719m FY operating loss

10 Jun 2021 /  Suren Naidoo   9
No dividend declared, but group expects to resume payments in its 2022 financial year based on the current recovery in trading conditions.

Retail stocks ‘expensive on a one-year view’

2 Jun 2021 /  Simon Brown  
Evan Walker from 36ONE Asset Management reckons his company ‘will look for some cracks in the system into the second part of this year’.

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