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LATEST NEWS FOR Massmart Holdings Ltd.  

Massmart is a South African-based globally competitive regional management group, invested in a portfolio of differentiated, complementary, focused wholesale and retail formats. These are each reliant on high volumes and operational excellence as the... [more info]

Massmart plans further store closures as it flags FY loss

UPDATE
19 Feb 2021 /  Aby Jose Koilparambil and Tanisha Heiberg, Reuters   1
After curbs related to the Covid-19 pandemic hammered sales.

Trellidor – building up to a rally

2 Feb 2021 /  Keith McLachlan   2
Its share price is down 30% over the last 12 months.

SA stocks set for first weekly drop of 2021; Sasol jumps

29 Jan 2021 /  Adelaide Changole, Bloomberg   1
Foreigners remained net sellers of South African stocks for a seventh consecutive session Thursday, disposing of R56 million worth of shares.

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.

A week of lazy ‘strategising’ and sad realities

25 Jan 2021 /  Ann Crotty   1
Share buybacks, retail sales figures, Massmart’s latest move, Gold Fields nabs a winner, and reminders of the ravages of the pandemic.

Glenart is a cracker of a Christmas success story

24 Dec 2020 /  Suren Naidoo   7
Small manufacturer delivers on inaugural contract to US retail giant Walmart, despite the coronavirus pandemic disturbing global supply chains

SA retail and wholesale confidence soars in fourth quarter

3 Dec 2020 /  Suren Naidoo   5
After a 29-year low in the Covid-19 hit second quarter.

Corporates commit to paying SME suppliers within 30 days

18 Nov 2020 /  Moneyweb   7
More than 50 big companies are already backing B4SA's #PayIn30 initiative.

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.

How South African companies are battling the pandemic and recession

18 Sep 2020 /  Roxanne Henderson, Janice Kew, Felix Njini and Loni Prinsloo, Bloomberg    1
How companies in key industries have coped with the unprecedented crisis.

Stocks trim best week since June; Richemont gains

11 Sep 2020 /  Adelaide Changole, Bloomberg   1
Foreigners were net buyers of South African stocks for a second day Thursday.

Stocks ride currency boost as FirstRand leads rally

9 Sep 2020 /  Adelaide Changole, Bloomberg  
The resurgent rand drove the index of banking stocks 7.8% higher.

What the movers and shakers have been up to

7 Sep 2020 /  Ann Crotty   2
A onetime force in the South African business community passes.

Mitch Slape makes R8.18m investment in Massmart

UPDATE
3 Sep 2020 /  Suren Naidoo   15
Move seen as a vote of confidence by the group’s most senior exec.

Massmart doesn’t plan to close Game stores or sell Masscash

UPDATE
28 Aug 2020 /  Suren Naidoo   2
Group maintains its turnaround is still on track even in the face of Covid-19.

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