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]

Edcon to sell stake in Edgars to rival retailer

UPDATE
7 Jul 2020 /  Loni Prinsloo and Janice Kew, Bloomberg   1
Administrators say rescue plans for other parts of Edcon are at an advanced stage.

Where are the risks lurking on the JSE?

29 Jun 2020 /  Hilton Tarrant    3
The most financially stressed small and mid-cap companies …

Ramaphosa warns of more job losses

UPDATE
22 Jun 2020 /  Felix Njini and Prinesha Naidoo, Bloomberg    22
As the pandemic and subsequent lockdown batters the economy.

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.

Advanced Level 3 lockdown, when to sell and Safair in the air once more

18 Jun 2020 /  Simon Brown  
FNB Wealth and Investment's Chantal Marx discusses the further opening of the economy and Aspen's share price reacting to hopes of a new Covid-19 wonder drug. Gary Booysen of Rand Swiss on trader vs investor. FlySafair's CEO Elmar Conradie gives an update following the resumption of flights.

Outperforming fund’s momentum strategy pays off

18 Jun 2020 /  Patrick Cairns, Citywire   12
'We've learnt not to try to pick a stock, but to pick a theme' - Methodical Equity Prescient Fund co-portfolio manager Edo Brasecke.

Alcohol purchasing surges amid pandemic

2 Jun 2020 /  Melitta Ngalonkulu   16
Consumers worry government might make a U-turn on its decision to lift the sales ban.

SA shoppers stock up on booze as sales resume

1 Jun 2020 /  Nqobile Dludla, Reuters   2
Resumption of sales a relief for industry.

Zooming in and zoning out on corporate SA

25 May 2020 /  Ann Crotty   6
Among other things, the week that was brought about another previously unheard of accounting metric – ‘Ebitdar’.

Massmart sees double-digit sales slide amid lockdown

18 May 2020 /  Suren Naidoo   5
Group reports 'significant impact' on normal trading.

SA probes hundreds of complaints of excessive pricing

31 Mar 2020 /  Nqobile Dludla, Reuters   2
It has issued over 100 letters to firms, with varying responses.

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.

Panic buying forces SA supermarkets to ration food

19 Mar 2020 /  Nqobile Dludla, Reuters  
SA retailers are saying they are working with their suppliers to ensure a consistent supply

Massmart to close non-performing stores

19 Mar 2020 /  Tanisha Heiberg and Nqobile Dludla, Reuters   12
23 Dion Wired stores to close today.

‘No need to stockpile’ say retailers

18 Mar 2020 /  Larry Claasen   25
Local chains ask consumers to buy only what they need.

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