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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]
Click this company SENS Announcements
Massmart plans further store closures as it flags FY loss

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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