LATEST NEWS FOR Pick n Pay Stores Ltd.  

The Pick n Pay Group is one of Africa's largest and most consistently successful retailers, with 1 866 stores (1 092 corporate and 774 franchise). In addition, it has 59 supermarkets in Zimbabwe through its investment in TM Supermarkets. Pick n Pay b... [more info]

Africa’s most valuable brands, Pnp’s lower earnings, vehicle sales under lockdown

21 Oct 2020 /  Simon Brown   1
FNB's Chantal Marx on Pick n Pay, Standard Bank and Sasol. Combined Motor Holdings CEO Jebb McIntosh talks vehicle sales under lockdown. Jeremy Sampson of Brand Finance Africa on the continent's most valuable brands.

Pnp to launch Pick n Pay Mobile and Boxercom

21 Oct 2020 /  Melitta Ngalonkulu  
'Data is now the crucial elixir of life.'

Pick n Pay earnings dive on lower sales during lockdown

20 Oct 2020 /  Dudu Ramela  
‘The underlying core food and grocery business has been strong,’ says CEO Richard Brasher.

Pick n Pay verklaar twee dividende ondanks laer wins

20 Oct 2020 /  Moneyweb  
Lerena Olivier – finansiële hoof, Pick n Pay

Rand gains on yield hunt, US stimulus hopes

20 Oct 2020 /  Mfuneko Toyana and Tanisha Heiberg, Reuters  
Continues to benefit from external factors.

Woolworths’ R750m ‘investment’ in lowering food prices – chicken too

20 Oct 2020 /  Suren Naidoo   14
To 'be more accessible to more customers'.

Pick n Pay’s first-half earnings down 56.3%

UPDATE
20 Oct 2020 /  Nqobile Dludla, Reuters   4
Ventures into difficult Nigerian market.

Pick n Pay buys on-demand online grocery delivery firm Bottles

UPDATE
20 Oct 2020 /  Reuters and Moneyweb  
Deal expected to be completed by November.

Rand inches firmer on US stimulus hopes

8 Oct 2020 /  Mfuneko Toyana and Promit Mukherjee, Reuters  
In fixed income, the yield on the benchmark government bond due in 2030 was 2 basis points higher at 9.555%.

A look at money market funds and SA’s worrying debt trajectory

8 Oct 2020 /  Simon Brown  
FNB's Chantal Marx on the Pick n Pay update - who’s losing market share? And the possible Tsogo Sun Hotels/ Hospitality deal. Cannon's Samantha Steyn talks money market funds. Morningstar's Eugene Visagie on how SA must overcome its slow economic growth.

SA stocks pause after five-day losing streak

22 Sep 2020 /  Adelaide Changole, Bloomberg  
Foreigners were net sellers of South African stocks for a third day on Monday.

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.

Alcohol and tobacco ban created new criminal networks

7 Sep 2020 /  Prinesha Naidoo, Bloomberg   4
National Treasury data shows government lost out on R9.5 billion in alcohol and tobacco taxes.

Stocks rally with help from China data, weaker dollar

1 Sep 2020 /  Adelaide Changole, Bloomberg  
Miners extend gains for a third day.

Retail stores emptier than expected after bans lifted

19 Aug 2020 /  Melitta Ngalonkulu   21
Could consumers be cash-strapped due to job losses?

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