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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 1 800 stores (1 056 corporate and 744 franchise). In addition, it has 58 supermarkets in Zimbabwe through its investment in TM Supermarkets. Pick n Pay b... [more info]
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Six decades of inflation-beating returns on the JSE

Six decades of inflation-beating returns on the JSE

Patrick Cairns /
8 January 2020
  11
Despite short-term setbacks, the local market has delivered reliable growth over the long term.
Locally-made Mara phones get strong SA corporate backing

Locally-made Mara phones get strong SA corporate backing

UPDATE
Suren Naidoo /
18 December 2019
  10
Smartphone manufacturer expects to see the 'real growth' of its brand in SA from 2020.
What next for TymeBank?

What next for TymeBank?

Hilton Tarrant /
11 December 2019
  9
After passing the 1m account milestone …
TymeBank signs up 1m customers

TymeBank signs up 1m customers

Melitta Ngalonkulu /
29 November 2019
  1
Plans to roll out unsecured loans early next year.
Consumers to benefit from greater variety, as exclusivity leases phase out

Consumers to benefit from greater variety, as exclusivity leases phase out

Tebogo Tshwane /
28 November 2019
  10
Speciality tenants such as butcheries, bakeries, greengrocers and delis may start opening in malls in coming years.
Consumers are getting comfortable with ‘no-name brands’

Consumers are getting comfortable with ‘no-name brands’

Melitta Ngalonkulu /
26 November 2019
  22
Private labels are giving regular brand names a run for their money.
CompCom puts an end to big supermarkets’ unfair practices

CompCom puts an end to big supermarkets’ unfair practices

Tebogo Tshwane /
26 November 2019
  16
Grocery Market Inquiry finds that exclusive clauses, unfair trading practices and regulatory support are areas that need immediate intervention.
Checkers supermarket promises to deliver groceries in an hour

Checkers supermarket promises to deliver groceries in an hour

Nqobile Dludla, Reuters /
25 November 2019
The retailer pioneers a new one-hour grocery delivery system.
SA’s big supermarkets told to drop exclusivity clauses in mall leases

SA’s big supermarkets told to drop exclusivity clauses in mall leases

Nqobile Dludla, Reuters /
25 November 2019
  10
At least 70% of shopping malls are subject to exclusive lease agreements, inquiry finds.
Former Clicks CEO’s R106m payday

Former Clicks CEO’s R106m payday

Hilton Tarrant /
25 November 2019
  7
David Kneale very well rewarded for retailer’s outperformance.
Edcon aims to change its fortunes by driving credit sales

Edcon aims to change its fortunes by driving credit sales

Suren Naidoo /
30 October 2019
  5
RCS buys its debtors’ book from Absa, which had a ‘conservative’ approach to lending.
Checkers plays catch-up on rewards

Checkers plays catch-up on rewards

Hilton Tarrant /
23 October 2019
  12
Fills a vital gap in the group’s shift from 'explosive expansion to precision retailing' …
Pick n Pay shares rise, after results showed earnings increase

Pick n Pay shares rise, after results showed earnings increase

Moneyweb /
22 October 2019
Richard Brasher – CEO, Pick n Pay
Rand rallies 1% to one-month best, stocks weaker

Rand rallies 1% to one-month best, stocks weaker

Mfuneko Toyana, Reuters /
22 October 2019
Government bonds also rallied, with the yield on the benchmark 2026 bond down 7 basis point to 8.205%.
Five things making headlines in South Africa today

Five things making headlines in South Africa today

Moneyweb /
22 October 2019
SAA recalls planes, Pick n Pay results, Hans Klopper denies wrongdoing and more.

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