LATEST NEWS FOR Shoprite Holdings Ltd.  

Shoprite is an investment holding company listed on the Johannesburg Stock Exchange Ltd. in the 'food retailers & wholesalers' sector. Secondary listings are also maintained on the Namibian and Zambian Stock Exchanges. Cash income is derived mainly f... [more info]

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.

Corporate report card: Dismal and commendable efforts

21 Sep 2020 /  Ann Crotty   8
The CEO who got almost everything wrong (other than his own deal), the team that’s filling some big shoes, and the company that pulled a rabbit out of the hat, but not in time to keep a major investor from unloading a third of its holding – the week that was.

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.

Rand hits six-month high, stocks down after weak retail data

16 Sep 2020 /  Mfuneko Toyana, Nqobile Dludla and Tumelo Modiba, Reuters  
Bonds were a touch firmer, with the yield on the benchmark 2030 paper down 1 bps to 9.23%.

Joburg’s Jewel City set for further R1bn investment

UPDATE
16 Sep 2020 /  Suren Naidoo   4
R1.8bn has already been invested into the new mixed-use precinct and Absa Tower Main overhaul in the inner city.

Some business battles are won, and some are lost

14 Sep 2020 /  Ann Crotty   1
Zeder, Shoprite and FirstRand: a company in its death throes, a retailer with a good year under its belt, and a bank that’s made an interesting move in remuneration.

Portfolios are ignoring the risks to the upside in SA

11 Sep 2020 /  Patrick Cairns   22
There could be a lot of pain if South Africa does a little better than expected.

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.

Strong local market gains, Checkers’s Sixty60 a success and company discounts

11 Sep 2020 /  Simon Brown  
Nesan Nair of Sasfin Securities talks markets as we wrap up another results week. PSG Wealth's Schalk Louw on holding companies such as Remgro and their frustrating discount to NAV. Neil Schreuder from Shoprite on the huge success of the Checkers Sixty60 app.

Aspen, Mustek results and the ins and outs of systematic investing

10 Sep 2020 /  Simon Brown  
Anchor Capital's Deryck Janse van Rensburg on SA Inc shares and Aspen's results. Mustek CEO David Kan talks results and the business post lockdown. Bastian Teichgreeber from Prescient discusses a systematic investment approach.

Rand recovers after slide, stocks spike

9 Sep 2020 /  Olivia Kumwenda-Mtambo, Reuters  
Bonds were weaker, with the yield on the benchmark 2030 government paper up 2 basis points to 9.275%. 

GDP horror show, Luxe Holdings’s renewed focus and protecting your side hustle

9 Sep 2020 /  Simon Brown  
Travis Robson of IG Markets on the US markets as the sell-off continues, Shoprite results and horror GDP data. Duncan Crosson, CEO of Luxe Holdings, talks results as it exits food to focus on jewellery. Elmarie Samuel from FMI on protecting your gig economy income.

Checkers rewards programme attracts over 4.7m customers

9 Sep 2020 /  Melitta Ngalonkulu   16
While its Sixty60 one-hour grocery delivery app is also well-received.

Shoprite slaan verskeie rekords ondanks die grendeltyd

8 Sep 2020 /  Moneyweb  
Pieter Engelbrecht – uitvoerende hoof, Shoprite

Shoprite sees sales growth despite Covid-crisis

8 Sep 2020 /  Nompu Siziba   
Peter Engelbrecht – CEO, Shoprite

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