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LATEST NEWS FOR The SPAR Group Ltd.  

The SPAR group acts as a wholesaler and distributor of goods and services to SPAR supermarkets, Build it building materials outlets, and TOPS at SPAR liquor stores.... [more info]
Click this company SENS Announcements
Mboweni and Mogajane announce R36.2bn in new economic support following unrest

Mboweni and Mogajane announce R36.2bn in new economic support following unrest

28 Jul 2021 /  Suren Naidoo   22
For affected businesses, social relief for poor South Africans as well as more funds for the police and national defence forces.
Pick n Pay: 136 stores were looted, damaged

Pick n Pay: 136 stores were looted, damaged

21 Jul 2021 /  Suren Naidoo   17
Two of the group’s distribution centres in Pinetown Durban were also ransacked and vandalised.
The scale of the destruction

The scale of the destruction

UPDATE
19 Jul 2021 /  Moneyweb   80
Early estimates from some of the major players are in – and the numbers are huge.
SA’s big retail chains race to restock looted stores

SA’s big retail chains race to restock looted stores

16 Jul 2021 /  Nqobile Dludla, Reuters  
SPAR trucks were dispatched on Friday.
Liquor industry wants state of emergency following looting, property destruction

Liquor industry wants state of emergency following looting, property destruction

15 Jul 2021 /  Suren Naidoo   4
Over 200 bottlestores and several major liquor warehouses in KZN and Gauteng ransacked by rioters; add retail stores and it's closer to 800.
Durban chamber sends another SOS to Ramaphosa

Durban chamber sends another SOS to Ramaphosa

14 Jul 2021 /  Suren Naidoo and Palesa Mofokeng   42
Appeals for a state of emergency in KZN, while the SA Property Owners Association calls for greater action to stem looting and destruction.
The legal dangers of a side hustle

The legal dangers of a side hustle

13 Jul 2021 /  Fifi Peters   1
Entrepreneurs and startups can avoid possible missteps or penalties if they fully understand the legal prescripts that apply to their business: Dominique Arteiro – Werksmans Attorneys.
‘We will defeat those who seek to destabilise our country’ – Ramaphosa

‘We will defeat those who seek to destabilise our country’ – Ramaphosa

13 Jul 2021 /  Suren Naidoo   80
President calls in the army following looting and violent demonstrations by pro-Zuma supporters in KwaZulu-Natal and some areas of Gauteng.
SA hospitality stocks sink as government tightens Covid-19 restrictions

SA hospitality stocks sink as government tightens Covid-19 restrictions

28 Jun 2021 /  Nqobile Dludla and Olivia Kumwenda-Mtambo, Reuters  
To cope with new coronavirus infections.
Even passive requires an active choice

Even passive requires an active choice

26 May 2021 /  Simon Brown   
Nesan Nair from Sasfin Securities unpacks the latest results from Coronation and Reinet. A look at Spar results with CEO Brett Botten. Satrix's Nico Katzke talks style investing.
Strong Switzerland, Ireland sales lift Spar’s earnings

Strong Switzerland, Ireland sales lift Spar’s earnings

25 May 2021 /  Nompu Siziba   
CEO Brett Botten discusses company showings across geographies, coping with lockdowns, the cigarette and liquor bans, even toilet paper scarcity – and the probable effect on current numbers.
Switzerland and Ireland shine for Spar, but Southern African growth slows

Switzerland and Ireland shine for Spar, but Southern African growth slows

25 May 2021 /  Suren Naidoo  
JSE-listed supermarket giant declares interim dividend out of income reserves despite ongoing Covid-19 uncertainty
Who eats whom

Who eats whom

25 May 2021 /  Keith McLachlan   8
Private labels challenge branded foods.
PnP is open to buying Cambridge Food – Brasher

PnP is open to buying Cambridge Food – Brasher

22 Apr 2021 /  Larry Claasen    1
Outgoing CEO says if the price is right it might consider buying the troubled Massmart grocery chain.
Top food retailers on the JSE

Top food retailers on the JSE

9 Apr 2021 /  Simon Brown   
Xavier Prévost from XMP consulting on the prospects for soon-to-be-listed coal miner Thungela Resources. Moneyweb's Ciaran Ryan on the two local crypto bundles; the risks and differences. Gary Booysen of Rand Swiss talks the Pick n Pay update and JSE food retailers in general, along with his preferred retailer.

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