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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]
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Liquor sales raise Spar’s profit nearly 10%

Liquor sales raise Spar’s profit nearly 10%

Moneyweb /
13 November 2019
Graham O’Connor – CEO, Spar Group
Spar posts profit rise despite consumer pessimism

Spar posts profit rise despite consumer pessimism

Emma Rumney, Reuters /
13 November 2019
  1
CEO says South African economy starting to improve.
South Africans are paying more to drink

South Africans are paying more to drink

Melitta Ngalonkulu /
15 October 2019
  8
Retailer revenue growth is soaring, while sales volumes remain steady.
Spar numbers up, bolstered by Tops, building materials section

Spar numbers up, bolstered by Tops, building materials section

Moneyweb /
15 May 2019
It hiked its half-year operating profit by 5.1% to R1.4-billion.
Financial counters the main drag on local tickers

Financial counters the main drag on local tickers

Moneyweb /
15 May 2019
While financials were down 0.72%, gold counters bucked the trend.
Five things making headlines in South Africa today

Five things making headlines in South Africa today

Moneyweb /
14 November 2018
It's goodbye from Gigaba, Spar results, retail sales figures, MTN to apply for mobile money service in Nigeria, VBS Bank to be wound up.
Spar Group out with pedestrian FY revenue growth

Spar Group out with pedestrian FY revenue growth

Warren Thompson /
15 November 2017
‘We are very positive about our entry into the Sri Lankan market,’ says CEO Graham O’Connor
JSE directors on a buying spree

JSE directors on a buying spree

UPDATE
Ciaran Ryan /
15 March 2017
  3
Exceeds sellers by a factor of three, suggesting growing confidence in key areas of the market.
Spar Group sees Q4 sales up nearly 17%

Spar Group sees Q4 sales up nearly 17%

Tanisha Heiberg, Reuters /
7 February 2017
Liquor sales growth in SA exceeded 11.3%.
Pick n Pay loses exclusivity bid

Pick n Pay loses exclusivity bid

Ray Mahlaka /
28 November 2016
Concourt denies Pick n Pay an interdict to stop Game from selling fresh food at Capegate.
SA retail is in trouble

SA retail is in trouble

Keith McLachlan /
23 November 2016
  11
Retailers have been growing their own debt-levels and gearing's been exploding, while ROE has been falling.
Spar FY profit boosted by strong Irish unit

Spar FY profit boosted by strong Irish unit

Siki Mgabadeli /
16 November 2016
‘We've just entered into a joint venture in Sri Lanka, which will deliver returns in due course’ – Graham O'Connor – CEO, Spar.
Rand falls on US rate hike bets, stocks rise

Rand falls on US rate hike bets, stocks rise

Stella Mapenzauswa and Tanisha Heiberg, Reuters /
16 November 2016
Stocks gained led by the retail sector.
Spar Group pulls out of Zimbabwe

Spar Group pulls out of Zimbabwe

TJ Strydom, Reuters /
16 November 2016
  1
Retailer cites tough economy.
Turnaround efforts put Pick n Pay back on its feet

Turnaround efforts put Pick n Pay back on its feet

Ray Mahlaka /
19 October 2016
  3
Management shifts focus on retail basics such as customer service, store roll outs and measured moves into the rest of Africa.

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