LATEST NEWS FOR Truworths International Ltd.  

Truworths International Ltd. (the company) is an investment holding and management company listed on the JSE and the Namibian Stock Exchange. Its principal trading entities, Truworths Ltd. and Office Holdings Ltd., are engaged either directly or thro... [more info]

Rand climbs 1%, PPC leads decliners on right issue

15 Sep 2020 /  Mfuneko Toyana and Nqobile Dludla, Reuters   1
Bonds were firmer, with the yield on the 2030 issue down 5 basis points to 9.23%

Foschini boardroom a tad yesteryear …

15 Sep 2020 /  Ann Crotty   12
For a fashion group, its approach to governance seems remarkably off-trend.

What the movers and shakers have been up to

7 Sep 2020 /  Ann Crotty   2
A onetime force in the South African business community passes.

Truworths to close around half of British shoe chain Office’s stores

5 Sep 2020 /  Nqobile Dludla, Reuters  
In attempt to boost sales and margins.

Simon’s weekly wrap: Retail trends, market recovery, and a preference share with a twist

4 Sep 2020 /  Simon Brown   2
MoneywebNOW also looked at US stocks for the patient, pursuing global fixed income, Hammerson's rights issue, US healthcare Reits, and more.

Truworths sees annual profit drop 28% on lockdown impact

UPDATE
3 Sep 2020 /  Nqobile Dludla, Reuters  
Declared a final dividend of 31 cents per share.

Corporate ‘kitchen-sinking’ in dystopia

24 Aug 2020 /  Ann Crotty   3
Sasol, PPC and Truworths cram in the bad news. Also a look at Sibanye-Stillwater backing Bapo-Ba-Mogale and the question of SOE authority.

Inflation, Astral buying Quantum Foods and Tsogo Sun sells iconic Maia Resort

16 Jul 2020 /  Simon Brown   1
Chantal Marx, head of research at FNB Wealth and Investment on the Truworths update, local inflation data, and whether more rate cuts could be on the cards. Gary Arnold of Astral Foods as it joins the buying frenzy at Quantum Foods. Tsogo Sun Hotel's Marcel von Aulock on selling the iconic Maia Resort.

SA corporates’ offshore forays have destroyed over R300bn in value

16 Jul 2020 /  Peter Armitage   32
Local conditions and competitive environments are simply different.

SA lists clothing allowed for sale as lockdown eases

13 May 2020 /  Nqobile Dludla, Reuters   8
The announcement followed consultations between Patel's ministry and clothing, textile and footwear industry leaders.

SA property owner Spear will provide rental relief to retail tenants

2 Apr 2020 /  Nqobile Dludla, Reuters   1
A halt in payments, however, also raises the question of whether landlords will be forced to default on their own debt commitments.

Retail landlords face rental troubles over Covid-19 lockdown

UPDATE
30 Mar 2020 /  Suren Naidoo   27
Edcon is not the only worry as other retailers consider not paying rent.

New Woolies boss bags R54m in shares

4 Mar 2020 /  Hilton Tarrant   15
Bagattini already heavily incentivised to turn the group’s fortunes around.

Low consumer spending hurts Truworths

21 Feb 2020 /  Melitta Ngalonku   8
SA sales expected to remain constrained in the medium term.

Woolworths and Truworths see fall in profits

20 Feb 2020 /  Moneyweb   
Chris Gilmour – Independent analyst

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