LATEST NEWS FOR Woolworths Holdings Ltd.  

Woolworths Holdings is a southern hemisphere retail Group and is listed on the securities exchange operated by the JSE Ltd. (JSE) since 1997. The operations of the Group are conducted through three major operating subsidiaries, namely Woolworths (Pty... [more info]

Libstar to postpone final dividend due to coronavirus

2 Apr 2020 /  Nqobile Dludla, Reuters  
Libstar had been due to pay R170.5 million ($9.21 million) in final dividends on April 14 to shareholders.

Exec salaries: Will a cut boost morale?

2 Apr 2020 /  Ann Crotty   6
Exec skills will be critical in coming months, but the work of millions of front-line workers will be essential – and dangerous.

Woolworths to close all Country Road stores in Australia

UPDATE
31 Mar 2020 /  Nqobile Dludla, Reuters   1
A temporary measure, in an attempt to restrict the spread of the coronavirus.

Panic buying forces SA supermarkets to ration food

19 Mar 2020 /  Nqobile Dludla, Reuters  
SA retailers are saying they are working with their suppliers to ensure a consistent supply

‘No need to stockpile’ say retailers

18 Mar 2020 /  Larry Claasen   25
Local chains ask consumers to buy only what they need.

New Woolies boss bags R54m in shares

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

Rand, stocks tumble as coronavirus adds to budget worries  

24 Feb 2020 /  Mfuneko Toyana, Reuters   2
Both mining and retail stocks were impacted.

Rand recovers from four-month low

21 Feb 2020 /  Mfuneko Toyana and Emma Rumney, Reuters   1
Traders remain cautious before a closely watched budget speech next week.

Roy Bagattini takes Woolworths helm as profit slides

21 Feb 2020 /  Suren Naidoo   10
Continued load shedding, the weak SA economy and concerns around the impact of Coronavirus present risks for full year outlook.

Woolworths and Truworths see fall in profits

20 Feb 2020 /  Moneyweb   
Chris Gilmour – Independent analyst

Rand weaker, risk appetite dimmed by spread of virus

20 Feb 2020 /  Mfuneko Toyana, Reuters  
The rand has avoided a deep selloff despite onshore risks linked to continuing power outages.

Rand, stocks tumble as China virus wrecks risk sentiment

27 Jan 2020 /  Mfuneko Toyana, Reuters   
Rand plunges to a one week-low while stocks sink by more than 2%.

Woolworths hit by weak Australia, December results

27 Jan 2020 /  Emma Rumney, Reuters   7
Interim headline earnings seen down by 15-20%.

Rating Ian Moir’s decade at Woolies

15 Jan 2020 /  Hilton Tarrant   11
It isn’t all about David Jones. Except it is …

Market wrap: Gold dips while palladium hits record highs

14 Jan 2020 /  Moneyweb  
Nesan Nair – Senior portfolio manager, Sasfin Securities

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