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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]

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

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.

Massmart surges over 20%, but has the market overreacted?

9 Mar 2021 /  Suren Naidoo   4
Some analysts think so, considering the Game and Makro owner’s wider FY losses, debt burden and lack of dividend.

Massmart to sell Cambridge Food, Rhino and Massfresh

UPDATE
8 Mar 2021 /  Suren Naidoo   5
The group is now also 'reviewing' its stores outside of SADC as part of its turnaround plan, which it says is still on track despite Covid-19.

Spar’s sales rise, but liquor hit by alcohol ban

UPDATE
16 Feb 2021 /  Nqobile Dludla, Reuters   1
Sending its shares down more than 5%.

Spar’s old fashioned AGM

15 Feb 2021 /  Ann Crotty   4
There's just one catch – it's being held in Pinetown.

Trellidor – building up to a rally

2 Feb 2021 /  Keith McLachlan   2
Its share price is down 30% over the last 12 months.

[TOP STORY] Is the retail party over?

25 Jan 2021 /  Simon Brown  
We estimate over R100 billion came to the consumer's pocket (via stimulus) in a six-month period: Evan Walker from 36ONE.

Stimulus boosts retail, but it’s short-lived

25 Jan 2021 /  Simon Brown  
Nick Kunze of Sanlam Private Wealth on the latest US GDP data and upcoming Fed update. 36One's Evan Walker gives his take on the most recent retailer updates and Martin Freeman of Orbvest talks the US's new president and its vaccine rollout programme.

The Spar shareholder’s seven-year journey

6 Jan 2021 /  Ann Crotty   9
While not without its costs, the group has done remarkably well compared with other firms that rushed to grow offshore.

Worries and disappointments amid the eerie quiet of new year

4 Jan 2021 /  Ann Crotty   5
Dismay for Brait and Hospitality Property Fund shareholders, and a renewed threat of derivative action against some Eastplats directors – but a strengthened source of non-southern African revenue for Spar Group.

The JSE in 2021: What seven asset managers expect

17 Dec 2020 /  Patrick Cairns   2
And how they plan to navigate.

SA retail and wholesale confidence soars in fourth quarter

3 Dec 2020 /  Suren Naidoo   5
After a 29-year low in the Covid-19 hit second quarter.

Renergen’s zero-emission solutions and can we expect another repo rate cut?

19 Nov 2020 /  Simon Brown  
FNB's Chantal Marx on the upcoming MPC decision, Spar still struggling in Poland and Brait's NAV - do we believe it? Renergen CEO Stefano Marani on their zero-emission solution for the cold chain logistics industry and Ninety One's Sangeeth Sewnath on FNZ's Silica acquisition.

Bankers staying home as SA slowly grinds back to work

UPDATE
24 May 2020 /  Vernon Wessels, Roxanne Henderson and Janice Kew, Bloomberg   5
'The psychological toll on people has been significant' - Investec CEO Fani Titi.

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