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LATEST NEWS FOR Pepkor Holdings Ltd.  

The group is a diversified retailer of significant size and scale operating across four segments. All the retail brands within the segments focus on discount, value and specialised goods and retail clothing, general merchandise, household goods, furn... [more info]

Stormy week on the JSE, Biden the winner and renting vs buying

9 Nov 2020 /  Simon Brown   2
Nick Kunze of Sanlam Private Wealth looks at markets as the US declares a winner and good jobs numbers. Petri Redelinghuys of Herenya Capital talks tax returns and trading. Jonathan Hurvitz, CEO of Teljoy on renting vs buying.

Mr Price’s expected earnings slide worsens

5 Nov 2020 /  Suren Naidoo   4
Covid-19 ‘has had a material impact'.

Pepkor flags 20% drop in annual earnings

UPDATE
15 Oct 2020 /  Tanisha Heiberg, Reuters  
As pandemic weighs.

Big-brand Edgars acquisition puts Retailability in the limelight

29 Sep 2020 /  Suren Naidoo   3
The group’s CEO previously worked for Massmart, Mr Price – and even Edcon.

How South African companies are battling the pandemic and recession

18 Sep 2020 /  Roxanne Henderson, Janice Kew, Felix Njini and Loni Prinsloo, Bloomberg    1
How companies in key industries have coped with the unprecedented crisis.

Steinhoff AGM marked by apathy and anger

31 Aug 2020 /  Ann Crotty   4
Low attendance, but with record-beating opposition to remuneration aspects reflecting the depth of shareholder unhappiness.

Pick n Pay’s trading update, logistics property and Trump’s TikTok vendetta

5 Aug 2020 /  Simon Brown  
Chantal Marx of FNB Wealth and Investment on the Cashbuild deal and Pick n Pay's trading update. Steven Brown, CEO of Fortress, talks the resilience of the logistics property space. Dean McCoubrey, founder of MySociaLife, on US threats to close or force the sale of TikTok, real risk or trade war talk?

Cashbuild agrees to buy Pepkor subsidiary TBC

4 Aug 2020 /  Ryk van Niekerk   3
Despite the poor economy, such a sizeable acquisition shows Cashbuild expects ‘a bright future for this industry’: CEO Werner de Jager.

Cashbuild to buy Pepkor’s building company

4 Aug 2020 /  Nqobile Dludla and Aby Jose, Reuters    1
The deal will boost Cashbuild's retail presence in previously underrepresented regions.

Wiese endorses Steinhoff’s R19bn settlement plan

UPDATE
28 Jul 2020 /  Ann Crotty   13
Precedent-setting proposal could see 'market purchase' shareholders who suffered losses compensated with R5bn.

Steinhoff proposes R16.55bn settlement to solve legal disputes

UPDATE
27 Jul 2020 /  Emma Rumney, Reuters   8
Deal needs creditors, regulators and claimants to agree.

App allows community volunteers to earn rewards

27 Jul 2020 /  Tebogo Tshwane    4
Zlto is helping communities by providing an alternative way for unemployed youth to gain experience, develop skills and generate income.

Double whammy hastens retirement of once richest South African

26 Jul 2020 /  Janice Kew, Bloomberg   35
Steinhoff scandal and coronavirus pandemic have nudged Christo Wiese towards retirement.

Nine-month sales dip at SA’s Pepkor on lockdown hit

24 Jul 2020 /  Nqobile Dludla, Reuters  
After its stores were shut in the third quarter due to a Covid-19 lockdown.

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