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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]

Executives, shareholders seek R2bn in damages in latest Pepkor lawsuit

2 May 2019 /  Moneyweb   2
Is it just a pipe dream for shareholders that they’ll realise their claims?

The Tekkie Town tug-of-war continues

30 Apr 2019 /  Sasha Planting   9
But court hands founders a symbolic victory as it restrains Steinhoff from selling or bonding its shares in Tekkie Town.

Five things making headlines in South Africa today

11 Apr 2019 /  Moneyweb  
FTI Consulting report paints positive picture for SA, Absa expansion into Nigeria, mining production figures, McBride appears before Zondo Commission and more.

Tekkie Town founders launch action against Steinhoff to ‘protect what was lost’

10 Apr 2019 /  Moneyweb   5
The owners of new Mr Tekkie want Steinhoff subsidiary Pepkor to halt trading in hope of reclaiming what was lost through fraud.

PIC: Funding request lowered to avoid board approval, inquiry hears

10 Apr 2019 /  Tebogo Tshwane   4
Commission now wants to know how many transactions above R10bn were presented to the board in the last three years.

JSE has its best quarter in more than a decade, but …

2 Apr 2019 /  Marcia Klein   6
It's not all that it seems and is only cause for limited cheer.

Steinhoff’s Unitrans is said to be worth up to $280m

29 Mar 2019 /  Janice Kew and Loni Prinsloo, Bloomberg   
The companies still need to agree terms for the sale according to Steinhoff, and CFAO wouldn’t say what price it may pay.

Steinhoff news trickles out in dribs and drabs

4 Mar 2019 /  Barbara Curson   2
Debt levels, liquidity status and ongoing litigation remain priorities.

Crisis-hit Steinhoff’s quarterly sales up 3%

28 Feb 2019 /  Emma Rumney and Tiisetso Motsoeneng, Reuters    6
A strong performance at Pepkor compensated for weak results in France, the US and Asia Pacific.

Don’t go big, go home

18 Feb 2019 /  Patrick Cairns   17
The importance of good capital allocation.

Steinhoff paid ex-CEO R5m for 2018 fiscal year, Pepkor says

31 Jan 2019 /  Renee Bonorchis and John Bowker, Bloomberg    2
Jooste was paid R5m for the two months he worked for Steinhoff in the 2018 fiscal year.

Rand weakens in cautious trade, stocks down

28 Jan 2019 /  Olivia Kumwenda-Mtambo and Emma Rumney, Reuters  
Stocks slipped, with the Johannesburg Stock Exchange's top 40 index down 0.61%.

Pepkor grows quarterly revenue 6%

28 Jan 2019 /  Tanisha Heiberg, Reuters    2
The retailers revenue rose to R19.5bn during the quarter.

The party is most definitely over

18 Jan 2019 /  Sasha Planting   18
The first updates from SA's retailers do not bode well.

PIC is said to be probed on Steinhoff

10 Dec 2018 /  Loni Prinsloo, Bloomberg    2
The inquiry is investigating a R9bn loan made by the PIC to Steinhoff's BEE partner.

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