Highlights Revenue stable at R6.5bn Trading profit up 11% to R706m Operating profit up 89% to R543m Cash generated up 19% to R852m EPS of 17c for continuing operations, compared to loss of 408.9c in 1H20 HEPS of 17.6c for total operations, compared to 0.3c in 1H20 Erik Smuts, CEO, notes “Nampak had a very
Tiger Brands has established a venture capital fund as part of its effort to drive growth. The venture capital fund will be launched in June 2021 and aims to give Food and Beverage startups the much-needed access to capital and capability required to grow their businesses. The fund will assist entrepreneurs in securing capital while
In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, Famous Brands is delighted to advise shareholders that Ms Fagmeedah Petersen-Cook has been appointed as an independent non-executive director to the board of directors of Famous Brands (“the Board”), and member of the Audit and Risk, Investment and Remuneration Committees. This appointment
Groot Drakenstein – Bruce Henderson, who has served as CEO of RFG for 22 years, is to retire in September this year and will be succeeded by Pieter Hanekom. Hanekom, 56, is currently the group’s deputy CEO and will be promoted to CEO on 1 October 2021. He joined RFG in 2015 as managing director
Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030 according to an IFC report. The report finds this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The report, Women and
Lewis Group overcame the adverse impact of the Covid-19 trading restrictions to deliver a strong operating performance for the year to March 2021, with headline earnings increasing by 126.4% to R463.0 million. A total dividend of 328 cents per share has been declared, an increase of 77.3% over last year. The group’s balance sheet remains
1GB launch promo with data valid for one year PnP Mobile customers can now RICA their SIM cards through a completely paperless process. “Pick n Pay and our partners, TymeBank, are making it possible for our PnP Mobile customers to enjoy a completely simplified mobile SIM card purchase and registration process. They will no longer
Bottles by PnP adds Smart Shopper points to all purchases and adds 100% recycled paper bags for all Bottles deliveries Pick n Pay Smart Shoppers can now earn points on their on-demand delivery orders with the Bottles by PnP app. This makes Pick n Pay the only retailer in South Africa to offer loyalty points
Checkers Sixty60 is now available in all nine provinces in South Africa – after launching in Polokwane, Limpopo, today – and has created more than 2 100 new jobs since this one-hour on-demand grocery delivery service was first launched in late 2019. In the past three months, Sixty60 has rolled-out to over 40 new areas,
Digital and financial solutions specialists, MoData, have partnered with Renovite Technologies to deliver leading-edge cloud-native payment technology solutions to clients in Africa, which will enable them to modernise their core payment system with the convergence of physical and digital channels, providing for a seamless customer experience. The partnership will give banks and retailers in the
The Shoprite Group is adding 39 solar-powered refrigerated rigid trucks to its existing solar-powered fleet of 749 trailers by the end of June 2021. At present, the Group has a total fleet of 855 trucks and 1 247 trailers of which 749 are solar-powered trailers (473 are refrigerated trailers and 276 units are not refrigerated,
The current pandemic has had a massive impact on retail both globally and locally, and we are seeing a number of trends in this sector come to fruition at a fairly rapid pace. Shopping malls are needing to adapt and evolve, online has seen a surge together with the increase of app development, and in-store
SPAR countries across Western Europe most significant engine for growth in 2020, delivering 12% growth to reach €25.48 billion in retail turnover The SPAR response to the COVID-19 pandemic shows “the collective strength of the SPAR organisation and the critical role of independent retailing in societies and communities across the globe” – Tobias Wasmuht, CEO
RFG reported a resilient operating performance in the Covid-19 impacted trading environment in the six months to March 2021, with the group increasing headline earnings by 46.4% to R119 million. The Western-Cape based food producer, which owns market-leading brands Rhodes, Bull Brand, Magpie, Squish, Bisto, Hinds and Pakco, increased operating profit by 14.9% to R185
Workday Human Capital Management will help company digitalise employee practices Workday, a leader in enterprise cloud applications for finance and human resources, has been chosen to support Pick n Pay as it brings its employee experience into the digital age. In 1967, Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town,
In terms of paragraph 3.4(b) of the JSE Limited (“JSE”) Listings Requirements, the board of directors of Famous Brands is satisfied that a reasonable degree of certainty exists that the Group’s financial results for the year ended 28 February 2021 (“review period”) will differ by at least 20% from those reported for the prior comparable
Shoprite Holdings has appointed respected and experienced accounting professionals and board members Nonkululeko Gobodo and Linda de Beer to its board as independent non-executive directors. Both will also serve as members of the company’s Audit & Risk Committee. Gobodo is a chartered accountant and pioneer in her field who established her own successful accounting and
Pick n Pay is encouraging customers to use over R200-million in unredeemed Smart Shopper points – the amount unclaimed by customers in the last 12 months. These points have been accumulated from everyday swipes and bonus points, or through Pick n Pay partners, such as BP. Pick n Pay’s Smart Shopper – South Africa’s favourite
Food gardens and small-scale farms have seen a marked resurgence in recent years. As many as 2.2 million South African households have some form of garden or farm adjacent to their homes. This movement is key to providing food security, which is why the Shoprite Group supports several such initiatives in the Free State and elsewhere in
SPAR UAE has launched a new SPAR Express store in a high footfall area of Abu Dhabi. The newest store is near the city’s Investment Authority Office, surrounded by high-rise apartments and office blocks. Convenience solutions The store offers convenience solutions for on the go as well as top-up daily shopping options. The instore bakery
Zambeef has doubled the price it pays to small-scale farmers for their cattle in the last year, the company has revealed. The rise was triggered by a shortage of cattle in the market due to the 2018/19 drought, increased competition, and a growing demand for meat, explained Zambeef’s Chief Operations Officer Mike Lovett. He was
The Shoprite Group’s own Corporate Communications team won four awards and received a certificate of excellence at the 2021 Africa SABRE Awards for work delivered during the COVID-19 pandemic. The Sabre Awards (an international Award in existence for 7 years, and the Sabre African Awards since 2017) recognise “superior achievement in branding, reputation and engagement” around the world are
SA Canegrowers is thrilled to announce a new partnership with Proudly South African (Proudly SA) to encourage consumers to buy local sugar. This partnership promises to give new impetus to the SA Canegrowers’ Home Sweet Home campaign to promote the buying of locally produced sugar. Over the past decade, the sugar industry has faced critical challenges including
Decision Inc. has assisted a South African-based multinational retailer migrate its disparate data environment to the Qlik Sense analytics platform to facilitate self-service business intelligence (BI) and enable the group to optimise insights from its data. Its South African retail business operates more than 200 full line stores (comprising fashion, home and beauty, and food),
SPAR Zimbabwe has celebrated its ten-year participation in the national Buy Zimbabwe campaign with instore promotions of local goods. Zimbabwe has a rich heritage of manufacturing, along with a wealth of creative, hardworking people who believe in working together for the greater good – in line with SPAR’s ethos of ‘Better Together’. At SPAR, we
The Thesele Consortium, led by the 100% black-owned Thesele Group, on Thursday, 15 April 2021 signed a binding agreement to purchase Bidvest Car Rental (BCR) from the listed Bidvest Group. The agreement is subject to approval by the Competition Commission. It will see BCR continue its services with no disruption to its public and corporate
The Shoprite Group opened four new stores across three provinces between 27 and 29 April 2021. Positioned in areas not previously served by the Group’s supermarkets or in those showing strong population growth, the four new stores are: Checkers Jukskei Park (Johannesburg, Gauteng) Shoprite Rustenburg Mall (Rustenburg, North West) Checkers Rustenburg Mall (Rustenburg, North West)
African retail giant Game continues to make positive strides in the roll out of its overall turnaround strategy – Retail Reimagined – with the introduction of its fourth Game Re-imagined store in Rustenburg which was unveiled on the 29th of April 2021. Game shared the love with the community of Rustenburg on the 29th of April by having in store activations, competition giveaways, and unlimited
Starbucks is celebrating its 50th anniversary globally, marking the golden occasion with a renewed focus on building a company based on human experience, connection and community. Adrian Maizey, CEO of Rand Capital Coffee, the licensee of Starbucks in SA, says the celebration coincides with Starbucks South Africa’s 5th anniversary and comes at a historic time
Pick n Pay has published its financial results for the year ended 28 February 2021. The Group reported an outstanding performance in a year which fell almost entirely within the Covid-19 National State of Disaster. The Group delivered market-leading sales growth of 10.0% in core food and groceries in South Africa, underpinned by sustained improvements
At SPAR, we are continuously looking to integrate sustainable solutions in our operations, with partners exploring ways to minimise CO2 emissions, energy consumption, and waste. SPAR South Africa is moving towards becoming a carbon neutral organisation by 2050, thanks to its strong sustainability strategy. Sustainability goals The future of the SPAR organisation and the communities
Checkers has launched its Sixty60 on demand one-hour grocery delivery service in the North West province for the first time. The service is now available in the vicinity of Checkers Hyper Klerksdorp, with more locations to follow in the near future. Since first launching in late 2019 in a few neighbourhoods in the Western Cape and Gauteng,
Pretoria has its fifth Starbucks, the 25th in South Africa to join iconic locations around the world, courtesy of its newly opened store in Woodlands Mall. A perfect fit for the trendy, lifestyle-focused community in this leafy suburb of Pretoria East, the new Starbucks store delivers the renowned ‘Third Place’ experience – a place outside
Clicks Group reported another strong health and beauty performance for the six months to February 2021 under constrained economic conditions in the wake of the Covid-19 pandemic, with operating profit increasing by 9.7% to R1.4 billion. Diluted headline earnings per share (HEPS) increased by 9.5% to 371 cents. Excluding the impact of Musica on the
Johannesburg Stock Exchange listed EPP, Poland’s biggest retail landlord, continues to demonstrate agility in the ever-changing retail market by positioning its shopping centres as thriving hubs for innovation. The latest of several cutting-edge solutions offered by the company to support its tenants is EPP Connect – an information and data exchange platform. This innovative portfolio-wide
Woolworths has announced that an additional 50 stores plus two new stores will be single-use plastic shopping bag free by the end of April and has replaced plastic packaging with kraft packaging in popular ‘Ripe and Ready’ avocados which equates to an annual plastic saving of 35 – 40 tons. These milestones help steer the retailer
Million-dollar manufacturing deal aims to drive industrialisation and economic growth across Africa KAS Africa, a leading contract manufacturer of personal, home, baby and oral care FMCG products, has received an investment with an aggregate value of $10 million from TRT Investments Limited. The transaction significantly strengthens KAS Africa’s balance sheet and capacity to execute its growth
Konga eyes quality health care distribution across Nigeria with Konga Health Konga Health debuts in June Konga Health set to expand access to quality Medicare for Nigerians Konga Health set to debut in June 2021 Konga Health, a highly anticipated digital health care distribution subsidiary of Nigeria’s leading e-Commerce giant, Konga is set to go
The PMR.africa Awards, held annually are intended to enhance and set a benchmark for excellence and very importantly, to celebrate the success of teams doing a great job. Smollan received five diamond category awards covering markets in both South Africa and Botswana. PMR.africa conducts research telephonically and it is not pre-coded, meaning that it is
Woolworths maintains its position as the cream of the crop in the dairy industry by taking home some of this year’s most prestigious awards. With a wide selection of the finest quality dairy products, it’s no wonder they’ve stolen the show at this year’s annual Dairy Championships. This year’s National Dairy Championship had a total
Jumia, the leading e-commerce company, topped the list of the most influential brands in Egypt, according to a survey conducted in 2020 by IPSOS, the global research company, which is the third largest global research agency. IPSOS stated in its study that Jumia topped the list in the digital and e- commerce sector, and ranked
After one of the most challenging years which was 2020, we are extremely proud to have been part of the 188th South African Dairy Championships which took place on 25 and 26 March 2021 at the Elsenburg Agricultural College. This year’s event was much smaller than previous years and took place under strict Covid-19 protocols
The Tribunal has conditionally approved the merger whereby Mr Price Group Limited (“Mr Price”) will acquire the retail apparel business operated by Otto Brothers Distributors (Pty) Ltd (“Otto Brothers”) and its subsidiaries, trading as Power Fashion. The Tribunal has concluded that the transaction is unlikely to substantially prevent or lessen competition in any market in
Engen’s fast-food convenience offering is flourishing, and Cape Town customers can now enjoy a slice of Andiccio24’s delicious pizza at the newly opened Engen Settler’s Way Convenience Centre in Mowbray. Opened officially on 25 March 2021, Engen Settler’s Way is open 24/7 and offers customers a diverse range of convenience services along with Andiccio24’s gourmet
Fair Cape Dairies took another major step towards becoming the leader in sustainable agriculture in South Africa. In the spirit of Fair Cape’s motto of ‘Do the Right Thing’, its newly installed 560-kilowatt solar power plant now allows Fair Cape to not only produce all fresh milk off grid during daylight hours, but also to
The Eastern Cape has received its second Packa-Ching mobile buy-back centre, following the success of the programme in East London. The new unit operates in Gqeberha. In exchange for recyclable packaging material, money is paid into an e-wallet which community members can spend at any Shoprite, Usave or Checkers supermarket. The programme also creates jobs,
Despite the challenges posed by the COVID-19 pandemic last year, blueberry exports increased by more than 27%, growing from 12,221 tons to 15,636 tons. The growth of the South African berry industry over the last five years is one of our country’s great agricultural success stories. Exports have grown from just 1,792 in 2015 to
SPAR Namibia is continuing to improve instore facilities and services across its 30 stores to ensure customers nationwide enjoy a quality shopping experience. The SPAR operator has been upskilling its retail teams in all service departments to provide excellent support and assistance to customers, while boosting job satisfaction among team members. With a combination of
The Shoprite Group’s new cellular network, k’nect mobile, launches next month. k’nect mobile offers 100MB free data for three months, and flat call and data rates. Shoprite, Checkers and Usave customers will be rewarded with free data and airtime. And data is zero-rated for selected apps and websites in the Group’s ecosystem. Customers will earn extra
Key information – continuing operations Sale of merchandise increased by 4.7% to R83.4 billion. Trading profit increased by 18.3% to R4.7 billion. Diluted headline earnings per share (DHEPS) increased by 10.4% to 418.0 cents (Dec 2019: 378.6 cents). Adjusted DHEPS* increased by 17.1% to 416.2 cents (Dec 2019: 355.3 cents). The interim dividend per share
