Steinhoff's Africa listing makes sense - Moneyweb
Freshly unbundled from Steinhoff, JSE-listed Star is a sizeable company with 4808 stores across sub Saharan Africa, revenues over six months of R29.2 billion and earnings of R3 billion. By way of comparison, South Africa’s biggest retailer, Shoprite turned over R71.3 billion and earned R3.7 billion before interest and tax in its last six month period. Dirk van Vlaanderen comments on the new listing.
Kagiso Asset Management nominated as Equities Manager of the Year - RISKAFRICA Magazine
The Batseta Council of Retirement Funds for South Africa (Batseta) has announced the shortlist for the eighth Imbasa Yegolide Service Excellence Awards which recognise service providers who have given outstanding services to retirement funds in South Africa.
Clover battles rising costs in 'new reality' - Business Day
Prolonged drought, a subsequent wetter and cooler summer, and rand volatility resulted in above-inflation input costs and subdued volume growth amid poor consumer spending. Clover CEO Johann Vorster mentions aggressive competitor pricing and market positioning in the fight to optimally sustain business in a constrained “new reality”. Food producers now cannot just pass costs on to consumers. Dirk van Vlaanderen comments.