Coronation dumped Spar at R40 after buying above R90
The exit of its position began in the second quarter already ...
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The exit of its position began in the second quarter already ...
The exit of its position began in the second quarter already …
Says it has no confidence in the company's executive team but will 'support' the board's process in that regard.
It may be dawning on the group that the real power lies in the 'voluntary' guild itself.
Spar said the resignations were the "right decision" for the two individuals, and "in the best interests of the company".
Every single Sixty60 order by a Spar shopper chips away at that retailer's very foundation.
A machine malfunctioned during production, resulting in product blowing.
If Spar keeps its promise of a 40% increase, the lowest-paid employees could earn more than double what Pick n Pay employees earn.
Will the wholesaler ever be able to return to 3% operating margins?
Are these new execs the key to fixing Spar?
Group says 'highly competitive' market in SA will mean lower gross profit margins ...
He is not the first Spar CEO to jump ship amid uncertainty.
However, Spar’s net debt reduced by 40% to R5.4 billion from R9.1 billion in 2024.