PICK N PAY plans to tap into growth opportunities in the rest of Africa over the long term as it announced a 4.3 percent increase in group turnover to R93.1 billion during the 52 weeks ended in February compared to a year earlier.
Delivering his final financial results presentation after 8 years at the helm, outgoing Pick n Pay chief executive Richard Brasher said that the group was planning in a measured way to explore the opportunities in Africa. READ REPORT
Similar Posts:
- YPO CEO Survey: Africa CEO Confidence at 5-year Low (YPO)
- Pick ‘n Pay (JSE: PIK / FRA: PIK): Value Stock Characteristics as South Africa Continues to Deteriorate
- Famous Brands (JSE: FBR): Africa’s Leading Vertically Integrated Restaurant Operator With Rising Earnings
- South Africa’s GDP Returns to Pre-pandemic Levels, Increases 1.9% in First Quarter (IOL)
- Consumer Prices Likely to Rise Sharply in South Africa – BNP Paribas (BusinessReport)
- Why Land Seizure Is Back in News in South Africa (Bloomberg)
- Emerging Markets: Politics and Elections in 2021 (Wellington Management)
- S&P Global Warns of Ratings Downgrade if South Africa Doesn’t Rebound (Business Report)
- Spur Corporation Ltd (JSE: SUR): Owns South Africa’s “Official Restaurant” and Has Produced Sizzling Results
- South Africa Sees Fresh Start for Economy, With the Same Challenges (NYT)
- Mining Collapse Cripples Africa’s Dreams of Prosperity (WSJ)
- Business Day TV Daily Stock Picks (September 2023)
- Southern Sun (JSE: SSU): Almost Normalcy for Southern Africa’s Leading Hospitality Stock
- South Africa Stocks “Expensive Within Emerging Markets” (Moneyweb.co.za)
- Ramaphosa Takes Tax Gamble as South Africa Targets Debt (Bloomberg)
