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General information

Sector: Consumer Goods

The company is available at Interactive Brokers

AVI Limited (JSE:AVI) is home to many of South Africa’s leading and best-loved brands. Centred on the FMCG market, AVI’s extensive brand portfolio includes more than 50 brands.

The company's brands span a range of categories including: hot beverages, sweet and savoury biscuits and snacks, frozen convenience foods, out-of-home ranges, personal care products, cosmetics, footwear, accessories, and fashion apparel and includes:

Five Roses, Freshpak, Ellis Brown, Frisco, House of Coffees, Bakers, Pyotts, Provita, Willards, I&J, Ciro, Yardley, Lentheric, Coty, Spitz, Carvela, Kurt Geiger, Tosoni, Lacoste, and Gant.

The company has a well-developed Shared Services structure spanning: International, IT, Finance, Logistics, Marketing, Procurement and Field Marketing, that allows it to take advantage of its scale.



  • Bad financial results growth rate -6.7% (average between last period year over year growth for revenue and EBITDA), there is slowdown compared to average historical growth rates (0.0%)
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield 5.2% (LTM)
  • Share price is 38.2% higher than minimum and 7.9% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (8.8x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials

Share price, ZAR:  (+1.7%)85.68
Share price, USD: 4.56
Common stocks: 338 989 084

Dividend Yield:  0.0%
FCF Yield LTM: 5.2%
EV / LTM EBITDA: 8.8x
Last revenue growth (y/y):  -8.3%
Last growth of EBITDA (y/y):  -5.0%
Historical revenue growth:  +0.5%
Historical growth of EBITDA:  +1.0%
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 1 544
Net Debt ($m): 93
EV (Enterprise Value): 1 637
EBITDA LTM ($m): 185
EV / LTM EBITDA: 8.8x
Price to Book: 5.55x

Revenue and EBITDA

Semi-Annual values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

EV / EBITDA

Potential dynamics

TechCentral Headlines

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by Nkosinathi Ndlovu

JSE:AVI JSE:SPG JSE:ISA

Canal+ gets more time to make MultiChoice buyout offer

Canal+ has been given an extra 25 days to make a mandatory offer to shareholders of MultiChoice Group.

2024-03-04 10:27 +02:00
by Duncan McLeod and Nkosinathi Ndlovu

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Google faces ‘clear and present danger’ of falling short in AI

The only thing that matters to Alphabet investors is whether it can get artificial intelligence right.

2024-03-04 08:26 +02:00
by Agency Staff

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I went solar at home … this is what I learnt

Going solar at home is a no-brainer – it insulates you from state failure and is a fun learning experience. For this author, it also sparked an exciting smart home project.

2024-03-03 16:10 +02:00
by Duncan McLeod

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Reuters Headlines

Impala Platinum halts some South African mines after 11 workers died

JOHANNESBURG (Reuters) -Impala Platinum on Tuesday temporarily halted operations at its Rustenburg mining complex in South Africa after 11 workers died and 75 were injured in what the CEO said was "the darkest day" in the company`s history.

2023-11-28

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VW struggling with S.Africa costs as group targets savings - executive

A senior Volkswagen executive involved in a global cost-cutting strategy said on Friday he was "very worried" about the future of the company`s operations in South Africa, which is fighting persistent power cuts and logistics snarls.

2023-11-24

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South Africa`s `Vogue Opera` honours life of gay anti-apartheid activist Nkoli

South African anti-apartheid and gay activist Simon Nkoli, who organised Africa`s first Pride march in 1990, died 25 years ago but a group of artists inspired by him are determined to keep his legacy alive in an opera celebrating his life.

2023-11-23

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South African lawmakers vote to suspend diplomatic ties with Israel, shut embassy

CAPE TOWN (Reuters) -South African lawmakers voted on Tuesday in favour of closing down the Israeli embassy in Pretoria and suspending all diplomatic relations until a ceasefire is agreed in its war with Palestinian Islamist group Hamas in Gaza.

2023-11-21

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S.African lawmakers vote to suspend diplomatic ties with Israel, shut embassy

South African lawmakers voted on Tuesday in favour of closing down the Israeli embassy in Pretoria and suspending all diplomatic relations until a ceasefire is agreed in its war with Palestinian Islamist group Hamas in Gaza.

2023-11-21

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S.Africa`s Astral Foods swings to loss on $109 million electricity, bird flu hit

South Africa`s biggest poultry producer Astral Foods swung to a full-year loss on Monday, as an ongoing electricity crisis and the country`s worst bird flu outbreak cost the company 2 billion rand ($108.9 million).

2023-11-20

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UPDATE 2-Cricket-Australia edge South Africa to set up final against India

Five-time champions Australia battled through to Sunday`s final of the 50-over World Cup against India with a nervy three-wicket win against South Africa in the second semi-final on Thursday.

2023-11-16

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UPDATE 1-Cricket-Australia edge S.Africa and will play India in final

Australia sealed their place in Sunday`s final of the 50-over World Cup against India following a nervy three-wicket victory against South Africa in the second semi-final on Thursday.

2023-11-16

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Cricket-South Africa keen to shed choker`s tag against powerhouse Australia

South Africa sense an opportunity to finally get rid of the choker`s tag but the onerous task entails getting the better of the most successful team in the history of 50-overs World Cup, Australia, in Thursday`s semi-final in Kolkata.

2023-11-14

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UPDATE 2-Vodacom profit hit by Ethiopia losses but Egypt lifts revenue

South African telecoms operator Vodacom`s earnings took a hit in the first half from start-up losses in Ethiopia but revenue growth benefited from the inclusion of Vodafone Egypt, which prevented further profit decline.

2023-11-13

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Cricket-S Africa wrap up World Cup group stage with win over spirited Afghanistan

AHMEDABAD (Reuters) -South Africa saw off a spirited fightback from Afghanistan to win by five wickets with 15 balls to spare in their final World Cup group game and consolidate second place in the standings.

2023-11-10

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South Africa calls in Israeli ambassador to discuss conduct over Gaza war

JOHANNESBURG (Reuters) -South Africa has called in Israel`s ambassador to discuss what it described as his recent "unfortunate conduct" linked to the war in Gaza, the foreign ministry in Pretoria said on Friday.

2023-11-10

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South Africa to call in Israeli envoy for formal reprimand

JOHANNESBURG (Reuters) -South Africa will call in Israeli ambassador Eliav Belotsercovsky to issue him with a "demarche", or formal reprimand, a senior foreign policy official said on Wednesday.

2023-11-08

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Rugby-Springbok double World Cup winner Vermeulen to retire

South Africa back row Duane Vermeulen will retire from rugby having helped the Springboks claim back-to-back World Cup titles, South African Rugby president Mark Alexander said on Wednesday.

2023-11-08

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Cricket-South Africa put record mauling by India behind them

South Africa were let down by their skills in a team record 243-run loss to hosts India at the Cricket World Cup on Sunday, but with a semi-final place already booked there will be no panic in the camp, says coach Rob Walter.

2023-11-06

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Cricket-India challenged themselves batting first in South Africa win - Jadeja

All-rounder Ravindra Jadeja said India had challenged themselves in preparation for the World Cup knockout stages by batting first in Sunday`s 243-run win over South Africa in Kolkata.

2023-11-06

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Cricket-Kohli marks 35th birthday with record-equalling 49th ODI century

When India last hosted the World Cup in 2011, the only team to beat them was South Africa.

2023-11-05

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South Africa powers ahead with 3GW of gas projects, minister says

South Africa is accelerating plans for 3 gigawatts (GW) of gas-fired power generation to help to plug an energy deficit that is hurting the economy, electricity minister Kgosientsho Ramakgopa said on Sunday.

2023-11-05

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Cricket-India win toss and opt to bat against South Africa in World Cup clash

India captain Rohit Sharma won the toss and opted to bat first against South Africa in their eagerly anticipated World Cup match at Eden Gardens on Sunday.

2023-11-05

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De Beers agrees five-year wage deal with S.African union

Anglo American Plc`s De Beers on Thursday signed a five-year wage deal with the National Union of Mineworkers (NUM) which represents workers at its South African diamond operations.

2023-11-02

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Cricket-De Kock, Van der Dussen hit tons as South Africa thump New Zealand

(Reuters) -Quinton de Kock smashed his fourth century of the World Cup and Rassie van der Dussen also hit a ton as semi-finals-bound South Africa sealed a comprehensive 190-run victory over New Zealand on Wednesday for their sixth win in seven matches.

2023-11-01

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Bulk of South Africa`s emergency power projects still seeking funds to build

South Africa`s hopes for a raft of new power projects to help it out of a crippling energy crisis are fading, with investment still elusive as an already extended funding deadline looms, government officials, companies and bankers have told Reuters.

2023-11-01

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Cricket-De Kock, Van der Dussen tons guide South Africa to 357-4 against New Zealand

Quinton de Kock smashed his fourth century of the World Cup and Rassie van der Dussen also hit a ton as South Africa made 357-4 against New Zealand at Pune`s MCA Stadium on Wednesday.

2023-11-01

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Factbox-The U.S. African Growth and Opportunity Act (AGOA)

South Africa will host the annual African Growth and Opportunity Act (AGOA) Forum in Johannesburg from Nov 2-4 to discuss the United States` flagship trade programme for the continent.

2023-11-01

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South Africa`s Eskom to significantly narrow loss next year -CEO

JOHANNESBURG (Reuters) -South African state power utility Eskom forecast a significant narrowing of its net losses in the financial year to March 2025 on Tuesday, but after only a marginal drop for this year.

2023-10-31

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UPDATE 2-South Africa`s Eskom to significantly narrow loss next year -CEO

South African state power utility Eskom forecast a significant narrowing of its net losses in the financial year to March 2025 on Tuesday, but after only a marginal drop for this year.

2023-10-31

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Rugby-Uncertainty now for Springboks as winning era ends

Following their World Cup triumph, South Africa face an uncertain future as they wait for a new coach to be appointed while many of the stalwarts within the squad are coming to the end of their test careers.

2023-10-29

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Rugby-South Africans call for holiday as they revel in World Cup success

South Africans woke up in a jubilant mood and with some sore heads on Sunday, basking in the glory of back-to-back Rugby World Cup wins following their nail-biting 12-11 victory over old foes New Zealand in the 2023 final in Paris.

2023-10-29

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Rugby-Five great test matches between New Zealand and South Africa

New Zealand and South Africa each take aim at a record fourth World Cup crown when they meet in this year’s final in Paris on Saturday.

2023-10-27

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Rugby-All Blacks tweak team with one change for World Cup final

New Zealand tweaked their team for Saturday’s Rugby World Cup final against South Africa with a single change but resisted any temptation to power up their bench to offset the forward-heavy list of replacements the Springboks named earlier on Thursday.

2023-10-26

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Rugby-Springbok forwards know the stakes after final selection gamble

South Africa’s forwards know any successful outcome of Saturday’s Rugby World Cup final depends on how they dominate New Zealand upfront after the Springboks made a surprise selection gamble for the clash at the Stade de France.

2023-10-26

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Rugby-Springboks start with Pollard, go 7-1 on the bench

Handre Pollard, who kicked South Africa to an emphatic victory in the last Rugby World Cup final, will start again in this year’s decider with another controversial 7-1 split among the forwards and backs on the Springbok bench for Saturday`s decider against New Zealand.

2023-10-26

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Rugby-Springbok hooker Mbonambi cleared to play in World Cup final

South Africa hooker Bongi Mbonambi has been cleared to play in Saturday’s Rugby World Cup final, World Rugby said on Thursday, after insufficient evidence was found that he used discriminatory language towards England flanker Tom Curry.

2023-10-26

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Rugby-Springbok focus on final despite Mbonambi controversy

South Africa have no problem focusing on Saturday`s Rugby World Cup final despite the controversy hanging over hooker Bongi Mbonambi and World Rugby`s investigation into alleged discriminatory behaviour, assistant coach Felix Jones said.

2023-10-25

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Sibanye says restructuring, closures could affect over 4,000 jobs

Sibanye Stillwater`s planned restructuring, which could see it close four loss-making platinum group metal (PGM) shafts in South Africa, could potentially result in the loss of 4,095 jobs, the mining firm said on Wednesday.

2023-10-25

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Rugby-South Africa`s `eccentric genius` Erasmus continues to divide opinion

Rassie Erasmus is a rugby maverick who has drawn stinging criticism for overstepping boundaries but stands on the brink of masterminding back-to-back World Cup wins for South Africa with his tactical innovation and outstanding reading of the game.

2023-10-25

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Cricket-De Kock leads batting carnage as South Africa trounce Bangladesh

MUMBAI (Reuters) -Quinton de Kock led South Africa`s batting carnage with an incendiary 174 as they crushed Bangladesh by 149 runs to stay on course for a place in the semi-finals of the 50-overs World Cup on Tuesday.

2023-10-24

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Amplats Q3 refined PGM output down 9%, maintains production guidance

South Africa`s Anglo American Platinum on Tuesday said its refined platinum group metal (PGM) output declined 9% during the third quarter, due to disrupted water supplies to its processing facilities and lower concentrate production.

2023-10-24

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Cricket-South Africa motivated by poor ODI record against Bangladesh, says Markram

South Africa are motivated by the desire to prove themselves against Bangladesh, Aiden Markram said on Monday as he called on the team to build on their massive 229-run World Cup victory over England.

2023-10-23

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Rugby-Springboks adapted better to wet conditions to claim last-gasp win claims coach

South Africa adapted better to poor conditions in their Rugby World Cup semi-final against England and were therefore able to sneak a narrow victory but need to make improvements before Saturday`s final, forwards coach Deon Davids said on Sunday.

2023-10-22

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Rugby-England rue scrum turnaround and lack of tries

In 2019 England lost the World Cup final to South Africa when their scrum was dismantled, with replacement prop Dan Cole widely criticised after being thrown into the mix in the third minute after Kyle Sinckler was knocked out.

2023-10-22

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Cricket-Klaasen smashes ton as South Africa thump England at World Cup

MUMBAI (Reuters) -Heinrich Klaasen scored a 61-ball century as South Africa posted 399 and then bowled England out for 170 in 22 overs to claim a massive 229-run victory in their Cricket World Cup pool stage clash at the Wankhede Stadium in Mumbai on Saturday.

2023-10-21

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Cricket-South Africa`s Klaasen, Jansen bludgeon England to post 399

Heinrich Klaasen scored a 61-ball century as South Africa posted a massive 399 for seven at the end of their 50 overs in the Cricket World Cup pool stage clash with England at the Wankhede Stadium in Mumbai on Saturday.

2023-10-21

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Cricket-England bowl first on Stokes return, no Bavuma for S Africa

England captain Jos Buttler won the toss and elected to bowl first in their Cricket World Cup pool clash against South Africa at the Wankhede Stadium in Mumbai on Saturday, as Ben Stokes returns from a hip injury to bolster the side.

2023-10-21

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Mercedes-Benz local boss urges South Africa to speed up EV shift

South Africa needs to regulate swiftly to spur demand for electric vehicles (EVs), the co-CEO of the local unit of Mercedes-Benz said on Wednesday, as the country`s automotive industry risks being irrelevant to the global market.

2023-10-18

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South Africa`s inflation rises sharply on food and fuel prices

Inflation in South Africa rose sharply in September but stayed within the central bank`s target range, fuelling analysts` expectations that interest rates would be left unchanged next month.

2023-10-18

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Rugby-France and South Africa bracing for brutal, but tactical battle

France expect a brutal clash with South Africa in their World Cup quarter-final, but strategy will probably play a more important part at the Stade de France, where physicality and sheer power will not be enough to go through on Sunday.

2023-10-14

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Cricket-Clarke sounds World Cup warning for Australia after South Africa defeat

Australia got their tactics and team selection all wrong in Thursday`s World Cup defeat by South Africa and the five-times champions must quickly get their act together if they are to avoid a group-stage exit, said former skipper Michael Clarke.

2023-10-13

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Cricket-South Africa thump Australia to stay unbeaten at World Cup

LUCKNOW, India (Reuters) -South Africa crushed Australia by 134 runs to cruise to their second victory at the World Cup, as Quinton de Kock struck back-to-back tons and Aiden Markram made a half-century before the bowlers ripped through the five-times champions on Thursday.

2023-10-12

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Rugby-France expect another brutal clash against South Africa

South Africa have based their domination on a powerful and skilful pack and France expect to face just that when they meet the holders in the World Cup quarter-finals on Sunday.

2023-10-11

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Cricket-Batters give S Africa belief, but bowlers need to back them up

South Africa’s record-breaking win over Sri Lanka in their Cricket World Cup opener on Saturday was a show of strength from their sizzling top six, but if they are to end their tournament curse in the 50-over format, their bowling unit needs to fire.

2023-10-08

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Cricket-Milestone man Markram trusts basic instincts

It took Aiden Markram only a couple of deliveries to realise it was going to be his day on a belter of a track, the South African power-hitter said after smashing the fastest ever century in men`s World Cup against Sri Lanka on Saturday.

2023-10-07

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S.African retailer SPAR exploring egg imports as bird flu hits supplies

Grocery retailer SPAR Group is exploring potentially importing eggs from several southern African countries as South Africa`s worst outbreak of avian flu hits egg supplies and threatens the supply of chicken meat.

2023-10-05

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UPDATE 1-South African rand slightly firms as US dollar dips

The South African rand traded slightly higher on Wednesday following several days of weakness as the softening of the U.S. dollar supported risk sentiment.

2023-10-04

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South African retailers ration eggs as shortages persist

South African grocery retailers Woolworths and Pick n Pay are limiting the amount of eggs shoppers can buy as the country`s worst outbreak of avian flu hits table egg supplies and threatens the supply of chicken meat.

2023-10-04

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Sub-Saharan Africa`s growth dragged down by continent`s heavyweights -World Bank

Sub-Saharan Africa`s economic growth is expected to slow this year, dragged down by slumps in heavyweights South Africa, Nigeria and Angola, the World Bank said on Wednesday.

2023-10-04

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Rugby-Springboks beat feisty Tonga 49-18 to close on quarters

MARSEILLE, France (Reuters) -Defending champions South Africa scored seven tries and moved a step closer to the Rugby World Cup quarter-finals with a bruising 49-18 victory over impressive Tonga in their Pool B clash on Sunday.

2023-10-02

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S.Africa`s RCL Foods culls 410,000 chickens amid bird flu outbreak

South Africa`s RCL Foods said on Thursday its poultry unit Rainbow has culled 410,000 chickens due to the country`s worst outbreak of avian flu, heightening fears of chicken meat and egg shortages.

2023-09-28

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Exclusive-South African utility Eskom pollutes more in bid to keep lights on

Four of South African state utility Eskom`s 15 coal-fired power plants are breaching government emissions regulations as it pushes ageing facilities to their limits, a Reuters analysis of company data found and Eskom officials confirmed.

2023-09-27

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DHL and Sasol join hydrogen firm HH2E on sustainable jet fuel project

German logistics giant DHL is teaming up with energy firm HH2E and South African petrochemicals firm Sasol on the expansion of sustainable aviation fuel (SAF) production in Germany, HH2E said on Monday.

2023-09-25

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S.Africa`s Quantum Foods says about 2 million chickens killed by bird flu

South African poultry producer Quantum Foods on Friday said nearly 2 million chickens worth 106 million rand ($5.63 million) have been killed by a bird flu outbreak, increasing fears of a table egg and meat shortage.

2023-09-22

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South Africa to host US-Africa trade summit despite Russia spat

South Africa will host a U.S.-Africa trade summit in November despite an earlier call by U.S. lawmakers for the event to be moved over what they said was the country`s deepening military relationship with Russia.

2023-09-20

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Novo Nordisk contracts Aspen to produce insulin for Africa

LONDON (Reuters) -Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South Africa for export to African countries through a low-cost government tender system, the Danish drugmaker said on Tuesday.

2023-09-19

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Novo Nordisk contracts South Africa`s Aspen to produce insulin for African nations

Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South Africa for export to African countries through a low-cost government tender system, the Danish drugmaker said on Tuesday.

2023-09-19

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Cricket-South Africa relieved after halting losing streak

South Africa’s win over Australia on Tuesday came as a major relief after a run of successive defeats threatened their confidence before next month’s World Cup, said man of the match Aiden Markram.

2023-09-12

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Cricket-Markram ton and spin twins see South Africa to ODI win over Australia

Aiden Markram`s century and a successful spin attack saw South Africa beat Australia by 111 runs in the third One Day International at the JB Marks Oval on Tuesday to win their first match of the five-game series.

2023-09-12

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Rugby-Springbok reality check leaves Scots still up against it

Scotland always faced a monumental challenge to get out of a daunting World Cup pool but, having lost to defending champions South Africa on Sunday, nothing has really changed - they will just probably need to beat the world`s number one team to avoid an early exit.

2023-09-10

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Rugby-South Africa overwhelm Scots to get World Cup defence up and running

MARSEILLE, France (Reuters) -South Africa got the defence of their title off to an impressive start on Sunday when a second-half surge allowed them to overpower a toothless Scotland 18-3 to move into a strong position in the World Cup`s “group of death”.

2023-09-10

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Cricket-Warner, Labuschagne tons as Australia crush South Africa

Swashbuckling centuries from David Warner and Marnus Labuschagne led Australia to a crushing 123-run win over South Africa in the second one-day international in Bloemfontein on Saturday.

2023-09-09

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Mangosuthu Buthelezi, Zulu prince who roiled South African politics, dead at 95

(Reuters) -Mangosuthu Buthelezi, a veteran South African politician, Zulu prince and controversial figure during the apartheid liberation struggle, has died, the presidency said on Saturday. He was 95.

2023-09-09

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Cricket-Concussion substitute Labuschagne knocks out South Africa

Marnus Labuschagne came on as a concussion substitute to steer Australia to a three-wicket win over South Africa in a one-day international on Thursday, leaving Australia’s selectors with thinking to do ahead of next month’s World Cup in India.

2023-09-07

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Raymond Ackerman, founder of South African grocer Pick n Pay, dies at 92

Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa`s leading grocery retailers, has died aged 92, the company said on Thursday.

2023-09-07

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Rugby-France wary of New Zealand threat ahead of much-awaited curtain raiser

New Zealand took a record beating by South Africa last month, but France are wary of the threat the All Blacks will pose when the two heavyweights face each other in the World Cup curtain raiser on Friday.

2023-09-05

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Miner ARM to tread carefully in hunt for overpriced green assets

(Reuters) -South Africa`s African Rainbow Minerals (ARM) is seeking lithium and copper acquisitions but is concerned about "crazy money" being paid for metal assets considered vital to the clean energy transition.

2023-09-04

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UPDATE 3-Miner ARM to tread carefully in hunt for overpriced green assets

South Africa`s African Rainbow Minerals (ARM) is seeking lithium and copper acquisitions but is concerned about "crazy money" being paid for metal assets considered vital to the clean energy transition.

2023-09-04

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Cricket-Australia`s Marsh stakes claim for opening role at World Cup

Mitchell Marsh is set to compete with Travis Head and David Warner for a slot at the top of Australia`s order at the World Cup after dominating with the bat in the Twenty20 series win over South Africa.

2023-09-04

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South Africa plans cost-cutting measures as revenue falls

South Africa`s National Treasury said it will implement a number of cost-cutting measures to rein in government spending, including a hiring freeze, after a shortfall in revenue collection.

2023-09-03

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Cricket-Marsh, Sangha lead Australia to big win over South Africa

A career-best unbeaten 92 from new captain Mitch Marsh propelled Australia to a comprehensive 111-run victory over hosts South Africa in the first Twenty20 International in Durban on Wednesday.

2023-08-30

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UPDATE 4-Sibanye brings in Chinese partner for Mopani Copper Mines bid

South Africa`s Sibanye Stillwater plans to bring in a Chinese investor to form a partnership if it wins its bid to buy Zambia`s Mopani Copper Mines, its Chief Executive Neal Froneman told Reuters.

2023-08-29

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South Africa and US note observer concerns on Zimbabwe elections

South Africa and the U.S. separately on Monday noted observers` concerns with last week`s presidential and parliamentary elections in Zimbabwe and called for peace, after the opposition called the vote a fraud.

2023-08-28

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BRICS payment system would not replace SWIFT -S.Africa finance minister

South Africa`s finance minister said on Thursday that the BRICS grouping would not be looking to replace international payment systems including SWIFT, but rather consider creating one that would strengthen trade in local currencies.

2023-08-24

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Highly mutated COVID variant found in new countries but pandemic in `a different phase’

A highly mutated COVID variant called BA.2.86 has now been detected in Switzerland and South Africa in addition to Israel, Denmark, the U.S. and the U.K., according to a leading World Health Organization official.

2023-08-24

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Rugby-Kolisi going all in against New Zealand as Springboks relish challenge

South Africa are gunning for a morale-boosting victory ahead of the World Cup when they face old foe New Zealand in a final warm-up at Twickenham on Friday, as captain Siya Kolisi says they will hold nothing back in what he expects to be a "beautiful game".

2023-08-24

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BRICS expansion faces eleventh hour hurdle as divisions persist

JOHANNESBURG (Reuters) -A deal to expand the BRICS group of leading developing countries appeared stuck in eleventh hour negotiations at a leaders summit on Wednesday, threatening to undermine the bloc`s ambition to give the "Global South" more clout in world affairs.

2023-08-23

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BRICS nations agree to expand developing world bloc

JOHANNESBURG (Reuters) -Leaders of the BRICS bloc of leading developing countries have agreed mechanisms for considering new members, South Africa said on Wednesday, paving the way for dozens of interested nations to join the group which has pledged to champion the "Global South".

2023-08-23

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BRICS nations agree on expansion, South Africa foreign minister says

JOHANNESBURG (Reuters) -Leaders of the BRICS bloc of leading developing nations - Brazil, Russia, India, China and South Africa - have agreed mechanisms for considering new members, South Africa`s foreign minister said on Wednesday.

2023-08-23

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China`s Xi calls for BRICS unity as bloc weighs expansion

China`s President Xi Jinping called for unity among his BRICS counterparts at a summit in South Africa on Wednesday as he pushed the case for expanding the grouping to face a global "period of turbulence and transformation".

2023-08-23

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No new BRICS bank members to be announced at summit: CFO

The New Development Bank of the BRICS group of nations will not be announcing new members at the BRICS Summit in South Africa this week, its Chief Financial Officer Leslie Maasdorp told Reuters on Wednesday.

2023-08-23

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BRICS no rival to G7 and G20, Brazil`s Lula says as bloc meets

Brazilian President Luiz Inacio Lula da Silva said on Tuesday that the BRICS bloc of nations aims to organise the developing Global South and is not meant to rival the United States and the Group of Seven (G7) wealthy economies.

2023-08-22

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Exclusive-S.African power utility Eskom gets $850 million tranche of state help with debts

South Africa`s Treasury has paid 16 billion rand ($852 million) to heavily indebted power utility Eskom, the first tranche of a debt relief package that will wipe off more than half its liabilities, acting CEO Calib Cassim said on Tuesday.

2023-08-22

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BRICS leaders meet in South Africa as bloc weighs expansion

Leaders of the BRICS nations - Brazil, Russia, India, China and South Africa - are due to open a summit in Johannesburg on Tuesday where they will weigh expanding membership as some members push to forge the bloc into a counterweight to the West.

2023-08-22

JSE:AVI

What is BRICS and who are its members?

JOHANNESBURG (Reuters) -The BRICS group of major emerging economies - Brazil, Russia, India, China and South Africa - will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24.

2023-08-21

JSE:AVI JSE:ISA

Factbox-What is BRICS and who are its members?

The BRICS group of major emerging economies - Brazil, Russia, India, China and South Africa - will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24.

2023-08-21

JSE:AVI JSE:ISA

Chinese president Xi to meet African leaders during BRICS summit

Chinese President Xi Jinping will meet African heads of state on the sidelines of the BRICS summit next week "to advance China-Africa cooperation in the new era", China`s ambassador to South Africa said on Friday.

2023-08-18

JSE:AVI

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Releases

2022-07-27
Trading Statement and Update for the year ended 30 June 2022
2022-06-15
Acceptance Of Share Appreciation Rights By Avi Directors And Directors Of Major Subsidiaries
2022-03-07
Results for the six months ended 31 December 2021 and interim dividend
2022-02-16
Notice to shareholders of AVI in terms of section 122(3) of the Companies Act
2022-01-25
Trading Statement And Update For The Six Months Ended 31 December 2021
2021-12-30
Dealings in securities
2021-12-30
Dealings in securities
2021-12-24
Dealings in securities
2021-12-22
Cancellation And Delisting Of 969 501 AVI Limited Ordinary Shares
2021-12-22
Dealings in securities
2021-12-22
Dealing In AVI Shares By Directors Of Major Subsidiaries
2021-12-21
Dealing In AVI Shares By An AVI Director
2021-12-21
Acceptance Of Share Options By The AVI Company Secretary
2021-12-21
Dealing In AVI Shares By A Director Of A Major Subsidiary

SENS Announcements

2024-03-18
Dealings in Securities
2024-03-15
Dealings in Securities
2024-03-08
Dealings in Securities
2024-03-04
Results for the six months ended 31 December 2023, and interim dividend
2024-01-23
Notice to shareholders of AVI in terms of section 122(3) of the Companies Act and paragraph 3.83(b) of the JSE
2024-01-23
Trading Statement and Update for the six months ended 31 December 2023
2023-12-05
Dealing in AVI shares by an executive director of AVI
2023-11-09
Change in beneficial interest
2023-11-08
Chairman's comment on trading conditions
2023-11-08
Results of Annual General Meeting
2023-10-30
Dealing In AVI Shares By An AVI Director And A Director Of A Major Subsidiary
2023-10-25
Dealing in AVI shares by a director of a major subsidiary
2023-10-23
Dealings in securities
2023-10-13
Acceptance of share options by AVI directors, directors of major subsidiaries, AVI company secretary and I&J
2023-10-12
Dealing in AVI shares by the Company Secretary
2023-10-09
Dealing In AVI Shares By A Non-Executive Director
2023-10-06
Dealing in AVI shares by a director of a Major Subsidiary
2023-10-06
Availability of Integrated Annual Report, Notice of Annual General Meeting and BEE Annual Compliance Report
2023-10-03
Dealing in AVI shares by an AVI director
2023-09-04
Results for the year ended 30 June 2023 and Final Dividend
2023-07-26
Trading Statement and update for the year ended 30 June 2023
2023-07-03
Broad-Based Black Economic Empowerment Transaction In I&J
2023-06-28
Changes to the board and board committees
2023-06-27
Resignation of non-executive director
2023-06-19
Acceptance of share options by AVI directors , directors of major subsidiaries and AVI company secretary
2023-06-02
Resignation and appointment of Independent non-executive directors and chairman
2023-03-06
Results for the six months ended 31 December 2022
2023-02-27
Appointment of Independent Non-Executive Director
2023-01-30
Resignation of non-executive director
2023-01-26
Trading Statement and update for the six months ended 31 December 2022
2022-11-10
Notice To Shareholders Of AVI In Terms Of Section 45(5) Of The Companies Act, 71 Of 2008
2022-11-10
Chairman's comment on trading conditions
2022-11-10
Results of annual general meeting
2022-11-01
Dealing in AVI shares by an AVI director
2022-10-27
Dealings in securities
2022-10-21
Dealing in AVI shares by directors of major subsidiaries
2022-10-17
Dealing in AVI shares by an AVI director
2022-10-11
Acceptance of share options by AVI Directors, Directors of major subsidiaries, AVI Company Secretary
2022-10-10
Dealings in securities
2022-10-07
No change statement and notice of annual general meeting
2022-10-04
Dealing in AVI shares by an AVI director and a director of a major subsidiary
2022-09-05
Results for the year ended 30 June 2022
2022-08-19
Change in beneficial interest
2022-07-27
Trading Statement and Update for the year ended 30 June 2022
2022-06-15
Acceptance Of Share Appreciation Rights By Avi Directors And Directors Of Major Subsidiaries