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General information

Sector: Consumer Services

The company is available at Interactive Brokers

SPAR Group Limited (JSE:SPP) is a warehousing and distribution business striving to provide its independent retailers and their customers with the freshest produce and highest quality merchandise at the right price, every day.

The SPAR Group Ltd (SPAR) operates mainly in South Africa, Ireland and Switzerland. The company serves a network of independent retailers who trade under its brands and are supplied through the company's distribution centres on a voluntary basis.

The company is a member of SPAR International which granted SPAR its South African licence in 1963. This has grown to include several country licences for the SPAR retail brand. Today, the company services 17 kinds of store formats in 14 countries, each with their network of distribution centres.

Of SPAR's turnover, 32.1% is generated in foreign currency. The company has significant operations in South Africa, Ireland (which includes South West England) and Switzerland, with smaller business interests in Sri Lanka and Zambia. The company owns SPAR licences for Namibia, Botswana, Mozambique and Angola, serviced through its South African distribution centres.



  • Bad financial results growth rate -17.8% (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 0.5% (LTM)
  • Share price is 5.5% higher than minimum and 56.0% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (8.5x vs
    )
  • Fundamental value created in LTM (estimate)

Key Financials

Share price, ZAR:  (0.0%)91.36
Share price, USD: 4.87
Common stocks: 192 644 483

Dividend Yield:  0.0%
FCF Yield LTM: 0.5%
EV / LTM EBITDA: 8.5x
Last revenue growth (y/y):  -4.8%
Last growth of EBITDA (y/y):  -30.8%
Historical revenue growth:  +2.0%
Historical growth of EBITDA:  +0.5%
Target EV / EBITDA (hist percentile):
Fundamental value created in LTM:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 938
Net Debt ($m): 1 334
EV (Enterprise Value): 2 272
EBITDA LTM ($m): 268
EV / LTM EBITDA: 8.5x
Price to Book: 1.73x

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

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JSE:SPP JSE:MPT JSE:ARH JSE:ISA

Threads, Meta’s Twitter rival, is launching later this week

Threads, Instagram’s text-based conversation app, is expected to be released on Thursday.

2023-07-04 07:31 +02:00
by Agency Staff

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New MD for SAP in Southern Africa

SAP has appointed Kholiwe Makhohliso to lead its Southern African operation, replacing Cathy Smith.

2023-07-03 10:55 +02:00
by Agency Staff

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RMB: SA e-commerce to match developed world by 2026

Rand Merchant Bank expects e-commerce adoption in South Africa to achieve “developed market penetration levels” by then.

2023-06-22 15:16 +02:00
by Staff Reporter

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Oracle ERP upgrade knocks Mr Price

Implementation of a new software system from Oracle has negatively impacted Mr Price Group’s full-year results.

2023-06-22 11:46 +02:00
by Sandra Laurence

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How smart meters could help end load shedding

Eskom recently announced plans to install smart meters in homes nationwide as it seeks ways to reduce energy demand.

2023-06-19 20:22 +02:00
by Tadek Szutowicz

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Vodacom’s Jorge Mendes is new Cell C CEO

Cell C has appointed Jorge Mendes as its CEO, replacing Douglas Craige Stevenson, who stepped down in March.

2023-06-15 07:23 +02:00
by Duncan McLeod

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Botched SAP project costs Spar R786-million

A botched implementation of SAP cost Spar Group a fortune in lost wholesale turnover in the six months to end-March 2023.

2023-06-14 12:09 +02:00
by Sandra Laurence

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Reuters Headlines

S.Africa`s Transnet curbs coal trucks at Richards Bay terminal due to congestion

South African state-owned logistics company Transnet said on Monday it was suspending processing trucks carrying coal to its Richards Bay terminal in order to restore order after unprecedented traffic coming into the port.

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-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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UPDATE 1-South African rand slips against stronger dollar; shares plunge

South Africa`s rand continued to give back some of last week`s gains on Tuesday as the U.S. dollar traded higher.

2023-11-07

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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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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-CEO of South Africa`s Transnet freight rail unit resigns

The head of South Africa`s struggling Transnet freight rail unit Sizakele Mzimela on Thursday confirmed her resignation from the state-owned logistics firm, days after the group CEO also announced plans to step down.

2023-10-05

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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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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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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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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 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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Soccer-South Africa`s joy at Women`s World Cup win brings hope of change

South Africa’s stunning 3-2 win over Italy at the Women’s World Cup on Wednesday sparked celebrations at home and won presidential praise on the eve of the country`s opening gambit in a bid to host the 2027 edition of the tournament.

2023-08-02

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The BRICS are better off disbanding than expanding

The BRICS are an acronym searching for a geopolitical role. When Brazil, Russia, India, China and South Africa get together for their annual summit in Johannesburg next month, a top issue for discussion will be whether to expand the club. Emerging economies might be better off if it disbands.

2023-07-31

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UPDATE 1-S.Africa to ink deal with state-owned firm for internet access

The South African government is close to announcing a deal with partly state-owned telecoms firm Telkom, communications minister Mondli Gungubele said on Tuesday, quashing speculation the government might sell its 40% stake in the company.

2023-07-25

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Golf-Fleetwood, Lamprecht set pace at British Open

HOYLAKE, England (Reuters) -Tommy Fleetwood took advantage of benign conditions to shoot a sparkling 66 and share the British Open first-round lead with South African amateur Christo Lamprecht on Thursday.

2023-07-20

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South Africa can boost coal exports if Chinese supplier restored -Transnet

South Africa can boost coal shipments to ports after last year`s record decline if it secures locomotives that were idled following a dispute with a key Chinese supplier, South Africa`s state-owned rail and ports operator said on Tuesday.

2023-07-18

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In upcycling drive, South African designers give new life to Western fashion waste

Two South African aspiring designers, Khumo Morojele and Klein Muis, spend hours at a second-hand street market in Johannesburg looking for fashion items.

2023-07-14

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South African court rules against ex-president Zuma in parole release finding

South Africa`s top court on Thursday rejected an attempt to overturn a previous decision that found former president Jacob Zuma should go back to jail after being released early on medical parole.

2023-07-13

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South African food producers warn of higher prices as infrastructure crumbles

South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure.

2023-07-05

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UPDATE 2-South Africa`s rand jumps on improving investor sentiment

The South African rand extended gains on Monday, building from the previous week, as investor sentiment towards Africa`s most industrialised economy improved.

2023-06-12

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UPDATE 1-South African rand hits new low amid dollar strength, poor outlook

The South African rand hit a record low on Tuesday on the back of a strengthening dollar and souring local investor sentiment that has seen massive capital outflows from the country.

2023-05-30

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S.Africa`s army chief visits Moscow for bilateral talks

JOHANNESBURG (Reuters) -The South African National Defence Force (SANDF) said on Monday that its army chief, Lawrence Mbatha, was in Moscow for a bilateral meeting, where he will visit Russian military academies and hold talks with officials.

2023-05-15

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G7 should adopt `risk-based` AI regulation, ministers say

TAKASAKI (Reuters) -Group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on emerging tools such as ChatGPT.

2023-04-30

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Montana governor signs bill banning transgender medical care for youths

Montana`s governor on Friday enacted a Republican-backed ban on gender-affirming medical care for transgender children, days after a transgender lawmaker protesting the bill was barred from the floor of the state legislature, sparking a national furor.

2023-04-29

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Scores of world figures urge Putin to free Navalny in open letter

Scores of famous figures, including writers and actors, have signed an open letter urging Russian President Vladimir Putin to free opposition politician Alexei Navalny and to end what they called his torture in prison.

2023-04-28

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UN body deplores `grave` rights abuses by Russia in Ukraine

GENEVA (Reuters) -A United Nations committee said on Friday it was deeply concerned about human rights violations by Russian forces and private military companies in Ukraine, including enforced disappearances, torture, rape and extrajudicial executions.

2023-04-28

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UN body deeply concerned at `grave` human rights abuses by Russia in Ukraine

A United Nations committee said on Friday it was deeply concerned about human rights violations by Russian forces and private military companies in Ukraine, including enforced disappearances, torture, rape and extrajudicial executions.

2023-04-28

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U.S. senator introduces bill targeting AI`s shortfalls

Senator Michael Bennet introduced a bill on Thursday that would create a task force to look at U.S. policies on artificial intelligence, and identify how best to reduce threats to privacy, civil liberties and due process.

2023-04-28

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Asian stocks up, yen dips as BOJ keeps ultra-low rates

Asian stocks rose on Friday as strong corporate earnings lifted sentiment despite lingering worries over economic weakness, while the yen dipped after the Bank of Japan kept rates ultra-low even as it announced a broad review of monetary policy.

2023-04-28

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Palace email says queen knew Murdoch`s UK group spied on her family

LONDON (Reuters) -Queen Elizabeth knew that Rupert Murdoch`s UK newspaper arm had been spying on her family and their friends, and authorised her staff to "draw a line" under the issue, according to an email released on Thursday in a lawsuit by her grandson Prince Harry.

2023-04-27

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Palace email says queen knew Murdoch papers spied on her family

Queen Elizabeth knew that Rupert Murdoch`s newspapers had been spying on her family and their friends, and authorised her staff to "draw a line" under the issue, according to an email released on Thursday in a lawsuit by her grandson Prince Harry.

2023-04-27

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US Senate to vote on Equal Rights Amendment, a century after introduction

The U.S. Senate is set to vote on Thursday on a measure that could allow the Equal Rights Amendment to be added to the Constitution, though Republican opposition will likely doom the measure to failure.

2023-04-27

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DeSantis says Disney lawsuit has no merit, is political

Florida Governor Ron DeSantis on Thursday brushed off a lawsuit against him by Walt Disney Co, describing it as politically motivated and accusing the company of lacking accountability and transparency.

2023-04-27

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Harry not criticising queen over hacking deal with Murdoch`s UK group, court told

Prince Harry is not criticising his grandmother, the late Queen Elizabeth, or Britain`s royal family over a "secret agreement" with Rupert Murdoch`s UK newspaper arm, his lawyer told London`s High Court on Wednesday.

2023-04-26

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Member of Iran`s powerful clerical body assassinated - Fars

DUBAI (Reuters) -A member of Iran`s influential clerical body was assassinated in the country`s northern province of Mazandaran on Wednesday, the semi-official Fars news agency reported, adding that the suspected killer had been detained.

2023-04-26

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Analysis-Debt ceiling worries bubble up in US stock options market

Worries over a debt ceiling showdown are creeping into U.S. options markets, as investors grow increasingly concerned that lawmakers will be unable to hammer out a deal in coming weeks, potentially sparking stock volatility as a key deadline nears.

2023-04-26

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US, EU, Latin American countries meet to encourage Venezuela elections

Representatives from 19 countries and the European Union are meeting in Bogota on Tuesday to try to reinvigorate talks between the Venezuelan government of Nicolas Maduro and opposition political parties.

2023-04-25

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Voters say neither Biden nor Trump should run in 2024 - Reuters/Ipsos

About half of U.S. Democrats say President Joe Biden should not seek re-election next year and that he is too old to run, a worrisome sign for the 80-year-old, a Reuters/Ipsos poll found.

2023-04-25

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Factbox-Lawsuit against Donald Trump by writer who accuses him of rape

Here are some facts about the civil lawsuit going to trial on Tuesday brought by former Elle magazine advice columnist E. Jean Carroll against former U.S. President Donald Trump, whom she accuses of rape.

2023-04-25

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UK warns China secrecy over military expansion risks `tragic miscalculation`

British foreign minister James Cleverly will urge China to be more open about the reasons behind what he called the biggest military build-up in peacetime history and said secrecy could lead to a "tragic miscalculation".

2023-04-25

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Alphabet CEO Pichai reaps over $200 million in 2022 amid cost-cutting

Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee`s pay, the company said in a securities filing on Friday.

2023-04-22

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U.S. financial regulators to tighten rules on non-banks, systemic risks

WASHINGTON (Reuters) -Top U.S. regulators on Friday proposed new rules to speed the assessment of financial stability risks and make it easier to designate non-bank institutions as systemically important, subjecting them to Federal Reserve supervision.

2023-04-22

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U.S. financial regulators to tighten rules on non-bank firms, risk assessment

WASHINGTON (Reuters) -The Financial Stability Oversight Council on Friday proposed guidance to make it easier to designate non-bank financial institutions for regulatory supervision and new procedures to better identify and respond to financial system risks.

2023-04-21

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Judge rules Trump free to skip rape accuser`s trial, jurors won`t hear why

Donald Trump is free to skip a New York trial over accusations he raped a writer nearly 30 years ago, but jurors will not be told his absence was meant to spare them and the city snarled traffic and heavy security, a federal judge ruled on Thursday.

2023-04-20

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Can the British monarchy survive in its gilded cage?

As Britain prepares to crown King Charles III in a ceremony with traditions dating back some 1,000 years, the monarchy confronts a question it has faced down the centuries: how does it survive in the modern world?

2023-04-20

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UN chief to convene meeting to work on way forward on Afghanistan

UNITED NATIONS (Reuters) -U.N. Secretary-General Antonio Guterres will convene envoys on Afghanistan from various countries next month to work on a unified approach to dealing with the Taliban authorities, the United Nations said on Wednesday.

2023-04-20

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Top national security adviser to Brazil`s Lula resigns

BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva`s top national security adviser resigned on Wednesday, the presidential palace said, amid a scandal related to the aide`s presence during the storming of government buildings in the capital.

2023-04-20

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Florida education board extends ban on gender identity lessons to all grades

(Reuters) -Florida education officials voted on Wednesday to ban classroom instruction on gender identity and sexual orientation in all public school grades, expanding on a law signed by Republican Governor Ron DeSantis that barred such lessons for younger students and was derided by critics as the "Don`t Say Gay" bill.

2023-04-19

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US Supreme Court tackles religious bias claim against Postal Service

The U.S. Supreme Court on Tuesday is set to hear an evangelical Christian former mail carrier`s claim of religious discrimination against the U.S. Postal Service after he was disciplined for refusing to work on Sundays in a case that could make it harder for employers to deny religious accommodations.

2023-04-18

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Holocaust survivor finds her place among Israeli protesters

Esther Paran navigated her way in a wheelchair through the throngs of Israelis marching through Tel Aviv in protest at government plans to overhaul the country`s judicial system.

2023-04-18

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Rishi Sunak investigated over wife`s interest in UK childcare firm

LONDON (Reuters) -British Prime Minister Rishi Sunak is being investigated by parliament`s standards watchdog over whether he properly declared his wife`s shareholding in a childcare company which stands to benefit from new government policy.

2023-04-17

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Moody`s outlook downgrade fuels split reaction in Israel

JERUSALEM (Reuters) -Israel`s finance minister on Sunday said Moody`s decision to cut the outlook for Israel`s sovereign credit rating was "not a big drama" and reiterated his stance that the government`s plan to overhaul the judiciary would help the economy.

2023-04-16

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Moody`s Israel rating outlook cut "not big drama," finance minister says

Israeli Finance Minister Bezalel Smotrich on Sunday said Moody`s decision to cut the outlook for Israel`s sovereign credit rating was "not a big drama" and that the government`s plan to overhaul the judiciary would help the economy.

2023-04-16

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France`s Macron signs contested pension bill into law

French President Emmanuel Macron has signed into law a bill to raise the state pension age that sparked mass protests, the government`s official journal showed on Saturday.

2023-04-15

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Exclusive: Chinese firm imported copper from Russian-controlled part of Ukraine - data

A Chinese company bought at least $7.4 million worth of copper alloy ingots from a plant in a Russian-annexed region of Ukraine that is subject to Western sanctions, according to Russian customs data reviewed by Reuters.

2023-04-14

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Delta remains bullish on travel demand, forecasts strong earnings

Delta Air Lines on Thursday offered an upbeat outlook for summer travel demand that it expects will result in higher-than-expected profit for the quarter through June, despite growing risks of an economic recession.

2023-04-14

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Kentucky police video shows desperate rush to stop mass shooting, save lives

The desperate rush by a rookie policeman and his training officer to bring a mass shooting at a Kentucky bank to a halt was captured in spare but dramatic detail in footage from their body cameras, released by authorities on Tuesday.

2023-04-12

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Dozens of dead stingrays found on Brazil beach

Dozens of dead stingrays appeared on a beach in Rio de Janeiro this week, sparking confusion and concern in the local community.

2023-04-12

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US Education Secretary Cardona: focus on banning assault weapons, not books

WASHINGTON (Reuters) -U.S. Secretary of Education Miguel Cardona said people seeking to remove books about race and diversity from schools should concentrate on banning assault weapons instead, during an interview with Reuters this week about challenges facing the U.S. education system.

2023-04-12

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US Education Secretary Cardona discusses transgender athletes, debt, history lessons

WASHINGTON (Reuters) -As U.S. Secretary of Education, Miguel Cardona, a former elementary school teacher and principal, oversees the country`s sprawling 100,000-strong K-12 school system, grapples with its nearly $2 trillion in student debt and has helped lead post-COVID-19 reopenings and new battles over how American history is taught to children.

2023-04-11

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U.S. Education Secretary Cardona on transgender athletes, student debt, history lessons

As U.S. Secretary of Education, Miguel Cardona, a former elementary school teacher and principal, oversees the country`s sprawling 100,000-strong K-12 school system, grapples with its nearly $2 trillion in student debt and has helped lead post-COVID-19 reopenings and new battles over how American history is taught to children.

2023-04-11

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Griner working on memoir about her `unfathomable` Russian detainment

American basketball star Brittney Griner, who was freed from a Russian penal colony in a high-profile prisoner exchange last year, will share her "harrowing experience" in a memoir to be released next year, publisher Alfred A. Knopf said on Tuesday.

2023-04-11

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Russian parliament backs electronic call-up papers in crackdown on draft dodgers

MOSCOW (Reuters) -Russia is ready to introduce electronic military draft papers for the first time in its history in an effort to make it harder for men to avoid being drafted after the lower house of parliament gave its backing to the move.

2023-04-11

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Alibaba to roll out generative AI across apps, Beijing flags new rules

Alibaba Group Holding Ltd on Tuesday showed off its generative AI model - its version of the tech that powers chatbot sensation ChatGPT - and said it would be integrated into all of the company`s apps in the near future.

2023-04-11

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South Korea says leaked US intel document `untrue`, amid spying allegations

SEOUL (Reuters) -South Korea said on Tuesday that information contained in a purportedly leaked U.S. confidential document that appeared to be based on internal discussions among top South Korean security officials was "untrue" and "altered".

2023-04-11

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Nashville board reinstates Black lawmaker expelled from Tennessee House

NASHVILLE, Tennessee (Reuters) -A Nashville-area county council on Monday voted to reinstate Representative Justin Jones to the Tennessee House of Representatives, reversing Republican lawmakers who ousted Jones and another young, Black legislator last week for staging a gun control protest on the House floor.

2023-04-11

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Nashville-area board returns lawmaker expelled from Republican-controlled statehouse

(Reuters) -A Nashville-area county council on Monday voted to name expelled state Representative Justin Jones as the interim lawmaker to fill his vacated seat, reversing Republican lawmakers who ousted Jones and another young, Black legislator last week for staging a gun control protest on the House floor.

2023-04-11

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US warship sails near manmade Chinese-controlled isle in S.China Sea

BEIJING (Reuters) -A U.S. Navy destroyer sailed near one of the most important man-made and Chinese controlled islands in the South China Sea on Monday, in a freedom of navigation mission that Beijing denounced as illegal.

2023-04-10

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US Navy says destroyer conducts navigational rights mission in S. China Sea

The U.S. Navy said its guided-missile destroyer USS Milius conducted a navigational rights and freedoms mission in the South China Sea near the Spratly Islands on Monday.

2023-04-10

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Irish PM seeks to restore Northern Ireland power-sharing within months

Irish Prime Minister Leo Varadkar pledged on Sunday to intensify efforts with his British counterpart Rishi Sunak to restore power-sharing government in Northern Ireland and hopes to break the deadlock there in the next few months.

2023-04-09

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Israel rejects claim Mossad backed judiciary overhaul protests

Israel`s government on Sunday rejected claims raised in documents allegedly leaked from the Pentagon that leaders of its foreign intelligence service Mossad had supported nationwide protests against a proposed overhaul of Israel`s judiciary.

2023-04-09

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After days of violence, Jerusalem prayers end peacefully

JERUSALEM (Reuters) -Ramadan prayers and Jewish Passover visits at the Al-Aqsa Mosque compound passed without incident on Sunday, after days of tension at the flashpoint Jerusalem site which led to cross-border exchanges of fire.

2023-04-09

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After tense night, thousands pray at Jerusalem`s Western Wall

Dawn Ramadan prayers at the Al-Aqsa Mosque compound ended peacefully on Sunday after days of heightened tension at the flashpoint Jerusalem site, as a mass‮ ‬Passover benediction at the adjacent Western Wall began.

2023-04-09

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Harris backs expelled Tennessee lawmakers, chides Republicans for ousting them

NASHVILLE (Reuters) -U.S. Vice President Kamala Harris flew to Nashville on Friday in a show of support for Tennessee state lawmakers expelled for staging a rule-breaking demonstration for gun control on the statehouse floor after a recent school shooting.

2023-04-08

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Who is Republican donor and Justice Clarence Thomas` friend Harlan Crow?

Real estate magnate Harlan Crow has come under scrutiny after ProPublica reported on Thursday that U.S. Supreme Court Justice Clarence Thomas accepted luxury trips over decades from the Republican donor despite a federal law requiring the disclosure of most gifts. The following are some key facts about Crow.

2023-04-08

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US inflation data to test market’s bets on future Fed easing

A closely watched U.S. inflation report next week could help settle one of Wall Street’s most pressing questions: whether the market has correctly pegged the near-term trajectory for interest rates.

2023-04-07

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U.S. Supreme Court Justice Thomas` career marked by controversies

Clarence Thomas` career as a U.S. Supreme Court justice began following one of the most contentious confirmation battles in Senate history and 32 years later this conservative champion continues to draw controversy.

2023-04-07

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U.S. Supreme Court Justice Thomas defends trips financed by `dearest friends`

(Reuters) -U.S. Supreme Court Justice Clarence Thomas on Friday defended luxury trips he has taken over decades, funded by real estate magnate and Republican donor Harlan Crow, saying he had been advised that he was not required to report this type of "personal hospitality" under federal rules.

2023-04-07

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S.Africa`s Transnet seeks partner for locomotives leasing unit

South Africa`s Transnet is looking for a partner in a venture to acquire and lease rolling stock to rail operators, it said on Tuesday, as it seeks to overcome logistics problems that led to its worst performance in a decade last year.

2023-04-04

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Cricket-Windies skipper smashes his side to T20 win over South Africa

West Indies captain Rovman Powell smashed a quickfire 43 not out to propel his side to a three wicket victory over South Africa in a rain reduced Twenty20 international clash on Saturday.

2023-03-25

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S.Africa`s Exxaro Resources says coal prices cooling off

(Reuters) -South Africa`s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warned prices were easing, partly due to high inventories at European power utilities.

2023-03-16

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S.Africa`s Exxaro Resources annual profit surges on hot coal prices

South Africa`s Exxaro Resources reported on Thursday a 28% jump in its annual profit, supported by higher coal prices, and also declared a lower dividend payout as the miner still faces rail logistics problems.

2023-03-16

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South African miner ARM`s shares slide on dividend payout

(Reuters) -Shares in African Rainbow Minerals (ARM) plunged on Monday as a 40% jump in half-year profit was overshadowed by its dividends and concern over production and sales prospects.

2023-03-06

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UPDATE 2-South African miner ARM`s shares slide on dividend payout

Shares in African Rainbow Minerals (ARM) plunged on Monday as a 40% jump in half-year profit was overshadowed by its dividends and concern over production and sales prospects.

2023-03-06

JSE:ARI JSE:SPP JSE:MPT

S.African miner ARM`s profit up 40% on higher coal, manganese prices

(Reuters) -South Africa`s African Rainbow Minerals (ARM) on Monday reported a 40% jump in its half-year profit, as higher coal and manganese prices offset the impact of cost pressures and rail logistics problems.

2023-03-06

JSE:ARI JSE:SPP JSE:MPT

UPDATE 1-S.African miner ARM`s profit up 40% on higher coal, manganese prices

South Africa`s African Rainbow Minerals (ARM) on Monday reported a 40% jump in its half-year profit, as higher coal and manganese prices offset the impact of cost pressures and rail logistics problems.

2023-03-06

JSE:ARI JSE:SPP JSE:MPT

Sibanye says power cuts could lower S.Africa`s PGM output 15%

(Reuters) -Power cuts could reduce the output of platinum group metals (PGM) in South Africa, the world`s leading supplier of the minerals, by up to 15% this year, diversified miner Sibanye Stillwater said on Tuesday.

2023-02-28

JSE:AGL JSE:AMS JSE:SSW JSE:SPP JSE:MPT

South African grocery CEOs urge govt to rethink diesel rebates

South Africa`s three largest grocery retailers joined forces to criticise the government on Thursday for not offering a tax rebate on diesel use, as crippling power cuts increase their costs.

2023-02-23

JSE:SHP JSE:SPP JSE:AVI JSE:MPT JSE:ISA

UPDATE 3-Amplats shares fall after power outages dim outlook

Exiting Amplats CEO says will ensure stability and continuity

2023-02-20

JSE:AGL JSE:AMS JSE:INP JSE:SPP JSE:INL JSE:AVI JSE:MPT

S. Africa`s Sasol expects HY profit to double on higher oil price

South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong oil prices and despite operational challenges in its domestic unit.

2023-02-07

JSE:SOL JSE:SPP JSE:MPT

South Africa`s RBCT coal exports hit 29-year low in 2022

JOHANNESBURG (Reuters) -Coal exports from South Africa`s Richards Bay Coal Terminal (RBCT) hit their lowest level since 1993 last year, at 50.35 million tonnes, reflecting a lack of trains to carry coal from mines to port.

2023-01-26

JSE:GLN JSE:EXX JSE:SPP

Yellen welcomes South Africa`s energy transition, steers clear of Russia mention

U.S. Treasury Secretary Janet Yellen on Thursday lauded South Africa`s "bold" participation in the so-called Just Energy Transition Partnership backed by the United States and other Western nations, but steered clear of mentioning U.S. concerns about Pretoria`s planned military drills with China and Russia.

2023-01-26

JSE:SPP JSE:ARH

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Releases

2022-08-12
Acceptance of shares by directors and company secretary
2022-08-12
Voluntary announcement: Update on SPAR Poland strategy
2022-06-15
Notice pursuant to section 45(5) of the Companies Act No. 71 of 2008
2022-06-14
Dealings in securities by the company secretary
2022-06-08
Unaudited interim results for the six months ended 31 March 2022 and cash dividend declaration
2022-03-31
Notice of an acquisition of a beneficial interest in SPAR securities
2022-03-18
Appointment of company secretary
2022-03-09
Engagement with shareholders and investors regarding the group’s remuneration implementation report
2022-03-09
Dealing in securities by the acting company secretary
2022-02-24
Dealings in securities by the Spar Group Limited Conditional Share Plan (“CSP”) and the acting company secretary
2022-02-16
Update to the group dividend policy
2022-02-16
Results of annual general meeting
2022-02-15
Trading update for the 18 weeks to 29 January 2022
2021-12-22
Availability of the annual reporting documents, notice of AGM and availability of the B-BBEE report
2021-12-08
No change statement and clarification announcement
2021-12-07
Dealing in securities by a director
2021-12-07
Changes to the board of directors and board committees

SENS Announcements

2024-04-25
Notice of an acquisition of a beneficial interest in SPAR securities
2024-03-26
Voluntary trading update for the 24 weeks ended 15 march 2024 and pre-close call
2024-03-04
Dealings in securities by the Spar Group Limited Conditional Share Plan (“CSP”)
2024-03-01
Notice pursuant to section 45(5) of the Companies Act, No. 71 of 2008 (“Companies Act”)
2024-02-26
Availability of updated B-BBEE annual compliance report and change to board committee
2024-02-22
Appointment of an independent non-executive director and changes to board committees
2024-02-22
Acceptance of shares by directors and company secretary
2024-02-21
Results of annual general meeting
2024-02-21
Trading update for the 20 weeks to 16 February 2024
2024-02-01
Changes to board committees
2023-12-22
Notice of an acquisition of a beneficial interest in SPAR securities
2023-12-21
Availability & distribution of integrated annual report, notice of AGM & availability of B-BBEE compliance report
2023-12-20
Dealings in securities by the Spar Group Limited Conditional Share Plan (“CSP”)
2023-12-11
Changes to the board of directors: appointment of independent non-executive directors
2023-12-08
Acceptance of shares by directors & dealings in securities by The SPAR Group Limited Conditional Share Plan (“CSP”)
2023-12-07
Correction announcement: consolidated annual financial statements for the year ended 30 September 2023
2023-11-30
Group results for the year ended 30 September 2023
2023-11-23
Trading statement for the year ended 30 September 2023
2023-11-20
Changes to the board of directors and board committees, and 2023 annual results presentation
2023-10-11
Notice pursuant to section 45(5) of the companies act, no. 71 of 2008 (“Companies Act”)
2023-10-05
Notice of an acquisition of a beneficial interest in SPAR securities
2023-09-28
Trading update for the 47 weeks to 25 August 2023 and changes to the board and board committees
2023-09-08
Results of special general meeting
2023-08-30
Changes to the board
2023-08-10
Notice of special general meeting
2023-08-02
Notice of a disposal of a beneficial interest in SPAR securities
2023-07-28
Changes to the board: appointment of group chief executive officer and group chief operating officer
2023-07-27
Notice of an acquisition of a beneficial interest in SPAR securities
2023-07-25
Dealing in securities by the Spar Group Limited Conditional Share Plan (“CSP”)
2023-06-14
Change to the board
2023-06-14
Unaudited interim results for the six months ended 31 March 2023
2023-06-07
Notice of an acquisition of a beneficial interest in SPAR securities
2023-05-31
Trading update and trading statement for the six months ended 31 March 2023
2023-05-18
Dealings in securities by the Spar Group Limited Conditional Share Plan (“CSP”)
2023-05-04
Update regarding the appointment of a new group chief executive officer and change of company secretary
2023-03-02
Notice of an acquisition of a beneficial interest in SPAR securities
2023-02-21
Dealings in securities by a director and the company secretary
2023-02-15
Changes to board committees
2023-02-15
Notice pursuant to section 45(5) of the companies act, no. 71 of 2008 (“Companies Act”)
2023-02-14
Results of AGM and engagement with shareholders regarding the remuneration policy and implementation report
2023-02-14
Trading update for the 18 weeks to 28 January 2023
2023-02-06
Notice of an acquisition of a beneficial interest in Spar securities
2023-02-06
Dealings in securities by the SPAR Group Limited Employee Share Trust
2023-02-02
Notice of an acquisition of a beneficial interest in SPAR securities
2023-01-30
Change to board committee
2023-01-30
Temporary arrangements relating to management
2023-01-19
Update regarding recent allegations and governance related matters
2023-01-17
Changes to the board of directors & withdrawal of a resolution to be adopted at the upcoming annual general meeting
2023-01-12
Dealings in securities by a director
2023-01-10
Changes to board committee
2022-12-22
Updated integrated annual report
2022-12-21
No change statement, notice of annual general meeting and availability of the B-BBEE annual compliance report
2022-12-15
Changes to the board
2022-12-09
Changes to the board
2022-12-09
Update on recent media allegations
2022-12-08
Notice of an acquisition of a beneficial interest in Spar securities
2022-11-25
Exercise of options by a director
2022-11-21
Dealings in securities by the Spar Group Ltd Conditional Share Plan and the Spar Group Ltd Employee Share Trust
2022-11-16
Changes to the board committees
2022-11-16
Summarised consolidated group results for the year ended 30 September 2022 and cash dividend declaration
2022-10-04
Dealings in securities by a director of Spar and the Spar Group Limited Employee Share Trust and exercise of options
2022-08-12
Acceptance of shares by directors and company secretary
2022-08-12
Voluntary announcement: Update on SPAR Poland strategy
2022-06-15
Notice pursuant to section 45(5) of the Companies Act No. 71 of 2008
2022-06-14
Dealings in securities by the company secretary
2022-06-08
Unaudited interim results for the six months ended 31 March 2022 and cash dividend declaration