Search results for 'Pick n Pay'
Zimbabwe
Takealot’s Mr D drives Pick n Pay sales

South Africa’s 2nd largest retailer Pick n Pay said its online sales volumes significantly soared after hopping onto the Mr D’s delivery app. The company achieved total online sales growth for the yea

May 11, 2023
South Africa
Pick n Pay's H1 FY24 Trading Update Shows Good Progress Despite Load Shedding Costs

According to the report, Group sales for the first four and a half months of FY24 increased by 4.8%, with South Africa sales growth for this period at 4.4% (0.9% like-for-like).

Jul 20, 2023
Zimbabwe
Pick n Pay Announces Major Recapitalization and Potential Boxer Spin-Off

Pick n Pay, the prominent South African grocery and retail group which has a partnership with TM Supermarkets in Zimbabwe, a Meikles subsidiary, has unveiled a significant strategic plan that could re

May 29, 2024
Zimbabwe
Pick n Pay's Transformative R4bn Capital Raise

Pick n Pay, a leading South African retailer, has successfully raised a substantial R4 billion (US$218 million) through a rights offer that was oversubscribed, reflecting strong investor confidence in

Aug 08, 2024
South Africa
Pick n Pay’s Strategic Pivot: Online Growth Pacifies Physical Store Closures

The global retail landscape is undergoing a seismic shift, driven by the rapid rise of online sales and the gradual decline of traditional brick-and-mortar stores. This trend is reshaping the supermar

Feb 05, 2025

Top Stories

Zimbabwe Surpasses 40-Tonne Gold Target Early, Earnings Eye Over $4 Bn: But is Treasury Benefiting?

Zimbabwe's gold sector has achieved a notable milestone in 2025, surpassing its annual production target of 40 tonnes with a cumulative year-to-date output of 41.4 tonnes as of November, exceeding pro

Dec 11, 2025

Kavango Extends Nara Deal as Legal Hurdles Slow Completion

Kavango Resources plc, the London- and VFEX-listed exploration company, has pushed back completion of its planned acquisition of the Nara Gold Project to 27 February 2026, a move that while expected w

Dec 11, 2025

Nampak's Volumes Down 5%, Cash Up 264% as Balance Sheet Strengthens in Tough Year

Nampak Zimbabwe, the country’s dominant packaging manufacturer, delivered a classic tale of top-line pressure and bottom-line resilience for the financial year ended 30 September 2025. Group sales vol

Dec 09, 2025

Zimbabwe's Exports Surpass $1 Billion for First Time, Imports Steal the Show at $1.03 Billion

Zimbabwe has achieved a historic milestone in October 2025, with monthly exports surpassing the US$1 billion threshold for the first time, reaching US$1.02 billion. This represented a strong 20.2% mo

Dec 08, 2025

Econet Flags “Gross Undervaluation” as Board Eyes Possible "ZSE Delisting"

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

Dec 08, 2025

ZiG Defies Gravity: On Track for Best Annual Performance in 25 Years

Zimbabwe is experiencing one of the most remarkable gold production surges in its history, achieving a record 36.48 tonnes in 2024 after a dip to 30.1 tonnes in 2023, with 2025 now firmly on track to

Dec 05, 2025

Fiscal Fiasco to Gold Reckoning: Zimbabwe’s Boom Finally Pays the Treasury

Zimbabwe is experiencing one of the most remarkable gold production surges in its history, achieving a record 36.48 tonnes in 2024 after a dip to 30.1 tonnes in 2023, with 2025 now firmly on track to

Dec 04, 2025

Seed Co International Narrows Half-Year Losses by 93% in HY 2026

Seed Co International Limited (SCIL) has delivered its strongest interim performance in years after narrowing its loss for the six months to 30 September 2025 to  US$0.2 million, an improvement  from

Dec 04, 2025