Woolworths dismisses Aussie CEO after $541m David Jones writedown

Woolworths said Australian division head John Dixon will leave and won’t be replaced after South Africa’s biggest clothing and food retailer was forced to write off $541 million from the country’s David Jones business earlier this year.

Right place, right time, Spar SA snaps up Ireland, SW England for a snip

The Spar Group announced today that it had entered into an agreement to subscribe for an 80% stake in the BWG Group. It has been noted that the price is cheap at €55m, and the deal of a lifetime for the Spar Group. BWG is a food retail and wholesale distribution company with operations in Ireland and … Read more

Spar to buy 80% stake in UK’s BWG Group for €55m

The Spar Group has announced that it has entered into an agreement to subscribe for an 80% majority stake in the BWG Group. The BWG Group is a leading food retail and wholesale distribution company with operations in Ireland and South West England, servicing more than 1,100 stores, including 100 company owned stores, with a … Read more

Investing in education: SA value-style investor on ADvTECH, Curro and more.

 Value-style investors are known for picking up stock market gems when the investment herd is unsettled and looking away. It is worth listening to what they say, if you are on the hunt for stock market bargains. Wilhelm Hertzog of Regarding Capital Management, a value-oriented asset management company, shares his views on whether a range … Read more