Johan Enslin News Today

Home / latest news / LEWIS GROUP INCREASES DIVIDEND BY 21% ON STRONG PROFIT GROWTH

AUDITED SUMMARY CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ...

SOCIAL, ETHICS AND TRANSFORMATION COMMITTEE REPORT 2023 SOCIAL, ETHICS AND ...

Gold Fields to engage shareholdersA resolution for the endorsement of the remuneration implementation report of miner Gold Fields, including a golden handshake for former CEO Chris...

Gold Fields to engage shareholdersA resolution for the endorsement of the remuneration implementation report of miner Gold Fields, including a golden handshake for former CEO Chris...

Furniture and appliance company Lewis Group showed on Thursday how South Africans were coming under financial pressure with its full-year cash sales sliding by double digits as more of its customers opting to buy goods on credit.

SA's largest furniture retailer, Lewis, is urging the government to show stronger leadership and fix basic infrastructure such as the rail and road network, with taxpayers wanting to see some value for all the money paid into state coffers.

Furniture retailer Lewis said on Thursday SA consumers are clearly feeling the pain of rampant cost increases, reporting its cash sales are declining as their disposable income comes under increasing pressure.

Furniture and appliance company Lewis Group is bracing itself for difficult times, with CEO Johan Enslin rating the current retail trading cycle as one of the toughest in his nearly 30-year career.

The continued closure of 29 border posts across SA has led to the destruction of local economies, resulting in businesses being forced to shut down, job losses and families being separated.