Massmart restructures debt and gets set to sell 15 Game stores
Of the R2.5bn Massmart lost as a result of the July riots, R650m will not be recoverable from insurers
Source: businesslive.co.za
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Top News In Mitchell Slape Today - Breaking & Trending Today
Massmart surges over 8%, as turnaround gains traction
Market responds positively to news that the company has already reached over 65% of its cost saving target.
Source: moneyweb.co.za
Massmart civil unrest damages cost R2.5bn
Group expects net loss of R650m after taking insurance cover into account
Source: businesslive.co.za
Massmart on the mend despite R650m unrest bill
Group has to foot a R650m insurance shortfall after damages caused by July looting
Source: businesslive.co.za
Massmart in talks to sell 14 Game stores in east and west Africa
The decision to sell Game stores in east and west Africa comes a year after a review of the group's portfolio outside of the Southern African Development Community.
Source: iol.co.za