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This week representatives from Walmart’s Global Sourcing team are in Johannesburg to meet with 18 of Massmart’s South African suppliers who are interested in exploring opportunities to export their products…
Focused on leveraging group scale more effectively to optimise store portfolio performance, improve buying and logistics efficiencies and reduce costs Massmart today reported interim results for the 26 weeks ended…
From graduates turned executives to the first female divisional CEO of the company, Massmart is celebrating the success stories of women who are breaking ground in our company, supply chain…
The Dakar Rally is the most gruelling and exhilarating motor vehicle race on Earth, with relentless terrain and challenging logistics. Getting a vehicle from start to finish is a team…
The landscape of retail is transforming faster than ever before. Every day there are new smart ideas that are raising the bar for retail excellence. From innovative tailor-made apps for…
Builders has developed a new store prototype which debuts at Builders Warehouse Boksburg, Gauteng tomorrow. Dubbed The Store of The Future, this new 15 170m2 store features a technologically advanced…
Massmart is pleased to announce that Nestlé was today awarded top honours at the Massmart Supplier Environmental Awards. Now in their fifth year, the awards recognise top performing suppliers who…
Good expense control, strong online and Value Added Services sales growth Key highlights • Total sales for the year grew 2.9% to R90.9 billion, while comparable store sales increased 1.2%…
Massmart recognised South Africa’s top-performing matriculants at the 2019 Ministerial Announcement of the National Senior Certificate Examination Results. The results were officially announced yesterday, 3 January 2019 by the Minister…
Makro Strubens Valley in Gauteng became the sixth Massmart store to make use of renewable energy. The store has a 480 kilowatt (kWh) peak plant that consists of 1476 car…
Massmart reports interim results in severely constrained consumer environment characterised by soft demand for durable goods and significant major food commodities deflation. Key highlights • Total like-for-like sales for the…
To commemorate Nelson Mandela Month, today Massmart launched its second Urban Bookshelf in Alexandra, Johannesburg. The project, which is aimed at increasing access to books in under-served communities, is the…
Team Massmart, South Africa’s only elite women’s running team, made their debut at the Comrades marathon a memorable one with team lead Ann Ashworth winning South Africa’s ultimate human race.…
In October 2017 Massmart launched Team Massmart, South Africa’s first women’s only elite running team. The accomplished ultra and long distance team is comprised of 9 members, 7 of which…
Massmart was named the overall winner at the inaugural ABSA Business Day Supplier Development Awards on Wednesday 23 May. Presented in partnership with Fetola, Cold Press Media and Tiso Blackstar…
Today Massmart’s second Urban Bookshelf was launched in the township of Alexandra. The project, aimed at increasing access to books, is the second in a series of planned free miniature…
South African retail business Massmart is bucking the trend of the global high street which is seeing big name stores close all over the world. By investing in its online…
Massmart Holdings today released full-year results for the 2017 financial year. The 53 week numbers indicate pleasing sales growth, with total sales increasing 2.7% to R93.7 billion, however for ease…
Massmart today recognized South Africa’s top-performing students at the 2017 announcement of the National Senior Certificate Examinations results. The results were officially announced today by the Minister of Basic Education,…
Massmart is pleased to announce that Coca-Cola Beverages South Africa was today awarded top honours at the Massmart Supplier Environmental Awards. Now in its fourth year, the awards honour Massmart’s…
Massmart today launched Team Massmart, a squad of accomplished ultra and long distance women runners. This initiative is in line with Massmart’s goal to support women in sport and in…
Of the 33 participants in the Massmart Supplier Development Programme 13 are private label projects, eight are import substitution projects and six are exporting products as far as New Zealand.…
On 31 August 2017, the Commission for Conciliation Mediation and Arbitration (CCMA) ruled in the case; Mr. Phathuxolo Maqavana v Massbuild & Massmart, that Massbuild had demonstrated a rationale, legitimate and…
The six months to June 2017 rank amongst the most difficult trading conditions in recent memory, not just in South Africa but in most of the 12 other African countries…
Today Massmart launched its first Urban Bookshelf, developed to increase access to books in under-served communities. Placed at Phefeni Recreation Centre in Orland, Soweto, the Urban Bookshelf looks like a striking…
Since inception, Massmart’s Supplier Development Programme has supported as many as 32 small local manufacturers gain access to market and form part of the broader Massmart supply chain. To date…
Massmart was first to respond to urgent calls to provide emergency relief to those affected by wild fires and floods in the Western Cape. Together with disaster relief organization Gift…
Builders Warehouse is proud to announce that the North Riding store is its first to make use of renewable energy. The store has a 126 kilowatt peak plant which consists…
Massmart today recognized South Africa’s top-performing students at the 2016 announcement of the National Senior Certificate Examinations results. The results were officially announced yesterday, 4 January 2017 by the Minister…
Massmart donates “Sport In A Box” kit to tennis club in Atteridgeville. Serena Williams lives in Atteridgeville, west of Pretoria. Well, not really, but there are more than a few…
Key findings include: 33% of respondents know someone who was asked for a bribe in the past year; The average bribe amount is R2200, up by R195 from last year;…
Massmart has responded to calls for aid in flood-stricken communities in Johannesburg. In an effort to support victims of the recent flash floods, Massmart has donated R50 000 worth of food…
Makro is proud to announce that the Woodmead store will be its second to make use of renewable energy. In line with the company’s on-going commitment to reducing its environmental…
Massmart is pleased to announce that Distell Group was today awarded top honours at the Massmart Supplier Environmental Awards. Now in its third year, the awards honour Massmart’s local suppliers…
Every year Makro’s festive season liquor catalogue, which features a wide range of premium and local tipple, is met with much excitement. This year the catalogue features 44 pages of…
Massmart today announced its interim results for the 26 weeks ended 26 June 2016, reporting a total sales increase of 8.7%, while comparable sales for the period increased by 6.4%.…
In commemoration of Women’s Month, Massmart today hosted a lunch to celebrate women entrepreneurs participating in the Group’s Supplier Development Programme (SDP). The main aim of the SDP is to…
Legendary South African photojournalist, Peter Magubane, has documented some of the country’s most significant events. From the women’s march to Pretoria in 1956 and the tragic events that unfolded in…
Massmart is pleased to announce that Belgotex Floors was today awarded top honours at the 2015 Massmart Supplier Environmental Awards. Now in its second year, the awards honour Massmart’s local…
Today, April 20, Makro opened its most energy efficient store to date. Situated in Brakpan in Ekurhuleni, Makro Carnival will be the retailer’s first store to makes use of renewable…
Good sales growth despite challenging economic conditions. Massmart today announced its full-year results for the 52 weeks to December 2015, reporting a total sales increase of 8.4%, while comparable sales…
Massmart has responded to urgent calls for aid in drought affected areas in South Africa. Together with disaster relief organization Gift Of The Givers in January, Massmart donated 25,000 litres…
Only 22% of respondents to a recent survey believe that it is possible to successfully navigate daily life without paying a bribe. This is according to the South African Citizens’…
South Africa’s leading outdoor brand, Camp Master has raised a total of R250, 000 for the Rhino Action Group Effort (RAGE) through the sale of vehicle mirror socks at selected…
On Thursday, 26 November Builders Warehouse opened its first store in Zambia creating 156 jobs. Located at the East Park Shopping Mall in Lusaka, it is the sixth Builders Warehouse…
Game stores, Africa’s largest discount retailer of general merchandise, is expanding its current Nigerian presence to open a fourth discount megastore in Nigeria’s bustling capital city, Abuja. Game is a…
Massmart is pleased to announce that Belgotex Floors was today awarded top honours at the 2015 Massmart Supplier Environmental Awards. Now in its second year, the awards honour Massmart’s local…
DionWired, South Africa’s leading lifestyle technology store, has relaunched so customers can enjoy the experience of shopping for electronics as much as they enjoy using them. Upgrades include a new…
Massmart’s Supplier Development Programme has partnered with the City of Joburg for a second time to provide local manufacturers an opportunity to showcase their market-ready products and services. The event,…
Builders Warehouse and Makro continue to perform well; Roll-out of food in Game has positive effect on general merchandise, Effective margin management and robust expense control keeps expense growth below…
Buying from Makro is now more convenient than ever thanks to Makro Pick-Up lockers. The field test phase for the innovative online fulfilment solution has officially begun at select Sasol…
Game Stores, Africa’s largest discount retailer of general merchandise expanded its current continental footprint by opening its first store in Kenya, in the bustling capital city of Nairobi. Garden City…
Management team delivers good result with strong sales growth in a difficult economic environment Key highlights • Total Sales up by 10.4% (R78.173 billion) • Operating profit before forex and…
Massmart together with the help of its suppliers Oceana Brands and Pioneer Foods have responded to calls for help in Malawi and Mozambique with food donations. The South African Defence…
Massmart, through its local Supplier Development Programme’s (SDP), today recognised the 33 graduates of their Entrepreneurship Training course. The programme, a partnership between Massmart and The Gordon Institute of Business…
Informed by the experience of companies such as Walmart-owned Asda, Makro is acquiring access to sites to enable delivery of online customer orders to conveniently located secure lockers, making this…
On Friday Massmart added its voice to the growing calls for the end to lease exclusivity clauses by filing a formal complaint with the Competition Commission. Exclusivity clauses are provisions…
“There can be no keener revelation of a society’s soul than the way in which it treats its children.” It is in the spirit of these words from former…
Following the successful launch of Makro’s e-commerce website www.makro.co.za, the company today announced an extension to its general merchandise offering to include a liquor offering. Every year Makro’s festive season…
Massmart today hosted an event in Rosebank, Johannesburg to honour local suppliers for their ongoing commitment, exceptional performance and implementation of environmentally-sustainable business practices. The initiative, set to become…
Key highlights – Total sales up 10.2% – Comparable sales up 7.1% – Operating profit down 3.8% – 146 cents dividend per share Massmart announced its results for the 26…
Makro has partnered with Samsung Electronics South Africa and DESCO in an effort to combine resources and expertise to create a joint recycling programme. The partnership will provide an opportunity…
Massmart and Absa today announced a partnership to assist Lethabo Milling, a black-owned milling company, to acquire a mill in Ventersburg, Free State which will lead to the creation of…
Johannesburg – Massmart today announced Grant Pattison’s decision to step down as CEO, effective 1 June 2014. Guy Hayward, currently Chief Operating Officer, has been named as his successor. The…
Johannesburg – Massmart-Walmart today announced that Mr Kuseni Dlamini has been appointed as the independent Non-Executive Chairman of the Board of Massmart. Mr Dlamini takes over from Mark Lamberti with…
Massmart today announced Grant Pattison’s decision to step down as CEO, effective 1 June 2014. Click here to view the letter from Grant Pattison.
Makro M brand welcomes a new addition to the family Makro’s flagship private label brand, M, continues to expand its territory in the frozen meals category. Makro’s newly launched 300g…
More and more local brands are being listed and sold in Massmart stores as the supplier development programme gains traction. The focus on growing black – owned small and medium…
Sunscreen is expensive – right? This makes it mostly a grudge purchase. We knew something could be done to get our customers the best sunscreen at the best price. A…
This week, Makro SA scooped a prestigious eta award for its energy efficient new generation stores at Eskom’s 24th eta awards ceremony. Eskom has for the past 23 years rewarded…
Massmart’s much anticipated new format – Builders Superstore – opens today in Gauteng. A total of 58 job opportunities were created with the opening of the two new stores in…
Massmart-Walmart supports the development of women in industry. This is highlighted in our projects to nurture and create opportunities for talented women, and includes initiatives to assist women-owned farmers and…
This year Massmart will incentivise the best performing wine producers from its Developing Wine Brand Programme, a component of its Supplier Development Fund (SSDF), with export opportunities to Walmart’s key…
Massmart’s Direct Farm Programme, Ezemvelo, launched in August 2012, under the auspices of the group’s Supplier Development Fund, continues to extend its reach and is now operating in four provinces…
Key highlights: Massmart announced its interim results for the 26 weeks to June 2013, reporting a total sales increase of 8.9%, while comparable sales increased by 5.5%. Sales in Massmart’s…
Massmart is pleased to announce the opening of its second Builders Warehouse store in Botswana. The store opened its doors on Thursday, 25 July 2013. Massbuild invested R20, 55 million…
Makro has expanded its presence in Gauteng with the opening of a new urban store in Alberton on 24 April 2012. Massmart invested R400 million rand to build the 19…
Access to wholesale and retail outlets in Mozambique is usually limited to the capital, Maputo, situated in the southern-most part of the country. This year, on Thursday 18 April Masscash…
Massmart has once again been recognised as one of the top 10 best performers in the medium environmental impact category of the JSE’s 2012 Socially Responsible Investment (SRI) Index, the…
Massmart donated 3 tons of Nutri Meal, a nutrient fortified instant porridge, to the Durban-based FoodBank SA on 2 November. This most recent donation forms part of Massmart’s regular contributions…
Massmart welcomes the decision handed down by the Competition Appeal Court (CAC) earlier today in which it provided clarity regarding the supplier development fund that was volunteered as a condition…
Massmart today hosted an event to celebrate the first harvest on farms participating in its Ezemvelo Direct Farm programme in Limpopo Province . The pilot project, the first of several…
The Walmart Foundation will participate in the 67 minutes for Madiba initiative by ‘cutting the ribbon’ at the launch of the first AmaLunchbox kitchen at Nelson Mandela’s former boarding school,…
Massmart has donated 3 000kg of Max-a-Meal to the Johannesburg branch of FoodBank SA as part of its bi-annual donation to the feeding scheme, which has seen 21 000kgs of…
It has already been proven that Massmart-Walmart’s ten week extended price cut promotions offer numerous benefits to customers, including more time to plan for purchases. Adding to this, the promotions…
Following the order handed down by the Competition Appeal Court on 9th March 2012, Massmart-Walmart announces the appointment of Professor Michael Morris of PRISM (Policy Research in International Services and…
Massmart-Walmart announced today that the Walmart Foundation has donated 100 fully equipped mobile kitchens to the 94+ SCHOOLS PROJECT FOR MADIBA, for use in under-resourced schools. The project, a partnership…
Massmart-Walmart welcome the decision handed down by the Competition Appeal Court to approve the merger and, we are keen to work with interested parties to develop local suppliers and producers.…
Massmart-Walmart were yesterday advised by the Ministry of Trade and Industry in Namibia that the merger has been approved in Namibia subject to the following three conditions: the Merged Entity…
Massmart delivers strong sales and earnings growth Sales up 15%, headline earnings up 21,1% , underpinned by increase in cash generated from operations Strong volume growth indicative of market share…
First two promotions saved consumers over R 100 million; Staff shareholders received R735 million as result of Walmart investment; Store openings continue to contribute to job creation; Good progress in…
Massmart has been recognised as one of the best performers in the medium environmental impact category of the JSE’s 2011 Socially Responsible Investment (SRI) Index, the results of which were…
In a significant boost for small-scale farmers, Massmart-Walmart has signed a three-year supplier development program with TechnoServe SA, which will ultimately link small farmers directly to Massmart stores. This is…
Massmart has launched a programme that will identify BEE wine producers who will be selected to list their wines in Makro stores by the end of January 2013. Massmart recently…
Massmart-Walmart welcome this morning’s ruling by the Namibian Supreme Court which upheld Walmart’s legal challenge to a Ministerial Notice imposing foreign investment restrictions in Namibia. The practical implications of this…
Since 2009 Massmart has donated 15tons of Max-a-Meal to FoodBank South Africa Massmart has reiterated its support for the FoodBank programme, following delivery of 3000kg of Max-a-Meal*, a highly nutritious…
Massmart is aware of an allegation that Makro has advised local producers that it intends replacing locally produced olive oil with cheaper imported products. This allegation is inaccurate. In fact…
Johannesburg, 11 October 2011 SABS CEO Bony Mehlomakulu and Massmart CEO Grant Pattison today announced a technical partnership on quality management between the SABS and Massmart that will ultimately boost…
Builders Warehouse is pleased to announce that is has opened it doors in Gaborone (Botswana), the brands first store outside of South Africa. The store opened on 22 September 2011.…
Notice is hereby given that a general meeting of Massmart shareholders will be held at Massmart House, 16 Peltier Drive, Sunninghill Ext 6, Sandton, at 14h30 on Wednesday, 28 September…
Results point to market share gains, possible early indications of improved consumer environment; positive sales update for first 8 weeks of the new financial year Massmart has delivered a robust…
Massmart and Walmart note the media statement issued by the Ministers of Economic Development, Trade and Industry, and Agriculture, Forestry and Fisheries, following a media conference held at the Union…
This trading statement is required in terms of paragraph 3.4 of the JSE Limited Listings Requirments… Click here to view more
Joburg 20 July 2011 Parliamentary Hearings update In line with the revised parliamentary portfolio committee hearing rules announced by the Chairperson of the portfolio committee at the start of proceedings…
In line with Massmart and Walmart’s commitment to develop local suppliers, Massmart today announced the appointment of Mncane Mthunzi, current CEO of the Consumer Goods Council of South Africa (CGCSA),…
Early start to the principle of “saving people money so they can live better”, a goal to create 15,000 new jobs and an additional R60 billion in food and FMCG…
Following the completion of Walmart’s acquisition of a controlling interest in Massmart, the group has announced changes to the Massmart Board, effective 20 June 2011. In line with what was…
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The Competition Tribunal today announced that the Walmart and Massmart merger can proceed to finality and has accepted the conditions proposed by Walmart and Massmart, which include the set-up of…
Merging companies announce R100 million local supplier development fund and also commit to respect and honour existing union contracts In today’s closing arguments before the Competition Tribunal, merging parties Massmart…
Competition Tribunal Hearing update RBB Economics co-founding partner and expert witness Simon Baker has cautioned against attempts to address perceived weaknesses in the South African manufacturing base or failings in…
Competition Tribunal Hearing update Massmart CEO Grant Pattison has spelt out Massmart’s approach to procurement, demonstrating that the decision to source goods locally or to import them drew on far…
Competition Tribunal Hearing update Massmart CEO Grant Pattison has spoken out against some of the conditions that the trade unions and Government Departments seek to have the Competition Tribunal impose…
Massmart Financial Results for 26 Weeks ended 26 December 2010 Massmart, Africa’s third largest distributor of consumer goods, has delivered solid first -half results, although the softer sales growth since…
Massmart and Wal-Mart have been notified that the Competition Commission has concluded its investigation and has referred Wal-Mart’s proposed acquisition of 51% of Massmart’s equity to the Competition Tribunal with…
Massmart shareholders have voted in favour of Walmart’s offer to acquire 51% of Massmart at a cash price of R148.00 per share. At a special meeting held at Massmart’s offices…
BENTONVILLE, Ark., November 29, 2010 – Wal-Mart Stores Inc. (NYSE: WMT) announced today that it has offered to acquire 51% of the shares of Massmart Holdings Limited (JSE:MSM) for ZAR148.00…
The Board of Directors of Massmart has received written notice from Walmart of its firm intention to make an all cash offer to acquire 51% of Massmart at a cash…
Reaction To Establishment Of Advisory Panel Announced By Economic Development Minister Ebrahim Patel
Massmart supports the principle of broad engagement in decisions that affect diverse stakeholder interests. In this context the advisory panel announced by Minister Ebrahim Patel, to identify the potential economic…
Reaction To Establishment Of Advisory Panel Announced By Economic Development Minister Ebrahim Patel
Massmart supports the principle of broad engagement in decisions that affect diverse stakeholder interests. In this context the advisory panel announced by Minister Ebrahim Patel, to identify the potential economic…
Massmart is aware that SACCAWU conducted a press conference today to launch a coalition against the potential acquisition by Wal-Mart of equity in Massmart. We first became aware of this…
Massmart confirms its ongoing commitment to the FoodBank programme through its donation of a fourth 3 000kg delivery of Max-a-Meal to FoodBank South Africa (FBSA). This most recent donation to…
Massmart notes the comments that have been made regarding perceptions of Walmart’s union relationships. Massmart management is mindful that a corporate transaction of this nature should be aligned with the…
This morning, Massmart issued a cautionary announcement on the Johannesburg Stock Exchange informing our stakeholders that we have received a non-binding expression of interest from Walmart that could lead to…
Massmart, though its operating division Masscash would expand its food business using Cambridge Food stores by catering to the lower end of the market, a move analysts say could pay…
Following the fire at the Game store in Lakeside Mall on 1st June 2010, Game management’s focus is on re-opening the store as quickly as possible and taking action to…
Game management confirms that there were no reported casualties after a fire broke out at Game Lakeside Mall in Benoni on 1 June at approximately 4.15 pm. “Emergency personnel and…
Makro and Game, part of the Massmart group, are gearing up for increased consumer demand as the FIFA World Cup 2010 event draws near. Game has anticipated it will sell…
Massmart Holdings is the retail sector’s top Employment Equity performer and holds its own among South Africa’s top EE achievers – the group was ranked sixth overall in this important…
2010 is set to be a lucrative year for beneficiaries of the Massmart Thuthukani Empowerment Trust, created for the benefit of permanent staff. This is the year they receive the…
IT CAN be surprising to hear a CEO sound humble, especially when it is a retailer whose job is to sell which at reporting time is inevitably themselves. But Massmart…
As part of an ongoing drive towards improving food security Massmart today donated a further 3 000kg of Max-a-Meal to the Johannesburg branch of the FoodBank programme, following similar donations…
The Massmart Group of companies has achieved a Level Four Broad Based Black Economic Empowerment (BBBEE) contributor status, two years earlier than planned. Massmart achieved a score of 66.14% from…
Today’s Business Report in its letter section carries a response from Mark Lamberti to last weeks article “Massmart plan for funds to take out rivals is ‘sinister’ – tribunal” that…
On 23 September, Masscash, a division of Massmart Holdings, was notified that the Competition Tribunal had unconditionally approved the proposed merger between Masscash and Port Elizabeth based Finro Enterprises, trading…
Massmart has been recognised as the best performer in the medium environmental impact category of the JSE’s 2007 Socially Responsible Investment (SRI) Index. The Index, which assesses the triple bottom…
The industrial action that was initiated by SACCAWU on 20 November was officially called off on 25 November 2009, following agreement between the parties. In terms of the agreement, the…
Builders Warehouse has, after ongoing discussions with SACCAWU, been notified of the union’s intention to embark on industrial action starting 20 November 2009. Although Builders Warehouse management does not expect…
Masscash, a division of Massmart Holdings, has been notified that the Competition Tribunal has unconditionally approved the proposed merger between Masscash and Finro Enterprises, trading as Finro Cash & Carry.…
The management of Game SA and SACCAWU, today signed a wage settlement agreement at the Commission for Conciliation, Mediation and Arbitration (CCMA), following the wage dispute declared on 13 August…
Massmart, announces its donation of a second 3 000kg delivery of Max-a-Meal to the Johannesburg FoodBank, following a similar donation made in April 2009. This most recent donation was made…
The Commission for Conciliation, Mediation and Arbitration (CCMA) today ruled in favour of Massdiscounters (Game and Dion) in an application brought by SACCAWU regarding picketing rights inside the company’s stores.…
The Commission for Conciliation, Mediation and Arbitration (CCMA) today ruled in favour of Massdiscounters (Game and Dion) in an application brought by SACCAWU regarding picketing rights inside the company’s stores.…
Makro staff have returned to work today (19 August) following the settlement of the wage dispute declared by SACCAWU. The union has accepted an increase of R460 across the board…
Contrary to recent press reports apparently informed by a SACCAWU press release, Jumbo Cash and Carry has not reached deadlock in wage negotiations with the union. Both parties are still…
Game was, on 13 August, 2009, notified by SACCAWU, of the union’s intention to embark on protected industrial action commencing on 17 August, 2009. This follows the declaration of a…
Makro has, after ongoing discussions with SACCAWU, been notified of the union’s intention to embark on indefinite industrial action starting on 8 August 2009. Makro has accordingly implemented labour unrest…
MAKRO and GAME management have reviewed the demands tabled by SACCAWU in the memoranda that were handed over during the one day of protest action (24 July) and have provided…
The protest action by SACCAWU has had no notable impact on trading activities at Makro and Game stores and all stores are open for normal trade. With reference to our…
GAME has been notified that SACCAWU members employed by the company will engage in one day of protest action on 24 July. This will include a union-led march to Durban…
Massmart, the third largest distributor of consumer goods in Africa, announces its donation of 3 000kg of Max-a-meal into the newly established Johannesburg FoodBank, which distributes food to Pretoria, Tembisa,…
A dividend of 189 cents, equivalent to 75% of the Massmart ordinary dividend per share, was paid into Massmart’s Thuthukani Staff Empowerment Trust on Monday 23 March 2009. A total…
Massmart Holdings and University of Pretoria have recently launched a bursary scheme aimed at previously disadvantaged black undergraduates (preferably women) studying towards a Bachelor of Commerce. Five bursaries will be…
Massmart, Africa’s third largest distributor of consumer goods, today announced good overall results for the period ending December 2008, underpinned by powerful cash generation. Significantly, cash generated by operations increased…
Massmart Holdings has achieved a Level Five Broad Based Black Economic Empowerment (BBBEE) contributor status from ratings agency Empowerdex, following a comprehensive audit of the Group’s BBBEE performance. This means…
Consumers and businesses will soon be able to dispose of their electronic waste free of charge at specially designed bins situated at Makro stores countrywide. This follows the successful launch…
Massmart has, for the second year running, been recognised as a best performer in the medium environmental impact category of the JSE’s 2008 Socially Responsible Investment (SRI) Index. The Index…
Massmart is pleased to announce it has been ranked third, with a score of 90 out of 100, in the Low-Carbon Companies sector of the international Carbon Disclosure Project’s (CDP)…
Beneficiaries of the Massmart Thuthukani Staff Empowerment Trust have seen a massive increase in the value of the dividends earned on their shares since the first dividend payout in April…
Massmart, the third largest distributor of consumer goods in Africa announces the appointment of Llewellyn Walters as Divisional CEO of Builders Warehouse, effective 1 November. Walters takes up the post…
Companies seldom understand the importance of internal communication as part of their marketing mix. They are so focused on the external – customers – that they fail to talk to…
In an economic environment dominated by rising food and fuel prices and higher interest rates, Massmart, Africa’s third largest distributor of consumer goods today announced strong overall results for the…
Fujitsu Siemens Computers and Makro have partnered in a joint initiative to provide consumers and businesses with a safe and environmentally-sensitive method of recycling electronic waste (e-waste). E-waste poses a…
Massmart is pleased to announce it has been presented with the Association of Certified Chartered Accountants (ACCA) award for the Best Sustainability Report (Non-Extractive Industries), South Africa. The award comes…
‘The more condoms sold, the more safe sex is being practised.’ Massmart is addressing HIV/Aids in South Africa by identifying areas in which it can help curb the spread of…
At Massmart, we have become more focused on the risks that climate change, environmental degradation and proliferation of waste pose to our business and to society, and we are starting…
In a statement issued today, Massmart Holdings delivered a second dividend payment to permanent staff participating in the Thuthukani Staff Empowerment Trust. In March 2007, the first Thuthukani dividend was…
In a statement issued today, Massmart Holdings delivered a second dividend payment to permanent staff participating in the Thuthukani Staff Empowerment Trust. In March 2007, the first Thuthukani dividend was…
Massmart has awarded an annual grant of R100 000 to the Centre for Corporate Citizenship (CCC) at UNISA to do research and host a series of discussion groups on brand…
The first thing that project manager Ben Nkuna did when he joined the Women Development Businesses (WDB) last year was to relocate the micro-financing division from Hyde Park to Acornhoek…
To coincide with the recent National Youth Month celebrations, the Gauteng Department of Education, under the direction of Gugu Khumalo of the Johannesburg East District, identified 18 disadvantaged schools across…
In a statement issued today, mass merchandise retailer, Massmart delivered the first dividend payment to permanent staff participating in the Staff Empowerment Transaction announced by the Group in May 2006.…
Twenty-two graduate managers-in-waiting gathered recently at Massmart to start a two year programme that is intended to increase the number of professional black career retailers in the Group. The aim…
