Makro is getting ready for Amazon's launch in South Africa
Despite Makro-owner Massmart's billion-rand loss over the 26 weeks ended 26 June 2022, its online platforms have performed well, and it believes it will be prepared to compete with Amazon if it launches a marketplace in South Africa...
Makro and Game owner makes billion-rand loss
Massmart made a loss of R1.029 billion during the 26 weeks ended 26 June 2022, the company has reported in its interim results.
According to the company's financial statements, its performance improved by around 4.0% from a R1.073 billion loss...
Massmart announces new CEO
Massmart, which owns Makro, Game, and Builders, has announced that Jonathan Molapo will succeed Mitchell Slape as CEO from 1 January 2023.
Slape will step down as Massmart CEO on 31 December 2022, after taking up the role in 2019.
Strike at Makro — photos
Thousands of Makro, Game, and Builders employees around the country have gone on strike.
The South African Commercial Catering and Allied Workers Union (Saccawu) said the strike is linked to three issues.
Makro and Game Black Friday strike kicks off
Massmart employees have embarked on a no-work, no-pay strike starting on Friday 19 November 2021, coinciding with Makro and Game’s busy Black Friday period.
commission for conciliation mediation and arbitration (ccma)
doug jones
game
makro
massmart
mduduzi mbongwe
mitchslape
sa commercial catering & allied workers (saccawu)
Massmart selling food stores to Shoprite Checkers for R1.36 billion
Retail group Massmart has announced it will sell some of its food-focused retailers and cash and carry stores to Shoprite Checkers for R1.36 billion.
The transaction, which is subject to regulatory approvals, will see...