Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Spar set to cut staff
The Citizen
|March 19, 2026
UNDER PRESSURE: SHARE PRICE HAS FALLEN 46% OVER LAST 12 MONTHS
Retailer Spar will launch a voluntary severance programme in certain parts of the business to improve operational efficiency and competitiveness.
This is part of a broader reset aimed at aligning Spar's cost base with current trading conditions and “to ensure that Spar is structured appropriately in order to support future sustainable growth”.
"The process does not affect the group's retailers or services provided to Spar's retail network," the company said.
The share price has fallen 46% over the last 12 months after a disappointing trading update and the shock resignation of CEO Angelo Swartz in February.
Cette histoire est tirée de l'édition March 19, 2026 de The Citizen.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Citizen
The Citizen
Councils reminded of Ubuntu
If you ever needed a lesson in how little the names of the places they work in matter to political leadership, you need only read the recent Constitutional Court judgment of Saziwa versus Mhlontlo local municipality.
2 mins
March 23, 2026
The Citizen
Dental care gives big cats in sanctuaries happier lives
In recognition of World Oral Health Day observed this month, global animal welfare organisation Four Paws is drawing attention to an often-overlooked but essential aspect of big cat wellbeing: dental health.
2 mins
March 23, 2026
The Citizen
Water storage levels at 95% as rain persists
Rain is forecast for the next four days and there are warnings of severe thunderstorms across multiple provinces.
1 mins
March 23, 2026
The Citizen
Shoprite's Hyper-sized error
BETTING BIG ON FORMAT: DID THE RETAIL GIANT OPEN TOO MANY MEGA STORES?
3 mins
March 23, 2026
The Citizen
Rockets are shot into the galaxy
PREMIERSHIP: BUCS SCORE SIX AS THEY GO TOP AGAIN
2 mins
March 23, 2026
The Citizen
Valuation roll favours officials
LESEDI COUNCILLORS' PROPERTIES UNDERVALUED WHILE RATEPAYERS SHOULDER COSTS
2 mins
March 23, 2026
The Citizen
Downs survive scare
CHAMPIONS LEAGUE: BRAZILIANS INTO SEMIS DESPITE STADE MALIEN LOSS
1 mins
March 23, 2026
The Citizen
Old age ain't for sissies
On Thursday, I read Chuck Norris was taken to hospital but was in good spirits and cracking jokes.
1 mins
March 23, 2026
The Citizen
Govt must not mess up Gautrain
For years, the Gautrain has been viewed as one of South Africa's most successful public transport projects.
1 min
March 23, 2026
The Citizen
F1 champ can wax lyrically
Formula
1 min
March 23, 2026
Listen
Translate
Change font size