Business brief | Renergen slumps (again) and Pick n Pay's war and paste
In a quiet day for corporate news, Renergen slumped after a dreary profit update, while Pick n Pay delivered some excellent news for toast enthusiasts.warned its headline loss could widen as much as 60% in its six months to end August, hit by increased borrowing costs, foreign exchange losses, as well as a delayed startup of its helium module.
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Catch of the day: Pick n Pay restocks fan-favourite fish spreadsPick n Pay has announced the return of two much-loved fish spreads, Redro Fish Spread and Peck's Anchovette. This announcement comes as a sigh of relief to consumers who've been missing these spreads on their breakfast tables and pantries.
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Checkers Xtra Savings vs Pick n Pay Smart Shopper and WRewards — best grocery rewards in SAMyBroadband compared Checkers, Pick n Pay, Spar, and Woolworths’ rewards programmes.
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Renergen stock plunges over 12% on extended loss guidanceThe firm says improved production levels have not boosted revenue enough to offset higher costs.
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Redro fish paste and Peck's Anchovette back in SA, but only in 50 Pick n Pay stores for nowRedro fish paste and Peck's Anchovette back in SA, but only in 50 Pick n Pay stores for now
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