Sea Harvest buys bigger Mareterram stake
South African fishing company Sea Harvest recently announced a 19.9 percent acquisition of Australia’s ASX-listed Mareterram, making it the company’s largest shareholder.
Sea Harvest has more than a 40 percent volume share in the local frozen fish sector and employs more than 2 400 people.
Mareterram is a vertically integrated agri-business with operations encompassing Nor-West Seafoods and Craig Mostyn.
“The investment in Mareterram allows Sea Harvest to diversify its earnings away from a single specie hake resource and gives us a firm foothold to increase our market share and presence in Australia in a hard currency,” Sea Harvest chief executive Felix Ratheb said.
Dis-Chem announces the retirement of Ivan Saltzma…
Dis-Chem Pharmacies Limited today announced that its founder Ivan Saltzman, will retire as an executive director on 30 June 2026 after 48 years of dedicated service to the company. He will remain on the board as non-executive Deputy Chair.
Pick n Pay app drives 40% year-on-year growth fol…
Pick n Pay's reimagined asap! delivery app is delivering impressive results, with on-demand grocery retail turnover growing 40% year-on-year in the first half of FY26, following a complete technology transformation in April.
Pick n Pay announces major shift in financial lea…
Pick n Pay has confirmed a significant change to its executive team, revealing on Monday (1 December 2025) that chief financial officer Lerena Olivier will leave her role after next year’s annual general meeting. Her departure comes as the retailer…
Amazon South Africa launches same-day delivery in…
Amazon partners with Rugby champions, including Siya Kolisi and Makazole Mapimpi, to surprise customers with Same-Day Deliveries.
SPAR Health expands national footprint with acqui…
SPAR Health, a wholly owned subsidiary of The SPAR Group, has acquired Aptekor Group, a leading pharmaceutical wholesaler based in the Western Cape.