Press releases
Newco Announces Firm Intention to Acquire Barloworld
Newco Announces Firm Intention to Acquire Barloworld
Read more...Barloworld final results for 2024 demonstrate ongoing resilience
Despite decline in revenue, the now simplified Barloworld Group has maintained EBITDA margins and strengthened its balance sheet.
Read more...Barloworld's half-year performance supported by Strong results from Mongolia
Results reflect the diverse economic environments in which the group operates
Read more...Barloworld's strong performance underpinned by strategy execution and better-than-expected trading activity
Conservative management of balance sheet has enabled agility in responding to macro-economic challenges
Read more...Portfolio refinement position Barloworld for sustainable value creation
Performance reflects continued focus on strategic delivery and capital allocation as key enabler of value creation
Read more...Andronicca Masemola takes on the role of CEO Barloworld Equipment southern Africa
Quinton McGreer takes early retirement and Emmy Leeka becomes CEO Equipment Eurasia as Barloworld demonstrates clear succession planning at play.
Read more...Barloworld delivers strong results boosted by a focus on strategy execution and capital allocation
Performance in prevailing operating environment proves business resilience; confirmation of unbundling Avis by way of listing
Read more...Barloworld confirms the unbundling of the Car Rental and Leasing business via a JSE listing
Strategy execution yields solid results for Barloworld despite operating environment challenges
Strong performance driven by proactive management and improved trading activities across all core businesses
Read more...Barloworld delivers exceptional FY2021 financial results, earnings demonstrates agility and business resilience
Performance driven by accelerated strategy execution and strong contributions from underlying business units
Read more...New chairman commences at Barloworld
Barloworld welcomes Dr Nolulamo Nobambiswano Gwagwa as the new Chairman of Barloworld
Read more...Barloworld appoints Dr Nolulamo Gwagwa as independent non-executive director and chairperson of the board
Dr Gwagwa is an accomplished development planner, business leader and philanthropist.
Read more...Barloworld concludes disposal of Motor Retail business
Conditions precedent substantially met; Motor Retail portfolio now housed under NMI-DSM
Read more...Decisive actions taken in 2020 begin to yield positive results for Barloworld
Acquisitions outperform expectations and robust cash balance lead to resumption of dividends
Read more...Call for social entrepreneurs to apply for the 2021/22 Barloworld Mbewu intake
Social entrepreneurs are invited to submit their entries for consideration for incubation to the second leg of a Barloworld flagship entrepreneurial programme known as Mbewu. The entries for the 2021/2022 programme open on 12 April and close on 14 May 2021.
Read more...Barloworld Chairperson to retire at end of nine-year board tenure
Dongwana has served on board committees and is the current Chairperson of the Board
Read more...Barloworld makes headway in proposed restructure of Motor Retail
Entire Motor Retail interests will be housed within NMI-DSM, with Barloworld retaining a 50% interest in the JV
Read more...Decisive early action, strong cash generation and balance sheet position Barloworld for recovery
Resilient Group performance under unprecedented trading environment impacted by the COVID-19 pandemic
Read more...Independent Expert determines a Material Adverse Change did not occur in the transaction between Barloworld and Tongaat Hulett
Transaction between subsidiaries will continue as per original agreement
Read more...Zamtan community receives clean water supply, crucial for fight against COVID-19
Kitwe, Zambia – 27 July 2020 – The Zamtan community and local municipality on Friday, celebrated the completion and the handover of the community's Water Scheme which will provide a safe and reliable water supply to the people of Zamtan, Kitwe, an area frequently affected by water crises affecting the lives of everyday Zambians.
Read more...Barloworld continues to deliver on its Fix, Optimise, Grow strategy despite tough trading environment
Strength of balance sheet and quick response in the face of a pandemic will aid Barloworld to endure global uncertainty
Read more...Barloworld Mbewu is powering 30 social enterprises to make a difference in their communities
Barloworld is pleased to announce the 30 successful candidates selected to participate in the Barloworld Mbewu Programme. The first cohort of social enterprises (SE’s) were selected after a rigorous selection process that ensued after the closing of applications in July 2019. The selected are a combination of passionate and driven enterprises drawn from across all nine provinces and operate in varied sectors ranging from agriculture, automotive, environment and recycling, arts and culture and education.
Read more...Barloworld to acquire Tongaat Hulett Starch for R5.350 billion
Barloworld has entered into a Sale and Purchase Agreement with Tongaat Hulett Limited to acquire the Tongaat Hulett’s Starch business (Tongaat Hulett Starch, THS) as a going concern for R5.350 billion. The acquisition will be funded from the Company's existing cash resources and local debt facilities.
Read more...Barloworld Limited announces new Chairman of the Board
JOHANNESBURG, 12 February 2020 – Barloworld Limited today announced that Neo Dongwana has been appointed as an independent Chairman of the Board of Directors of Barloworld (the Board”) following her endorsement by shareholders at the company’s Annual General Meeting (AGM).
Read more...Barloworld Automotive & Logistics Division appoints Ramasela Ganda as its Chief Executive for Avis Budget Rent-a-Car
JOHANNESBURG, 03 February 2020: Barloworld Automotive & Logistics Division has appointed Ramasela Ganda to the position of Chief Executive: Avis Budget Rent-a-Car with effect from 01 May 2020.
Read more...Barloworld Siyakhula hosts a beneficiaries connect session
JOHANNESBURG, 31 January 2020: Barloworld underpinned its commitment increasing supplier diversity, promoting empowerment and providing opportunities to small and medium-sized suppliers (SMMEs) within its value chain by hosting the Siyakhula beneficiaries connect session. The objective of the session was to review impact, explore ways to make the programme efficient and even more impactful.
Read more...Barloworld Equipment officially unveils its unique new head office in Isando today
Johannesburg, 27 November 2019 - Barloworld Equipment officially unveils its unique new head office and flagship Caterpillar Earthmoving Equipment showroom in Isando today – in what is a distinctively designed campus of superb functionality, where form and function fuse throughout.
Read more...Barloworld's delivers a robust set of results despite tough trading conditions
JOHANNESBURG, 18 NOVEMBER 2019: Barloworld Group delivered resilient results in a sluggish economic climate.
Read more...Amendment to the important dates and times of the B-BBEE transaction
Shareholders are referred to the “B-BBEE Transaction” announcement released on SENS on 19 November 2018 and in the press on 20 November 2018 (using the terms defined therein), in which it was stated that Barloworld was in the process of preparing a Circular which caters for the necessary authorisations to proceed with the B-BBEE Transaction, and are advised that the important dates and times have been amended as follows:
Read more...Barloworld fraud alert - Selling of vehicles
Barloworld Motor Retail South Africa a division of Barloworld South Africa (Pty) Ltd would like to issue an urgent warning about fraudulent vehicle sale scams using either Barloworld’s name or variations of the following names:
Read more...Barloworld fraud alert on recruitment scams!
Barloworld South Africa (Pty) Ltd would like to issue an urgent warning about fraudulent recruitment scams using either Barloworld’s name or variations of the following names:
Read more...Barloworld, Atterbury, and African Rainbow Capital partner to redevelop the landmark Barlow Park, Sandton, into a new iconic 130,000sqm mixed-use precinct
In a ground-breaking real estate transaction, Barloworld, Atterbury and African Rainbow Capital have partnered as co-investors in the redevelopment of the prime Barlow Park Campus, situated at 180 Katherine Drive, Sandton.
Read more...OPINION: Just ten years short of a century - and still going strong
There are few business partnerships that endure 90 years unbroken and remain strong after such a long innings.
Read more...Three Universities win 2017 Barloworld Social Innovation Youth Awards
Celebrating emerging young entrepreneurs for entrepreneurial action that improves livelihoods in economically, socially and environmentally sustainable ways
Read more...Humble sweet potato boosts health and significant community job opportunities
The Enactus team from the University of Zululand (UZ), have identified that sweet potato farming can provide a lucrative source of income for the community of Zululand. They believe their business model will enable community participation in industry processes and address local unemployment and food security concerns of the region.
Read more...Kandu App Addresses Poverty, Gender Inequality and Youth Unemployment in Agri Sector
The UMtate WamaBovu project Enactus team from the University of KwaZulu-Natal (UKZN) has introduced an innovative App called Kandu which they believe is the solution to many problems faced by farmers in uMsinga, in eZingulubeni.
Read more...University of Pretoria aims to Elevate Brand to Highest Potential
The Enactus team from the University of Pretoria (UP), is on a mission to unlock the growth of Rustenburg-based fashion house, KF Brands’ tyres-to-fashion and work gear business. In doing so, they also aim to reduce the negative impact that discarded tyres have on the environment and bolster skills and employment opportunities for members of the community.
Read more...Former Farm Workers Receive Training to Run Their Own Farms
Budding entrepreneurs from The Vaal University of Technology (VUT) have witnessed how the power of skills training in different forms of farming, business and marketing can contribute to social development, job creation and sustainability for communities, as it did for the Bantu Bonke Community in the Midvaal.
Read more...Mukondeni ceramic water filters and pottery project tackles issue of water-related illnesses
To address the issue of clean water scarcity in Limpopo due to the lack of clean water supply, team Enactus from the University of Venda (UV), has launched the Mukondeni ceramic water filters and pottery project. The project qualifies the UV Enactus team as one of eight finalists in the Barloworld Social Innovation Youth Awards (BSIYA) competing at judging ceremony on Friday, 30 June.
Read more...Big business must do more to ensure SA's sustainable development agenda adds real value to youth
Whilst youth entrepreneurship initiatives may not be the only answer to solving a global youth unemployment problem, it certainly is proving to be an effective contribution in comparison to what big corporations are adding. It can be argued then that maybe the role of big business is to support the inclusion of young entrepreneurs by developing their skills and abilities.
Read more...Soup made from miracle Moringa Tree to curb malnutrition in schools
Ceiling-in-a-Can provides a platform to grow business in community
Old Hotel Linen, a business opportunity for Chibini Community
8 Finalist Teams selected for Barloworld Social Innovation Youth Awards 2017
Barloworld boosts SMME incubation growth
14 March 2017 – Barloworld, a distributor of leading brands, launched its Barloworld Siyakhula Incubation Hub to assist small business suppliers to the group and its larger value chain in navigating challenges commonly facing Small, Medium and Micro-Sized Enterprises (SMMEs) when it comes to access to big markets and finance.
Read more...Love Trust
Road to Rail Migration
Collaboration is the key to a Landmark Road to Rail Migration of Cargo
Barloworld Logistics, ArcelorMittal South Africa, Transnet Freight Rail, Newlyn Properties and Grindrod Terminals collaborate to launch a ground-breaking initiative to convert road traffic to rail.
Barloworld invests in children's health to enable successful and healthy communities
Barloworld and BayWa to extend collaboration in southern Africa
Offering expertise can bring change
Inspiring a World of Difference for future generations
Empowering Black Woman-Owned Businesses
Barloworld's supports Enactus in driving youth-led social change
Barloworld joins 800 000 meal packing drive for Mandela Day
Six reasons Barloworld is doing awesome things for SA’s youth
Search is on for leaders to shape Barloworld’s future Company’s TOPP programme opens doors for CA graduates
Inspire change-makers to steer business through the storm
Barloworld invests in students with potential to grow scarce skills in SA
Barloworld reaches 170 000 meal packing target
Innovation in action - Barloworld in 3D at Enactus
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