South African Ackerman family faces $20-million loss since start of August
The Ackerman family owns a notable 25.53-percent stake in Pick ‘n Pay, constituting 124,677,238 issued shares.
Pick N Pay
South Africa’s Ackerman family faces $22-million loss in just two weeks
The Ackerman family holds a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 issued shares.
South African tycoon Gareth Ackerman raises alarm over government’s empowerment policy revisions
As the scion of the Ackerman family, one of the richest families in South Africa, Gareth Ackerman’s views carry considerable weight in the business community.
Pick ‘n Pay troubles drain $120 million from South Africa’s Ackerman family
The Ackerman family holds a significant 25.53-percent stake in the retailer, or 124,677,238 issued shares.
South Africa’s Ackerman family suffers $157-million loss from Pick ‘n Pay stake
Despite this setback, the Ackerman family remains among the country’s richest families and top investors on the local bourse.
South African Ackerman family to receive $9.57 million in dividends from Pick ‘n Pay
The Ackerman family is one of the richest families in South Africa.
Pick ‘n Pay, led by South African Ackerman family, registers $64 million in profit in 2023
The Ackerman family owns a sizable 25.53-percent stake in Pick ‘n Pay, or 124,677,238 issued shares.
South African billionaire Raymond Ackerman and family lose $96 million as Pick ‘n Pay shares bleed on JSE
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
South African retail tycoon Ackerman family gains $20 million in 15 days from Pick ‘n Pay
Pick ‘n Pay operates more than 2,000 stores across eight African countries.
Led by South African Ackerman family, Pick ‘n Pay posts $19 million in profit in H1 2023
The Ackerman family owns a 25.53-percent stake in Pick ‘n Pay.
Led by South African Ackerman family, Pick ‘n Pay reports double-digit increase in retail sales across Africa
The Cape Town-based retail behemoth operates more than 2,000 stores across eight African countries.
South African Ackerman family gains $82 million as Pick n Pay shares soar by double digits
The Ackerman family owns a significant 25.53-percent stake in the leading retailer, totaling 124,677,238 ordinary shares.
Wealthy South African Ackerman family receives $15 million in Pick n Pay dividends
The $15.04-million dividend was drawn from the group’s retained earnings of $306.5 million.
South African Ackerman family makes $105 million in five weeks from stake in Pick n Pay
Members of the Ackerman family own a significant 25.53-percent stake in the leading retailer, or 124,677,238 ordinary shares.
Led by South African Ackerman family, Pick n Pay reports $6.67 billion in revenue
The single-digit sales growth was driven by an increase in liquor and clothing sales during the period under review.
Led by affluent Ackerman family, Pick n Pay posts $20 million in half-year profit as headline earnings surge
However, the retailer’s financial performance was materially impacted by civil unrest in South Africa.