Company is facing slowing income, a weakening rand and high rates, while battling foreign-held debt
When wholesaler Spar releases its half-year results on Wednesday, investors will be looking to see if it has breached its debt covenants, or if it will scrap dividends to free up cash to pay foreign bankers.
The company is facing slowing income, a weakening rand and high interest rates, while battling foreign-held debt...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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