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Big shift for major 60-year-old retail giant in South Africa | SA News

Luke Fraser
 ·22 Dec 2025

Pepkor, South Africa’s largest clothing retailer, is showing promising signs, with the group set to launch a new bank. 

Speaking with Business Day TV, Victor Seanie from Benguela Global Fund Managers chose Pepkor as his stock pick following the group’s strong set of results. 

In the 2025 financial year, the group achieved record profit growth of 170%, increasing from R2.1 billion to R5.6 billion, driven by lower capital items and higher gross profit. 

The group’s total basic earnings per share rose 153 cents, marking an…

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