Guy Hayward
(CEO of Massmart Holdings Limited)

Massmart is a South African-based international management group invested in a diverse but complementary portfolio of wholesale and retail formats. The trading operations are characterised by a focus on high volumes and operational excellence.

Massmart was founded in 1990 on the back of successful trading by the Makro group, then consisting of six wholesalers, with a turnover that year of R895 million. The Group grew aggressively, mainly through acquisitions, throughout the 1990s and the first decade of the 2000s and was listed on the JSE in 2000. In 2011, Walmart, the biggest retailer in the world, purchased a 51% share in the South African business. Massmart now comprises four divisions and is one of South Africa’s largest retail entities. It achieves good turnover growth through successfully meeting the needs of independent resellers, commercial users and end-user consumers.

Massmart operates in 13 sub-Saharan countries and holds a portfolio of 11 distinctly branded wholesale and retail chains... MORE

Masscash_Wholesale stories in the

Massmart  The House that Mark Built

Look we’re not really supposed to do this, but everyone’s taking a bit of a breather after results season, so let’s indulge in a little DIY. Of the va...    MORE

Moneyweb 26/09/16

Massmart  Big picture, small paragraph

The Massmart interims: total sales up 8.7% to R42.3billion, with operating profit before interest up 19.5% to R819.1million. Breaking it down, Massdis...    MORE

IOL 26/08/16

Massmart  Dutch courage

Even as South African retailers increase their overseas footprint, the footprints of foreign CEOs in the plush carpeting of corner offices nationwide ...    MORE

Tatler Reporter 28/08/16

Massmart  The 100-Year War

The Competition Commission is deliberating with glacial pace upon the question of exclusivity clauses in mall leases. At issue is whether SPAR, Shopri...    MORE

Business Day 27/07/16

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