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26-Sep-2017
(Official Notice)
Shareholders are advised that Nu-World is expecting to report the following for the year ended 31 August 2017:



Earnings per share (cents)

*Actual 31 August 2016 - 488.4

*Expected 31 August 2017 - 757.0 ? 781.4

*Percentage increase - 55% - 60%



Headline earnings per share (cents)

*Actual 31 August 2016 - 451.9

*Expected 31 August 2017 - 768.2 ? 790.8

*Percentage increase - 70% - 75%



The financial information on which this trading statement has been based has not been reviewed or reported on by the Group?s auditors. The Group?s results for the year ended 31 August 2017 are expected to be published on or about 25 October 2017.



Shareholders are advised that Nu-World, for the year ended 31 August 2017, is expecting an increase in earnings per share (?EPS?) and headline earnings per share (?HEPS?) in excess of 20% compared to the previous corresponding reporting period.



25-Apr-2017
(C)
Revenue increased to R1.5 billion (R1.4 billion), while net attributable profit rose to R73.2 million (R44.3 million). Headline earnings per share grew to 344.7cps (211.4cps).



Outlook

The Group continues to invest in the development of new models and designs, to ensure that their customers and consumers are afforded the latest designs at affordable prices. The Group's exclusive local and international brands continue to expand with new ranges, designs, modifications, specifications and styles.
29-Mar-2017
(Official Notice)
In compliance with paragraph 3.4(b) of the JSE Limited Listings Requirements, and further to the trading statement published on SENS on 15 March 2017 regarding the financial results for the six month period ended 28 February 2017, Nu-World Shareholders are advised that the Company expects:

- basic earnings per share for the six month period ended 28 February 2017 to be between 338.88 cents and 370.65 cents reflecting an increase of between 60% and 75% in comparison to 211.8 cents reported in the previous published period; and

- headline earnings per share for the six month period ended 28 February 2017 to be between 338.24 cents and 369.95 cents reflecting an increase of between 60% and 75% in comparison to 211.4 cents reported in the previous published period.



The Group?s financial results for the six months ended 28 February 2017 are expected to be published on or about 25 April 2017.
15-Mar-2017
(Official Notice)
Accordingly, shareholders are advised that Nu-World, for its six months ended 28 February 2017, expects earnings per share and headline earnings per share to be at least 253.7 cents, reflecting an increase of 20% compared to the previous corresponding reporting period. The group has enjoyed solid trading results over the period.



A further trading statement will be released once Nu-World has a greater degree of certainty with regards to its financial results for the six months ended 28 February 2017.



The financial information on which this trading statement has been based has not been reviewed or reported on by the group?s auditors. The group?s financial results for the six months ended 28 February 2017 are expected to be published on or about 25 April 2017.





08-Feb-2017
(Official Notice)
Shareholders are advised that at the annual general meeting held on Wednesday, 8 February 2017 (?AGM?), all resolutions as set out in the notice of AGM which was incorporated in the integrated annual report distributed to shareholders on 15 December 2016, were duly approved by the requisite majority of shareholders present (in person or represented by proxy) and voting.
15-Dec-2016
(Official Notice)
Shareholders are advised that Nu-World?s audited annual financial statements for the year ended 31 August 2016 as contained in the integrated annual report 2016 (?Integrated Report?) have been distributed to shareholders today, 15 December 2016 and contain no modifications to the audited condensed consolidated annual financial statements which were published on SENS on 27 October 2016.



Notice of AGM

Notice is hereby given that the AGM of the company will be held at 35 Third Street, Wynberg, Sandton on Wednesday, 8 February 2017 at 10h00 to transact the business as stated in the notice of AGM, which forms part of the Integrated Report.
27-Oct-2016
(C)
Revenue increased by 20% to R2.6 billion (2015: R2.2 billion). Net operating income lowered to R116.1 million (2015: R133.6 million). Total profit attributable to equity holders of the company rose by 10.4% to R102.1 million (2015: R92.5 million). Furthermore, headline earnings per share were 5.4% higher at 451.9 cents per share (2015: 428.6 cents per share).



Declaration of final dividend

Notice is hereby given that a final gross dividend of 180,4 cents per share (2015: 163,5 cents per share) was declared on 27 October 2016 payable to shareholders recorded in the register of Nu-World at the close of business on the record date appearing below. The dividend is payable out of cash reserves.



Annual report and notice of annual general meeting

The 2016 Integrated Annual report will be mailed to shareholders prior to the end of December 2016. The annual general meeting will take place at 10h00 on Wednesday, 8 February 2017, at the registered office of the company.



Prospects

Improvements in strategic and operational plans are the focus of management to grow market share in the consumer electronics and branded consumer durables sectors, both locally and offshore. This, coupled with the expanded offshore territories that the Group trades in, should increase the contribution from these businesses in future years. Corrective action has been taken in the Australian operations to ensure the return to profitability. The Group continues to focus its target market on recognised International brands for consumer electronics and consumer durables, both locally and offshore. Any reference to the Group's future financial performance contained in this announcement has not been reviewed or reported on by the Company's auditors.



26-Apr-2016
(C)
26-Feb-2016
(Official Notice)
Shareholders are advised that one of Nu-World?s 59.35% held subsidiaries, Yale Prima (Pty) Ltd (??Yale??), customers, Dick Smith Holdings Limited (?DSH?) a Top 200 Australian Securities Exchange company and its subsidiaries (collectively ??DSE??), were placed into liquidation on 25 February 2016.



On 4th January 2016, DSE was placed into voluntary administration (with McGrathNicol acting as voluntary administrators to DSH (?Administrators?)) and shortly thereafter into receivership (with Ferrier Hodgson acting as receivers and managers to DSH (?Receivers?)).



The first creditors? meeting was held on 14 January 2016, where the Administrators outlined the following:

*The intention of the receivers was to continue trading as usual and simultaneously run a sale campaign for all or parts of the DSE business. *To allow the administrators and receivers to properly assess the state of the business and to run the sale campaign without creditor interference. It was their intention to postpone the second critical creditors? meeting by at least 6 months.



The request for extension of the second creditors? meeting was granted by both the federal courts of Australia and New Zealand until, at the earliest, the first week in August 2016. As a result of the extension and as per the orders of the court, no formal communication regarding either the sales process or DSE?s financial position was supplied to the creditors by either the Administrators or Receivers.



On 25 February 2016, the receivers and administrators announced the liquidation of DSE and that the remaining Dick Smith and Move Stores in Australia and New Zealand will close. At this stage due to the lack of official information being provided to creditors the company is unable to reliably estimate what DSE debt will ultimately be required to be written off by Yale. The total after tax (GST and Income Tax) exposure of Yale to DSE is approximately 5.9 million Australian dollars (?AUD?). As Nu-World owns 59.35% of Yale, the maximum exposure to this potential bad debt for the group would be approximately AUD3.5 million.



Shareholders will be kept informed of any further developments in this regard.



25-Feb-2016
(Official Notice)
In compliance with paragraph 3.59 of the JSE Ltd. Listings Requirements shareholders are advised of a change to the board of directors (?board?) as set out below.



Appointment of Mr Frank Davidson as an independent non-executive director

Mr Frank Davidson has been appointed as an independent non-executive director to the board with effect from 1 March 2016.



Frank is a CA (SA) and has diverse business experience at an executive level. We believe his 25 years of business involvement will add value to our board and shareholders. Frank is currently involved in a number of other unlisted businesses.
10-Feb-2016
(Official Notice)
The board of directors of Nu-World hereby advises that at the annual general meeting of shareholders held on Wednesday, 10 February 2016 (?AGM?), the following resolutions, as set out in the notice of AGM which was incorporated in the integrated annual report distributed to shareholders on 18 December 2015, were duly approved by the requisite majority of shareholders present (in person or represented by proxy) and voting.
18-Dec-2015
(Official Notice)
Shareholders are advised that the company?s audited annual financial statements for the year ended 31 August 2015 as contained in the integrated annual report 2015 (?Integrated Report?) have been distributed to shareholders today, 18 December 2015 and contain no modifications to the audited condensed consolidated annual financial statements which were published on SENS on 27 October 2015.



Notice of AGM

Notice is hereby given that the AGM of the company will be held at 35 Third Street, Wynberg, Sandton on Wednesday, 10 February 2016 at 10h00 to transact the business as stated in the notice of AGM, which forms part of the Integrated Report.
27-Oct-2015
(C)
Revenue increased to R2.2 billion (R2.1 million). Net operating income jumped to R133.6 million (R111.2 million). Total profit attributable to equity holders shot up 23.1% to R92.5 million (R75.2 million). In addition, headline earnings per share increased by 22.1% to 428.6 cents per share (351.1 cents per share).



Dividend

Notice is hereby given that a final gross dividend of 163.5 cents per share (2014: 110.6 cents per share) was declared on 27 October 2015 for the year ended 31 August 2015.



Annual report and notice of annual general meeting

The 2015 Integrated Annual report will be mailed to shareholders prior to the end of December 2015. The annual general meeting will take place at 10h00 on Wednesday, 10 February 2016, at the registered office of the Company.



Prospects

Improvements in strategic and operational plans are the focus of management to grow market share in the consumer electronics and branded consumer durables sectors, both locally and offshore. This, coupled with the expanded offshore territories that the Group trades in, should increase the contribution from these businesses in future years. Corrective action has been taken in the Australian operations to ensure the return to profitability. The Group continues to focus its target market on recognised International brands for consumer electronics and consumer durables, both locally and offshore.

15-Oct-2015
(Official Notice)
In accordance with paragraph 3.4(b) of the JSE Ltd. Listings Requirements, a company is required to inform shareholders as soon as there is a reasonable degree of certainty that the financial results of the company are likely to vary by more than 20% in comparison to the previous reporting period.



Shareholders are advised that Nu-World is expecting to report the following for the year ended 31 August 2015:

*earnings per share of between 421.9 cents and 439.5 cents having increased by between 20% and 25% in comparison to 351.6 cents reported for the prior comparative period; and

*headline earnings per share of between 421.3 cents and 438.9 cents having increased by between 20% and 25% in comparison to 351.1 cents reported for the prior comparative period.



The Group has enjoyed solid trading results over the period.



The financial information on which this trading statement has been based has not been reviewed or reported on by the Group?s auditors. The Group?s results for the year ended 31 August 2015 are expected to be published on or about 28 October 2015.
14-Apr-2015
(C)
Revenue from continuing operations increased to R1.1 billion (R1 billion). Net attributable profit rose to R40.9 million (R34.3 million). Headline earnings per share grew to 186.6cps (160.2cps).



Outlook

The Group produced satisfactory results for the period ended 28 February 2015 despite trading within a subdued economic environment in most of the territories we trade in. Accordingly the directors are pleased to report on positive top-line growth in continuing operations and positive earnings growth attributable to equity holders of the Company.



South Africa

The local economy and our customer base in general, has been affected by the decline in consumer unsecured lending. Currency volatility and further depreciation continued during the period under review. Despite these issues, the Group experienced reasonable sales and profit growth. The small appliance division and seasonal product range showed strong growth due to the launch of new innovative products. The liquor division has consolidated sales of international brands and used this platform to increase its range and customer base for its own house brands.



Offshore operations

Africa / Middle East / CIS This region has experienced tremendous changes from geo-political issues, the collapse of the oil price, and significant currency devaluations in oil producing countries in Africa. This has been a challenge for the Group, however our JVC brand has been well accepted and the Group is now capitalising on these gains. Additional distributor network for territories currently not represented are being finalised for the JVC brand. The Group has signed an agreement with its Saudi Arabian distributor to introduce a second brand, Telefunken, for small appliances, white goods and consumer electronics.



Australia

Huge currency depreciation has taken place making the trading environment difficult at retail level, however the Group's Australian subsidiary produced adequate results considering the difficult trading environment. The JVC brand continues to gain market acceptance and show strong growth.
11-Feb-2015
(Official Notice)
The board of directors of Nu-World advised that at the Annual General Meeting of shareholders held on Wednesday, 11 February 2015, that all the resolutions, as set out in the notice of Annual General Meeting which was incorporated in the Integrated Annual Report distributed to shareholders on 22 December 2014, were duly approved by the requisite majority of shareholders present.
22-Dec-2014
(Official Notice)
Nu-World shareholders (?Shareholders?) are advised that further to Nu-World?s audited condensed financial statements for the year ended 31 August 2014, published on Wednesday, 22 October 2014 (?Results?), Nu-World?s audited annual financial statements for the year ended 31 August 2014 (?AFS?) as contained in the integrated annual report 2014 (?Integrated Report?) have been distributed to Shareholders on 22 December 2014.



Restatement of the Results for the year ended 31 August 2014

In finalising the Integrated Report and the AFS contained therein, it was identified that an adjustment to the share-based payment reserve of R15 369 000 was required in order to comply with the requirements of IFRS 2 (?Adjustment?). The audit opinion expressed on the AFS on 22 October 2014 from which the Results were derived, has been redated to 10 November 2014 and covers the AFS incorporated in the Integrated Report which include the Adjustment.



Notice of AGM

Notice was given that the AGM of Shareholders will be held in the boardroom of Nu-World at 35, 3rd Street, Wynberg, Sandton at 10h00 on Wednesday, 11 February 2015 for the purpose of conducting the business as stated in the notice of AGM forming part of the Integrated Report.



Record dates and last day to trade

The notice of AGM was posted to Shareholders who were recorded as such in the Company's securities register on, Friday 12 December 2014. The date on which Shareholders must be recorded as such in the Company's securities register in order to attend and vote at the AGM is Friday, 6 February 2015. The last day to trade in order to be entitled to vote at the AGM is Friday, 30 January 2015. Proxy Forms must be lodged by no later than 10h00 on Monday, 9 February, 2015.
22-Oct-2014
(C)
Revenue from continuing operations grew 25.2% to R2.1 billion (R1.7 million). Net operating income jumped to R115.6 million (R72.2 million). Total profit attributable to equity holders shot up 106.2% to R75.2 million (R36.5 million). In addition, headline earnings per share increased by 57.4% to 351.1 cents per share (223.1 cents per share).



Dividend

Notice is hereby given that a final gross dividend of 110.6 cents per share (59.4 cents per share) was declared on 22 October 2014.



Annual report and notice of annual general meeting

The 2014 Integrated Annual report will be mailed to shareholders prior to the end of December 2014. The annual general meeting will take place at 10h00 on Wednesday, 11 February 2015, at the registered office of the company.



Prospects

Management believe that the correct strategic and operational plans are being put in place to grow market share in the consumer electronics and branded consumer durables sectors, both locally and offshore. This, coupled with the expanded offshore territories that the Group trade in, should increase the contribution from these businesses in future years.



The Group continues to focus its target market on recognised International brands for consumer electronics and consumer durables, both locally and offshore.



Despite the prevailing levels of uncertainty and constrained growth levels in the economy, the Group remains cautiously optimistic about the improved levels of business activity across all segments.



The Group is well poised for sustainable growth and further expansion in its local markets and chosen offshore territories. This growth will be aided by additional appointed brands in offshore territories, strengthened by a strong capital base and liquidity position and supported by the Group?s interactive service and backup models.
29-Sep-2014
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirement of the JSE Ltd., companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the company are likely to vary by more than 20% compared to the previous reporting period.



Shareholders are advised that Nu-World, for its year ended 31 August 2014, is expecting an increase in earnings per share ("EPS") of between 100% and 110% (between 340.4 cents and 357.42 cents) in comparison to that of the prior comparative period of 170.2 cents and an increase in headline earnings per share ("HEPS") of between 50% and 60% (334.59 cents and 356.90 cents) compared to the previous corresponding reporting period of 223.06 cents as restated below. The Group has enjoyed solid trading results over the period.



The financial information on which this trading statement has been based has not been reviewed or reported on by the Group?s auditors. The Group's results for the year ended 31 August 2014 are expected to be published on or about 22 October 2014.



Arising from the JSE Ltd.'s pro-active monitoring of financial statements, the directors wish to inform shareholders that headline earnings, headline earnings per share and diluted headline earnings per share as disclosed in the Company?s annual financial statements for the year ended 31 August 2013 (??2013 AFS??) were understated.



The misstatement arose following the omission of the taxation effects of these adjustments and the resulting effect on non-controlling interest.
16-Apr-2014
(C)
Revenue from continuing operations increased to R1 billion (R897.5 million). Net attributable profit rose to R34.3 million (R29.7 million). Headline earnings per share grew to 160.2cps (138.6cps).



Prospects

The Group produced satisfactory results for the period ended 28 February 2014 despite trading within a subdued economy with stagnant consumer spending. The South African consumer environment remains difficult and sales growth may be under some pressure for the remainder of the financial year. In South Africa, the retail sales growth decelerated to 2,8% for the 2013 year, from 4,6% in 2012. Much of the moderation in the growth momentum occurred in the second half of 2013 when the extent of the increase in cost of living began to intensify and lenders tightened lending standards. The underlying trend, depicted by the 6 and 12 month rolling retail sales averages, does not indicate that there will be a meaningful recovery in retail sales growth in the coming months. Trade conditions surveyed for the first quarter of 2014 suggest that consumption of retail goods may moderated during 2014.



These considerations are consistent with softer consumer spending. Presently, there is little to suggest that economic activity in South Africa will ramp significantly higher anytime soon.The directors are pleased to report on positive top-line growth in continuing operations and positive earnings growth attributable to equity holders of the company, despite the trading period being challenging.



The marketing and sales of the JVC visual category in our export territories showed good improvement with Australia and certain Middle East countries performing above expectations. The visual category is the largest single category in consumer electronics. Shipments of JVC visual products were delivered to numerous countries in Africa, Middle East, CIS and Australasia territories during the period under review. The finalisation of other countries to take place shortly. The small appliance division continued to show strong growth under its full range of brands. The summer range of fans, air coolers and air conditioners showed particularly strong growth in the period under review. The early acceptance of winter stock lines into the stores was also noticeable. Sales of branded liquor lines continued to grow and showed strong future growth potential.



12-Feb-2014
(Official Notice)
Shareholders are advised that, with the exception of Ordinary Resolution number 6 relating to the general authority to issue shares for cash which was withdrawn by the board of directors prior to the AGM, all of the remaining ordinary and special resolutions proposed at the AGM of Nu-World held today, 12 February 2014, were approved by the requisite majority of shareholders.



The special resolutions, if applicable, will be filed with the Companies and Intellectual Property Commission.
22-Nov-2013
(Official Notice)
Shareholders were advised that the annual financial Statements of the company for the year ended 31 August 2013 will be posted to shareholders on 29 November 2013 and contain no modifications to the audited results which were released on SENS on 24 October 2013.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of the company will be held at 35 Third Street, Wynberg, Sandton, Gauteng on Wednesday, 12 February 2014 at 10h00 to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.



Record dates

The notice of annual general meeting will be posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 22 November 2013. The last day to trade in order to be eligible to attend and vote at the Annual General Meeting will be Friday, 31 January 2014. The date on which shareholders of the Company must be recorded as such in the company's securities register in order to attend and vote at the annual general meeting is Friday, 7 February 2014. Proxy Forms must be lodged by no later than 10:00 on Monday, 10 February 2014.
24-Oct-2013
(C)
Revenue from continuing operations decreased to R1.68 billion (R1.72 billion). Profit attributable to equity holders declined 5% to R36.5 million (R38.4 million). In addition, headline earnings per share went up 7.6% to 192.8cps (179.2cps).



Dividend

Notice was given that a final gross dividend of 59.4 cents per share (56.5 cents per share) was declared.



Annual report and notice of annual general meeting

The 2013 Integrated Annual report will be mailed to shareholders prior to the end of November 2013. The annual general meeting will take place at 10h00 on Wednesday, 12 February 2014, at the registered office of the Company.



Outlook

The Company is focusing on increasing volumes as it remains a driver of performance across its operations.



The directors are hopeful that the trend of rising impairments and unemployment, slowing income and GDP growth, should begin reversing in 2014.



The Group is continuing to place increased focus on its successful working capital management in an effort to reduce finance costs and strengthen the balance sheet further.



The Group is negotiating additional distribution rights of the JVC visual brand for other territories. Countries on other continents are being investigated, analyzed and validated.
14-May-2013
(C)
Revenue rose 1% to R1.13 billion (R1.12 billion). Net attributable profit was 11.5% lower at R29.7 million (R33.6 million). In addition, headline earnings per share was also down 11.5% to 138.6cps (156.7cps).



Outlook

There are no positive signs that cost pressures on consumers will ease in the short term. The trading period has been particularly challenging, but Nu-World retains the depth of field within its range of local and international brands to provide a full range of products at each lifestyle level.



Nu-World has announced that JVC-Kenwood of Japan have appointed the company to manage the marketing and sales of JVC flat panel televisions in Africa and the Middle East. The visual category is the largest single category in consumer electronics. Africa is undergoing a renaissance as consumers change from old CRT television to flat panels. The Middle East markets have huge potential as demand increases, this provides the group and their appointed distributors an opportunity to enter into expanding markets and allows for a tier one brand at effectively one of the most competitive prices in each respective market. Nu-World has started appointing exclusive distributors in various countries and initial results have been very promising. Further growth into Angola, Morocco, Nigeria, Saudi Arabia and Libya is expected during the remainder of the financial year.
10-May-2013
(Official Notice)
The board of directors of the company announced that at the general meeting of the company held today, 10 May 2013, all the ordinary and special resolutions tabled in the notice of general meeting, which notice was included and posted to shareholders as part of the circular dated 5 April 2013 and the announcement dated 26 April 2013, were unanimously approved by the shareholders of the company, present or represented by proxy.



The special resolution of approving the Memorandum of Incorporation will be filed immediately for registration with the Companies and Intellectual Property Commission.
26-Apr-2013
(Official Notice)
Nu-World shareholders are referred to the circular dated 5 April 2013, which circular included a notice convening a general meeting of shareholders, to be held at 10:00 on Friday, 10 May 2013, at 35 Third Street, Wynberg, Gauteng in order for shareholders to approve, inter alia, a special resolution adopting the Company's new Memorandum of Incorporation ("MOI").



The proposed new MOI contains the following clause: "25.3.2.1 At each Annual General Meeting referred to in clause 19.2.1, 1/3 (one-third) of the directors for the time being, or if their number is not 3 (three) or a multiple of 3 (three), the number nearest to 1/3 (one-third), but not less than 1/3 (one-third), shall retire from office, provided that if a director is appointed as Managing Director or as an employee of the Company in any other capacity, he or she shall not, while he or she continues to hold that position or office, be subject to retirement by rotation and he or she shall not, in such case, be taken into account in determining the rotation or retirement of directors;"



The directors have resolved to remove the following wording from the proposed new MOI at clause 25.3.2.1: "provided that if a director is appointed as Managing Director or as an employee of the Company in any other capacity, he or she shall not, while he or she continues to hold that position or office, be subject to retirement by rotation and he or she shall not, in such case, be taken into account in determining the rotation or retirement of directors"



Shareholders will therefore be asked to vote at the general meeting on the revised clause 25.3.2.1, which will read as follows: "25.3.2.1 At each Annual General Meeting referred to in clause 19.2.1, 1/3 (one-third) of the directors for the time being, or if their number is not 3 (three) or a multiple of 3 (three), the number nearest to 1/3 (one-third), but not less than 1/3 (one-third), shall retire from office."
05-Apr-2013
(Official Notice)
Shareholders are hereby advised that the company has today, 5 April 2013, posted a circular to its shareholders, relating to the adoption of the company's Memorandum of Incorporation.



A general meeting of Nu-World's shareholders will be held at 10:00 on Friday, 10 May 2013, at 35 Third Street, Wynberg Road, Sandton for the purpose of considering and, if deemed fit, passing, with or without modification, the ordinary and special resolutions set out in the notice of general meeting included in the circular (the general meeting).



The following salient dates and times will apply in respect of the circular:

*Circular and notice of general meeting posted to shareholders on Friday, 5 April 2013

*Last day to trade in order to be eligible to participate and vote at the general meetingThursday, 25 April 2013

*Record date in order to participate and vote at the general meeting Friday, 3 May 2013

*Last day for receipt of proxies in respect of general meeting by 10:00 on Wednesday, 8 May 2013

*General meeting of shareholders at 10:00 on Friday, 10 May 2013

*Results of general meeting released on SENS on Friday, 10 May 2013

*Results of general meeting released in the Press on Monday, 13 May 2013



Should there be any changes to the salient dates and times same will be released on SENS.
13-Feb-2013
(Official Notice)
Shareholders are advised that, with the exception of Ordinary Resolution number six relating to the general authority to issue shares for cash which was withdrawn by the board of directors prior to the AGM, all of the remaining ordinary and special resolutions proposed at the AGM of Nu-World held on 13 February 2013, were approved by the requisite majority of shareholders. The special resolutions, where applicable, will be filed with the Companies and Intellectual Property Commission.
03-Dec-2012
(Official Notice)
Shareholders are advised that the annual financial statements of the company for the year ended 31 August 2012 were posted on Friday, 30 November 2012 and contain no modifications to the audited financial results which were released on SENS on 25 October 2012.



Notice of annual general meeting

Notice is given that the annual general meeting of the company will be held at 35 Third Street, Wynberg, Sandton on Wednesday, 13 February 2013 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the annual financial statements.
25-Oct-2012
(C)
Revenue for the year climbed 31.3% to R2.1 billion (R1.6 billion). Operating income shot up 85.9% to R93.8 million (R50.5 million). Profit attributable to equity holders rocketed 91.6% to R38.4 million (20.0 million). In addition, headline earnings per share jumped 91.4% to 179.2cps (93.6cps).



Dividend

A final dividend of 56.5cps (2011: 29.5cps) was declared.



Prospects

The current state of the South African economy within the context of the broader global economy represents a challenging trading environment for the forthcoming financial year. The group expects that the current constrained consumer demand environment will persist for some time.



The July interest rate cut brought some relief to indebted households, but the ongoing devaluation of the Rand will influence inflation increases going forward. The Bureau for Economic Research latest revisions forecast GDP growth for 2012 at 2.5% ticking upwards to 3.3% for 2013. Likewise consumer inflation is forecast to average 5.7% during 2012 and 5.3% for 2013.



Amongst ongoing successful trading initiatives to generate revenue and improve margins, management throughout the group is focusing on working capital management and cost-cutting initiatives.
09-Oct-2012
(Official Notice)
Shareholders are advised that Nu-World, for its year ended 31 August 2012, is expecting an increase in earnings per share ('EPS") and headline earnings per share ("HEPS") of between 90% and 100% compared to the previous corresponding reporting period. The group has enjoyed solid trading results over the period. The group's results for the year ended 31 August 2012 are expected to be published on or about 25 October 2012.
09-May-2012
(C)
Revenue increased to R1.1 billion (R926 million). Net attributable profit rose to R33.6 million (R32.7 million). Headline earnings per share grew to 156.7c (152.4cps).



Prospects

Internationally Nu-World continues to invest in its brands. The group operate in fast changing markets in South Africa and Australia, which necessitates the introduction of new updated ranges of products. The company takes into account that consumers face new strains on their budgets and management believes that consumers are looking for good value for money within the known brand arena. The retail business in particular is not taking the market for granted and management is seeing more special deals, every-day low prices as consumers respond to competitive price points.



During the course of the six months preceding the period under review, the board took the decision to close the manufacturing division. A number of reasons brought the board to this conclusion: including the burdensome and ongoing electricity price increases, increasing fuel costs as well as the high cost of raw materials. During the period under review, the company started to sell off the asset held for sale, including plant and machinery, moulds and dies and raw materials.



Exports into Africa are increasing, but Nu-World has taken cognisance that the African market is discerning in terms of good quality value for money products.



The group's line-up of key international and local brands, across an increasingly broad range of product categories and income groups, has produced ongoing growth over many challenging years. Directors continue to prioritise working capital management, lower inventory target levels, higher stock turns and a number of cost-cutting initiatives.
08-Feb-2012
(Official Notice)
Shareholders were advised that all of the ordinary and special resolutions proposed at the AGM of Nu-World held on 8 February 2012, were approved by the requisite number of shareholders. The special resolutions where applicable, will be filed with the Companies and Intellectual Property Commission in due course.
30-Nov-2011
(Official Notice)
No change statement

Shareholders are advised that the Annual Financial Statements of the company for the year ended 31 August 2011 have been posted on Tuesday, 29 November 2011 and contain no modifications to the audited financial results which were released on SENS on Thursday, 27 October 2011.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of the company will be held at 35 Third Street, Wynberg, Sandton on Wednesday, 8 February 2012 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the Annual Financial Statements.
27-Oct-2011
(C)
Group revenue from continuing operations decreased by 5.4% to R1.6 billion (R1.7 billion) and net operating income from continuing operations was down by 48.5% to R55.9 million (R108.5 million). Total profit attributable to ordinary shareholders of the company dropped to R20 million (R68.6 million), while headline earnings per share fell by 71.1% to 93.7cps (324.4cps).



Dividend

Notice is hereby given that the board of directors ("the board") has declared a capital distribution to ordinary shareholders from the share premium account in lieu of a dividend. The capital distribution will amount to 29.5cps based on a reduction to share premium of R6 680 707.



Prospects

The group is currently in the process of closing and disposing of its local manufacturing division, together with restructuring certain unprofitable business units. On completion of the restructuring and rationalization, the group will have a lower overhead base and improved efficiency levels and will be better positioned to deliver growth. The group's new products and category offerings will enhance the scope for future growth.
22-Sep-2011
(Official Notice)
Shareholders are advised that Nu-World, for its year ended 31 August 2011, is expecting a decline in earnings per share ("EPS") and headline earnings per share ("HEPS") of between 65% and 75% compared to the previous corresponding reporting period. This decline is largely as a result of adverse trading conditions in both our offshore and local operations during the second half of the financial year. The Group has further rationalised and restructured these organisations, which has resulted in the closure of our local manufacturing division which is to be completed by the end of this calendar year. The financial results are expected to be published on or about 27 October 2011.
23-Jun-2011
(Official Notice)
Shareholders are advised that the Nu-World share incentive and option trust deed established on 17 March 1993 caters for both the purchase or subscription of Nu-World ordinary shares. On 25 October 2010 the board of directors of Nu-World passed a resolution to amend the Nu-World share incentive and option trust deed to exclude the subscription of shares in the company.
10-May-2011
(C)
Group revenue for operations increased by 3.0% to R954.5 million (February 2010: R926.8 million). Net operating income - EBITDA, decreased by 0.9% to R59.9 million (February 2010: R60.5 million). This decrease is off a high base after an increase of 119.1% in February 2010. Operating margins came under pressure in an increasingly competitive market. Both South African and Australian group companies faced intensified competition during the festive season and into the first months of calendar 2011. Total comprehensive income for the period increased by 2.1% to R44.4 million (February 2010: R43.4 million). Headline earnings per share - H.E.P.S. decreased by 9.7% to 152.4 cents (February 2010: 168.7 cents) following an increase of 161.6% for the same period last year.



Dividend

No dividend was declared.



Prospects

South African retail sales growth slowed during the first quarter of calendar 2011. Consumer confidence has declined as a result of increasing inflationary pressures, including higher costs for food, fuel and electricity. It is apparent that the pace of growth in the South African economy remains volatile. This slowdown presents a challenging trading environment for the remainder of the financial year. Market conditions have become all the more competitive and profit margins have come under further pressure. The group's line-up of key international and local brands, across an increasingly broad range of product categories and income groups, has produced ongoing growth over many challenging years. Directors continue to focus on diligent working capital management, lower inventory target levels, higher stock turns and other cost-cutting initiatives.
15-Apr-2011
(Official Notice)
Shareholders are advised that Nu-World, for its six months ended 28 February 2011, is expecting a decline in earnings per share ("EPS") and headline earnings per share ("HEPS") of between 5% and 10% compared to the previous corresponding reporting period. This decline is largely as a result of adverse trading conditions during the post December trading period in our local manufacturing and importing operations. The financial information on which this trading statement is based has not been reviewed or reported on by Nu-World's auditors and is expected to be published on or about 11 May 2011.
09-Feb-2011
(Official Notice)
Shareholders are advised that all ordinary resolutions and special resolution proposed at the annual general meeting of Nu-World held on Wednesday, 9 February 2011 (``the AGM``) were passed by the requisite majorities of shareholders present or represented at the AGM. The special resolution will be submitted for registration at the Registrar of Companies in due course.
29 Nov 2010 08:07:20
(Official Notice)
Shareholders are advised that the Annual Financial Statements of the company for the year ended 31 August 2010 will be posted on Monday, 29 November 2010 and contain no modifications to the audited financial results which were released on SENS on Wednesday, 27 October 2010.



Notice is hereby given that the annual general meeting of the company will be held at 35 Third Street, Wynberg, Sandton on Wednesday, 9 February 2011 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the Annual Financial Statements.

05 Nov 2010 09:14:22
(Media Comment)
Finweek reported that Nu-World - whose subsidiaries manufacture, import and export a diversified range of electrical appliances, consumer electronics and branded consumer durables - has added liquor and hi-tech into its product range. Posting results for the year to August, the group said it's now importing and distributing "a growing range of branded liquor products' including "exclusive French brands VSOP and XO cognacs," as well as a range of spirits and beers. The hi-tech product categories will be brought to market during its current financial year. At the same time it says it will step up its roll-out of a mobile phone range as South Africa approaches the festive season.
27 Oct 2010 17:20:09
(C)
Group turnover increased by 26.3% to R1821.9 million (August 2009: R1443.1 million), while EBITDA rose to R113.3 million (August 2009: R51.8 million).Net profit attributable shareholders increased to R68.6 million (August 2009:R23 million). Headline earnings per share soared by 126.5% to 324.4cps (August 2009: 143.2cps)



Distribution to shareholders

The board has resolved to make a capital reduction distribution to ordinary shareholders from the company's share premium account amounting to 101cps ("the capital distribution").



Notice of annual general meeting and annual report

The annual report will be mailed to shareholders prior to end November 2010. The annual general meeting will take place at 10h00 on Wednesday, 9 February 2011, at the registered office of the company.



Prospects

Directors report that the consolidation and rationalisation of the past years has achieved a lower overhead base and improved efficiency levels. All companies in the group continue to secure new product and category offerings, to sustain and enhance the scope for future growth. There are exciting revenue and profit growth opportunities to be achieved in the forthcoming year. It is rewarding to confirm that all companies in the group have reported increased revenue and improved margins in these somewhat uncertain economic times.



Recent economic data together with reports from many of South Africa's leading retailers support the underlying consensus that the worst of the economic cycle is behind us. The South African economy grew relatively robustly during the first half of 2010. The successful hosting of the FIFA World Cup provided a boost to the economy as well as a proud psychological boost to all South Africans. As a group we are fortunately placed to take advantage of the emerging growth in both South Africa and Australia, notwithstanding the limited visibility and uncertainty regarding sustainable growth in the global economy.
21 Sep 2010 14:41:06
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirement of the JSE Limited, shareholders are advised that Nu-World, for its year ended 31 August 2010, is expecting an increase in earnings per share ("EPS") of between 190% and 200% and an increase in headline earnings per share ("HEPS") of between 120% and 130% compared to the previous corresponding reporting period. The Group has enjoyed solid trading results over the period. The financial information on which this trading statement has been based has not been reviewed or reported on by the Group`s auditors. The Group`s results for the year ended 31 August 2010 are expected to be published on or about 27 October 2010.

01 Jun 2010 13:50:27
(Official Notice)
Mr J M Judin, currently an independent non-executive director of NuWorld, has been appointed as lead independent director to the board of NuWorld with immediate effect.
20 Apr 2010 17:23:33
(C)
Revenue increased from R786.6 million to R926.8 million in 2009. Income before taxation rose to R54.4 million (2008:R20.9 million).Profit attributable to ordinary shareholders increased to R35.6 million (R13.6 million). Headline earnings on a per share basis increased to 168.70cps (83.60cps).



Dividends per share

No interim dividend was declared for the period under review.



Prospects

Directors are confident that the consolidation and rationalisation initiatives completed in 2009 have ensured that all group companies are leaner and more competitive and well positioned to take advantage of improving markets. The group's diversification across markets, a broad range of product categories, key brands and market segments, has always served the group well and remains at the core of the growth strategy for the future.

Ongoing management initiatives for the financial year to August 2010 include:

*The extension of product categories.

*The extension of product ranges within existing categories.

*The introduction of mobile phones and netbooks.

*The introduction of a liquor division supplying the existing retail customers.

*The establishment of a strategic partnership to enter the Chinese appliance market.

*The ongoing cost-containment and streamlining of the local manufacturing division.



Key financial indicators are showing clear signs that the South African and Australian economies have emerged from recession, although the pace of the recovery in South Africa remains measured. The South African Reserve Bank's decision to cut its key lending rate by a further 50 basis points to 6.5% in March 2010, the lowest in almost 3 decades, is welcomed. The rate cut will undoubtedly spur the revival in consumer spending which began in the fourth quarter of 2009. Whilst the hosting of the Soccer World Cup is clearly providing a huge boost to the economy and the hospitality sector during 2010, Government's infrastructure program will stretch well into the future and underpin GDP growth well beyond this international event. The board is confident of continued sustained growth in the medium and long term.
24 Mar 2010 16:03:55
(Official Notice)
Nu-World, for its six months ended 28 February 2010, is expecting an increase in earnings per share ("EPS") of between 160% and 170% and an increase in headline earnings per share ("HEPS") of between 100% and 110% compared to the previous corresponding reporting period. The restructuring programme has been completed and has yielded positive returns. The group has enjoyed solid trading results over the period. The board is confident of continued positive performance throughout 2010. The group's results for the six month ended 28 February 2010 are expected to be published on or about 21 April 2010.
10 Feb 2010 14:16:59
(Official Notice)
Shareholders are advised that, with the exception of ordinary resolution number 5 relating to the placing of the unissued shares under the control of directors and resolution number 6 relating to the general authority to issue shares for cash, both of which were not passed, the remaining ordinary resolutions and special resolution proposed at the AGM of Nu-World held on Wednesday, 10 February 2010 were passed by the requisite majorities of shareholders present or represented at the AGM. The special resolution will be submitted for registration at the registrar of companies in due course.
20 Nov 2009 17:14:14
(Official Notice)
Shareholders are advised that the annual financial statements of the company for the year ended 31 August 2009 will be posted on Friday, 20 November 2009 and contain no modifications to the audited financial results which were published on SENS on Tuesday, 27 October 2009. Notice was also given that the annual general meeting of the Company will be held at 35 Third Street, Wynberg, Sandton on Wednesday, 10 February 2010 at 10h00.
12 Nov 2009 12:47:45
(Official Notice)
The board of directors of Nu-World announced the appointment of Mr. Richard Kinross CA(SA) to the board, with effect from 1ST November 2009, as an independent non-executive director.
27 Oct 2009 17:31:34
(C)
Group turnover decreased to R1 443.1 million (2008 : 1890.1 million).HEPS decreased by 28.80% to 143,1 cps (2008 : 200.90 cps).Profit from attributable shareholders decreased R24.9 million (2008:R 43.1milion).



Distribution to shareholders

The board has resolved to make a capital reduction distribution to ordinary shareholders of a portion of the share premium account in lieu of a dividend to ordinary shareholders of the company. The capital distribution will be paid in terms of a general authority to make such payments granted to the board by shareholders at the company's AGM held on Wednesday, 18 February 2009. The capital distribution will amount to 33.9 cps per ordinary share, based on a reduction to share premium of R7 677 152.



Prospects

Directors are confident that current strategic initiatives to consolidate and rationalise will better position all companies in the group to be leaner and more competitive, to withstand these challenging times and be better prepared to take advantage as markets improve.



Notice of annual general meeting and annual report

The annual report will be mailed to shareholders prior to end November 2009.

The annual general meeting will take place at 10h00 on Wednesday, 10 February 2010, at the registered office of the company.



05 Oct 2009 12:31:14
(Official Notice)
Shareholders are advised that Nu-World, for its year ended 31 August 2009, is expecting a decline in earnings per share of between 35% and 45% and a decline in headline earnings per share of between 25% and 35% compared to the previous corresponding reporting period. This decline is largely as a result of adverse trading conditions in the group's offshore and local manufacturing operations. The group has rationalized and restructured these organizations, which was completed by the financial yearend. The financial information on which this trading statement is based has not been reviewed or reported on by Nu-World's auditors. Nu-Worlds audited results are expected to be published on or about 27 October 2009.
12 May 2009 17:18:02
(C)
Group turnover for continuing operations decreased by 10.1% to R823.7 million (February 2008: R916.5 million). Net operating income, EBITDA declined by 52.2% to R27.6 million (February 2008: R57.7 million). Headline earnings per share decreased by 48.1% to 83.6c (February 2008: 161.2c).



Prospects

The current slowdown in the South African economy within the context of the depressed global economy presents a challenging trading environment for the remainder of the financial year. However the directors are confident that current strategic initiatives to consolidate and rationalise, will better position all companies in the group to withstand these challenges. The Bureau of Economic Research has reviewed their forecast for real GDP growth to slow to (0.8%) for 2009, turning positive again in 2010 to 2.5%. However respected economists are forecasting that the economy will notch up growth of 0.5% for 2009, fuelled by infrastructure spending, sports events and interest rate cuts. Government's substantial infrastructure program will extend beyond the 2010 World Cup and should serve to shelter the economy from the worst of the international financial crisis. The Reserve Bank's composite leading business cycle indicator, the economy's leading indicator of economic growth, which predicts trends 6 to 12 months in advance, rose in February for the first time in a year. Hopefully this may signal a "light at the end of the tunnel". South Africa's medium-term growth prospects remain positive. The group's diversification is an advantage in turbulent times. The group is diversified across a broad range of product categories and key brands. Nu-World's product offering is diversified across market segments, from price-entry to top- end. The group's international exposure has been cut back, but management continue to operate in both Southern Africa as well as Australia. Whilst the directors acknowledge that 2009 will be a tough and demanding year, the board remain confident that the group will weather these challenging times and deliver sustained growth in the medium and long term.
09 Apr 2009 13:31:50
(Official Notice)
Shareholders are advised that Nu-World, for its six months ended 28 February 2009, is expecting a decline in earnings per share of between 50% and 60% and a decline in headline earnings per share of between 40% and 50% compared to the previous corresponding reporting period. This decline is largely as a result of adverse trading conditions in our offshore and local manufacturing operations resulting in the group's decision to rationalize and restructure these organizations, which has commenced and is expected to be completed by the financial year-end. The financial information on which this trading statement is based has not been reviewed or reported on by Nu-World's auditors and the company's unaudited interim results for the period ended 28 February 2009 is expected to be published on or about 13 May 2009.
18 Feb 2009 16:00:26
(Official Notice)
Shareholders are advised that all of the ordinary resolutions and special resolution proposed at the annual general meeting of Nu-World held on Wednesday, 18 February 2009 were passed by the requisite majorities of shareholders present or represented by proxy at the AGM. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course.
27 Nov 2008 17:00:28
(Official Notice)
Nu-World announces that it has acquired 679 394 ordinary shares, equivalent to 3% of the issued share capital, for a total consideration of R10 369 827, in the open market. The repurchases were carried out between 25 February 2008 and 18 November 2008. The majority of shares were purchased in July 2008. The highest price paid was R17.60 per share and the lowest price paid was R13.95 per share. The average price paid was R15.26 per share.
28 Oct 2008 17:06:54
(C)
Turnover increased by 5.2% to R2 million (R1.9 million). Attributable income declined disastrously, by more than 50% to R40.3 million (R85.1 million). In addition, headline earnings per share fell by a disappointing 17.5% to 205.5cps (249.1cps).



Capital reduction distribution

A capital reduction distribution of 59.3cps has been declared.



Annual general meeting

The annual general meeting will be held on 18 February 2008.



Prospects

The current state of the South African economy within the context of the broader global economy represents a challenging trading environment for the new year. Strategic initiatives have been put in place and all companies in the group have been re-positioned to meet these challenges. Initiatives taken by management during the year under review:

*The on-going right-sizing of inventory levels and the improvement of stock turn.

*The downscaling and consolidation of the local manufacturing division.

*The sale of On Corporation USA - a conservative move to avoid exposure to the deteriorating USA retail environment.

*The winding down and closure of Yale Prima's loss-making Australian subsidiary Primex Products Pty Ltd.

*The strategic acquisition in Australia of online retailer Overstockoutlet Pty Ltd.

The group continually looks to its diversification to sustain growth. The group is diversified across a broad range of product categories and key brands. In Southern Africa, Nu-World is diversified across LSM groupings, from price-entry to top-end. The group is diversified globally, with operating subsidiaries serving Australasia and the United Kingdom. Directors are of the view that 2009 will be a difficult year, but with cost-cutting initiatives underway, lower inventory target levels and higher stock turns, new product initiatives and range extensions, the group will weather the challenging times.
21 Oct 2008 17:39:08
(Official Notice)
Shareholders are advised that Nu-World, for its twelve month financial period ended 31 August 2008, is expecting a decline in earnings per share ("EPS") of between 45% and 55% and a decline in headline earnings per share ("HEPS") of less than 20% compared to the previous corresponding reporting period. The calculation of HEPS for the comparative period included an adjustment for the profit on sale of trademarks of R30.7 million. The financial information on which this trading statement is based has not been reported on by Nu-World's auditors and is expected to be published on or about 28 October 2008.
06 May 2008 17:13:55
(C)
Group turnover increased by 18.9% to R1 251.03 million (R1 052.17 million). Net operating income, EBITDA decreased 15.6% to R57.7 million (R68.4 million). Headline earnings per share decreased by 18.5% to 161.2c (197.8c).



Outlook

Directors are of the view that 2008 will be a difficult year, but with cost- cutting initiatives underway, lower inventory target levels and higher stock turns, new product initiatives and range extensions, the group will weather the challenging times and deliver sustained growth in the medium and long term.
20 Feb 2008 16:56:35
(Official Notice)
Shareholders are advised that all of the ordinary resolutions and special resolution proposed at the annual general meeting of Nu-World held on Wednesday, 20 February 2008 ("the AGM") were passed by the requisite majorities of shareholders present or represented by proxy at the AGM. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course. The limits for the ordinary resolutions five and six, regarding the placement of shares under the control of directors and the general authority to issue shares for cash, were adjusted to 5%.
09 May 2006 17:21:28
(C)
05 Apr 2006 17:14:22
(Official Notice)
The company is expecting to increase earnings per share and headline earnings per share for its interim financial period ended 28 February 2006 by between 10% and 15% compared to that of the previous corresponding period. Nu-World's financial results are expected to be published on or about 10 May 2006.
20 Oct 2005 17:28:48
(C)
The Nu-World Group has certainly benefited from the current positive economic conditions being experienced in the South African retail industry. The electrical appliance division performed reasonably well, despite price deflation averaging 12%. Group turnover increased by 13.7% to R1.6 million (R1.4 million) while attributable income increased by 20.8% to R73.3 million (R60.7 million). Headline earnings per share increased 21.1% to 339.9c (280.6c). A final dividend of 92.6cps was declared.



Prospects

The Group has achieved growth for 15 consecutive years - across the board, in turnover, operating income, attributable income and headline earnings per share. South Africa, with a "high street" retail market estimated at R300bn, is currently experiencing a period of the best retail environment in many years. Retail sales are 25% up in real terms compared to 2000. Public Enterprise Minister Alec Erwin has advised that government will spend R200bn over the next seven years to upgrade the country's electricity, water and transport infrastructure. This expenditure will support an extended up-cycle in terms of fixed investment and consumer demand. Housing and electrification continue apace with more than 1.6 million houses for the underprivileged being built and more than 4 million electricity connections being made. A further 3 million homes will be connected to the grid over the next few years The strong growth in private sector consumption continues to be sustained by low interest rates, higher asset prices and increased real disposable income. The Reserve Bank has reduced its key lending rate seven times since June 2003, to the lowest nominal interest rate in two decades. These forces continue to support levels of consumer confidence and underpin sustained growth in the economy and for the group, within a scenario of moderating growth in consumer demand, during the forthcoming year.



30 Sep 2005 14:22:53
(Official Notice)
Nu-World is expecting an increase of between 20% and 25% in earnings per share and headline earnings per share for the year ended 31 August 2005 compared to that of the previous comparative period. The information in this trading statement has not been reviewed or reported on by Nu-World"s auditors. The release of the year-end results announcement is expected to be on or about 21 October 2005.
13-Jan-2015
(X)
Nu-World Holding Ltd is a South African based public company, listed on the JSE under the 'Furniture and Appliances' sector, since 1987. The Nu-World Group is one of Southern Africa's leading players in the supply of 'Branded Consumer Durables' to the retail sector.

Nu-World is one of the largest importers of consumer electronics in Southern Africa with our international brands of JVC and Telefunken and our in-house brand of NU-TEC.

Nu-World is the leading importer and exporter of small electrical appliances in South Africa. In addition to consumer electronics and small electrical appliances, Nu-World also imports and distributes large appliances for cooking, laundry and refrigeration, air-conditioning, a range of furniture as well as the Casio range of watches and consumer electronics.


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