News and Updates

Binning the idea that plastic bags are the problem

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Plastic bags are touted as one of the biggest causes of environmental pollution, with many nations banning the bag in an effort to solve the problem. Globally, single-use plastic bags are banned in over 32 countries, 18 of which are in Africa, with New York City in the USA becoming one of the most recent cities to do this in April 2019.  Back home, leading retailers are in the process of either phasing out the bag, banning it altogether, or looking at alternatives, such as biodegradable bags, as a direct…

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Agile businesses are best placed to navigate changing media landscape

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While it can’t be denied that the media landscape is changing, print still has a very relevant role to play in today’s world. For businesses that operate in this space, agility and a real understanding of client needs will allow them to become future-focused. This is the view of Brandon de Kock, director of WhyFive, who recently spoke at a Novus Holdings event. Novus Holdings is a South African leader in commercial printing and manufacturing. De Kock said that there is much evidence that consumers are still spending on print….

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Financial results FY2019: Novus Holdings sets new base for future performance

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Financial Highlights for the Year Ended 31 March 2019: Revenue remained stable at R 4 331 800 m (2018: R4 308 102 m) Print retail inserts and catalogues increased by 6,2%, while Labels division increased revenue by 16,2% Group declares dividend of 30 cents per share Novus Holdings (JSE: NVS) reported a base-setting performance for the full year ended 31 March 2019, with stable revenue at R4 331 800 m (2018: R4 308 102 m), while operating profit decreased by 41,4% to R294 million predominantly due to lower print revenues and weaker returns on…

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Can digital innovation futureproof SA’s magazine industry?

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With the latest ABC data showing a stark decline in magazine circulation numbers, many have been asking what magazines need to do to futureproof their existence. The answer? Digital technology. “The publishing industry is going through a period of change. The opportunity for smart innovators is to use digital technology to energise the industry,” says Steve Thobela, Novus Print: Executive – South (part of the Novus Holdings Group). Thobela, who has been a print industry advocate for almost 30 years since starting his career as an apprentice typographer, explains that…

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Children surrounded by Horton the elephant at the Novus Holdings donation

Creating safe learning spaces for children is the first step in breaking the cycle of gangsterism

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On World Book Day, Novus Holdings, South Africa’s leading commercial printing and manufacturing company, in partnership with Breadline Africa, donated a library to Prince George Primary School in Lavender Hill, Retreat. Globally, World Book Day, which is celebrated annually on 23 April, promotes the importance of reading for pleasure. “We believe that we need to make an active contribution to better our communities,” said Carrie Nixon, Corporate Communications and Marketing Manager at Novus Holdings. “Providing schools with much-needed resources, such as libraries, will assist in making this a reality as well as empowering the youth of…

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Children interacting at the Isithebe Day Care Centre

Isithebe Day Care Centre enriches local community

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In his State of the Nation Address, President Cyril Ramaphosa emphasised the necessity of educating children to break the cycle of poverty. In line with this, and as education is the cornerstone of the advancement of communities, ITB Plastics, a subsidiary of Novus Holdings’ packaging division, has invested almost 12 years into the rural community of Isithebe in the Ilembe District Municipality in KwaZulu-Natal with new premises for its creche, the Isithebe Day Care Centre. While the creche has been operational since 2007, due to the lack of suitable pre-schools…

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