News and Updates

Plastics bags are better for the environment than cotton bags

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If you, like many festive season shoppers, are contemplating packing groceries and shopping into cotton or paper bags rather than plastic carrier bags because it is more environmentally-friendly, think again. “It is a myth that cotton and paper bags are better for the environment than plastic bags,” says Tim Stewart, Group Executive: Packaging at Novus Holdings. A recent study done by the Danish Environmental Protection Agency finds that plastic bags are, contrary to popular belief, kinder to the environment than many other re-usable bags, such as cotton or cloth bags….

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Believe in the power of your dreams this festive season

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Jimmy Nevis is encouraging all South Africans this festive season to unwrap joy and believe in the power of their dreams, never forget where they come from, and to keep moving forward in pursuit of following their hearts. This is the inspirational message behind a new campaign initiated by Novus Holdings, a leader in the South African commercial printing and manufacturing sector, which celebrates the magical role of print during the festive season – from gifting and packaging, to the power of telling stories and the importance of giving back….

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Paarl Media Bursary Fund Trust awards bursaries to the value of R660 000

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11 Western Cape-based matric learners have been awarded bursaries to the value of R660 000 to help finance their tertiary education in 2019, thanks to the Paarl Media Bursary Fund Trust, supported by Novus Holdings, one of South Africa’s largest commercial printing and manufacturing Groups. The qualifying learners were honoured at a ceremony hosted by the Paarl Media Bursary Fund Trust in Paarl on Wednesday, 14 November. Since its inception in 2008, the Trust has awarded more than 100 bursaries valued in excess of R11 million. “The Trust aims to…

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Donation of mobile libraries to help foster learner potential

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In the spirit of World Children’s Day, celebrated annually on 20 November, to build a world where every child can fulfil their potential, Novus Holdings, in partnership with New Africa Education Foundation (NAEF), donated seven stunning mobile libraries to Kgato Primary School in Manguang, Bloemfontein. Novus Holdings is a leading commercial printing and manufacturing company while NAEF is a Non-Profit Organisation (NPO). The mobile libraries, which can be wheeled from one classroom to another making them easily accessible to all learners, were donated as part of the ‘Read to Lead’…

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Vast experience at the helm of Novus print

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Novus Holdings (JSE: NVS), a leader in the South African commercial printing and manufacturing sector, has appointed Andre Smit to the position of Group Executive: Novus Print,  commencing 01 February 2019. The appointment serves to bring continued stability to the printing division, as Smit has been with the Group for over 20 years, thus bringing with him vast institutional knowledge of the print and manufacturing landscape. He will gradually take over the reins from Conrad Rademeyer, current Group Executive: Novus Print. “Andre’s unwavering integrity makes him the perfect candidate to drive the Novus…

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Novus Holdings reports stable performance for six months ended 30 September 2018

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Interim Financial Results Highlights for the Six Months Ended 30 September 2018: Revenue remained stable at R2 297 m (2017: R2 295 m) Operating profit in Packaging division increased by 90,8%, with Paarl Labels performance reporting an increase in revenue of 23,2% and the inclusion of ITB Plastics Free cash flow improved by R162 m to an outflow of R45 m (2017: outflow of R207 m) Novus Holdings (JSE: NVS) announced a slight increase in revenue from R2 295 m to R2 297m for the six months to September 2018; this is despite the…

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