By Everson Luhanga
- Spar is paying some workers to leave their jobs as the retailer tries to spend less money and stay afloat.
- Reeza Isaacs became Spar’s new boss on 1 March 2026 after Angelo Swartz left following 19 years at the company.
Spar workers are facing an uncertain future as the retailer looks to cut costs and reduce the size of its workforce.
The company said it will offer some staff a cash payout to leave their jobs. Spar said the plan will not affect its stores or the services they receive.
The retailer said the move is part of a wider plan to spend less money and set itself up for growth.
Spar has had a hard few years. Rising prices and strong competition have hurt the business. A failed computer system also caused serious problems, disrupting deliveries and frustrating store owners.
To stay afloat, Spar has sold off some of its businesses in other countries and made changes at the top.
Long-serving boss Angelo Swartz stepped down at the end of February 2026 after 19 years leading the company.
Reeza Isaacs, who was the company’s chief financial officer, took over as chief executive on 1 March 2026. Swartz is staying on for three months to help with the handover.
Pictured above: A Spar delivery driver.
Image source: MySpar/Facebook
