SPAR South Africa CEO Resigns; Appleby Westward Sale Nears Completion
DATA AND AI INFRASTRUCTURE
Angelo Swartz, CEO of SPAR Group, will resign effective February 28, 2026, with current CFO Reeza Isaacs succeeding him on March 1, 2026. SPAR South Africa announced progress in the sale of Appleby Westward Group, its distributor in the UK, indicating the deal is nearing completion.
This move is part of SPAR's strategy to dispose of its UK business. Other notable developments include Pluckk raising Rs 100 crore from Euro Gulf Investment and Amazon's $12 billion investment in AI data centers in Louisiana.

Feb 25, 2026, 11:14 AM