ROB ROSE: Astral, like South African business, hits peak gatvol

“Instead, I’m having to focus on putting in place all these things — like electricity and water — for which we already pay tax.”

Gatvol is an apt word for the prevailing sentiment from other executives too. It was evident in the views of Investec CEO Fani Titi, who told journalists last week that the country is “going nowhere fast”, and MTN CEO Ralph Mupita, who told the FM that “doing nothing at this point will lead to a failed state”...

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ROB ROSE: Astral, like South African business, hits peak gatvol“I’m gatvol of not being able to just focus on our main business, which is producing chicken efficiently,” says Chris Schutte, CEO of Astral Foods.
Source: FinancialMail - 🏆 20. / 63 Read more »

Power crisis pecks poultry industry to the boneAstral CEO lists load-shedding, feed costs as major blows and says SA can’t compete on exports
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Former Telkom CEO wants to buy large slice of companyThe Public Investment Corporation is backing a possible bid led by the former Telkom CEO Sipho Maseko for a 35% stake in South Africa’s third-biggest mobile phone company, according to people familiar with the matter.
Source: mybroadband - 🏆 11. / 67 Read more »