PHANTOM SHARES: The Finance Ghost: Steinhoff, Mpact or Shoprite – who is the Grinch?

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 84%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Could someone please let Steinhoff know that December is a time of giving, not taking away?

In some good news for the South African economy, Mpact has decided to invest R1.2-billion in the Mkhondo Paper Mill in Mpumalanga.

The project will be funded through a combination of internally generated profits and debt, with the company guiding that borrowings will peak in 2024.With consumers facing every inflationary pressure imaginable, higher bond repayments and rising interest rates, there simply isn’t enough money lying around for major home improvement projects. If you throw Eskom into the mix and the depression it causes among consumers, the willingness to improve our homes disappears.

As one of the best retailers on the continent, Shoprite must have its reasons. After the Competition Commission finally ruled on this deal, it can apply those reasons to most, but not all, of the desired stores.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Like giving chickens

I’m still smiling! It’s been so beneficial trying someone new. The step taken couldn’t be much. So glad I came across Mrs harper_parksfx who helped me earn so much, he's definitely not like others and I'm not persuading anyone to trade with her Dm her to get started with btc.

Canada Canada Latest News, Canada Canada Headlines