SA is a low-growth environment, a scenario that is unlikely to change unless there are major structural changes to our economy and political environment. This drives SA corporates to set their sights on faraway lands, usually getting slaughtered in the process.
There are exceptions, of course. Food service giant Bidcorp is one of them, with a genuinely diversified global revenue base. The largest contributor to revenue is Europe, with 34% of total revenue in the latest financial year. Next up are the UK and Australasia, with emerging markets, as the smallest segment, contributing 17.6% of group revenue. SA is only part of the emerging markets segment, so this JSE-listed company truly offers global diversification away from the SA growth story ...
FinanceGhost Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
JSE sustainability head highlights private sector as vital to climate change financeSA’s functioning capital markets are crucial for adaptation, says Shameela Soobramoney
Source: BDliveSA - 🏆 12. / 63 Read more »