Imperial is almost a pure-play African business

There was an interesting announcement out of Imperial Logistics (JSE:IPL) today, especially considering JSE companies were scrambling for “hard currency exposure” just a few years ago.   ???????????????????????????????? ???????????????????? ???????????????????????? ???????? ???????????????????????????????? ???????????????????????? ???????? ???????????? “???????????????????????????? ???????? ????????????????????????” Conglomerates have been out of fashion for a while. Investors prefer pure-play businesses that allow them to take specific exposure to an …

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