Joffe proves there’s Long4Life after Bidvest

Within the South African business community, there are giants who seem to get it right time and time again. In contrast, there are others whose fall from grace has been quite spectacular, like Markus Jooste over alleged accounting fraud in Steinhoff and Christo Wiese over a number of poor investments. Let’s focus on one of the giants with a much …

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Barloworld gets its MAC on

Corporate mergers and acquisitions are fascinating beasts. In case you’re wondering, MAC doesn’t stand for mergers and acquisitions, but more on that later. The headlines always describe the deal as though nothing can go wrong. “Tongaat Hulett sells Starch division to Barloworld for R5.35 billion,” screamed the business media back in March. The better media houses (like Creamer Media) typically …

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