Watch Bomela and Elk's in studio with Bruce Whitfield below:
Here’s a summary of some of the topics they covered:
Surviving three market crashes (late 90s, early 2000s, 2008) and the lessons they learned
Key successes (e.g. Radio Highveld bid; entry into Primedia; BPSA investment; Tracker, etc.)
Milestones (e.g. Primedia and Peermont LBOs)
Hard lessons learnt (Mathomo; post 2008 leverage structures; etc.)
Value creation and MIC’s long term view (e.g. FirstRand/FRET transaction, consolidation of holdings, Metrofile de-gearing, etc.)
Partnerships with other investors and BEE partners
The secondary BEE market, deals and opportunities
The state of the BEE “market” in South Africa currently as well as challenges and opportunities
What the future holds for MIC/its strategy going forward
Black financial investors versus operators
Black industrialist programme
What the codes’ impact has been on the sector
- The future of the new codes
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The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).
A Cape Town man was stabbed to death on Saturday while trying to assist two women who were being mugged on Kloof street.
After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.