Bidvest’s interim results for the six months ended 31 December 2024 reflected the resilience of its diversified business model amid muted macroeconomic conditions, both locally and abroad.
Sandile Magagula
Bidcorp’ s growth is driven by a combination of organic expansion
and targeted bolt-on acquisitions. The company is currently piloting
AI-powered micro-projects across markets to enhance efficiency
and improve margins across its vast product range.
Grindrod Group is a dynamic South African freight company specialising in end-to-end solutions for cargo moving through the corridors of Africa via road, rail, and sea. The company is a key investor in the Maputo Port Development Company with a 24.7% equity stake
Bytes Technology Group, following its IPO (and unbundling from Altron) on the London Stock Exchange, 2020 marked a significant milestone in its evolution as a key player in the UK’s technology sector.
Established in Cape Town in 1963 by eight wholesalers serving 500 small retailers, the Spar Group has expanded its footprint across Southern Africa and Europe.
MAS PLC a publicly traded real estate investor listed in both the Netherlands and South Africa, with a focus on income-generating commercial properties across Central and Eastern Europe (CEE).
Gold Fields Limited, headquartered in Johannesburg, South Africa, is among the world’s largest gold mining companies. Its origins date back to 1887 when Cecil Rhodes founded Gold Fields of South Africa Limited.
Thungela is mainly a coal exporting business whose profits largely depend on performance of rail and international coal prices. Thungela is in a robust financial position to support shareholder returns while also mitigating the risks associated with coal price fluctuations.
Founded in 1910 by the British couple Mr. and Mrs. Grindrod, this company has over a century of expertise in rail tracks, ports, and terminals. Grindrod offers a comprehensive range of cost-effective integrated solutions for commodities cargo flow, diverse freight solutions for the maritime, offshore, oil, and gas sectors, and ship agency services to customers across 41 countries spanning five continents.
Earlier this year, our analyst Sandile Magagula had the opportunity to visit the Lethabo power station situated in the Free State province of South Africa, near the town of Vereeniging.