Absa's lack of forward-planning laid bare, the deepening saga of Huge’s hostile play for Adapt IT, Bell Equipment disappoints, and speculation around who will take over as Truworths CEO.
A look at Tencent, Naspers/Prosus and Delivery Hero, H&M, Barloworld, the CPS/Sassa/Net1 matter, and what lies behind the third global multi-billion dollar implosion in as many months.
It’s as though the board is trying to make up for its refusal to release the PwC forensic report into the group by dribbling out an equivalent 3 000 pages of 'announcements'.
Letting go isn’t easy: one economic superpower names and shames its tech successes, others say ‘no’ to sharing; minority shareholders aggrieved, and the rise of the CEO-turned-consultant.
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