boost growth, Invicta’s ambitions have become decidedly more global in scope. Goldstone told earlier this year that until a few years ago management was adamant that it didn’t want to grow outside of SA. However, economic realities have changed and for shareholders it should be a positive that management’s thinking has evolved in response. Diversifying on a global scale will help reduce the geographic and political risk of being overly reliant on Africa, a booming, although comparatively still a tiny market.
That’s not to say Invicta is turning its back on SA. On the contrary, management intends to continue making smaller acquisitions in SA and there are also plans to