African ex­pan­sion ill-de­vised

Finweek English Edition - - MARKETPLACE -

Nam­pak re­sults show that African ex­pan­sion is not all a bed of roses and while I have crit­i­cised com­pa­nies for sud­den about­turns on their African ex­pan­sion strate­gies, I have to won­der if all the strate­gies were prop­erly thought through. I get a sense that some were planned when com­mod­ity prices (es­pe­cially oil) were much higher, with­out tak­ing into ac­count any risks of a drop in the oil price. Frankly this is sloppy man­age­ment.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.