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Remgro executive Pieter Uys was the driving force behind the successful R11 billion deal, in which Vodacom will acquire a 30% stake in Maziv, which owns Vumatel and DFA.
Remgro CEO Jannie Durand says that slow economic growth and high unemployment are likely to persist unless South Africa adopts pro-growth policies.
Remgro CEO Jannie Durand warned that the government taking property without market-related compensation will have severely negative consequences for South Africa.
Jannie Durand – CEO, Remgro
Rowan Williams from Nitrogen Fund Managers and Chantal Marx from FNB Wealth and Investments believe Remgro is a good bet with a 2–3 year timeframe.