Inflation is starting to taper off, says Bidcorp CEO Bernard Berson
The food services group raises its dividend for the year 75% to R7 per share, with profits rising by more than half to above pre-pandemic levels
24 August 2022 - 08:05
UPDATED 24 August 2022 - 23:05
The worst of the price increases have come to pass, Bidcorp CEO Bernard Berson says, as manufacturers across the globe grapple with inflationary raw material pressures that have spilt over to consumers.
“I definitely think that the peak of inflation is behind us and we are starting to see it taper off,” Berson told Business Day in an interview shortly after the company issued an annual earnings report...
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