Hudaco hopes policy implementation will speed up after elections
The group is well placed to benefit from reinvigorated investor confidence and functional municipalities
01 February 2024 - 20:17
Hudaco Industries, an importer of automotive, industrial and electrical products, says it is optimistic about seeing meaningful action and policy implementation from the government as the national elections kick-start SA’s economy.
The JSE-listed group said its diversified business model has helped it navigate the weak economic and tough operational environment in SA, having made R171m in acquisitions in 2023 as part of its bid to further vary its portfolio...
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