Growth forecast much too low to stem slump in key sectors, says AECI boss
Costly restructuring dents profits of chemicals and explosives group
24 July 2019 - 09:01
SA needs economic growth well in excess of 2% to stem the slump that has gripped the country’s key sectors, the CEO of the JSE’s second-biggest listed chemicals group says.
Speaking on the sidelines of a results presentation on Wednesday, AECI CEO Mark Dytor said low economic growth dampens prospects for the company’s businesses that supply products to various sectors. ..
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