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Q&A: No need to panic, Bidvest CEO says
Bidvest CEO Mpumi Madisa speaks to Business Day deputy editor Tiisetso Motsoeneng about the operational health of the businesses
Bidvest’s boss has moved to allay fears about operational performance, saying investors overreacted to a trading update that highlighted challenges facing consumers, a slowdown in renewables energy sales volumes and deterioration in the domestic logistics system.
Shares in the company slumped 10% following the trading update, their biggest one-day drop in 22 years, sparking vague talk about deeper operational issues...
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