Craig Pfeiffer from Absa Stockbrokers and Portfolio Management chose Bidcorp as his stock pick of the day. "I think just after the budget, again, seeing the budget deficit growing, looking at the current account deficit that they were forecasting to grow to 4% of GDP. The rand/hedge stocks are still where you need to be and Bid Corp is the one that I still like. A globally diversified food company but a good rand/hedge"

Or listen to the full audio:

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now