Bidvest grabbed the headlines last week after announcing that would end its 26-year presence in banking ( Logical as it may sound, the decision by the industrial conglomerate raises an important question: why did it take so long?

Bidvest, a heavyweight in diversified services, should have acted sooner. Its prolonged stay in banking reflects a lack of agility. While other players such as Imperial and Grindrod adjusted sails, Bidvest stuck to the same course. Agility matters; it’s the difference between riding the wave and being swept under. ..

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