Diamonds & Dogs
JAMIE CARR: Alas, poor Trencor
Textainer took a mighty bath in the year under review through no particular fault of its own
Nu-World Holdings performing under pressureWith trials and indeed tribulations afflicting the beloved country, pressure is piling up on the consumer. Unemployment is rife, growth is moribund, anything vaguely resembling a national coffer is fighting to repel plunderers, and in the background is the spectre of white monopoly capital, capitalising away in an ominously white and monopolistic fashion. Under the circumstances, you would be forgiven for thinking that the last thing on anybody’s mind would be toddling off to ship in large quantities of small electrical goods. Nu-World admits that the trading environment has been difficult and competitive, yet it has managed to bang out excellent results. In SA, the company achieved strong growth in both sales and profitability across all divisions, broadening the product range and hitting affordable price points. The mechanics of the operations improved in terms of stocking and planning, and it continues to invest in the development of new...
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