MARC HASENFUSS: Less politics, more profit from Argent
The shift into offshore niches is paying off for the industrial conglomerate but some local businesses are a distraction
03 July 2025 - 05:00
The just-released annual report from resurgent industrial conglomerate Argent may be regarded as a little tame from a fireworks point of view. Readers may recall that two years ago CEO Treve Hendry, one of the more enigmatic executives in South Africa, went off pop on local politics.
He noted rather starkly: “Domestically, the consequences of the perfect fun show put on by the current elected party has made an absolute mess of the South African markets and is the inspiration to place one’s operations and production elsewhere in the world.”..
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