Ghost Wrap #63 (NEPI Rockcastle | Vukile | Italtile | Bidcorp | Spar | Pick n Pay)
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Description
Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on recent news across various sectors: NEPI Rockcastle just released record distributable earnings per share and Vukile easily raised R1 billion on the local market, so there's demand for offshore property strategies and with good reason - in some cases at least. Italtile gives us a lot of insight into the start of the local economy and particularly the mindset of higher income earners. Bidcorp is doing a great job of building its global empire, but margin pressure in the UK is biting. Spar certainly has its challenges right now, but they seem far easier to overcome than what is happening at Pick n Pay.  The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.
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