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What the Tongaat Hulett rescue can teach South African business
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What the Tongaat Hulett rescue can teach South African business
Henico Schalekamp Enterprise value is measured not only by what a business earns, but by what it enables. The Tongaat Hulett rescue is a timely reminder of that. The biggest lesson from Tongaat Hulett isn’t that a company was saved. It’s that somebody recognised its value before it disappeared. The immediate headlines have understandably focused on the rescue agreement, the preservation of approximately 250,000 jobs and the role played by the ID…
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