Novus: Can new shareholders inject growth into underperforming printing company?
CEO Neil Birch spoke to BizNews about developments at Novus – and what it’s like being at the helm of a company in a sector that seems to be in decline.
CEO Neil Birch spoke to BizNews about developments at Novus – and what it’s like being at the helm of a company in a sector that seems to be in decline.
Alec Hogg was joined by Stephen van der Walt, Chief Executive of Novus Holdings to talk about its impending listing, the company’s new name and its diversifying operations.
We hear about the ‘African Growth Story’ regularly, about a continent brimming with opportunity, potential and a people who are fast moving into more economically viable sectors. Â It seems that there is a global race to establish capital to benefit from the upside on the last untapped market on the planet. Despite being aware of … Read more
From Agence France Presse The New York Times Co. on Tuesday reported a sharp drop in profits as lower advertising revenues offset gains in digital subscriptions. Net profit for the second quarter fell to $9.2 million from $20.1 million in the same period a year ago. Total revenues were essentially flat at $389 million, with … Read more
From Mo Haarhoff, a member of the Biznews community I fell in love with words when I was still quite young. At that stage, this passion obviously manifested itself in reading. Then I graduated to little homilies that were succinct but very true. One of my favourite quotations from my teenage years are these few … Read more
JOHANNESBURG (Reuters) – Paper and packaging firm Mondi said on Tuesday it will buy the U.S. bags and kraft paper business of Graphic Packaging International for $105 million as it seeks to grow its presence in the world’s largest economy. Mondi, a South African company also listed in London, said the acquisition will be on a … Read more
People often choose individuals who are a lot like themselves to work with, and for, them. But, there’s much to be said for picking a partner who has different, though complementary, skills and ways of thinking. Â A prime example is the relationship between US investment guru Warren Buffett and his lesser known other half, Charlie … Read more
Have been thinking a lot lately about ownership and empowerment. And wondering how mankind managed to get itself into an awful structure where those who direct the financial resources – often beneficiaries of the lottery of the womb – get to impose their will even though they’re often light years behind the people actually making a … Read more