Thursday, 8 September 2011

Indigenisation - Zimbabwean stock-grab

If you own stock in Impala Platinum (Implats) and you've never heard of indigenisation you'd better google the term; quickly. You might even want to revisit your investment models and understand the reasoning behind your purchase. Granted, Zimplats doesn't currently mean much in the greater Implats scheme-of-things but it does, however, play a very important role in Impala's strategic future. For interest, the Impala executive team predicts a difficult 2012 & 2013.

I wonder if the SA government is quietly reviewing the indigenisation concept; let's hope not.

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