Ghost Wrap #63 (NEPI Rockcastle | Vukile | Italtile | Bidcorp | Spar | Pick n Pay)

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.