See buyout details: https://businesstech.co.za/news/business/802681/world-leader-from-china-buys-south-african-company/
One more grip on Africa. Soon your Kwikot geyser will have a mandatory app that will require access to your microphone so your geyser can start sending you targeted ads.
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For sure it’s a compliment to have these big guys take an interest in our home grown companies. What concerns me is that the brand is all that they are after. I saw this first hand with Cobra. They have closed their manufacturing plants here but the brand lives on.
Is there a politician I can vote for who’s mantra is ‘Let’s make SA great again’?