Going cheap: multinationals set their sights on SA

A weak rand, compelling valuations and low interest rates are proving an irresistible mix for cash-flush foreign companies looking to expand into one of Africa’s most lucrative markets

31 December 2021 - 00:03 By Thabiso Mochiko

Local companies are likely to continue to attract foreign buyers who are taking advantage of the weak rand and low valuations to expand into one of Africa’s most lucrative markets.

According to analysts, valuations for local companies are attractive and raising capital is cheaper given the low interest rate environment globally. ..

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