BNC#9 | Van Heerden Q&A: Afrimat's Lafarge bet, fixing SA towns, untapped gold, Transnet turnaround

Loading player...
Afrimat's Andries van Heerden bought a struggling cement business for its quarries, not its cement, and is now watching a Chinese buyer take on the part he didn't want. In this Q&A from BNC#9, he tells Alec Hogg what actually scares him in a takeover, why Transnet's turnaround is the best he's seen in years, and why he still won't chase lithium at today's price. Along the way: fixing a Free State town without handing over a cent, the gold South Africa has left in the ground since 1886, and why doing business with Chinese contractors is a lesson his own team is still learning.
7 Sep 8AM English South Africa Investing · Business News

Other recent episodes

He fought Swimming SA for years. Finally the world body caught up

Brett Redelinghuys was banned for ten years by Swimming South Africa for trying to fix it from the inside. This week, the two men who banned him, president Alan Fritz and CEO Shaun Adriaanse, were provisionally suspended by World Aquatics itself, over allegations of abuse of power and fake documents…
7 Sep 5AM 28 min

The Hidden cost of selling your business: Andrew Smith’s Yuppiechef story

What really happens after the entrepreneurial dream comes true? Andrew Smith, co-founder of Yuppiechef, opens up about building a business from a side hustle into a retail powerhouse, taking venture capital, navigating rapid growth, surviving Covid, and ultimately selling the company. Drawing on years of handwritten journals, he shares candid…
6 Sep 10AM 1 hr 04 min