Aug 28, 2024 / 09:00AM GMT
Fred Robertson - Brimstone Investment Corporation Ltd - President, Graycliff Enterprise Solutions
Good morning, ladies and gentlemen. A very good morning to you from a very cold, windy and stormy Cape Town. We are presenting today the financial results for six months ended June 30 of Brimstone Investment Corporation. We remain to be profitable, empowering and having a positive social impact. These are the core values around which we started the company and we have remained true to profitability, empowerment, positive social impact.
The business environment remains to be extremely challenging. That is a business and economic environment for this period that we were weak, remains extremely challenging and with increased unemployment, I said everything consumer under severe pressure. The volatile Rand, although we see it's come back a little to below ZAR18, the high interest rates is really, really punishing on everybody, especially on working-class people.
The port and rail infrastructure is under pressure. It remains under pressure. And now, rearing a chair is water security. And as a
Half Year 2024 Brimstone Investment Corporation Ltd Earnings Call Transcript
Aug 28, 2024
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