Calgro M3 swings into the red


Manage episode 244842129 series 1909643
By Business Day TV. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Business Day TV — Calgro M3 has slipped into the red. For the half-year, the property company has recorded a headline loss of R4.1 million. That's as the group slowed down development activity amid South Africa's unstable political and economic environment. Business Day TV spoke to CEO Wikus Lategan about the strategy shifts the company is planning to survive the tough trading environment.

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