Johann

Johann Rupert

Chairman

The South African economy continues to face a number of headwinds, domestic as well as global. Low confidence levels do not bode well for domestic demand growth, private sector fixed investment and employment creation in the second half of 2015 and 2016.

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Jannie

jannie durand

chief executive officer

This report aims to provide shareholders with a better understanding of the methodology behind the calculation of the intrinsic net asset value, especially relating to the valuation of our unlisted investments.

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Jannie

neville williams

Chief financial officer

Due to Remgro being an investment holding company, traditional measurements of performance, like sales or gross profit, are not meaningful criteria for evaluating the Group’s performance.

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