JSE-listed multinational food service group Bidcorp achieved record sales and trading profits in its emerging markets businesses for the six months ended December 31, the group revealed on February 23. Among the emerging markets, South Africa’s performance was noted as particularly positive, owing to the myriad challenges faced by the country’s economy last year – including negative Covid-19 impacts on the hospitality sector, historic unemployment levels, runaway inflation, service delivery issues and political unrest.
