How Local Companies Can Succeed When International Giants Exit. In 2012, South Africa’s Murray & Roberts sold its 46% stake in Murray & Roberts Zimbabwe (now Masimba Holdings and Proplastics Limited) to a consortium of local and foreign investors. The stake was sold for R10 million rand, about $1.3 million. Today, it would have been worth over $18 million
I had so much laughter reading this 1...