'We have to fix it ourselves': Remgro forced to spend as govt fails - but investors still rewarded

Remgro, the diversified investment holding company with interests spanning energy, food and healthcare, says while its companies are increasingly having to spend to offset the failures of the government, rewarding shareholders remains a top priority.

Cash generation is back at pre-pandemic levels and the group recently returned R3.5 billion to investors. This was through a combination of dividends, buybacks and unbundling stakes, with the group saying it was pursuing both growth in its assets as well as rewarding shareholders.

"We will continue as part of our capital allocation strategy to explore opportunities to unlock value and return capital to shareholders," CEO Jannie Durand told News24 in an interview.