JP Morgan buys $30 million in new shares of Mpumi Madisa-led Bidvest
The $30 million purchase reflects JP Morgan’s growing confidence in Bidvest’s leadership and operational strength across freight, services, and automotive sectors.
Mpumi Madisa
Bidvest, led by South African executive Mpumi Madisa, secures UK nod for Citron takeover
This marks a major step in Bidvest’s global expansion, strengthening its position in hygiene, facilities management, and distribution services.
Bidvest, led by South Africa’s Mpumi Madisa, announces $86.9 million dividend payout
Bidvest posts higher profit, declares $86.9 million dividend as strong cash flow, resilient demand, and disciplined strategy offset economic headwinds.
JP Morgan bets big on Mpumi Madisa-led Bidvest with $241 million stake acquisition
The banking giant invested R4.42 billion ($241.29 million) to secure a 5.03 percent beneficial stake in Bidvest.
Meet Mpumi Madisa: First Black woman to lead a top-40 South African company
Her journey to the helm of Bidvest is a testament to resilience, ambition, and a commitment to excellence.
South African executive Mpumi Madisa pockets $2.4-million salary in 2023
The generous package highlights Madisa’s pivotal role in steering Bidvest to outstanding financial success.