G4S revenue jumps on new contracts
Thursday, May 04, 2017
G4S runs a wide array of services ranging from manned security, cash solutions, security systems, cleaning services, facilities management and fleet management.
The group’s revenue for the year rose 2.8% to P213.9 million from P207.9 million in 2015.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...