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In a busy day of corporate news, both Afrimat and Kaluo managed to satisfy the market with their results, at least initially as well as Southern Sun’s profit estimates. Nampac has entered into an agreement to sell its Nigerian business, and Copper360 has an executive chairman. In international news, Japanese car giant Honda is doubling down on electric vehicle development, with plans to spend more than R1.2 trillion by 2030.
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