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Pattison to fix Edcon with 4-point plan

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Unlisted retailer, Edcon has former Massmart CEO, Grant Pattison at its helm with the tough challenge of restoring Edcon to its former glory. The company is in talks to refinance over R2 billion of its debt as it pursues a turnaround strategy - now Ramaphoria is waning, while the business mood has improved, it is starting to slip, retail sales is rising at a slower pace and consumers are under pressure with the VAT increase. Where does Edcon position itself in the current economic climate? Grant Pattison, CEO of Edcon joined us in studio for more.
10 Apr 2018 12PM English South Africa Business · Business News

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