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Annual report 2008
 
 

Strategic objectives

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Increase level of contract cover over the medium term, particularly in the handysize sector; 
Ensure adequate cash and access to additional banking facilities;
Maintain a strong brand presence in the market; and
Improve operating capacity in both the drybulk and tanker sectors.
   
Maximise inter group synergies with Shipping and Logistics;
Consolidate operations and focus on key growth areas;
Identify investment opportunities in the supply chain; and
Focus on improving margins.
   
Integration of strategic assets and supply chain capabilities;
Leveraging growth opportunities created by the demand for regional infrastructural and transport investment; 
Expansion and restructure of terminal facilities; and
Conclude black economic empowerment strategy to achieve at least a level 4 contributor status in 2009. 
   
Increase non-guaranteed deposit base;
Grow advances book and private clients’ assets;
Increase treasury assets under management and focus specifically on generating product based income; and 
Establish a debt capital market capability.