Chapter 525: Rough entry into the African market
"Mr. Williams, welcome to South Africa!" Gary Tennison said enthusiastically. Pen, fun, pavilion www. biquge。 info
Henry smiled and shook his hand, "Thank you very much, Your Excellency President Gary Tennison!"
Gary Tennison smiled, and then began to introduce Henry to a group of people behind him, all of whom were high-ranking South African government officials. Henry shook hands with them one by one, and when he was done, he was invited by Gary Tennison to get into his presidential car and head to the hotel.
……
Located at the southernmost tip of the African continent, South Africa is known as the "Rainbow Country", with a land area of 1219090 square kilometers, twice the size of Madagascar. With a population of only 40 to 50 million, South Africa is now the second largest economy in Africa. At the top of the list is Nigeria, with a total population of 173 million, making it Africa's largest oil producer and exporter. However, although South Africa is the second largest economy in Africa, it is the most developed country in Africa, with a per capita GDP five times that of Nigeria, especially in the financial, legal, communications, energy, and transportation industries, with complete hardware infrastructure and stock exchange markets, and deep mining and other technologies are also in the leading position in the world.
In addition, South Africa is the world's largest producer of gold and diamonds.
Madagascar's proximity to South Africa, a relatively developed country, is conducive to trade and development between the two countries. As the saying goes, far and near are not as good as close neighbors, and building good relations with South Africa is naturally a relatively important thing at present. In addition, South Africa and Madagascar are separated by the sea, and there are no territorial disputes. As a result, South Africa is one of Madagascar's key allies based in Africa.
South Africa is the only country in the world with three capitals, the administrative capital of Tshwane, the legislative capital of Cape Town, and the judicial capital of Bloemfontein. And Henry's current city is in Cape Town, the legislative capital. Cape Town is the second largest city in South Africa and is home to a beautiful natural landscape and the famous Cape of Good Hope.
Gary Tennison booked a room at Henry's Hilton in the heart of Cape Town. When they arrived at the hotel, it was already approaching evening. That night, Gary Tennison invited Henry to dinner, and Henry readily agreed.
There were only two people at the table, Henry and Gary Tennison, and the rest of the people were waiting outside the private room.
The two ate and chatted at the same time.
But at this moment, Gary Tennison's heart is very hot, because in less than a month, Henry spent hundreds of billions of dollars to invest in British shipyards, energy and telecommunications industries, which really shocked and envied Gary Tennison, thinking that if Henry can be allowed to invest in South Africa, it will play a great role in the development of South Africa. And more importantly, Henry Williams's investment has become a bellwether for investors, and the country in which he invests will surely attract more investors to join.
"Mr. Williams, what business are you going to invest in South Africa?" asked Gary Tennison.
"South Africa is a big mineral country, and I plan to invest in mining!" Henry replied with a smile.
South Africa is very close to Madagascar, and mining here can reduce transportation costs and time costs, and South African labor is also very cheap.
Gary Tennison nodded knowingly, most of the companies that come to South Africa to invest are mining industries.
Henry smiled at this time, "In addition, I am also interested in the financial and telecommunications industries in South Africa! Your Excellency President Gary Tennison, I wonder if you can tell me about these industries?"
When Gary Tennison heard this, he was immediately overjoyed, Henry Williams took a fancy to the three industries in South Africa, and the investment must not be less!
"Okay, Mr. Williams, then I'll give you a brief introduction to South Africa's mining, finance, and telecommunications......
Immediately, Gary Tennison began to give Henry a detailed introduction to the three industries. Gary Tennison is a president who knows his country inside out. Henry had already sent someone to do his research before he came, and in combination with President Gary Tennison's presentation, he now had a clearer understanding of South Africa.
"Your Excellency President Gary Tennison, after listening to your introduction, I have more confidence in South Africa!" said Henry as he delivered Gary Tennison to the door of the hotel after dinner, "So, I have decided to invest in South Africa, and the investment amount must be at least $50 billion!"
Gary Tennison's body trembled when he heard this......
The next day, Gary Tennison really got a glimpse of what it means to be rich. More than two dozen of South Africa's largest mining companies received offers from Henry Williams on the same day.
"Isn't it an exaggeration to offer more than two dozen mining companies the next day......," Gary Tennison was stunned.
Andrew Mining: "Rich Reed, did you get an offer from Henry Williams?"
"Rogered!" said the man named Rich Reid, "not only our two companies, but as far as I know, all the leading mining companies in South Africa have received an offer to buy Henry Williams. As for the companies that did not receive an offer to buy, it should be that Henry Williams is not eye-catching!!"
"Damn, this TM is too tyrant!"
"Hehe, being rich is so capricious! What's more, the assets of our companies add up to two or three billion dollars, which may not be anything at all in the eyes of Henry Williams!"
"Wori, with his value, is really like this......"
……
……
The weather in South Africa is very good, especially Cape Town, which has a Mediterranean climate, sunny and moderate humidity, which is the best place to spend a holiday here.
Henry's eyes were slightly closed, lying under the sun umbrella to rest leisurely, while his secretary was debriefing him.
"Mr. Williams, we have jointly issued takeover offers to 25 mining companies, and 18 companies have agreed to negotiate so far!"
"Well, got it, try to get as many mining companies as you can!"
"Yes!"
In the future, Henry will need a lot of mineral resources to develop Madagascar, build houses, various public infrastructure, telecommunications, transportation, develop heavy industry, etc. I'm afraid that Williams Mining Company will not be able to satisfy Madagascar's request. Since South Africa is so close to Madagascar, it is natural to buy as many South African mining companies as possible. As long as the scale increases, the cost will also come down! Henry will buy a mining company now, which is much cheaper than buying minerals from others in the future!
Underdeveloped countries also have the benefits of underdeveloped countries, such as Madagascar, which is almost a blank slate for Henry, and Henry can use his imagination to build this country. Henry hopes to make it a more regal country than Dubai, with all kinds of sci-fi or bizarre buildings to attract tourists and investors, with a focus on Madagascar's tourism. At the same time, we will vigorously support the development of finance, science and technology, and entertainment industries, especially the development of high technology!
In Henry's cognition, only technology can make the country strong!
At this time, Henry stood up from the recliner, stretched his body, and asked the secretary: "Is the information of the South African MTN Group clear?"
"It has been investigated clearly, MTN was founded in 1994, currently operates in 21 countries in Africa and the Middle East, is the largest telecommunications company in Africa, belongs to one of the world's top 500 companies, and the price may be a bit high!"
"No matter how much money it is, the telecom company will do it!" Henry's eyes flashed, the African market, he has decided on his own, and it happens that the founding of the country is imminent, if he has MTN Group, he must be able to play a big role in Africa!
"Yes!!"
"As for the bank, do you have a goal?" asked Henry again.
"The think tank team thinks it is possible to buy South Africa's Standard Bank!"
"Standard Bank of South Africa?" Henry muttered, the name familiar...... Henry suddenly remembered that in 2008, China ~ Industrial and Commercial Bank of China acquired 20% of the shares of Standard Bank of South Africa and became the largest shareholder, and this news once made headlines in major financial media. When the pace of world economic development slows down, the African economy is developing rapidly, and China ~ Industrial and Commercial Bank of China has a good vision, and invested in Standard Bank earlier, thus entering the African market.
"Tell us about the bank!"
"Okay!" The secretary standing beside Henry flipped through the papers in his hand and began: "Standard Bank has a long history and is currently the largest commercial bank in South Africa and Africa, with 1,051 branches in 18 countries in Africa and major financial centers in Europe, the Americas and Asia, with operations in various fields such as retail banking, corporate and investment banking, and life insurance, with 46,000 employees worldwide. ”
The secretary paused at this point, "Mr. Williams, actually, Standard Bank and Standard Chartered Bank have cooperated once. Standard Bank was founded in 1969 but merged with Standard Chartered Bank in the same year to form Standard Chartered Bank. However, in 1987, Standard Chartered Bank sold its 39% stake, making Standard Bank a fully South African bank. ”
"Hehe, there is still such a relationship...... Henry couldn't help but smile, then nodded to the secretary and motioned for him to continue.
"Since 2001, Standard Bank of South Africa has been operating at a return on equity of more than 20 per cent. According to the analysis of the think tank group, the development potential of Standard Bank is huge, and with the prosperity and development of the African economy in the future, its scale and efficiency will continue to expand, so it is very worthy of acquisition! In addition, South Africa's Standard Bank is currently one of the top 500 companies! With a market value of about $18 billion, the secretary said.
"Well, then buy South Africa's Standard Bank!" Henry nodded.
The American market has Bank of America, the European market has the Royal Bank of Scotland, the Asian market has Standard Chartered Bank, and the African market has Standard Bank. With these four banks, banks with the "Williams" logo will be opened all over the world. (More chapters tomorrow)
(To be continued.) )