M.A. (Sociology) / Most, if not all, groups as well as major commercial concerns existing in South Africa today, begin through the actions of one man, or a small group of people. These people were usually wealthy investors, who had the purpose of profit in mind, but nonetheless, were responsible for the conglomerates now active in today's economic world. People such as, Sir Ernest Oppenheimer (Anglo American Corporation) Sir John Patterson (Standard Bank of South Africa) Douglas Murray (Murray & Roberts) and many others, began with an idea, and joined by a small group, rose from humble beginnings and formed the major corporations we know today. To be able to expand to the size of today's big companies, more and more people were required to staff the work stations and start up the subsidiary companies and head office divisions that today comprise the holding companies listed on the Johannesburg Stock Exchange. This is not just a historical event, but the same process is continuing on an ever increasing rate in the modern commercial climate.
|15 September 2014
|Quilliam, Neale E.
|South African National ETD Portal
|University of Johannesburg
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