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Thu, 17 May 2012: Adcorp Holdings Ltd (ADR)     Open: 2730    Close: 2730    Bid: 2730     Bid Volume:2757    Offer: 2740   Offer volume :700      High: 2750     Low: 2730     Volume: 7759     Value 21265343   pe   : 12.81     Move: 0  Move percentage:  0.00%  Trades   Number: 8  
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Corporate Social Investment 

 

Social investment is a vital part of our identity at Adcorp and we are proud to so positively impact as many lives as we do. Each year we plough 1% of our annual profits back into society through schemes and projects we believe will provide the greatest benefit to the greatest number of people.

In order to align our projects with our core business - human capital - we have refocused our efforts in the past year to emphasise high school educational assistance and bursary schemes. While the bursary component spearheads our CSI efforts, the gardens and hydroponic tunnels we have established across the country over the past three years command a great deal of our time and effort, and are source of great pride to the group. In addition to these, we are also engaged in a series of ad hoc projects that we were unable to turn our back on once we had been made aware of them.

10 May 2012 - Number of SA jobs grows sharply – for the fourth consecutive month
Employment grew sharply, at an annualised 4.3% in April, representing the creation of 69 780 jobs during the month according to the latest Adcorp Employment Index. ...
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10 April 2012 - Employment grows steadily while union membership declines
A total of 108 826 jobs were created in March – a marked acceleration from the 24 000 jobs created in February and 80 000 jobs created in January, leading to the strongest monthly showing of job creation since the 2009 recession...
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12 March 2012 - New business start-ups slump to all-time low
The group’s February 2012 Employment Index highlights with alarm the closure of 440 000 small business closures over the past five years....
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                                COG                                          Grey Consulting