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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  
News   News

Acquisition of specialized staffing business, Staff U Need 

Adcorp, announced on Monday, April 21, the acquisition of specialized staffing business, Staff U Need for an amount of R210 million. Staff U Need specializes in providing skilled and semi-skilled labour to the power generation industry including Eskom and certain of its subsidiary companies involved in the maintenance and construction of power stations. The acquisition will further entrench Adcorp’s position as the leading provider of staffing solutions in the South African market. The acquisition is subject to Competition Commission approval.

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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