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Brainworks rethinks finance plans after float shortfall

Brett Childs, chief executive of Brainworks Limited, talks to Proactive on the eve of their first day of trading on the JSE.

Childs says they're disappointed, but not surprised, by the fact they struggled to raise funds.

''We're still listing by introduction, we have the required public shares ... it's disappointing but it's due to circumstances which are really outside of our control''.

''I think 2018 will be a good year for us. We need to bear in mind that next year we have elections in Zimbabwe but historically those elections have actually proved a boom for the hospitality industry''.

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