Alec Hogg’s regular column covering investment, economics, moneycraft and, occasionally, something very personal.
The financial vultures are flocking around what’s left of one-time billionaire Markus Jooste’s assets. Latest to stake a claim is Steinhoff, the company he built and then massively defrauded.
Latest billionaire to join the newsprint owning crew is Salesforce.com founder Marc Benioff who with wife Lynne this month acquired the venerable Time magazine for $190m.
To date, many investors have favoured rand-denominated feeder funds because of the perceived complexity of applying for tax and Reserve Bank clearance to invest offshore directly.
Democracy is like the mythical genie in Aladdin’s lamp. Once uncorked, it is extremely difficult to rebottle.
Guosto is the brainchild of Timo Boldt and his neighbour James Carter. In August 2013, they were famously turned down on the venture capital reality show Dragons Den.
What is supposed to South Africa’s elite crime-busting unit, the Hawks, is in complete disarray after years of Zuptoid snouting.
America houses 5% of the world’s population. They possess 25% of global wealth, legacy of the early adoption of the most efficient economic system. Donald Trump wants to keep it that way.
Du Plessis tendered his resignation immediately after Phulemela’s audit committee approved financial results for the year to end July.
US President Donald Trump has used the ‘draining the swamp’ on several occasions to describe his plan to fix problems in the federal government.
With most South Africans urbanised and wanting jobs and land in the city, the large swathes of rural agriculturally productive land hold little interest.