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Alec Hogg: Cape independence critics flayed
"Momentum continues to grow for secession by the Western Cape," writes Alec Hogg. Listen to his interview with Cape Independence Party leader Jack Miller.
The JSE's most important company isn't even listed on the South African market. But given that Chinese internet giant Tencent determines the share prices of the exchange's heaviest weighted stocks – Naspers and Prosus – what happens to Pony Ma's business is critical for SA investors.
And although the latest quarterlies released this morning are OK (see below) the longer term outlook is positively frightening.
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