Alec Hogg: Thank goodness for the Oppenheimers

BizNews founder Alec Hogg shares his rational perspective on the Oppenheimers, looking back to when he met the patriarch of the fortuitous family and reflects on how the humility and commitment to South Africa still lives on in his daughter and granddaughter, who continue to invest in SA. Recently, they decided to invest half-a-billion rand into saving South African horse racing. This follows the R1-billion donation given to the Covid-19 Solidarity Fund earlier in the year. – Jarryd Neves

By Alec Hogg

In the early 1980s, as a greenhorn financial reporter at the Rand Daily Mail, I was in a constant battle to repay a student loan, meet the rent and feed my face. With monthly expenses exceeding income, my books only balanced through careful punting at the racecourse. That created a lifelong affection for the Sport of Kings.

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