Julius Malema (again) takes a pot shot at billionaire Rupert

The feud between firebrand politician Julius Malema (right) and tobacco and luxury goods billionaire Johann Rupert was always bound to erupt again. During his time as head of the ANC Youth League, Malema loved taking pot shots at Rupert, who heads one of South Africa’s richest families and is the chairman of R527bn global luxury … Read more

Market watcher’s insight – Remgro’s R2.3bn investment into Caxton; MTN Zakhele’s non-listing; Joffe’s run at Adcock

Every Monday on CNBC Africa’s Power Lunch I get to chew the fat on one of my favourite subjects – investments – with the extremely well informed Sasha Naryshkine, a director at Vestact. In this week’s discussion we unpack the decision by cigarette and luxury goods baron, Remgro chairman Johann Rupert, to seal a partnership … Read more

Richemont

My Business Day column about OpenView vs Multichoice that stirred elephantine emotions

My UNDICTATED column in Business Day this week stirred some very powerful pots. And reminded me that everyone is entitled to change their mind. Especially elephants. And especially about stuff said in, erm, convivial surroundings. Richemont chairman Johann Rupert says my take on his relationship with Naspers’s Koos Bekker is “devoid of any truth”. Bekker … Read more