RECM comfortable with large JD stake – look through the bad news says Hertzog

It’s well known RECM was been piling into the shares in Steinhoff’s beleaguered subsidiary, JD Group. So in today’s CNBC Africa Power Lunch I quizzed the firm’s Wilhelm Hertzog about his views after another disappointing trading update released late last night. Also in today’s interview, Hertzog offers his perspectives on Steinhoff, Net1 and Blue Label. – … Read more