Tsogo Sun taking short-term pain for long-term gain

Tsogo Sun’s Marcel von Aulock shared the group’s expansive vision for the future with Alec Hogg on CNBC Africa’s Power Lunch following interim results that failed to impress the market.

HCI shares hit after chairman suspended

Shares of South Africa’s Hosken Consolidated Investments (HCI) fell as much as 6 percent after the firm suspended its executive chairman over alleged “gross misconduct”