Marc Hasenfuss
Editor at Large at Financial Mail
Financial journo, vinyl junkie and in constant pursuit of the perfect drop-shot
Articles
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3 weeks ago |
businesslive.co.za | Marc Hasenfuss
My musings on the proposed delisting of empowerment investment company African Rainbow Capital Investments (ARC) hit a nerve with quite a few readers. The level of cynicism around the proposed scheme surprised even me … So contributor Mark Tobin’s thought-provoking tilt at developments in this week’s Investing section is well timed. What did give me a huge lift last week was some intricate detail in investment company Sabvest Capital’s annual report.
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4 weeks ago |
businesslive.co.za | Marc Hasenfuss
The property stock’s share price rally has been supported by the ‘local is lekker’ theme, but how much upside is left?
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4 weeks ago |
businesslive.co.za | Marc Hasenfuss
Dealmaking doyen Brian Joffe famously contended, just as the pandemic was taking hold in 2020, that gyms were “yesterday’s news”. Five years after that pronouncement, Virgin Active, arguably the best-known gym chain in South Africa, is still alive and well and starting to flex its profit muscle again. Today, more than a few observers are as dismissive about the continued relevance of large urban casinos as Joffe was then about gyms.
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1 month ago |
businesslive.co.za | Marc Hasenfuss
I thought my Tuesday morning couldn’t get any worse after having to top up my coffee with almond milk. But things continued to sour when the first Sens announcement of the day detailed a proposed delisting of the sizeable empowerment venture African Rainbow Capital Investments (ARC), which has a market value of more than R13bn. It was not a totally surprising development.
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1 month ago |
businesslive.co.za | Marc Hasenfuss
EDITOR’S NOTE I will, of course, catch it again from the readers who don’t like me to veer off the topic of investment. But it would be totally remiss not to reflect, just for a few paragraphs, on the passing of a great man, playwright Athol Fugard. Fugard is by no means my favourite writer — and it’s perhaps really his early works that mostly resonated with me. I lived, for a while, in a house that overlooked the ever-changing mud flats of Boesman and Lena. ..
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