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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2 weeks ago |
businesslive.co.za | Marc Hasenfuss
In South Africa, kids with ADHD must see a doctor every month to get their medication. That’s expensive, time-consuming and unrealistic — especially for families in rural areas or without medical aid
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3 weeks ago |
businesslive.co.za | Marc Hasenfuss
After years of being a burden on the taxpayer, the national airline goes smaller but better, with plans for sustained profitability
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1 month ago |
businesslive.co.za | Marc Hasenfuss
This is equivalent to R36bn or 37.5% of Reinet’s market value on the JSE. Shareholders would no doubt be keen to know whether this chunk of change might be mobilised for a special dividend, share buybacks or acquisition plans. But Rupert is giving nothing away. He cited the potential for continued market volatility and global instability for sticking with a “measured approach to capital deployment”.
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1 month ago |
businesslive.co.za | Marc Hasenfuss
Triple-budget bust-up may be worth it if lessons have really been learnt, but the government will have to tackle the underlying imbalance between revenue and expenditure
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1 month ago |
businesslive.co.za | Marc Hasenfuss
Cash is king. Everyone knows that. Then, there’s Richemont ... sitting at another level, with a right royal heap of cash on its balance sheet. The luxury brands conglomerate controlled by the Rupert family finished its financial year to end-March with more than €8bn of net cash. That’s a whopping R167bn — enough to acquire all of Harmony Gold (at the current market price) if Richemont ever wanted to move “upstream” in the luxurybusiness...
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