SA billionaire has sights set on buying regional state-owned airports
South African billionaire Rob Hersov has offered to buy six of the country’s state-owned airports which are in need of capital injections.
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South African billionaire Rob Hersov has offered to buy six of the country’s state-owned airports which are in need of capital injections.
A number of prospective investors have expressed an interest in buying a stake in Airports Company SA, but the state-owned entity is not for sale, says Minister of Transport Fikile Mbalula.
The state-owned Airports Company of South Africa is not for sale. That is the word from Transport Minister, Fikile Mbalula.
After spending a few days in the Drakensberg at the fourth BizNews conference, UK-based fund manager Sean Peche gives his impressions of progress in the country, with an upbeat interpretation of developments and projections for the future. Read his views below.
After spending a few days in the Drakensberg at the fourth BizNews conference, Sean Peche gives his impressions of progress in South Africa.