Francois Marais: “Safari’s been very fortunate and had no arson – But KZN is terrible”

Loading player...
Francois Marais is the founder of Safari, one of the bigger investors in South African township shopping malls. Marais joined the BizNews Power Hour to discuss the developments of looting and rioting in KwaZulu-Natal and Gauteng in particular, detailing the damage done to the group’s properties. Marais notes that while Safari’s properties saw damage, it was nowhere near as bad as what KwaZulu-Natal has gone through. Marais speaks in his personal capacity and no longer represents the views of Safari. – Jarryd Neves Learn more about your ad choices. Visit megaphone.fm/adchoices
13 Jul 2021 12PM English South Africa Investing · Business News

Other recent episodes

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min

South Africa’s business titans are gone – and David Shapiro explains why

From Brian Joffe to Raymond Ackerman, South Africa once produced business giants who shaped the economy. David Shapiro argues they have been replaced by spreadsheet managers, over-regulation and compliance paralysis, and explains what that loss means for growth, risk-taking and the country’s future.
8 Jan 6AM 54 min