Phantom Shares: A Tale of Two Tsogos

Phantom Shares is my weekly summary of the more interesting stories and themes from the prior week on the JSE. It is first published in the Daily Maverick 168 newspaper on a Saturday and then in Business Maverick each Monday. It is reproduced here with the permission of Daily Maverick.   the_ad id=”3223″ A tale of two Tsogos In mid-2019, Tsogo …

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Tourism mourns an industry giant and its own demise

It was a landmark week in the tourism industry for all the wrong reasons, topped off by the passing of industry icon and world-famous South African, Sol Kerzner. It’s worth touching on his legacy before discussing the Tsogo Sun Hotels announcement that came out on Friday after the markets closed. Kerzner – a life less ordinary. Kerzner’s colourful life can …

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