Loss resulting from the public mayhem is provided only by a state-owned insurer
20 July 2021 - 14:52
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Residents loot items from a Cambridge Store in Vosloorus, east of Johannesburg, on July 12 2021. Picture: SUNDAY TIMES/ALAISTER RUSSELL
In his recent column Stuart Theobald posed a question: “How can the destruction of billions of rand worth of stock and infrastructure not be reflecting in the values of SA companies?” (“Investment case remains intact despite the mayhem,” July 18).
From an investment perspective, could the fact that cover from loss resulting from the public mayhem such as we have witnessed is provided only by a state-owned insurer already have been priced in?
Mpho Tjabane Berea, Johannesburg
JOIN THE DISCUSSION: Send us an e-mail with your comments. Letters of more than 300 words will be edited for length. Send your letter by e-mail to letters@businesslive.co.za. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Was cover from loss priced in?
Loss resulting from the public mayhem is provided only by a state-owned insurer
In his recent column Stuart Theobald posed a question: “How can the destruction of billions of rand worth of stock and infrastructure not be reflecting in the values of SA companies?” (“Investment case remains intact despite the mayhem,” July 18).
From an investment perspective, could the fact that cover from loss resulting from the public mayhem such as we have witnessed is provided only by a state-owned insurer already have been priced in?
Mpho Tjabane
Berea, Johannesburg
JOIN THE DISCUSSION: Send us an e-mail with your comments. Letters of more than 300 words will be edited for length. Send your letter by e-mail to letters@businesslive.co.za. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
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