THE GHOST TRAIN
THE FINANCE GHOST: Many classics, too few rock stars
20 March 2025 - 05:00
Genuine growth stories are few and far between on the local market. Where they do exist, it’s usually because a company figured out how to disrupt the status quo, rather than because there’s a red-hot sector in which all the companies are doing well (just think about the tech sector in the US in recent years).
This is a function of South Africa’s disappointing economic growth. A rising tide lifts all boats, but in these parts the tide seems to be perpetually going out and only a few particularly talented individuals buck that trend with disruptive corporate strategies...
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