PSG
Gloom and despondency may be stalking the land as it is steered from iceberg to iceberg by the Gupta family and their puppet muppet, and as we watch the universities struggle to complete the academic year. But a glimpse of the performance of PSG should be enough to lift the spirits of its shareholders, at least. For everybody else, PSG’s success offers a salutary example of what business can achieve if it is allowed to do what it does best without the dead hand of political intervention. PSG has been instrumental in the rise of two of the great investment stories of the millennium, Capitec and Curro. The company has supported them with liberal helpings of capital where necessary, but has also given them the room to grow and their executives the space to run their businesses...
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