JAMIE CARR: Just a bump in Tesla’s road?
Certain foreign financiers may view the arrival of a South African with a large wallet as a golden opportunity to offload the junk they couldn’t sell to a local buyer
Fair figures in hard marketsAnybody loitering in the corridors of OR Tambo airport now has a second menace to look out for. There’s always been the tourist horde, unaccountably decked out in full safari ensemble so as to run to ground the 3m carved giraffe that will provoke breathless adulation in the bar in Pig’s Knuckle, Arkansas. More recently, however, there is the danger of being trampled underfoot by the legions from the corporate sector, who are dashing offshore in the hope of unearthing happier hunting grounds than those of our moribund economy.Appealing as this strategy is in theory, it is not a tactic with an unalloyed success rate. The cynic might suggest that certain foreign financiers view the arrival of a South African with a large wallet as a golden opportunity to offload all the junk they couldn’t sell to a local buyer, but shareholders of TFG will be hoping the company’s buying spree in the UK and Australia will set it up for a future with more promise than it could...
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