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Events News South Africa

The new bargain hunters

It's a trillion dollar game, played by exuberant high stakes rollers. It's decidedly schizoid: It built the colossal American industrial empire by floating bonds, and geared the spectacular technology boom that funded the stampede of IT geeks into Silicon Valley.

Then it spawned the sprawl of acquisitive corporate raiders who stripped dozens of high profile companies to the bone. It has no social or economic agenda. It is unapologetically unpatriotic. Now it's restless, on the prowl again to feed its insatiable appetite for more high-yield returns.

And their eyes are on Africa... Read the rest of the article here

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