Market Indicators
- JSE All Share (ALSI) 51,684.70
- Rand/Euro R 18.91
- Rand/Pound R 21.01
- Rand/US Dollar R 16.23
- Rand/Aus Dollar R 11.40
Cautionary Tales of Offshore Investing
South African businesses have a strong history of successfully expanding their operations offshore and becoming well renowned global businesses. This has been done to access growth opportunities in offshore markets and to diversify away from a lower growth and higher risk domestic environment. While some companies have achieved success in their offshore pursuits, there are many that have struggled.
In this month’s article we take a deeper look at two of these businesses, Woolworths and Sasol, and explore what lessons we can learn from their failures by relating it back to how we make our own investment decisions.
