A touch of class to Sea Point’s main drag

After its difficult construction, a new centre is bringing life and a touch of class back to Sea Point's main drag. It is a well-trodden narrative in South Africa: a suburb falls on hard times, urban grime sets in and major retailers are lured away to more upmarket climes. Residents of Sea Point, Cape Town, [...]

Market Watch: Profitable pipeline

MY INITIAL suspicions — aired some time ago in this magazine’s Fox section — that investment conglomerate Hosken Consolidated Investments (HCI) intends becoming a serious player in the property sector appear to be firming up. In preparing for HCI’s AGM, I noticed the increased emphasis placed in the annual report on the company’s fledgling property [...]

HCI: Property projects on the go

WHO would have dreamed that adventurous investment conglomerate Hosken Consolidated Investments (HCI) would relish being a major player in the local real estate development sector? But HCI’s year to end-March results list an array of property development projects that the company — better known for its investments in the gaming, media, textile, energy, liquor and [...]

HCI’s smaller investments are ‘starting to show promise’

CAPE TOWN — Hosken Consolidated Investments (HCI), the R17.6bn investment company, continues to draw strength from its casino and media interests. But several smaller investments — most notably coal and property — are starting to show promise. Interim results to end September released on Thursday showed that HCI’s holding in casino and hotel group Tsogo [...]