“Here be dragons” is a warning found on ancient maps demonstrating the dangers awaiting voyagers who dared venture beyond the limits of the known world. Today there are a number of South African companies that can attest to the perils awaiting those that venture beyond our borders into unknown territories. Some estimates suggest that a total of R300bn of shareholder value has been lost in failed offshore ventures in recent years. Why has the much-vaunted corporate SA fared so badly in their offshore forays? The reasons are probably as diverse as the companies that ventured offshore.

Source: News 24 March 25, 2021 11:37 UTC