Though there are exceptions to the rule, for the most part,...

Though there are exceptions to the rule, for the most part, common sense doesn't prevail in SA.

In most instances, pouring money into Africa is as effective as throwing it into the ocean... the only difference being that after pouring it into Africa, we wait a few years holding our breath waiting to see if it will float to the surface again.

I have learnt my lessons on this one and other African stocks. I also have learnt to look at management, and if certain names are on the register I won't touch them with a barge pole.