It’s ‘highly unusual’ for such farms to have $4m cash on hand.
Game farming and wildlife ranching have become a booming business in SA, with animals fetching staggering prices at auctions and local and international hunters piling into the country post-Covid.
Following the reports of a burglary at President Cyril Ramaphosa’s Phala Phala game farm in Limpopo, the industry is now firmly in the public’s sights...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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