South Africa’s mothballed ‘supermall-ification’ sets strip malls up for success
Analysts agree that the country has enough malls and that, post-Covid, the convenience of local centres lure customers
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Merrill Lynch chief plans exit strategy
The head of the Wall Street investment bank Merrill Lynch was on Monday night negotiating a severance package tipped to be as high as -million after a risky strategy of betting billions on American mortgage-backed securities came disastrously unstuck.
