Business News

  • Friday, March 22, 2019 – 09:59 South Africa’s public schooling system is riddled with problems. Drop-out rates are high, pupils lack proper support and mentoring, and the transition from school to tertiary education is often overwhelming. But what happens when universities, NGOs and schools work closely together to address these issues? The Conversation Africa’s Natasha Joseph spoke to Professor Di …read more…

  • Friday, March 22, 2019 – 09:41 Given the amount of time employees spend at the office, the work environment needs to offer more personal health, wellness, and lifestyle support than ever. Ruth Wotela, People Wellness Executive at SilverBridge, believes that happy and healthy people are more efficient and productive, a sentiment that SilverBridge has taken to heart. “Our people form …read more…

  • Friday, March 22, 2019 – 09:14 Technology – more than just Automation and AI – is already creating the most seismic impact on the Finance, Audit and Accountancy functions A new initiative by ACCA (the Association of Chartered Certified Accountants) the global accountancy body, has highlighted 10 key drivers that are already changing business processes, people and services. The report …read more…

  • Wednesday, March 20, 2019 – 15:49 Access to education isn’t a privilege, it’s a basic human right – Mzwandile inspires a new generation of learners. Raised by his aunt and uncle after his parents passed away at a young age, Mzwandile Harmans attended a poor school in Cala, the heart of the rural Eastern Cape. It was his matric year; …read more…

  • Do you work in skills development and training? Click here to register for a free account Wednesday, March 20, 2019 – 14:25 There is truth in the saying “you can bring the donkey to the river, but you cannot force the donkey to drink”. Many companies introduce unique, interesting and well thought through Wellness Programmes within their organisations. Still, not …read more…

  • Wednesday, March 20, 2019 – 14:04 Acquiring new abilities while nurturing timeless skills will help leaders become digital leaders – and stay ahead of the competitive game. The rules keep changing as digital transformation sweeps through the workplace, affecting almost every industry and sector. The pace of digital disruption is accelerating, and it is impacting leaders. “As the lifespan of …read more…

  • Wednesday, March 20, 2019 – 11:13 The British Council, through a partnership with the Department of Higher Education and Training (DHET), is pleased to announce funding for 20 higher education partnerships, involving 22 South African Universities (including Universities of Technology) and 19 Universities from the United Kingdom. The partnerships are supported through a collaboration grant, providing an uplift of ZAR …read more…

  • Wednesday, March 20, 2019 – 10:56 The Workplace Challenge Programme (WCP) has contributed to the retention of 500 000 jobs. A joint initiative of the Department of Trade and Industry (dti) and National Economic Development Labour Council (Nedlac), the programme that is implemented on a 24-month period with the aim to encouraging and supporting negotiated workplace change to improve productivity …read more…

  • Wednesday, March 20, 2019 – 09:16 In March 2018, the Department of Trade and Industry proposed amendments to The Skills Development Element set out in Statement 300 of the BBBEE Codes, introducing a separate target for bursaries and increasing the cap on informal training from 15% to 25%. This is in part to encourage businesses to partner with the government …read more…

  • Tuesday, March 19, 2019 – 13:28 Do search engines and other online innovations have the power to redefine professional relationships across industries? The question gathers urgency among corporate achievers looking to take the reins of major companies as an ongoing digital revolution threatens to overturn established business models, even in areas where long-established practice seemed entrenched. Perhaps the biggest single …read more…

Finance News

  • Economic and business statistics in South Africa show that 34% of South African small and medium businesses are led by women. Research also shows that women continue to face barriers such as a lack of capital in order to succeed in business. In order to deal with this, a number of funding programmes have been …Read more…

  • POLOKWANE – Minister of Energy, Jeff Radebe announced the adjustment of fuel prices for May 2018  based on current local and international factors with effect from 2 May 2018. South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors. Read more: Petrol likely to increase by 41c in May, …Read more…

  • At the time of writing (late February) it feels very much like 2010 could be the “year of investing dangerously”.Notwithstanding the hype around the Soccer World Cup, there are jitters around the market driven by local political issues (the pesky mine nationalisation issue and Eskom’s dangerous price hike mandate) as well as global concerns around …Read more…

  • Ideally, this ranking measures the wealth-creating ability of companies listed on the JSE for at least five years.In most cases it does: the internal rate of return (IRR) shows the total return on investment, measured by share price appreciation plus dividends (including special dividends) discounted back over five years – in this case, to year-end …Read more…

  • The return on Equity/Cost of Equity (RoE/Ke) table was introduced to the Top 200 survey in 2009 – in a bid to dig deeper into the value creation efforts by companies listed on the JSE.The initial feedback from readers was mixed.While appreciating the extra effort from the McGregor-BFA brains trust, a number of readers felt …Read more…

  • When it comes to investing, market watchers can probably say with some certainty that size doesn’t matter.Certainly, a big company (say, with a market capitalisation of R60bn) really has no better chance of satisfying an investor than a company that has a market capitalisation of R60m.So what’s the point of analysing the market capitalisation rankings?Admittedly, …Read more…

  • Well, if this is the “new normal” – the phrase coined to describe how investors should adjust to lower returns in the post-global financial crunch world – it’s not looking too bad looking at the performance of unit trust funds.It’s not all good, but certainly not bad, with most categories of unit trust funds giving …Read more…

  • Ebitda is arguably still the worst acronym in the ever-morphing lexicon of financial jargon.As one observer remarked: “It sounds like the sound frogs make at night.”Ebitda – or earnings before interest, tax, depreciation and amortisation – has increasingly become the key line in company income statements.With a host of factors – thanks to new accounting …Read more…

  • Figures in tables provided by McGregor BFA were calculated according to the principles and definitions below.Published consolidated audited financial statements received and analysed before end-January 2010 were used.For certain companies with financial year-ends towards the end of the calendar year statistics may thus refer to financial years that ended in 2008.Provisional or unaudited figures and …Read more…

  • There’s something distinctly “unsexy” – and quite surprising – about the top rankings in our latest McGregor-BFA weighted composite financial index.The top three sectoral rankings – non-life insurance, life assurance and general industrials – wouldn’t exactly be described as the JSE’s hot-to-trot sectors.But those so-called “sexy” sectors – pharmaceutical/healthcare, technology and the retailers – are …Read more…