Business News

  • Wednesday, April 24, 2019 – 11:45 About 160 000 unemployed youth in KwaZulu-Natal are set to benefit from an investment of R7.9 billion in new training programmes. The training programmes are spearheaded by the Department of Labour’s Unemployment Insurance Fund (UIF) and Compensation Fund (CF). They have partnered with 32 State-owned training providers and institutions that will roll out the …read more…

  • Wednesday, April 24, 2019 – 11:03 What is BBA? The Bachelor of Business Administration in Media Operations Management is a degree that focuses on building future managers and leaders within different fields in the media industry. It deals with managing talent and skills within the media industry. “The BBA qualification was designed to prepare the student to be able to …read more…

  • Wednesday, April 24, 2019 – 10:10 The Human Resources department is often sidelined for other, more pressing areas of business. But according to Kathryn Lehnerdt, Managing Member of CorporateWise,”having employees fill in when they can, with no knowledge of HR functions, can be detrimental”. It’s not uncommon for companies to use unqualified people to run their HR units. This practice …read more…

  • Wednesday, April 24, 2019 – 09:30 Legal director of Strata-g Labour Solutions, Advocate Tertius Wessels has cautioned that despite the Constitutional Court ruling on Temporary Employment Services (TES) of placed workers being deemed employees of the client, employees should not have an automatic expectation of being transferred onto the books of the client. “If employees of the TES want to …read more…

  • Tuesday, April 23, 2019 – 15:39 Schools are failing to adequately prepare students for the new era of work and here’s why. Our current school system was designed and established during the industrial age with the aim of producing diligent factory workers. At the time this type of learning was necessary and beneficial to society. Today however people need a …read more…

  • Heading:  Tuesday, April 23, 2019 – 11:05 The drafters of the Labour Relations Act of 1995 (LRA) expressly provided for a right to be heard in the statute. That is, section 188 of the LRA states that a dismissal is unfair if the employer fails to prove that it was effected in accordance with a fair procedure. The Code Of …read more…

  • Tuesday, April 23, 2019 – 10:35 “Africa has what the world wants but requires a 30-year instead of a 5-year view” Africa, often regarded as the last frontier in the global economy, can either be viewed as the glass half-full or half-empty. However, at a recent panel discussion hosted by the University of Stellenbosch Business School (USB), the expressed views …read more…

  • Tuesday, April 23, 2019 – 10:07 5 Reasons why your business should consider outsourcing non-core services Organisations started outsourcing specific business activities in the 1990s mainly as a cost-saving measure. Functions not related to the core business, such as accounting, human resources, data processing, security and maintenance were contracted out to specialised service providers rather than handled by internal staff …read more…

  • Do you work in skills development and training? Click here to register for a free account Tuesday, April 23, 2019 – 09:19 Your credit is just like your health. If you do not manage it wisely, you will have to deal with some serious issues later. Most of us prefer to use credit cards so that we do not need …read more…

  • Thursday, April 18, 2019 – 13:19 The UCT Graduate School of Business (GSB) is ranked 46th in the world, and the best in Africa, for its Executive MBA programme according to the QS Global EMBA Rankings for 2019. Acting director of the UCT GSB, Associate Professor Kosheek Sewchurran, believes that the school’s EMBA programme is one of a kind and …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…