Business News

  • Do you work in skills development and training? Click here to register for a free account Wednesday, December 12, 2018 – 14:45 Boeing selects two South African students to join its International Business Internship Program (IBIP) in Seattle Still in their 20s, Robert Clark and Makhosazana Ncube, have already managed to oversee a project to improve nature conservation using quadcopter …read more…

  • Wednesday, December 12, 2018 – 12:22 The workplace of the future is here, changing rapidly, enabled by new tech and progressive thinking. As a result, a number of new senior leadership roles are emerging that companies must start incorporating into their leadership teams to position themselves competitively in coming years, an expert says. “Top teams no longer merely comprise the …read more…

  • Wednesday, December 12, 2018 – 10:06 Thanks to Industry 4.0, globalisation and rapid digitalisation, today’s consumers are very connected and mobile. How does this impact the hospitality industry? According to an Infor report, in 2016, 52% of all travel reservations were made online, with 65% of same-day hotel reservations made from a smartphone. Hospitality organisations that don’t meet their customers’ …read more…

  • Wednesday, December 12, 2018 – 09:15 Are we doing enough to care for and transform our nation? There is a growing awareness around the issue of social responsibility, particularly in the business arena. More people are realizing that the support of the collective is needed to resolve the country’s most pressing economic and social issues. “Social responsibility would be the …read more…

  • Tuesday, December 11, 2018 – 11:09 Whether you’re leading the charge in a larger organisation or a lone ranger embarking on your solopreneur journey, the reality is that you not always going to have access to a massive marketing budget. So, what do you do to get your brand out there and get those leads streaming in when you don’t …read more…

  • Tuesday, December 11, 2018 – 11:01 Graduates from the Saldanha community proudly pose with their basic computer literacy certificates that they received last week, 05 December 2018 at the West Coast Business Development Centre (WCBDC). The course forms part of Reputation Matters’ Awesome AfriCAN initiative and was proudly sponsored by the Sea Harvest Foundation. Over the last six weeks, eleven …read more…

  • Tuesday, December 11, 2018 – 09:37 Deciding to get a tertiary qualification is a big commitment, both financially and in terms of the time and effort you’ll need to invest to get your degree or diploma. According to a Department of Higher Education 2015 report 47.9% of South African university students do not complete their degrees. This high drop-out rate …read more…

  • Tuesday, December 11, 2018 – 09:21 Since 2014, a Cape Town father, Henri Terblanche has been campaigning for more parental leave for fathers. Fathers were only entitled to 3 days family responsibility leave as stated in the Basic Conditions of Employment Act. Mr. Terblanche’s campaign was based on research done in Norway and Sweden and emphasised the benefits it would …read more…

  • Heading:  Monday, December 10, 2018 – 14:53 One of the reasons for the 2006 Transnet strike was the concern of employees of a Transnet subsidiary over their transfer to an entity controlled by the Department of Transport. Section 197 of the Labour Relations Act (LRA) places heavy responsibilities on the employer who takes over the business (or part thereof) of …read more…

  • Monday, December 10, 2018 – 12:26 The coming weeks of relative workplace quiet provide the perfect opportunity for those considering a career change to put their plan into action, before the frenzy of back-to-work in January derails their big picture plans, an expert says. “If you’ve been thinking about making a change, but never seem able to act on it …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…