SA’s massive investment boycott

The trust relationship between the state and the private sector has deteriorated rapidly over the last five years.

Ryk van Niekerk                                   14 August 2017

President Zuma’s term in office has wreaked havoc on the SA economy. Picture: Reuters/Rogan Ward

 

 

 

The notion of a tax boycott seems to creep into many casual conversations among taxpayers.

Recent revelations of the extent of corruption and flows of billions to Dubai, do not sit well with those funding state coffers, and rightly so.

Ignoring the merits and possible consequences of such a revolt, the practical prospects of a wide scale tax boycott are limited. But many South Africans may be oblivious to a massive investment boycott by the private sector that is on the go.

This boycott began when President Jacob Zuma took office and has steadily gained momentum over the last five years as the trust relationship between the […]

2017-09-30T11:07:11+02:00September 30th, 2017|Environments, Recources, Syllabus Topics|

SA firm to use AI to predict crime before it happens

2017-05-29                                         Kyle Venktess: Fin24

Johannesburg – A software company in Cape Town is hoping to predict crime before it happens through machine-learning, artificial intelligence and data capturing.

Solution House Software has launched a new artificial intelligence (AI) module designed to predict and map potential crimes before they happen.

Solution House Software director Tiaan Janse van Rensburg told Fin24 that the module collates data from 50 types of crimes, from rapes to hijackings to house breakings.

“Using data such as weather patterns and other reported crimes, we are able to predict the likelihood of a specific crime taking place, on a particular day at a particular time,” he told Fin24.

Read more on …

 

http://www.fin24.com/Tech/News/sa-firm-to-use-ai-to-predict-crime-before-it-happens-20170529 22 August 2017

2017-09-30T11:03:06+02:00September 30th, 2017|Entrepreneurship, Recources, Syllabus Topics|

WATCH: Influential women in business share leadership lessons

Phuti Mahanyele, Judy Dlamini, Nonkululeko Gobodo and more.

Moneyweb                               9 August 2017 09:30     

Picture: Moneyweb

In partnership with FNB, Moneyweb presents this bespoke leadership video series with top business people. The interview draws on the person’s life, failures and the lessons they have learnt on their journey to the successful leadership positions they hold today. Here are extracts from some of these videos.

  • Phuti Mahanyele

Mahanyele is the former CEO of Shanduka Group and now Sigma Capital’s executive chair. Here she shares the values that help someone become a strong, grounded leader:

Business Leadership: focus as much as you can on skilling yourself

  • Judy Dlamini

A former family doctor, investment banker, entrepreneur, proponent for education and agent for social change, Dlamini is now chairperson of Mbekani Group. She has sage advice for both young and older ambitious women:

Business Leadership: If you’re an ambitious woman, find a […]

2017-09-30T11:01:30+02:00September 30th, 2017|General management and CSR, Recources, Syllabus Topics|

Don’t take everything offshore just because you can

Consider the fundamental value in South African assets.

Patrick Cairns                                                  26 July 2017

Picture: Simon Dawson/Bloomberg

For many local investors, it’s hard to feel confident about putting money into South African assets. The risks and uncertainties seem very high, particularly when it comes to cash and government bonds.

At the start of 1994, one US dollar bought R3.40. The local currency has since depreciated by close to 75%, and people are therefore worried about losing purchasing power if they invest in South African cash.

The uncertainties about the country’s political and fiscal stability also make many investors wary of local government bonds. There is a good chance that South Africa’s sovereign credit rating will be downgraded to sub-investment grade before the end of this year, and people are worried about whether that will cause an exodus of foreign investors and how that would impact the bond […]

2017-09-30T10:59:43+02:00September 30th, 2017|Investment and insurance, Recources, Syllabus Topics|

Business leadership

It’s amazing how many business leaders can’t answer the very simple questions’

Dudu Msomi, founder CEO of Busara Leadership Partners, cuts to the chase regarding business strategy.

Sonya & John Culverwell                                8 August 2017

Dudu Msomi is passionate about business leadership development, but in her world, coaching a company’s leaders often transmutes into facilitating business strategy, team building, mentoring and a number of other disciplines. This occurs, according to Msomi, because very often leaders think that they know what the problem is in their organisation – mistakenly. In her view, this misconception is often born out of an inability to interrogate a company’s status quo with the simplest of questions.

Which in itself makes Msomi unusual as a leadership consultant; because she doesn’t believe in confusing the issues and needlessly inflating a situation with theories, models and other intellectual theorising.

In this short video extracted from her full length interview with Moneyweb, Msomi discusses her […]

2017-09-30T10:57:28+02:00September 30th, 2017|General management and CSR, Recources, Syllabus Topics|

Joburg seen as successful in nurturing female entrepreneurs, report shows

Johannesburg ranked 28 out of 50 cities globally for incubating female entrepreneurship.

Aarti Bhana                      11 August 2017

Female entrepreneurs leading Johannesburg in global city ratings. Picture: Shutterstock

The city of Johannesburg has been ranked 28 out of 50 cities globally, for showcasing skill development and business opportunities for women in the 2017 Women Entrepreneur Cities Index.

The index compares and ranks global cities according to their ability to foster and incubate “high-potential women entrepreneurs” and business owners to develop the country’s economic status. The study was conducted by technology services company, Dell.

Cities were ranked by virtue of female skill development in the fields of capital, technology, talent, culture and markets. It was found, however, that South Africa’s female population is leading the political field above others.

The Dell index found that 44% of South African women work […]

2017-09-30T10:56:08+02:00September 30th, 2017|Entrepreneurship, Recources, Syllabus Topics|

It took a year for customers to smell the coffee

Aug 15 2017 16:14                                       Liziwe Ndalana

Gcobani Gogoba and his girlfriend, Ntombizodwa Skuza, started selling four cups of coffee a day from the boot of their car. Today they sell about 200 cups a day. (Pic: Zukile Daniel, News24)

 

Cape Town – After working in the hospitality industry for four years, Gcobani Gogoba started toying with the idea of having his own coffee selling business in the townships.

The idea of bringing the kind of coffee sold in the city centre to the townships started to haunt him.

But many fears clouded his dream.

“You think of getting robbed and killed, you think it won’t work… of leaving the job that you love… so many fears in front of you that make the dream not so clear,” the 29-year-old entrepreneur told Fin24 at his coffee shop in Philippi Village.

His first coffee station was and still is operated […]

2017-09-30T10:53:19+02:00September 30th, 2017|2017 Case Study, Entrepreneurship, Recources, Syllabus Topics|

Financial Habits  for Successful People

When it comes to your finances, it is very important to build good habits that help you achieve your goals and keep your financial state stable. You should always be informed on the current state of your finances and that of the world around you (fluctuations of prices, taxes, wages, etc.). Here are some good financial habits to develop that will keep your finances sorted:

1 Always have a clear idea of the state of your income – where your income comes from and how much you make. Whether you rely solely on your job or you earn money from investing in shares, you should always know exactly how much you are making and what you use it for.

2 Set aside for all types of expenses – organize your finances and make sure you know how much you need to spend on daily and monthly expenses. There will always be unexpected expenses you […]

2017-09-30T10:50:00+02:00September 30th, 2017|Finance, Recources, Syllabus Topics|

What next for Steers owner after buying spree?

May 30 2017 Matthew le Cordeur

Cape Town – Africa’s largest branded food services franchisor has put its focus back on its winning outlets, following an acquisition spree which saw the company buy seven new firms. Famous Brands CEO Darren Hele told Fin24 on Monday that 2017 is “all about getting to grips with new the balance sheet” following its acquisition strategy in 2016.

Famous Brands [JSE:FBR] on Monday posted a 33% revenue rise on the back of a robust acquisition spree and the successful integration into the business. However, basic headline earnings per share (HEPS) fell 21% to 428 cents per share.

In a statement on Monday, the group said its results for the year were impacted by the following once-off non-operational items related to the UK-based Gourmet Burger Kitchen acquisition: foreign exchange loss of R23m, and professional fees related to the acquisition of R50m. Hele said shareholders won’t be surprised by […]

2017-07-28T05:49:10+02:00July 28th, 2017|2017 Case Study, Recources|

Top tips to make saving a lifestyle

Lameez Omarjee and Carin Smith
2017-07-07 20:09

Johannesburg – Saving should not be seen as a once-off exercise.
According to Ester Ochse, product specialist at FNB, consumers should re-evaluate their lifestyle and make saving part of it.

Ochse shares a few habits consumers can adopt to achieve this.
Among these include buying what you need. “Determine what you need and what you don’t need. Sometimes we become ‘impulse buyers’ and tend to waste our money on unnecessary clothes, cosmetics, toiletries,” she says.

Cooking at home is also a more cost effective option than buying take-outs daily, explains Ochse. “You will be surprised at how much you can save by just cooking a healthy meal for your family. An added bonus is that you can take leftovers for lunch the next day.”

Save spare change in an account, suggests Ochse. Instead of putting your loose coins or notes under the bed or couch, open a savings account. Another […]

2017-07-28T05:46:41+02:00July 28th, 2017|Investment and insurance, Recources, Syllabus Topics|
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