category_outlined / Business & Finans
Finweek - EnglishFinweek - English

Finweek - English 12 September 2019

Finweek is South Africa’s leading financial weekly magazine focusing on investment. With its brisk, creative and authoritative analysis of business and investment issues, it’s an essential business tool in the daily battle for competitive advantage. Today's business decision-makers have to cope with increased pressure on their time and are expected, more than ever before, to succeed in the face of stiffer competition. Finweek provides relevant information in quick bytes, along with award-winning investment advice.

South Africa
Media 24 Ltd
Læs merekeyboard_arrow_down
13,64 kr.(Inkl. moms)
289,08 kr.(Inkl. moms)
25 Udgivelser


access_time2 min.
from the editor

On a normal news day, StatsSA data on a 3.1% recovery in GDP over the second quarter (Q2) would have made the headlines. But nothing appears to be normal at the moment. Here in Johannesburg, the arrival of spring looked and smelled quite different to other years as smoke billowed out of buildings in the CBD following deadly protests. Violence and lawlessness, and dare we say hatred, ruled the streets and the front pages of daily newspapers. It indeed feels wrong to celebrate anything at all currently, least of all a number that very few people in the country could probably relate to at the moment. After all, while the recovery was quite a bit higher than the roughly 2.5% that many polls anticipated, a number of commentators pointed to the fact that…

access_time1 min.
finweek - english

EDITORIAL & SALES Editor Anneli Groenewald Managing Editor Jana Jacobs Journalists and Contributors Justin Brown, Simon Brown, Lucas de Lange, Johan Fourie, Moxima Gama, Marcia Klein, Glenneis Kriel, Schalk Louw, David McKay, Timothy Rangongo, Peet Serfontein, Melusi Tshabalala, Amanda Visser, Glenda Williams Sub-Editor Katrien Smit Editorial Assistant Thato Marolen Layout Artists David Kyslinger, Beku Mbotoli Advertising Paul Goddard 082 650 9231/paul@fivetwelve.co.za Clive Kotze 082 335 4957/clive@mediamatic.co.za 082 882 7375 Sales Executive Tanya Finch 082 961 9429/tanya@fivetwelve.co.za Publisher Sandra Ladas sandra.ladas@newmedia.co.za General Manager Dev Naidoo Production Angela Silver angela.silver@newmedia.co.za Share your thoughts with us on: @finweek finweek finweekmagazine…

access_time4 min.
the rules that keep millions poor

much of the focus on poverty alleviation in South Africa is, understandably, on the post-apartheid era. But sometimes it is worth taking a long-term view. One of the most important contributions of the last two decades to the literature on economic growth is that institutions matter. Social scientists have, of course, posited for a long time that the freedom associated with democracy, property rights, rule of law and a free press is critical to the success of a market society. But these ideas could only relatively recently be tested empirically, with the uncovering of new data sources and development of new methods. Daron Acemoglu, Simon Johnson and James Robinson in Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution say it was the type of institutions…

access_time5 min.
in brief

“PARLIAMENT IS ON THE BRINK OF WRECKING ANY DEAL THAT WE MIGHT BE ABLE TO STRIKE.” − Prime Minister of the UK, Boris Johnson, sounding off at critics after losing a crucial vote in the British parliament. British lawmakers rose up against Johnson, moving to prevent him from taking the country out of the EU without a formal agreement, reported The New York Times. Johnson’s proposal was defeated in the House of Commons by 328 to 301 votes. Members of parliament will now vote for a delay of the Brexit bill. According to BBC.com, if Johnson is forced to request an extension of the current Brexit deadline of 31 October, he will then be forced to call a general election. “NOT INVESTING IN HEALTH IS THE VERY DEFINITION OF A FALSE ECONOMY.” −…

access_time4 min.
monetising sunshine

in 2014, after realising the futility of solar power investments in a country where the sun rarely shines, Abe Cambridge left his home country, England, to work as a solar financial adviser in Cape Town. Here he was struck by the absence of solar panels in the city. “I could not understand why there was such a poor adoption of solar technology in a country where you had to wear sunglasses most of the time, electricity prices were increased by10% to 14% each year and solarenergy produced up to fourtimes lowercarbon emissions than coal,” he says. The reasons became more apparent as he became familiar with SA’s energy environment: “In the absence of subsidies, government incentives and funding solutions, there wasn’t much motivation for people to adopt this capital-intensive technology. Also, electricity…

access_time3 min.
seriti’s bid for south32’s coal not yet set in stone

after more than 18 months of bidding, Seriti Resources has emerged as South32’s chosen one: The company that has the right to buy control of its 28m tonnes (Mt) a month in SA coal production, of which half is sold to Eskom. More than 50 companies bid for the assets, collectively known as South African Energy Coal (SAEC). In the end, it boiled down to two: Sibambene Coal, backed by Swiss commodities trader Mercuria; and Seriti, a black-owned consortium headed by the former Minerals Council of South Africa president Mike Teke via his Masimong Group; Thebe Investment Group is also a shareholder, among others. Teke is cautious about the process. Seriti has been chosen as the preferred bidder; it is not yet the de facto owner, he says. So in the next 12…