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Finweek - EnglishFinweek - English

Finweek - English

10 October 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.

Country:
South Africa
Language:
English
Publisher:
Media 24 Ltd
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25 Issues

IN THIS ISSUE

access_time2 min.
from the editor

in the second quarter of this year, all seven of the world’s largest economies grew at a slower rate than in the comparative quarter last year. That’s according to the World Economic Forum’s (WEF) Regional Risks for Doing Business 2019 report, released at the beginning of October. Second-quarter GPD growth in the biggest economy, the US, slowed down from 3.2% in 2018, to 2.3%. China, in second place, slowed down from 6.7% to 6.2%. Germany, in fourth place, slowed down significantly from 2.1% to 0.4%. The WEF said that the signals of a global economic recession in the near future are now “strong”. “The world economy has been treading a flatter growth path since the structural shock of 2008/09. However, the symptoms of a fragile economy have become more manifest this year,”…

access_time4 min.
how to punish high school students – and the likely consequences

high school teachers have tough jobs. They have to maintain control in a class of several dozen excitable, attention-distracted adolescents, while also trying to convey calculus, or Eukaryotic cell structures, or the reasons for the Second World War. It is no wonder that things get out of hand sometimes. Enter the troublemakers. In every class, it seems, there are those students who push the disciplinary boundaries. For their classmates, they are often a source of entertainment. But for the teachers, they are mostly sources of frustration and, at worst, anger. I vividly remember one incident in high school when a few of us had pushed the teacher to the extremes. He put down his chalk, turned around slowly and in a cold, rasping voice said: “I only have two words for…

access_time4 min.
last chance to catch up on ‘lost decade’?

the fearlessness with which finance minister Tito Mboweni is challenging his comrades within the Tripartite Alliance to rise to the occasion to address South Africa’s worsening economic shortcomings is a sight to behold. Mboweni has been in his job for a year, but he has dispensed with the ‘try-to-please-all’ attitude of his predecessors that we had become accustomed to – those who tried to curry favour with business-aligned factions inside the ruling ANC and the ruling party’s long-standing alliance partners, labour union federation Cosatu and communist party SACP. Since taking overthe reins in October 2018, Mboweni has shown that he is not afraid to slug it out with his comrades when it comes to debating the management of our economy, often annoying his detractors with his support for the privatisation of poorly…

access_time1 min.
finweek - english

EDITORIAL & SALES Editor Anneli Groenewald Managing Editor Jana Jacobs Journalists and Contributors Simon Brown, Lucas de Lange, Johan Fourie, Moxima Gama, Mariam Isa, Schalk Louw, David McKay, Andile Ntingi, Timothy Rangongo, Petri Redelinghuys, Peet Serfontein, Melusi Tshabalala, Amanda Visser, Glenda Williams Sub-Editors Brendan Peacock, 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.
in brief

“THERE ARE RISKS A CHANGE IN THE ENVIRONMENT COULD FORCE AN OUTRIGHT-TIGHT POLICY STANCE.” – South African Reserve Bank (Sarb) in its latest monetary policy review, released on 1 October. Referring to the scale of South Africa’s economic challenges, as well as global risks, the Sarb emphasised that “To control these risks, South Africa needs reforms. These are likely to entail some short-term pain. The cost of postponing reforms further, however, is rising at an accelerating rate.” The Sarb’s review comes as finance minister Tito Mboweni is due to give his medium-term budget policy statement at the end of October. “PRESIDENTS ALWAYS ASK FOR THINGS, BUT WHAT’S DIFFERENT IS THE NATURE OF THE ASK HERE.” – Simon Jackman, head of the United States Studies Centre at the University of Sydney, Australia, quoted by…

access_time3 min.
the rise of copper in a green economy

copper is sometimes referred to as ‘DrCopper’ because of its centrality in economic development. When copper demand is thriving, it normally means global GDP is in a good space. There is, though, a new role for the metal that’s equally important. According to a report by Bernstein, the New York bank, the future demand for copper will be heavily influenced by the degree to which world economies are able to decarbonise. This is owing to DrCopper’s ‘climate-healing’ industrial applications. According to Paul Gait, an analyst at Bernstein who helped author a report into copper’s evolving role in the green economy, the expected tripling in wind farm capacity from the current 600GW in output in the next decade equates to 330 000 tonnes of copper demand this year, at a 9% compound average…

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