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Finweek - EnglishFinweek - English

Finweek - English

20 June 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.

Paese:
South Africa
Lingua:
English
Editore:
Media 24 Ltd
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ABBONATI
32,83 €(Incl. tax)
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access_time2 minuti
from the editor

“global growth has continued to weaken and momentum remains fragile,” said David Malpass, president of the World Bank Group, in its June edition on global economic prospects. “Downside risks to growth predominate, including rising trade barriers, a build-up of government debt, and deeper-than-expected slowdowns in several major economies,” he said. Over the last months, many commentators have used these factors to argue that a global recession might be on the horizon. But while the World Bank has downgraded its forecast for global growth in 2019 by 0.3 percentage points, to 2.6%, it expects growth to gradually rise again towards 2.8% in 2021. Adrian Cooper, CEO of Oxford Economics, also doesn’t expect a recession. Speaking at a recent event in Johannesburg, he noted that we’re currently seeing a “pretty modest” slowdown in global…

access_time4 minuti
why south africans are emigrating – and what to do about it

talent is at the heart of the knowledge economy. People that live in places attractive to talented migrants, like Silicon Valley, see their incomes increase much faster than places with a brain drain. It is for this reason that the emigration of talented South Africans should concern those who care about the country’s future. Emigration is a South African reality. The choice of destination country, even just as a thought experiment, is the topic of many a dinner conversation – I suspect also for many a reader of this magazine. News media seems to confirm that more and more South Africans are leaving. FNB’s Estate Agents Survey for the first quarter of 2019 shows that emigration-driven property sales now account for 14.2% of all sales, up from 10% in the last quarter…

access_time1 minuti
editorial & sales

Editor Anneli Groenewald Managing Editor Jana Jacobs Journalists and Contributors Simon Brown, Johan Fourie, Moxima Gama, Lloyd Gedye, Glenneis Kriel, Schalk Louw, David McKay, Maarten Mittner, Timothy Rangongo, Peet Serfontein, Melusi Tshabalala, Amanda Visser, Glenda Williams Sub-Editor Katrien Smit Editorial Assistant Thato Marolen Layout Artists David Kyslinger, Annelie Laubscher, Beku Mbotoli Advertising Paul Goddard 082 650 9231/paul@fivetwelve.co.za Clive Kotze 082 335 4957/clive@mediamatic.co.za 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, Pam Moodley pam.moodley@newmedia.co.za Share your thoughts with us on: @finweek finweek finweekmagazine…

access_time4 minuti
in brief

“HE HAS REALISED THAT IN RAMAPHOSA HE HAS SOMEONE HE CAN TORMENT QUITE WELL.” —Lukhona Mnguni, political analyst, in a comment to Bloomberg on secretary general of the ANC, Ace Magashule’s, statement at a news conference that “the National Executive Committee lekgotla agreed to expand the mandate of the South African Reserve Bank [Sarb] beyond just price stability to include growth and employment”. Magashule’s call for quantitative easing for developmental purposes (one of the resolutions agreed to at the last ANC elective conference) rattled investors and shook the rand. It reached a new 2019 low after breaching the R15/$ exchange rate (the weakest level since September 2018), according to Reuters. Analysts and policymakers further told Bloomberg that embattled former president Jacob Zuma’s allies, of which Magashule is known to be one,…

access_time4 minuti
holistic solution for urban management

in 2009, Tiaan Janse van Rensburg and his colleagues found themselves jobless after the converged technology company they worked for closed down. To make ends meet, he, Rudi Kruger and Denver Knoetzen started Technology House Solutions, a company that specialises in converged technology and the development of service and urban management software. “The initial idea was to create software that would smoothen incident management since the divisions in a company that report incidents are often not the same as the ones responsible for fixing the situation,” Janse van Rensburg says. By 2011, however, they realised the need for a more holistic solution, and started a new division, called Solution House Software. By 2014 they launched a platform that combined incident reporting and service delivery data from different companies to allow these companies…

access_time4 minuti
a deal signed in platinum

corporate deaths are rarely spectacular. Rather, the lawyers move in and with a swish of the pen life moves on. So it was with Lonmin this month: 20 years after its creation as a focused mining company the office chairs were stacked, and someone turned the lights off. It had taken more than a year to conclude its all-share merger with Sibanye-Stillwater – more than might really be necessary, but as ever with Lonmin, events rarely run smoothly. CEO Ben Magara’s role in the Lonmin story began six years ago to the month, just under a year after the Marikana atrocity in which 34 protesting miners were shot dead by security forces. Ten miners had been killed in the week prior, largely a function of inter-union rivalry. Commenting in an interview with finweek at…

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