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Tourvest appoints Sean Joubert CA(SA) as new Chief Executive

Sean Joubert has been appointed as chief executive of the integrated tourism group Tourvest from 1 January 2018.  He succeeds Tommy Edmond, who retires at the end of the year. Joubert, 50, is currently the chief operations officer of Quintica a UK-registered company which streamlines and automates business processes and workflows.  Before that, he was chief financial officer of Dimension Data MEA (Middle East and Africa) and managing director of t...More

BAIC SA appoints Batandwa Mdyesha CA(SA) as new CFO

Johannesburg, 06 November 2017 – BAIC South Africa (SA) today announced the appointment of Batandwa Mdyesha as the company’s Chief Financial Officer (CFO) with immediate effect. Mdyesha will be based at BAIC SA’s head office in Johannesburg. Between 2009 – 2017, Mdyesha worked in senior accounting, auditing and financial roles at South African state-owned enterprises, and she worked in the private sector at a leading accounting and professi...More

Part 3 – Considerations when selecting an equity partner

When a company’s strategic focus turns to equity raising, it is critical for the company to determine what type of investor will best support the company’s strategic imperatives over the long term.  Robert Peché, Corporate Finance Associate at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions services, highlights the key differences between strategic and financial investors and the drivers ...More

Part 2 – The implications of raising capital through equity funding

Many businesses require additional capital to grow the business or to facilitate the exit of an existing shareholder or partner.  Some of these businesses do not qualify to obtain funding from a bank, or the balance sheet cannot afford additional loan funding.  In other instances, equity funding may be preferred for long term strategic reasons or to facilitate entry into a strategic partnership. Although equity capital is the most expensive source...More

Part 1 – The benefits of bank debt and mezzanine funding when raising strategic capital

Making money in a business does not only depend on profit margins, growth in turnover and growing market share.  The manner in which the business is financed can also have a substantial impact on the shareholder returns generated by the business. It will serve any business to have a strategic look at its balance sheet and the various options through which capital can be raised and allocated.  Robert Peché, Corporate Finance Associate at Bravura, ...More

Artificial Intelligence: Harnessing the true potential of this revolutionary force

By Ankur Prakash, Vice President, New Growth and Emerging Markets, Wipro Limited 30 October 2017 As we race towards an uncertain future, one thing’s for sure: Artificial Intelligence (AI) is here to stay. We cannot know exactly how it will reshape our work, our businesses, and our lives in general, but there are some fascinating and exciting potential outcomes. We’ve already seen the first iteration of AI in the workplace and in our daily...More