Kusile and Medupi power stations continue to come under fire as poorly managed and ill-designed, remaining years behind completion dates amidst drastically rising costs that now stand at R300-billion, by conservative estimates. Despite being the most expensive projects in the world, these stations are reportedly failing in reliability, achieving a 40% rate at best. In…
DetailsAn ETF aims to passively mimic the performance of an overall index, such as the JSE, by tracking the movements of the underlying basket of shares or assets that make up that index. These instruments differ from actively managed investment products like unit trusts in that they tend to have very low costs as they…
DetailsBy Alessandra Pardini, a Partner at Webber Wentzel Power shortages and a transition to a lower-carbon future, in line with SA’s Paris Agreement commitments, will require the country to harness new technologies. Energy storage, which will be a critical element of a modern power system, offers potential for local industrialisation and job creation. South Africans,…
DetailsIT hardware has an estimated residual value of around 10%, this means South Africa’s largest companies could be receiving up to R4-million at the end of a 3-year depreciation cycle. If CIOs don’t act swiftly to recover residual value from their redundant IT equipment, staff will pocket the money. This is according to Xperien CEO…
DetailsAuthored by: Muhammed Goolab, Executive Committee Member of the South African Rewards Association Despite years of progress and an increased awareness surrounding gender equity in the workplace and society in general, women bare a disproportionate responsibility when it comes to childcare. This, combined with social expectations and gender stereotypes, are seen to place women at…
DetailsIs your data delivering information or is it just data? By Lyall O’Carroll, of Seidor Bluekey Each year, the SME Survey is released by SME Survey (Pty) Ltd. In 2018, the survey focused on accounting functions and the future role of accountants. Conducted among 1,400 SME decision makers, data showed that despite SMEs being traditionally…
DetailsAfter qualifying the long way as some would say, Damian Judge pursued the gruelling ‘part-time studying, full-time working’ route to become a CA(SA). He worked his way to financial director for two companies, Advanced Polymers in Johannesburg and Kaytech in Durban. When moving into commerce, Damian admits Advanced Polymers took a chance on a young…
DetailsIn any team or organisation, some individuals are consistently more likely to come up with ideas that are both novel and useful. These ideas are the seeds of innovation: the intellectual foundation for any new products and services that enable some organisations to gain a competitive advantage over others. However, organisations are often unable to…
DetailsBy Selina Bieber, Regional Director for Turkey and MENA at GoDaddy EMEA Entrepreneurship and female empowerment are two powerful potential catalysts for economic growth in South Africa. Bring them together in the form of higher rates of female entrepreneurship, and you have the potential to contribute to a significant increase in GDP and jobs over…
DetailsThis latest edition of the car sees BMW building in particular on the sporting tradition of the 3 Series, whose exploits in race competition have earned it so much extra dynamic credibility. The seventh generation of the sports sedan moves the game on once again in its segment in terms of driving dynamics, premium quality…
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