Yes, with a target of 25% the amended B-BBEE codes of good practice without a doubt place significant emphasis on black equity ownership. Many have found this move by the DTI strange and are rightly wondering what happened to ‘broad-based’ black economic empowerment. The generic amended codes require that a business spend 40% of its…
DetailsPerfect your CV With an unemployment rate of around 25% in South Africa – and possibly more, depending on how you calculate it – competition for every job opening is fierce. The first step towards securing your dream job is putting together a professional curriculum vitae. But many great candidates fail at this first hurdle…
DetailsA catalyst for change They say that there are two ways to change the world – with the pen (the use of ideas) and the sword (the use of power). Quite understandably, it has been proven that using ideas to foster change is more effective than using the sword. While change is not as simple…
DetailsTwo German competitors have recently launched their new versions of their best-seller sedans, and we take a look at how they stack up. EXTERIOR On the looks side, Jetta has kept similar lines and one has to look carefully to make out the difference from the older model. The only differentiation factor is the LED…
Details‘I’ll have a baby when I can afford it.’ How many times haven’t we heard this line or said it ourselves? The problem with this statement is that you’ll never be able to afford it. A sobering thought. We have children even though we can’t afford them. Yet we make it work. All are fed,…
DetailsTwelve ambitious women CAs(SA) tell us how they manage their demanding careers and still find the time to be successful sportswomen. Lynn Grala interviewed them. Change starts with small beginnings. These twelve sporty women show us that real change requires more than just good intentions. What is needed is one serious decision followed by a…
DetailsFastest-growing African country for millionaires Mozambique is expected to be the fastest-growing African market for individuals with a net worth of US$1 million or more over the next ten years, followed by Ivory Coast and Zambia, according to the Africa 2015 Wealth Report. South Africa is home to the most people in Africa worth US$1…
DetailsDiscovery CEO Adrian Gore recently pointed our management team towards a recent article by John Kay, visiting professor at the London School of Economics, in the Financial Times (‘Why our planes are growing safer and our finances are not’, 1 April 2015), who makes a point well worth exploring. Flying is a very low-risk means…
DetailsThe recent release of the ‘carbon offsets paper’ by National Treasury raises the question of whether carbon offsets are in need of a feasibility reassessment, for the planet and the bottom line. Do they bring profit? By Gary Swartzand Zani Labuschagne South Africa is one of the world’s top 15 greenhouse gas (GHG) emitters. In…
DetailsThe objective of business forecasting should be to become ‘future ready’. Companies can do this by systematically and rationally assembling information that gives managers forward visibility regarding likely outcomes as well as risks so that they can execute strategy. Greg Bogiages explains Achieving robust performance over the long term requires businesses to develop healthy forecasting…
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