VIEWPOINT: YOUR GLOBAL WEALTH

  We’ve been spending some time discussing the power of compounding and how to assess critically whether your investment returns are beating your own personal inflation. But, how do we view our financial wealth and whether it’s increasing in value? Do we look at the growth in value over a specified time period, or do…

VIEWPOINT: LEADING UNDER PRESSURE

SEA few months ago, the Statistician-General released a report showing an increase in people living in extreme poverty. This may seem like a social problem removed from business, but it is closer to business leadership and the decisions taken daily. More and more leaders are exposed to either societal pressure, client or market pressure, social…

ANALYSIS: DISCLOSURE OF DIRECTORS’ REMUNERATION

How should the requirements of the Companies Act regarding disclosure of the value of share-based payments to directors be applied? Some present disclosure practices on the rand-value of the directors’ remuneration arising from share-based incentives are discussed to ascertain how listed companies interpret and apply the requirements of the Companies Act of 2008 Directors’ remuneration…

VIEWPOINT: GIVE INERTIA THE BOOT

Have you noticed that problems are solved and decisions are made differently today, especially by millennials? What’s the first thing that they do – and you probably do too, even if you are definitely pre-millennial? They Google it, of course. Back in my day, pre-Google, we’d probably think about what we’d done before in similar…

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…

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…