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…

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…

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…

REGULARS: HEALTH

Psychological distress in working South Africa Mental health is a challenge that some 30% of people struggle with at some stage in their lives. The personal, family, business, and social costs are significant. Stigma, access to care, rates of trauma, and other challenges remain. Employers can do much to help and will help themselves in…

MOTORING: MERCEDES GLC COUPÉ

In the past few years, Mercedes-Benz have been losing out on a section of the SUV market. That has all changed with the launch of the GLC: a midsized SUV that competes with vehicles like the BMW X3, Audi Q5 and Volvo XC60. But Mercedes did not stop there – they also went ahead and…

FOCUS: TOP 35: THOUGHT LEADERSHIP

Accelerate Job Creation Sustainable socio-economic solutions for SMMEs in South Africa The ethical time is now! Why NPOs need chartered accountants Become a change agent in the public sector Ethical courage Growing SMEs into globally competitive businesses   Accelerate Job Creation If you are a young person between the ages of 15 and 24 in…

REGULARS: BUSINESS ADVENTURES

The importance of high endeavour Given today’s rapidly changing world and the unpredictable nature of many industries, companies are having to rely more and more on financial and operational data to inform strategic decisions. Finding a financial reporting solution that meets the business needs of today – and responds to the still-developing requirements of tomorrow…

REGULARS: INTERNATIONAL PROFILE

The world is your oyster Patricia Scott (née Galbraith) has been living in New Zealand with her Kiwi husband for four years and thoroughly enjoys the laid-back Kiwi lifestyle, except perhaps when the traffic lights take forever to turn green. Patricia is currently lecturer and tutor for first-year accounting students, doing her part to ignite…

LIFESTYLE: THE COST OF THE COUCH

Unhealthy lifestyles are clearly linked to serious long-term health problems as well as significant short-term wellness impairment. The answer is behaviour change, but this is not happening In the South African financial services sector, some 55% of people are overweight, 60% do not exercise, 20% smoke, and 20% report serious stress problems … the list…