Illicit trade and South Africa’s vehicle sector


POSTED ON: January 22, 2020 IN by Admin

Cheap as they may be to a South African consumer that has been struggling under the weight of an under-performing economy for the better part of five years, the illegal import of vehicles from places as far as Japan, China and Singapore will prove more expensive in the end to the country through the loss of millions in revenue.

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Labour, the missing player in South Africa’s turnaround


POSTED ON: December 10, 2019 IN , , by Admin

As difficult a path that business rescue is, and as wary as we are of the unintended consequences, the shareholder’s stance in the SAA matter has put to paid one thing: companies are not too big to fail. Eskom, of course is a special case. This should however not incentivise unions to prolong their rigid approach; rather, they should try and be part of the solution.

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Government needs to pull out all the stops to escape low-growth trap


POSTED ON: December 5, 2019 IN by Admin

As much as the government under President Cyril Ramaphosa focuses on drawing investment into the country, it is in matters such as freeing up the private sector, and in particular SMMEs, where we’ll find shorter, quicker pathways to a better growth outlook for the economy.

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Ethics Barometer will enable private sector to serve society by putting ethics first


POSTED ON: December 2, 2019 IN , by Admin

There’s much introspection that we as business need to do, particularly to gauge just where we need to improve our relations with all our stakeholders. This is a conversation that isn’t reserved just for South Africa because of any uniqueness in our history, but one that can increasingly take shape across the globe. While the Ethics Barometer has been acclimatised to our local conditions, the Harvard-developed tool is relevant internationally.

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Decisiveness called for with our day of economic reckoning just around the corner


POSTED ON: IN , , by Admin

Call them friendly to the South African story, or more considerate of the structural fault-lines in our economy, for whatever their reasoning, they’ve resisted following the path of their peers. But come next February, it seems we may have run out of rope if promises of the new political dispensation at the helm of the governing party, ANC, aren’t translated into hard decisions.

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Selling SA in a challenging global investment climate


POSTED ON: November 13, 2019 IN by Admin

Broader macro constraints need to be tackled, such as the implementation of measures that will ensure energy security, stabilising the debt pile and consolidating the fiscus. Unless these are addressed, many participants may continue viewing events like the investment conference simply as mere talk shops.

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Reserve Bank nationalisation: a political debate that won’t die


POSTED ON: October 18, 2019 IN , , by Admin

The loss of unambiguous independence of the bank in its oversight of financial stability would potentially put South Africa at odds with international obligations and risk its continued access to the global financial system. SA is highly dependent on foreign capital inflows to finance its budget and current account deficits.

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Business can’t ignore pleas of women who fear to walk down the street or office corridors


POSTED ON: September 22, 2019 IN , by Admin

Social cohesion improves economic growth by stopping physical and human capital destruction and creating social capital, cooperation and trust in society.

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