Remove yourself from white collar crime hit list – advice from experts

Violent criminal acts attract most attention, but in financial terms white collar crime is a lot bigger. And one of its fastest growing segments is Identity Theft where syndicates in South Africa use publicly distributed information to rake in over R1bn a year. Carol McLoughlin of the SA Fraud Prevention Service says reported cases of … Read more

David Lewis to Zuma: Fire your imbongi for lies about Thuli Madonsela

An imbongi is the African version of the medieval court jester. Except that instead of occasionally poking fun, this clown dances and shouts praises about his employer, usually when the boss enters a gathering. The human equivalent of those accursed blue light convoys infecting South African cities. But sometimes imbongis can go to far. As did the Deputy Minister … Read more

Leapfrog: 40% a year profit betting on an African financial services dream

Enjoyed the company of two really smart cookies during CNBC Africa Power Lunch today. Gary Herbert is the co-founder of Investment Solutions, a financial services pioneer that’s now a key profit contributor at Alexander Forbes. His colleague Dominic Liber is an actuary, one of a dozen that work at Leapfrog, the $535m private equity fund … Read more

What crisis? Rob Davies shrugs off SA corporate flight, says foreigners investing

Trade and Industry Minister Rob Davies is charged with growing the industrial base of South Africa. I have been keen to catch up with him, specifically to hear his plan to combat the growing number of SA corporates who are taking their investments away from home. His response in today’s interview was illuminating. Davies said … Read more

Patrice Rassou: FNB has taken the South African market by storm

It’s unlikely that you will find a South African in the country who has access to the radio who doesn’t know ‘Steve from bleep bank’. Between FNB’s overwhelming marketing campaign, its definitive move to customer-centric banking and its branding facelift, one has to wonder what the costs have been, and if the juice has been … Read more

Ascendis CEO: Supporting correlation between fitness and profits

Self-serving talk about all those deals being done on the course is just plain nonsense. With few exceptions I’ve found an inverse correlation between successful business leaders and their golf handicaps. A better case might be made for a positive correlation with the leader’s general level of fitness. Ascendis CEO: Supporting correlation between fitness and profits  … Read more

iSheep have been for the iPhone 6, but no need to chuck the older model

Liron Segev is an avowed anti-Apple techie, calling devotees to Steve Jobs’ brand iSheep and accusing us of drinking the Kool-Aid that tells us to “buy more, buy new”. So he wasn’t surprised at the overnight queues and excessive demand for the new iPhone 6 and Apple’s computer watch. But once the hype dies down, … Read more

Anglogold split could deliver another Sibanye

For every pessimist there is an optimist it seems. While David Shapiro is critical of the motives behind Anglogold Ashanti’s decision to sterilize its South African assets into a focused listing, top mining analyst Peter Major believes it offers an opportunity. He reckons investors are to be offered another Sibanye. After a slide soon after … Read more

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