The world is changing fast and to keep up you need local knowledge with global context.
South Africa has a slower, but equally insidious, government policy that is pushing it backwards in time: Black Economic Empowerment.
Investors in the buy-to-let flat market are finding it harder to keep their properties occupied. That was according to a leading property expert.
A lot has been written about how surprising Andre de Ruyter is as the choice of Chief Executive Officer of Eskom.
Maboneng was the fruit of Liebmann’s labour. It attracted investors, trendy galleries and artisanal shops and, in a nutshell, became a shining example of how property development can combat urban decay.
South Africa will struggle to meet revenue estimates this year, even as the new head of SARS sets about repairing the “deep damage” that took place under his predecessor’s watch.
Here’s a scary assessment of the financials of a company that was once a stock market darling and desirable blue-chip investment – Woolworths.
The legislation around Black Economic Empowerment (BEE) is considered in some quarters to be the the real cancer that has eaten into the South African economy.
Ryk de Klerk puts the MTN Zakhele Futhi JSE debut under his microscope, concluding that uninformed investors were taken to the cleaners in an opaque arrangement.
‘If you look at BEE in totality in South Africa, unfortunately, it hasn’t worked because it should be there to help all South Africans and unfortunately it has only helped a couple of people.’
The surprise announcement of Andre de Ruyter as the new CEO of Eskom was soon followed by Eskom’s dismal half-year report.