The world is changing fast and to keep up you need local knowledge with global context.
The value of the UK pensions of thousands of returning South Africans and British expats moving to, or living in, South Africa could be threatened on numerous fronts, but need not be.
According to experts, a Venture Capital (VC) culture is gaining traction in South Africa. This is good news for dynamic entrepreneurial entities, as it provides opportunities for them to not only secure investment but also to create much needed jobs and thereby contribute significantly towards improving our economy.
Pentravel has enjoyed growth of 734 percent over the past five years, up from a R2.7 million loss in 2009 to a R20 million profit (PBIT) in 2014.
Bounty Brands, the fast-moving consumer goods subsidiary launched by investment house Coast2Coast in February last year, has acquired a further two new businesses with combined revenues of R440 million, bringing Bounty’s total revenues to over R1 billion.
What seems like impressive growth in one part of the world may pale when compared to another, or when compared to the value of another currency. Over time, outcomes can look very different when you compare key factors such as inflation and exchange rates on currency volatility.