Went to a post-Davos breakfast at Discovery’s Head Office yesterday. Love engaging with Adrian Gore, one of my favourite CEOs, so jumped at the invitation despite being very much in “gardening leave” space. Over the years my respect for Adrian’s entrepreneurial vision has grown – and any opportunity to hear him talk about his passion for creative disruption is grabbed. Outside of that, he’s a tonic on a broader stage, too. Apart from the sharp, disciplined mind, Adrian’s enthusiasm about South Africa is infectious.
Undictated
Alec Hogg’s regular column covering investment, economics, moneycraft and, occasionally, something very personal.
Cyril’s CNN interview
The unabridged interview with Cyril Ramaphosa by CNN’s top journalist
CNN’s Christiane Amanpour didn’t shine when she took on South African politics’ enfant terrible Julius Malema. Back fishing in the same waters, she did rather better in this interview with the re-politicised Cyril Ramaphosa, now ANC Deputy President (and SA’s President-in-waiting five years hence). Here’s the video that was flighted on TV – and another with parts that didn’t make the global audience. Transcript under the video.
Farewell Flip Meyer
In October 2009, we buried my dear friend Flip Meyer (pictured with glasses). He was one life’s great characters, a widely respected and admired financial journalist and a man with a huge, generous heart that touched everyone he met. His wife Koekie honoured me by asking me to give a eulogy at Flip’s funeral. I return to it from time to time as a reminder of mankind’s mortality, that we are all heading for the same destination so it is best to live every day like it’s your last – and of lessons Flip taught me in both life and death.
An inspirational Ted Talk: Clayton Christensen – Measuring your life
By Alec Hogg I first came across Harvard Prof Clay Christensen more than a decade back when a friend pointed me towards his groundbreaking book “The Innovator’s Dilemma”. He went quiet because of a fight against cancer, but rebounded last year when voted top of the annual Thinkers50.com list which rates the world’s best business … Read more
Afro-optimism growing?
Looking ahead to Davos 2013 and an update on Klaus Schwab’s pragmatic Afro-Optimism
Next month, I’ll be attending my tenth World Economic Forum meeting in Davos. It’s a significant investment, especially as the restraint precludes me from writing or broadcasting about the event. But the gathering is like a university And I can’t wait to hear whether optimism about Africa is growing.
Neil Gaiman: It’s simple really – for a successful life, just “Make Good Art”
A friend who visited this morning left a wonderful gift. One that needs to be passed on. It’s the video (and transcript) in the class of the Steve Jobs Stanford Address. Writer Neil Gaiman’s May 2012 speech to the graduating class at the University of the Arts in Philadelphia. Invest 20 minutes and you won’t … Read more
The Times editor goes
Editor of The Times resigns after realising Newscorp’s boss Murdoch wants him out
During economic upswings, in the business sector the innovators and builders are desired most. But when conditions turn, capital – accountants, managers – takes a tight hold. James Harding, 43, editor of one of the world’s great newspapers become the latest casualty of these times. He is expected to be replaced by an SA-born Newscorp colleague. Here’s the text of Harding’s resignation.
Bravo free market
World class service alive and well here in SA
I had one of the most pleasant service experiences in a long time this morning when re-engaging my internet connection. A young business I’d never heard of before took my breath away. It’s worth sharing.
Bloem SME redux
Digging deeper into Rob Smorfitt’s blog about racist SME conference in Bloem
On Wednesday, I published a blog by Dr Rob Smorfitt where he took a swing at the incompetent organisers of an event he drove hundreds of kilometres to attend. Nhlanhla Damoyi (pictured) suggested on my Facebook page that the blog left him with more questions than answers. So he posed them. Here they are – with Rob Smorfitt’s response.
Short iron ore, coal
Deciphering BHP CEO: Short Kumba, Exxarro, ARM as iron ore prices “mean revert”
BHPBilliton CEO Marius Kloppers had bad news for some base metal prices at his AGM this morning. He reckons the China-driven boom for iron ore and coal prices is over. After the inflation of the past decade, prices are reverting to a lower mean. I have cut away the verbiage to help make his message easier to understand. It’s clear: get out of shares like Kumba, Exxarro, ARM and even steel-maker Mittal.