MARGIN comes first – Mario Pretorius Business Tip 4

“MARGIN is oxygen and sustenance – Protect it!” That’s the essence of the latest Mario Pretorius Tip. Margin, he says, absorbs mistakes; generates emergency cash; allows bargaining room. It is the lifeblood without which “bells toll and gravediggers gather” he warns. GK   Protect the margin first. Then boost the turnover. Margin is the buffer … Read more

One changed word in labour legislation can alter SA’s economic destiny

This week’s Rational Alternative column for the Financial Mail focused on a story that seems to have evaded the radar of the popular Press. Yet it has the potential to transform the country’s sickeningly high unemployment. Since the article was written, the Free Market Foundation, which is the plaintiff, issued an update on its challenge … Read more

Turning of the labour law tide: More business leaders, SARB Governor, join FMF call for change

Over the past few weeks we’ve been watched with interest  how the Free Market Foundation has been stepping in where others have feared to tread. First we had a passionate chairman Herman Mashaba explaining why SA’s inflexible labour legislation is having the unintended consequence of boosting unemployment. Then came CEO Leon Louw explaining why the … Read more