South Africa may have its own Big Five in terms of animals; but in terms of the latest world developments and disasters, there exists the Big Five of geopolitical risks, which aren’t good for businesses or economies,
Ferdie Schneider provides a summary of the Medium Term Budget speech and what to expect from Budget 2015 using the MTBS as a foundation for analysis.
It’s been stormy seas the last two days for SA investors. So while us Antipodeans wished for a lower oil price, it doesn’t come without unintended consequences.
There is a low level of trust between South Africa’s business community and most sections of its Government. The Department of Health, however, is an outlier – an area where the public-private partnership has delivered good results, leading to mutual respect. The Department’s Director General Precious Matsoso visited the CNBC Africa Power Lunch studio today … Read more
BEIJING, May 6 (Reuters) – China’s economic growth is likely to slow to 7.4 percent in 2014 from 7.7 percent last year due to the government’s drive to curb credit risk and excessive factory capacity, the OECD said on Tuesday. In November, the Organisation for Economic Co-operation and Development had predicted China’s economic growth could accelerate to 8.2 percent … Read more
Last week PPC chief executive Ketso Gordhan told us he’d cut his salary and bumped up those of the lowest workers at the cement manufacturer to reduce the ratio between top and bottom earners. It’s now at 48:1, down from the 120:1 when he was appointed in January. Gordhan is targeting 40:1. As Biznews.com blogger … Read more
It’s no secret that South Africa has a troubled education system. The country’s learners perform poorly on measures of reading and comprehension, mathematical literacy, and scientific knowledge and reasoning, which reduces their employ-ability and productivity, not to mention preventing them from achieving their full personal potential. But the damage wrought by an under-performing education system extends beyond just hobbling the … Read more