Value investing: the Buffett Way – a guide for newbies and Omaha pilgrims alike

One of the reasons so many people hang on Warren Buffett’s every word is that his no-nonsense, keep-things-simple approach to investing has proved consistently successful over decades. Regardless of market conditions and technological change, the Sage of Omaha has managed to produce returns that the world’s highest paid asset managers envy.  Taking a leaf out … Read more

Capitec’s results unpacked: drop the hype, check the numbers – and be afraid

Capitec has been the JSE’s go-go stock of the past few years. Feeding off a structure which hugely inflated returns on its core business of high priced unsecured loans, the micro-lender has mushroomed into a sizeable banking operation. But the Marikana tragedy last August brought long overdue focus onto practices in unsecured lending. And with … Read more

We all need treatment for ‘denial’ and ‘retirement savings insanity’, not least retirement industry itself

Without a major shake-up in the retirement savings industry, most of us – including big salary earners – face serious financial hardship. That’s the hard-hitting message from a man who has specialised in developing income-producing investments. Simon Pearse, CEO of Marriott, the Income Specialists, sets out the harsh realities faced by most South Africans who are … Read more

SA’s Labour Relations lies in tatters. The timebomb is ticking.

Rael Solomon eats, sleeps and drinks labour relations. Has done so for decades. A qualified engineer, he long ago switched to make his living as a labour consultant. As one who sees things from the coalface, it’s not surprising that Solomon has strong views about the way the current chaos and threatened explosion. AMCU, he … Read more

Labour law - unintended consequences

The unintended consequences of labour laws for the poor

This thought-provoking contribution came via e-mail from a BizNewz reader. It’s a very interesting piece, and a quick read to boot. Basically, this reader – a retired gent in his mid-sixties – considers the unintended consequences of measures intended to improve employment conditions. In particular, he thinks about the effect that minimum wages, unions, and central … Read more

The Financial Crisis in Retrospect: What Have We Learned?

After the horrors of the financial crisis of 2007/8, it’s natural to look around at the state of the world – crises in Europe and America, bank collapses, unemployment, stagnation, and struggles – and ask ourselves if we’ve learned anything, in particular, anything that will help us prevent this all from happening again. According to … Read more

Why African Entrepreneurs Outperform Their Peers When the Playing Field Is Leveled

One of the common laments you hear about the economies of Africa is that they are insufficiently entrepreneurial. Although the streets of any given African capital are usually abuzz with hawkers,the overall impression we have of the continent is that it is an entrepreneurial vacuum. Some lay the blame at the feet of African nations’ governments, … Read more

Tips on how to reinvent your business, from SA’s ‘dealer in hope and optimism’

It’s easy to be worried about your business’s long-term sustainability when you look at the speed at which technology is putting companies and industries into intensive care. Don’t accept what looks like the inevitable, though, because often the biggest business ideas are to be found in the most challenging times – right under our noses. … Read more