Money Matters

Money: how can you stretch the little you have? What can you do to earn more? Where should you be putting the little savings you have to make the most of them? It's a financial jungle out there. Let us help you find your way.

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Business incubators: what are they and how can they help?

Many graduates associate entrepreneurship with images of a new, tech-based idea, thinking Bill Gates, international video-conferencing and loads of cash. This paints a very sexy picture. But while the excitement around “tech start-ups” is understandable, let us not forget the multitude of other entrepreneurial opportunities that exist, right here[...]

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Markets: Looking bleak

Icy winds are again sweeping through global equity markets. Rising fear about the strength of the economic recovery has prompted investors worldwide to flee equities and plough funds into government bonds — and shares are sliding.

Most global stock markets have fallen sharply from their April highs, when jitters[...]

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Boosting our actions in the new decade

The South American Business Forum (SABF) took place recently in Buenos Aires, Argentina from August 6 -8 2010, and local student Tascha Terblanche was lucky enough to attend the event. She tells us about the programme.

The forum, which in its sixth year, has created a platform for students[...]

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BEE: A power keg

The controversies surrounding the Sishen and Lonrho mineral rights have raised old questions about black economic empowerment (BEE), including the undeserved enrichment of elite individuals. But now, under the Jacob Zuma regime, there is growing concern about cronyism, patronage, and the role of government officials.

This time the appearance[...]

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SA Ports: Pay up and wait

State-owned enterprises must be “efficient engines of economic growth and development”, public enterprises minister Barbara Hogan told parliament in April. Great political rhetoric, but the reality is that ports operated by Transnet are a high-cost, inefficient drag on SA’s competitiveness.

“It is what you would expect of a monopoly,”[...]

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Tobin tax: Clutching at the straws

Many have been shaken by the news last week that the ANC is debating the possibility of introducing a Tobin tax — a tax on capital inflows. The rand, which hit a recent high of R7, 20/US$, immediately weakened in response.

Some analysts argue that the fact that radical[...]

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Economic policy: No clear direction

The ANC’s discussion paper on economic transformation, recently published to inform its policy review in September, does little to clarify where SA might be heading on economic policy.

Instead, the paper adds to the cacophony of competing voices: as well as the ANC’s paper, a document on “a new[...]

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Banks: Who is next?

On Monday, while Nedbank CEO Mike Brown was presenting disappointing first-half results in Sandton, HSBC Group CEO Michael Geoghegan was boasting an impressive set of numbers in London. Not far away, Standard Chartered CEO Peter Sands was preparing to deliver a strong first-half performance (revenue at a “double-digit” rate)[...]

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Sasi campaign to improve financial literacy

Last week the SA Savings Institute (Sasi) kicked off its annual financial literacy campaign to help students manage their personal finances better.

The organisation’s effort piggy-backed on national savings month, a month-long corporate-driven initiative to increase awareness of the need to save across all sectors of society. Old[...]

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Tobacco industry: Smoke gets in youir eyes

The World Health Organisation’s plan to ban ingredients used in making blended cigarettes has been greeted by howls of outrage from the tobacco industry.

The International Tobacco Growers’ Association (ITGA) says regulations proposed by the WHO’s Framework Convention on Tobacco Control will cost the jobs of millions of people[...]

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