Finweek - English

as I opened my emails before writing this, one (of the many) press releases that awaited my attention was about the “dawn of a cashless future”. I have some deep reservations about this utopia where money is transferred through watches, cards, taps a

– Tshifhiwa Tshivhengwa, CEO of the Tourism Business Council of South Africa, criticised the SA government for not acting swiftly on the UK’s decision to keep SA on its red list for travel. The UK said it kept SA on the red list due to concerns over

Acting Editor Jaco Visser Managing Editor Zerelda Esterhuizen Journalists and Contributors Simon Brown, Johan Fourie, Moxima Gama, Schalk Louw, David McKay, Timothy Rangongo, Johan Steyn, Seleho Tsatsi, Melusi Tshabalala, Glenda Williams Sub-Editor K

imagine that your next job interview is with an artificial intelligence (AI) recruiting platform. It is a virtual meeting and the computer-generated person on your screen looks as life-like as you could imagine. It displays all the emotions and facia

the last time Exxaro Resources publicised a shift in strategy, it provided so little detail that the market heavily punished the firm’s shares. That was in 2018 when CEO Mxolisi Mgojo articulated plans to move into food and water security – a major s

government has been silent about a proposed export levyon chrome ore since hatching the idea in October last year. According to proponents of the levy, making chrome ore more expensive for Chinese ferrochrome producers will benefit the local ferrochr

Caxton& CTP Publishers and Printers’ results forthe yearthrough 30 June, released on 20 September, saw headline earnings per share (HEPS) more than triple to 75.4c. Of that amount, 50c will be paid as a dividend. Caxton has no debt and about R2bn cas

Rand Merchant Investments (RMI) is a listed financial services investment holding company. It owns brands likeOUTsurance in SA, UK personal insurer Hastings and othercompanies globally. In September, RMI announced plans to unbundle its large stakes i

results season for the period ending June has seen the JSE’s stock exchange news service (SENS) flooded with companies reporting lately. So, as is usual this time of the year, I’ve been reading balance sheets, income statements and cash flow statemen

Video streaming is a fascinating business opportunity for investors for two reasons. First, video streaming’s addressable market is huge, suggesting the possibility that those companies which succeed in this sector will enjoy extensive growth. Second

debt is bad and should be avoided at all costs. Never go into debt. Debt is wrong. These are phrases that we have all heard before. However, what if this is incorrect. Wait, maybe not incorrect but taken out of context. What if the correct use of deb

if you watched The Matrix, you know that there is no reality – there is only perception. What we don’t all know, however, is the fact that the language we use shapes our perception of the world as well as our behaviour and actions in reaction to that

money dealers during the Renaissance banking boom of the 16th century in Florence, Italy operated from a table or bench known as a “banca”. Running out of money would soon attract the attention of the authorities, who would seek out irresponsible dea

On a scale of zero to ten: How sexy do your wheels make you feel? Here is the key to your answer: 1–3: I feel super sexy. I get an adrenaline rush everytime I am (seen) in it. 5–7: I feel cool, I can get to where I want to be, and it oozes my indepen

the financial instructions emanating from the ivory towers of the financial industry of “save more” and “put money aside to invest” is, at best, oblivious to the financial reality that many South Africans live with every day. And at worst, ignorant.

the problem with debt, and the reason so many people struggle with debt for a lifetime, is that its impact on one’s financial situation is insidious. It’s not obvious how damaging it is just by looking at any single loan in isolation or the rate of i

While we often focus on the dangers of too much debt, debt is necessary for a healthy modern economy to grow through consumerism. Just mentioning the word “debt” instils fear in many consumers. No one wants to be in a position of owing money, yet rea

although South Africa has Africa’s most developed financial system, the country faces a worsening household debt problem which is affecting the financial wellbeing of many families. While responsible credit access helps households to acquire assets a

Spur released good financial results on 23 September for the year ending 30 June with headline earnings per share (HEPS) 33.1% higher even as revenue dropped 10.5%. While this was year-end results, Spur did not pay a dividend, opting to rather pay an

i have discussed the concept of danger pay on a few previous occasions. Basically, this term was mostly associated with soldiers who were required to work in very dangerous areas. These days it can even include special types of insurance benefits aga

e states and wills are not exactly the most exciting reading – no one wants to be reminded of their imminent death, but unfortunately, it’s necessary. And whether you want to know it or not, most of us require an expert to give us the right advice. F

It’s hyena season This issue’s isiZulu word is impisi. Impisi is a hyena. When you hear a hyena laugh, never think it’s coming in peace – it will be true to its nature, wanting to sink its teeth into your flesh. Yes, I am talking about elections camp

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