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Business News 11.11.2019 07:33 am
Climate change the biggest challenge facing the investment industry
Only those investors who are able to take seriously the value destruction potential of climate change will survive.
Asset managers have a lot to worry about at the moment: from managing money in an environment where low and negative interest rates are distorting asset prices, to disruptive technologies that are changing the ways in which markets and assets can be analysed, accessed and valued.
Business News Investors at conference pledge R363bn in total
President Cyril Ramaphosa said the Township Entrepreneurship Fund he announced earlier in the year was being finalised.
SA ‘running out of road’ on national debt
The country could be slowly sliding to a point of no return as the debt continues to spiral upwards, while economic growth slows down.
State looting not possible if businesses aren’t complicit – Business Leadership SA CEO
Busisiwe Mavuso said she was confused as to why businesses were seen as an ‘untouchable’ force and were not held accountable for state looting.
Business News SA faces another S&P downgrade because of Mboweni’s depressing speech
This follows Moody’s downgrading the outlook for its credit rating of the SA government from stable to negative.
Business News Ford to take its Silverton plant off the grid
Ford will be building a biomass plant on land that has been identified for the first phase of a four-year renewable energy plan on its site in Silverton in Pretoria.
Business News Sasol rejects shareholders’ resolution to disclose greenhouse gas emissions strategy
Six local asset managers filed a joint shareholder resolution asking that Sasol report on how its greenhouse gas emissions strategy aligns with the goals of the Paris Agreement.
Billions pledged for projects creating thousands of jobs
Investors continue to consider South Africa as a country with much to offer and a viable and profitable investment destination, President Cyril Ramaphosa said.
Personal Finance
Fix your finances like it’s an old Jag
Restoring financial wellbeing is much like restoring a car – you’re in it for the long run.
Over 16,000 jobs created following SA’s R1.2trn investment bid
Many of the new investments will be located in various special economic zones, said President Cyril Ramaphosa.
Business News Ramaphosa launches automotive hub, which may provide over 5K jobs
The Tshwane Automotive City project aims to transform the city into an automotive production powerhouse.
Business News Electric vehicle charging stations launched at three airports
Electric vehicles accessing the BMW ChargeNow stations will enjoy exclusive parking bays at three airports.
Personal Finance
Key estate planning factors when moving abroad temporarily or permanently
In our modern, globalised world, many people are moving abroad, whether just temporarily or permanently emigrating.
No more games, Ramaphosa, it’s time for real action – economists
Sweet-talking Ramaphosa can’t escape blame for the battling economy and low growth, as experts warn him to take concrete action.
My Small Business Small businesses a gateway to bigger companies for hackers
Their relationship with larger companies means their more vulnerable IT systems can provide a gateway for cybercriminals.
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