Never will government mention we have one of the largest financial holdings in the world and that black people own over two-thirds of it, as this will not suit the BEE narrative.
Proposed Eskom bailout amounts to a massive 14% haircut and a tacit admission that government has no money left.
Without understanding your financials, you do not understand your business and therefore you are far more likely to fail.
Distress is normally identified when a company is no longer profitable, when it’s not a going concern anymore, when it has major problems.
PREMIUM!
SAA: Why waste time arguing over a dying horse before shooting it in the head?
Pilots at SAA have it real good, it seems. So good that they play a massively disproportionate role in the company’s costs. The only way to end it is to kill off the airline.

Analysis & Profiles Why Mabuza struggled to define the 4th industrial revolution

He is not alone, and it’s not a simple laughing matter.

PREMIUM!
Expect bad news in Mboweni’s mid-term budget, warns expert

Analysis & Profiles Expect bad news in Mboweni’s mid-term budget, warns expert

Meanwhile, the Congress of South African Trade Unions (Cosatu) warned Mboweni against continuing with his ‘anti-worker’ public posture.

Analysis & Profiles SA needs a radical policy shift to save the economy

There is no way an economy that does not manufacture goods massively will be able to create jobs, and land reform is crucial.

Analysis & Profiles When does a breakdown of trust justify employee dismissal?

Employees should get proper advice prior to launching an urgent application against the employer in court.

Analysis & Profiles Why Ramaphosa may have wanted to tie white people to trees

Prolonged low economic growth could lead to even more economic flight by those with skills and capital, regardless of racial grouping.

Analysis & Profiles Taking inspiration from the listing of ‘Africa’s Amazon’

Jumia’s reception in New York raises hopes for investors.

Analysis & Profiles Why won’t South Africa walk the talk on Zimbabwe?

Why does South Africa decline real support for its neighbour as Zimbabwe’s embattled government calls for economic help?

Analysis & Profiles Tax revenue could miss mini-budget forecast by more than R10bn

Corporate and personal income tax collections have slowed since October, and Eskom is a major concern.

Analysis & Profiles Johann Rupert’s 5 steps to business success

Candid insights from one of the wealthiest men in Africa.

Analysis & Profiles What to expect from the markets in 2019

Views from local and international experts.

Analysis & Profiles Ramaphoria not helping economy

The positive change in South Africa’s mood following President Cyril Ramaphosa replacing Jacob Zuma has not yet influenced our economy.

Analysis & Profiles Why ‘mashonisas’ remain such popular informal lenders

A recent report sought to find out why low-income consumers opt to borrow from illegal lenders, rather than accessing formal credit lines.

Analysis & Profiles Zwane’s Mining Charter just another pro-Zuma gambit

This populism on steroids cares little for the actual health of the industry or the country.





 

 


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