Did Steinhoff’s board structure contribute to the scandal?
The global retail group Steinhoff is reeling under allegations of accounting fraud. Since the allegations surfaced last year the CEO of the multi-billion dollar...
Why shaking up South Africa’s power utility matters for the economy
South Africa’s power utility Eskom has seen a remarkable leadership shake up in the past few days. Almost the entire board has been replaced...
The Arlene Mulder business leadership journey
In her matric year, social tech entrepreneur Arlene Mulder attended winter school where she solved a university level maths problem that her teacher said...
‘We need to teach people how to solve problems.’
Arlene Mulder was an RMB investment banker for 7 years, until her free thinking, socially minded, entrepreneurial self surfaced. She then went on to...
No change in repo rate
The repurchase rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago has announced.
“In light of the recent developments and the...
Old Mutual staves off retrenchment, invests in SA
Economic Development Minister Ebrahim Patel says the decision by Old Mutual to hold off on retrenchments and the establishment of a R500 million fund...
What does Ramaphosa’s victory mean for South Africa’s economy?
A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africa’s governing party, the African National Congress (ANC)....
Remote Working: An Opportunity For South African Workers?
In the modern era, more and more people are starting to work from home or remotely. This figure has increased so drastically that it...
Pension Fund R12.5 billion poorer
The government pension fund (GPF) lost about R12,5 billion due to the Steinhoff shares decline.
Steinhoff's market value on the Johannesburg Stock Exchange (JSE) fell...
South Africa should prepare for the worst case scenario: seeking help...
Prudence teaches that societies experiencing difficult and uncertain times should hope for the best but prepare for the worst.
South Africa should take this lesson...
Private Equity in action
RMB Corvest promises private equity in action, not words.
RMB Corvest invests in well managed, well performing medium sized business in South Africa and abroad.
Mike...
‘Clearly communicate your expectations.’
The root of many a business’s problems, unpacked by Kobus Deetlefs, MD of Deetlefs Wine Group.
Since 1992, when he first joined his father in...
