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This week, the world reels from the sudden and unexpected loss of singer David Bowie to an 18-month battle with cancer. He kept his illness a secret, releasing his final album and then celebrating his 69th birthday just a few days before he died. All over the globe, fans are...
Picture this: You’re driving along the road on the way to an important meeting. All of a sudden you hear your engine sputtering. Your car lurches forward and then grinds to a halt. You’re stuck on the side of a busy road and you really need to get to that...
As I write this blog I am stretched out on a balcony overlooking a beautiful stretch of beach in Kwazulu Natal. It’s been a long year, and I’m looking forward to the opportunity to finally stretch out, relax, and enjoy the festive season. Most of us feel the same: the...
Last week’s news that the economy grew a mere 0.7% over the quarter (undershooting most predictions of 1%) was unwelcome for many business owners in South Africa. Although this was an improvement on the previous quarter, when output decreased by 1.3%, the overall growth trajectory is underwhelming. The South African economy...
Climbing Mount Everest was once an undertaking reserved only for professional climbers in peak condition. Over the decades, though, this has changed. Climbing has become increasingly commercialised, and with that the chance to make it up the world’s highest peak has become a possibility for amateurs. Since the early nineties,...
Take a walk down memory lane and think back to this time several years ago, when you were writing your last matric exam. It was a thrilling feeling: first, the relief of being finished, and then the excitement of what lay ahead. You may have started at university shortly thereafter...
A healthy business outlays and receives just as in any relationship. At some points your business is in debt and at other points it’s delivering on promised orders and awaiting credit. The challenge for your business’s credit management is to ensure that you’re outlaying enough to keep transactions flowing, but...
A recent crackdown by Nigerian authorities on South African companies has brought the matter of financial management into the spotlight. Last month, mobile provider MTN was fined an unprecedented $5.2-billion by Nigerian regulators for failing to register users. A week later, the Financial Reporting Council of Nigeria (FRCN) suspended the...
A little while ago, a Johannesburg-based friend considered investing in a water storage unit. His desire was to install a tank in his garden to catch rain and thereby always have an emergency water supply. After looking at all his financial commitments for the month, he decided to hold off...
