“Send me”. What will it take for the private sector to truly step up to Ramaphosa’s challenge for public private partnerships?
Over the last few weeks, President Cyril Ramaphosa said repeatedly that the private sector is invited to enter into meaningful partnerships with government in establishing an Infrastructure Fund. Ramaphosa said infrastructure expansion and maintenance had the potential to create jobs on a large scale, attract investment and lay the foundation for sustainable economic expansion. “With a view to unlocking [...]
The debate on black ownership in South Africa has intensified this year, driven by the issue of land reform and the recent gazetting of the Mining Charter which places strict requirements on local procurement.The Broad-Based Black Economic Empowerment (B- BBEE) Strategy is now in its fifteenth year of existence, with the first B-BBEE codes having been published over a decade [...]
Published courtesy of M&A Africa “Investors are opting to sit on cash as they increasingly face a shortage of good assets to acquire in South Africa,” said Rob Bergman, a principal in corporate finance at Bravura. Political uncertainty and distrust between the public and private sectors are major issues, which are prompting more investors to either not commit to [...]
David Jones continues to present problems for Woolworths; this time much closer to home. On Wednesday, the company announced that it would be rebranding the David Jones clothing label under its own Classic Collection brand. This is yet another setback that presents itself in what has been a series of unfortunate events for the company since its expansion into Australian [...]
Mauritius continues its upward trajectory as the most desirable business destination in Africa, having been ranked as the 20th top business jurisdiction for 2019 out of 190 countries, according to the World Bank. This is five positions up from last year’s ranking, and more than 50 rankings above South Africa. Quick to leverage the country’s coveted role as the gateway [...]
Hot on the heels of President Ramaphosa telling the European Parliament yesterday that South African land reforms will be enacted in adherence to the country’s Constitution, the joint constitutional review committee has formally recommended today that section 25 of the Constitution be amended to allow for expropriation of land without compensation. This comes in the face of strong objections [...]