AFRICA could save $5BN a year in transaction costs with the Pan-African Payment & Settlement System
AFRICA could save $5BN a year in transaction costs with the Pan-African Payment & Settlement System PAPSS CEO Mike Ogbalu is in the C-SUITE. The Pan-African Payment System is set to play an increasingly significant role in accelerating the continent’s transactions which underpin the operationalisation of the African Continental Free Trade Area. PAPSS, developed by African Export-Import Bank (Afreximbank), is expected to boost intra-African trade by transforming and facilitating payment, clearing and settlement for cross-border trade across Africa. Prof. Benedict Oramah, President and...
Has Mark Barnes lost his mind?
Bronwyn Nielsen Mark Barnes Why do you want to make your life so difficult? What on earth? Are you doing, looking to buy the South African post office? Have you completely lost your mind? Mark Barnes Thank you very probably. But, you know, I think it's become increasingly valid, what we were trying to do, which is to make the post office the accessible point of intersection between the informal and formal economies and, you know, COVID and various other things and the...
Investment Expert Mia Kruger of Kruger International is in the house.
Investment Expert Mia Kruger of Kruger International is in the house. Bronwyn Nielsen (Question) This is the second week of February 2022. It is racing me, I don't know, if you feel that in terms of where we are today, it looks as though this year is going to be a very, very quick one. But we're still in a phase where we can get your thoughts on the themes on what you're looking at on changes in your investment trajectory. So...
SA’s favourite fund manager David Shapiro is in the house
SA's favourite fund manager David Shapiro is in the house David Shapiro recently celebrated his 50th anniversary on the JSE so you can definitely trust his experience. The current market volatility and the much talked about switch from growth into value doesn't phase him putting it all down to market noise. David's analysis of inflation doesn't leave him worried either and he is certainly not factoring in 7 rate hikes from the US federal Reserve. International over local with Big Tech...
The HOT Debate – Calling for Accountability in South Africa
The HOT Debate - Calling for Accountability in South Africa The Zondo Commission's probe into State Capture in South Africa cost almost R1bn. What are the next steps? When will we see the guilty individuals Orange overalls? Bonang Mohale, President of Business Unity South Africa, and Tim Cohen, Editor of the Business Maverick, join EOH executives Megan Pydigadu and Fatima Newman to probe the culture of accountability or lack thereof in South Africa. Right now it appears as though crime pays....
Discovery Bank Boss Hylton Kallner is in the C-SUITE
Discovery Bank Boss Hylton Kallner is in the C-SUITE Hylton Kallner the CEO of Discovery Bank sits down with Bronwyn Nielsen to give insight into the Bank's performance to the end of November 2021. The performance of Discovery Bank has been pleasing, with performance in line with the business plan, supported by progress in all key metrics. Watch more episodes of the C-SUITE here. About The Nielsen Network: The Nielsen Network has a wealth of experience in communication and dealing with the media. Headed by Bronwyn...
All the local and global economics you need to know to hold your own around the dinner table.
All the local and global economics you need to know to hold your own around the dinner table. Top economist Kevin Lings takes us through all the economic talking points both local and global. SA shocking unemployment data for Q3 and the rise in covid infections, which will undermine confidence and economic activity. SA inflationary pressure intensifies with another large petrol price hike, creating difficulty for Reserve Bank given the likely impact of covid. US Federal Reserve is walking back on their insistence that...
The Business of Money Friday 3rd Dec 2021 | Aspen Pharmacare
JSE Limited listed Aspen Pharmacare has concluded an agreement with Johnson and Johnson which will enable the pharmaceutical giant to manufacture and sell an Aspen-branded COVID-19 vaccine throughout Africa. The agreement would expand the existing technical transfer and manufacturing agreements between the parties to grant Aspen SA the rights to: Manufacture finished SARS-CoV-2 COVID-19 vaccine product from COVID-19 drug substance supplied by Johnson & Johnson; and Sell the finished form vaccine, to be launched and branded as Aspenovax, to public sector...