Author Archives: GIBS Blog

SMEs and credit scores: What to know about maintaining your business’s creditworthiness (IOL)

While you might be well aware of the importance of maintaining a healthy relationship with creditors in your personal capacity, it’s important to know that a small business’s credit score can be just as much of a ‘make or break’ factor when it comes to maintaining its financial viability in the long run. What is […]
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Agribusinesses slightly downbeat about SA business conditions (IOL)

The survey was conducted in the final two weeks of November, covering businesses operating in all agricultural subsectors across South Africa. The Agbiz/IDC Agribusiness Confidence Index (ACI) fell by 4 points in the fourth quarter of this year to 49 points after remaining in optimistic territory for nearly three years. Agricultural Business Chamber (Agbiz) chief […]
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SA stocks wipe out 2022 losses after China boost (News24)

Better news from China on Tuesday gave South African stocks the boost they needed to erase their losses for 2022. The main index climbed as much as 1.1% as Chinese markets rebounded, briefly wiping out this year’s declines, with sentiment soothed by an easing in the protests over Covid restrictions that had unnerved global investors. The gains […]
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New GIBS article: The influence of self-awareness on effective leadership outcomes in South Africa By Sharon Fonseca, Hugh Myres and Karl Hofmeyr

Abstract Purpose: Leadership research demands an understanding of what constitutes effective leadership. Self-awareness is described as critical for effective leadership, yet there is little research dealing with the link between a lack of self-awareness in leaders and destructive leadership. The prevalence of destructive leadership is surprisingly common and bears a high cost to organisations in […]
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‘Time to throw the rules away’ — experts agree SA must modernise business models, infrastructure to revive economy (DM)

Throw out the script and start fresh. That seemed to be the consensus from the Daily Maverick panel discussing challenges around the business environment and the economy at The Gathering in Cape Town on Thursday morning.  Mark Barnes, former chief executive of the South African Post Office and founder of the Purple Group, suggested moving away from […]
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Old Mutual launching new bank in South Africa in 2024 (BT)

Financial services group Old Mutual says that it has received approval from the South African Reserve Bank’s Prudential Authority to apply for a banking licence, with plans to launch its own bank in 2024. In a voluntary business update on Tuesday (22 November), the group said that it had received Section 13 approval from the […]
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Serving rising entrepreneurs and companies with private equity (Forbes)

Private equity (PE) may be the best option for most businesses today as banks become more regulated and scrutinized. PE checks almost every box in the entrepreneurs’ list; low-interest rates, diversification and risk mitigation, and a friendly political climate. In addition, private equity adds working capital to businesses and allows more freedom of growth, a […]
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These companies are crippling South Africa, more than rate hikes: CEO (BT)

Investec CEO Fani Titi said that poor management, corruption, and the overall failures of Eskom and Transnet would keep South Africa in crisis unless the government makes some difficult decisions, reported the Sunday Times. According to Titi, businesses are being impacted more by the challenges around state-owned entities than by increases in interest rates. South Africa’s economy […]
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The biggest threats to business in South Africa right now(BT)

Top CEOs say supply chain constraints, emerging technologies and regulatory risks pose the greatest threats to organisational growth in South Africa. This is according to new data from the African division of financial services firm KPMG and Business Leadership South Africa (BLSA). The CEO Outlook Report for South Africa surveyed 50 top CEOs from various […]
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New GIBS article: Determinants of financial worry By Frank  Magwegwe, Maurice  MacDonald, Hanna Lim, and Stuart Heckman

Abstract Grounded in the transactional stress-coping theory and the Tallis and Eysenck (1994) model of nonpathological worry, the present study sought to advance the conceptual and empirical understanding of financial worry (FW). We positioned objective financial stressors (OFS), subjective financial stressors (SFS), and coping resources as key variables in understanding the determinants of financial worry […]
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