The financial costs and benefits of solar power
The shift towards renewable energy in South Africa has seen a significant rise in the adoption of solar power. While the benefits of solar energy, such as sustainability and long-term cost savings, are well-known, it’s important to also consider the hidden costs and challenges associated with solar power systems. This balanced analysis aims to provide […]
The financial costs and benefits of solar power
The shift towards renewable energy in South Africa has seen a significant rise in the adoption of solar power. While the benefits of solar energy, such as sustainability and long-term cost savings, are well-known, it’s important to also consider the hidden costs and challenges associated with solar power systems. This balanced analysis aims to provide […]
Do actions speak louder than words in the business world?
It’s one thing to claim your company is customer-orientated, but talk can be cheap regarding what matters most to your business. The businesses that serve their customers effectively don’t proclaim it on bold billboards; they prove it through offering efficient advice, paying consistent attention to detail, and delivering long-term quality results. These tangible actions create […]
Networking online
How to make professional connections remotely-and why it matters. On paper, networking is a relatively simple task. Mingle with like-minded professionals while sipping wine and you greatly increase your chances of landing a coveted role, or building your dream career. Pre-COVID, gearing up for a networking event, you would probably have walked into a venue, […]
Finding someone to step into your shoes: Succession planning for your business
The Eskom crisis demonstrates again the importance of proper succession planning—IoDSA The current crisis at Eskom has a number of governance lessons for South Africa—one of which is the vital importance of proper succession planning for key senior positions. The imminent departure of both the chief executive (CEO) and chief operating officers (COO) of Eskom […]
Investment insights: Maximising interest returns
Navigating the trade-off between liquidity and return. Investors with a more short-term or undefined investment horizon often leave their money in a bank deposit of some sort. Interest rates have been rising during 2022, making bank investments more attractive than they were in the past 12 to 24 months. The key challenge for these investors […]
Hedge funds: Protecting retirement fund returns
Although seen largely as risky and speculative, hedge funds act as an ‘insurance policy’ if used appropriately In July 2022, National Treasury published new regulations pertaining to the maximum allocation retirement funds can make to certain asset classes, including hedge funds. Following the amendments to Regulation 28 of the Pension Funds Act in July 2022, […]
Top 10 causes of insurance claims
A fire at a busy warehouse leaves a company struggling to replace its buffer stock; a ransomware attack paralyses a company’s IT systems; the use of industrial adhesives in manufacturing results in a costly product recall. Every day, companies around the globe (together with their insurers) experience losses, in multiple forms, in the millions of […]
10 tips for excellent cash flow management
Are you sitting down? Let us share a frightening statistic with you. In a report published by FinFind in November 2020, it was found that 42.7% of small businesses in South Africa were forced to shut down during the first 5 full months of the lockdown. The research data was comprised in a survey of […]
Is your business covered for loss of income?
It’s all well and good being paid out for your assets, but what about the foregone earnings in the meantime? Small business owners who have a short-term commercial insurance policy are often not aware that they may not be covered for the loss of income, under a standard commercial policy. Although a standard short-term insurance […]