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Archive for October 12th, 2018
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October 12, 2018

GOING INTO AFRICA AS A SMALL BUSINESS

Trading across borders is a risky business, but the potential returns are high. That said, having a successful business in South Africa is not in itself a good enough reason to consider exporting it. The first leg of the biannual My Business Expo, held at Gallagher Convention Centre in Midrand on Thursday, treated delegates to panel discussions on how to go about getting their businesses ready for cross-border trade, among other things.

The key focus of those discussions, was expanding into Africa, where the risks are particularly high because of the poor interconnectedness between countries within the region, meaning every country had its own set of rules and regulations, [...]

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October 12, 2018

GET WISE, DON’T NATIONALISE – KGANYAGO

South African Reserve Bank head Lesetja Kganyago warned that he believes nationalising the central bank, which the ANC resolved to do at its December conference, would be a costly exercise that would take time and not necessarily produce the desired results.

At the Reserve Bank’s AGM in Pretoria, he told Business Times that he does not believe nationalisation is a good idea.

“Getting rid of private shareholders would not necessarily improve governance”, said the economist.

“Experience has taught us that boards approved by government are no guarantee of goo governance, nor are they a guarantee that decisions will be taken with the interests of the broader [...]

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