Who Owns Whom

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Less is more

According the Institute of Directors in Southern Africa there is no set rule, but the guideline is that one person ought not to hold more than five posts as non-executive director. Research by Henley Business School at the University of Reading in the UK suggests that the maximum should be no more than four. Casting back to the 1990 edition of Who Owns Whom the following directors held 25 or more directorships at the time. Director name No. Read More

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The good, the bad and the ugly

My wife and I recently drove through the Overberg in the Western cape and were treated to a view of lush rolling wheat and canola fields merging with the snow-capped Riviersonderend mountain range in the distance. According to the Crop Estimates Committee at the Department of Agriculture wheat crop this year will exceed last year’s by 27.83% and canola by 29.28%. Local demand for wheat has increased by 50% in the past 25 years to more than 3 million tonnes, 2 million of which is imported. Read More

The impact of covid on individual industries

The move to lock down level two brings with it some hope that our economy will gain a fresh momentum to recovery. The WOW industry reports researched since the beginning of lock down have covered the direct impact of the pandemic on various industries. These are some of the observations: Online retail Prior to the corona virus pandemic, online retail sales grew by 20% in 2019, but still accounted for less than 2% of South Africa’s R1-trillion overall retail trade. This compares with ecommerce penetration of 13% to 20% in relatively mature markets in Europe, the US, and China. Read More

Morocco Snapshot

Morocco’s new coalition government has focused on pro-poor reforms, job creation and implementing the country’s industrialisation strategy, which aims to increase the industrial sector’s share to 23% of GDP by 2020 from 18.5% in 2016. Evidence of its aspirations and success in this regard can be found in the automotive sector, where, in 2017, it overtook South Africa as the continent’s largest producer of passenger cars. Read More