Blog
Other service activitiesSouth Africa
Stakeholder Capitalism: Time to Move from Talk to Delivery
Who Owns Whom MD, Andrew McGregor reveals that the South African business community has the edge over their international peers in supporting sustainable development goals, which generate broad-based value, contrary...
Accommodation and food service activitiesArts entertainment and recreation
South African Tourism Needs Some Big Thinking
Travel to Africa is expected to double by 2030. In the latest opinion piece by Who Owns Whom’s MD, Andrew McGregor looks at how, if South Africa is to grab...
FDI
African Opportunity
South African imports from Africa have grown by a multiple of five to 12% of total imports since 1995 and its exports to the continent have almost doubled from 14% to 27% of total exports over the same period, positioning it second only to Asia as the major exporter to the continent. As such it is interesting that Who Owns Whom has recently had a number of report requests on the food and beverage, telecoms and energy industries in Angola, Eswatini, Kenya, and Mozambique.
Human health and social work activitiesSouth Africa
The Indignity of Inequality
Who Owns Whom’s MD Andrew McGregor believes South Africa needs to have tough conversations about labour broking if it wants to change direction on inequality.
Other service activitiesSouth Africa
Fighting Corruption, Money Laundering And Terrorist Funding
Murky ownership details give crooks places to hide Companies profiled by Who Owns Whom researchers are allocated a transparency rating based on their willingness to disclose information about themselves, from 1 (opaque) to 10 (fully transparent). Of the 15,241 active companies on file, 32.76% scored above 6. While this is a material percentage, it indicates that we still have some way to go to convince our business community that transparency is more conducive to a functional society than secrecy.
Zambia
Zambia Snapshot
Zambia’s economy is holding steady despite the massive drop in agricultural output in 2018. But political and economic challenges weigh heavily on the country. World Bank figures estimated Zambia’s 2018 GDP growth at 3.5% while the African Development Bank estimated economic growth at 4.0% in 2018, compared with 4.1% in 2017. It said that agricultural output fell more than 35% in 2018 due to poor rainfall, although copper production and construction contributed positively to growth.
Other service activitiesSouth Africa
Corporate Citizenship
How are we going to uplift the unacceptable levels of vulnerable people in our society? The Black Economic Empowerment (BEE) policy was designed to redress the economic imbalance caused by...
Other service activitiesSouth Africa
Know Your Client
The global fight against corruption, money laundering and terrorist funding activities has seen the obligation to ‘know your client’ become an inexorable international trend, which has been brought even closer to home with the Gupta, VBS, Steinhoff and Bosasa delinquencies. To bring South Africa in line with international efforts and to meet our commitments to the G20 in this regard, government promulgated The Financial Intelligence Centre Act (Fica) of 2001 (amended in 2017) to create the Financial Intelligence Centre, which has become one of the most effective institutions fighting corruption and crime in our society.
