- published: 06 May 2017
- views: 280
Lesetja Kganyago, Governor South Africa Reserve Bank speaks to CGTN’s Ramah Nyang on financial system in South Africa Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Embattled national flag carrier, South African Airways , is at a cross roads with a large loan falling due shortly. The airlines management says it's comfortable that it will meet its commitments. The government has propped up the airline for many years, supporting it with guarantees. But for how much longer? Angelo Coppola reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
In light of Financial Planning Week (25-30 November), Barry O'Mahony, founder of Veritas Wealth and South Africa's 2013 Financial Planner of the Year talks to ETV Sunrise about financial planning tips for 2014.
South Africa's Financial Services Board has instituted an independent investigation into financial irregularities at Steinhoff International. The investigation in terms of the Financial Services Act, is over and above the current investigation by the Johannesburg stock exchange. The company has lost more than 12 billion dollars in market value since a scandal on accounting irregularities emerged on Wednesday. On Friday, the stock dropped 50 percent before making a slight recovery. CGTN's Sumitra Nydoo takes up the story Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
The Foreign exchange market is the biggest financial market in the world. At least four trillion dollars is traded on currency markets on a daily basis. This market is known for its volatility and high risk nature, which is why it is mostly traded by banks and big corporate. However a young South African trader has managed to crack it. Sandile Shezi has successfully learnt how to trade currencies and at just 23 he's become one of the youngest multi-millionaires in the country. Shezi now wants to empower other young South Africans to do the same. Sumitra Nydoo caught up with him.
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Despite the lacklustre performance of its economy South Africa's retail sector has done relatively well. The FT's Andrew England looks at how a rising middle class is spurring a spread of retailers across the continent as well as attracting foreign investment. For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
South Africa is the biggest tourist center and financial power in the south of the continent. Its stock market is the most important in Africa and it is, also, an important place for the automotive industry. Companies such as BMW and General Motors have factories here. So it all sounds pretty good, right? Well, things today are actually not looking that rosy. Today in VisualPolitik, we'll talk about South Africa! Did you enjoy our video? Click the 'subscribe' button and stay tuned for our new videos every week! Related links: Brawls break out in South African parliament after denunciation of Zuma - https://www.theguardian.com/world/2017/feb/09/brawls-break-out-in-south-african-parliament-after-denunciation-of-zuma Nelson Mandela: a timeline - https://www.brandsouthafrica.com/people-cul...
The Sandton section, of the city of Johannesburg was just farmland but these days, it's the wealthiest place in South Africa, and possibly, in all of Africa. The suburb. turned financial-hub, grew rapidly after its creation in the 1970s. It now serves, as a model satellite city
VIDEO TRANSCRIPT: Reporter: When it comes to buying investment property in SA, the first thing you need to know is, what exactly is investment property? Simon: I think the simplest way to describe investing in property is not living in the property. There's a couple of reasons why someone would invest in property. The one is you would buy a property and you'd rent it out. The other type of investing is where you buy a place that perhaps needs some work and you've got an eye for that kind of detail, and you understand how to budget and how to spend, and you're going to renovate it and then flip it for a higher price. Reporter: So, if I was thinking of buying or looking into such a property, what would be the first things that I would need to consider when searching for a property like...
South Africa may escape being placed on the watch list of a global fraud monitoring group after the Finance Minister signed the FICA Act yesterday. The Financial Action Task Force had threatened to put the country on a watch list because of delays in passing the Financial Intelligence Centre Amendment Act. The ACT seeks to prevent money laundering and other financial crimes. For more news, visit: http://www.sabc.co.za/news
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Nearly 20 years on from the end of white minority rule and a programme of black economic empowerment, South Africa continues to suffer widespread inequality, poverty and unemployment. Andrew England reports on the country's challenges and aspirations For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
This video accompanies the GSDRC Professional Development Reading pack on Public Financial Management, available at: http://www.gsdrc.org/professional-dev/public-financial-management/ What is Public Financial Management (PFM)? PFM refers to the set of laws, rules, systems and processes used by sovereign nations (and sub-national governments), to mobilise revenue, allocate public funds, undertake public spending, account for funds and audit results. It encompasses a broader set of functions than financial management and is commonly conceived as a cycle of six phases, beginning with policy design and ending with external audit and evaluation (Figure 1). A large number of actors engage in this “PFM cycle” to ensure it operates effectively and transparently, whilst preserving accountability. ...
When you think about development challenges, a lack of trained accountants might not immediately come to mind. Yet poor public sector financial management is often at the root of patchy service delivery in other sectors, from health and education to transport. South Africa recognised this underlying issue, and with EU support embarked on a capacity development programme. Read the full article at: http://capacity4dev.ec.europa.eu/article/developing-financial-management-capacity-south-african-municipalities-%E2%80%93-basis-local-developm
South Africa's cash-strapped national carrier plans to raise a billion dollars from financial institutions to pay off its debts. South African Airways is seeking both secured and unsecured funding. The carrier wants to start drawing down the amount within two weeks of signing the loan agreement. Hong Kong's tax authorities have threatened to ground planes if the airline does not provide financial statements soon. S-A-Ahas failed to submit statements for the past two years, with results for 2015/2016 held back by Treasury's refusal of additional loan guarantees.
http://www.weforum.org/ In the context of global market volatility, how can Africa build resilience into its financial markets? Dimensions to be addressed: - Mitigating adverse effects of currency depreciation - Connecting regional payment systems. - Diversifying sources of capital. Speakers: · Miguel Azevedo, Head, Investment Banking Africa, Citi, United Kingdom. · Bob Diamond, Founder and Chief Executive Officer, Atlas Merchant Capital, USA. · Pravin Gordhan, Minister of Finance of South Africa. · Benno Ndulu, Governor of the Bank of Tanzania. · Oscar Onyema, Chief Executive Officer, Nigerian Stock Exchange (NSE), Nigeria. · Hendrik du Toit, Chief Executive Officer, Investec Asset Management, United Kingdom. Moderated by Donna Oosthuyse, Director, Capital Markets, JSE, South Africa.
Envisionit has extensive knowledge and is experienced in South African financial markets in a multitude of different investment areas and with different market practitioners. http://www.businessessentials.co.za/partner/envisionit-capital-solutions/ http://www.envisionit.africa/
The African Institute of Financial Markets and Risk Management (AIFMRM) is a postgraduate institute within the Faculty of Commerce at the University of Cape Town and focuses on financial and risk management in South Africa. Launched in January 2014, the institute is funded by corporate partners in the insurance and banking industry and is committed to increasing the extent and depth of financial services expertise and addressing the skills shortage in the African banking, insurance and financial services industry. AIFMRM aims to establish itself and UCT as the leading academic institution for financial market and risk management research and training across the continent.
How can a responsible financial institution help combat poverty in South Africa while improving its bottom line? Standard Bank Group Ltd. built innovative mobile apps based on SAP Mobile Platform. By bringing financial management technologies to potentially 10 million new people, the bank dramatically expanded its customer base and reduced origination costs.