Premal Ranchod, Head of ESG Research at Alexander Forbes Investments Sustainable investment themes are abounding Social responsible investing was considered niche when South Africa was sanctioned in the 80s, but today environmental, social and governance (ESG) investment considerations are resounding and the impact of investments is being applied much more broadly, beyond just investment return. There is a strong case to argue that the impacts on corporate governance and social factors brought about by Covid-19 have piqued more attention on this theme. The numbers also point to increased attention in this space. Morningstar reported global fund flows into sustainability themed
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Monthly Archives Nov 2020
Corporate Image clinches Best Public Affairs & Reputation Management Company award
One of South Africa’s most established communications consultancies, Corporate Image, has been awarded as Best Public Affairs & Reputation Management Company in South Africa at the MEA Business Awards 2020. Hosted by MEA Markets, the agency was subject to a rigorous internal vetting procedure. The extensive research and judging process is driven by merit and centred around an in-depth evaluation of skills and services on offer. Awardees must demonstrate expertise within their field, dedication to customer service and a commitment to promoting excellence. Award winners are not determined by popularity of votes, but by their contributions to their industry. “This award is evidence of our commitment to excellence in reputation building and
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Enjoy tea by the sea at Boardwalk
Indulge in the age old tradition of afternoon High Tea at The Boardwalk Hotel. Served in the Lobby Lounge, you will feel relaxed and reenergised as you toss your troubles to the tides while chatting to friends or family. The delectable buffet, with all Covid-10 protocols observed, features a selection of pastries and cakes including milk tart, lemon meringue tart, salted caramel tart, pecan nut tart, strawberry tart, chocolate brownies, cake of the day and strawberry cheese cake. Those who prefer savoury nibbles are also catered to assorted finger sandwiches, assorted mini pies, vegetable spring rolls, mini savoury scones topped
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PNP CLOTHING EXPANDS LOCAL DESIGNER COLLAB PROJECT
Third collaboration, designed by Gavin Rajah, launches in Clothing stores after two successful collections with young local designers Two creatives to be mentored to launch exclusive collections in 2021 Pick n Pay Clothing today launched its third limited edition locally produced collection, designed by Gavin Rajah – a well-known South African brand synonymous with style and design. “Customers will be able to shop this incredible designer range at everyday, affordable prices,” says Hazel Pillay, General Manager for Pick n Pay Clothing, commenting on how the collection is perfectly timed with the launch of Black Friday deals now in
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PICK N PAY LAUNCHES ITS OWN MOBILE SERVICE PnP Mobile offers competitive pricing and instant data rewards that are automatically loaded after shopping in store
Pick n Pay today launched PnP Mobile, South Africa’s newest Mobile Virtual Network Operator, which will use MTN’s mobile network infrastructure to offer customers prepaid, SIM-based access to services including airtime, data, and SMS. A tiered rewards system for Smart Shopper customers will enable them to earn up to 2.5GB in free data rewards each month. Boxer Superstores is also expected to launch a SIM card soon. Smart Shoppers will earn data rewards in addition to loyalty points when shopping at any Pick n Pay store countrywide. This will include Express, Clothing, and Liquor stores. For every R10
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THE IMPACT OF RETIREMENT REFORM IN SOUTH AFRICA
Receiving the same tax treatment Changes to retirement benefits for provident fund members, initially meant to come in five years ago and now scheduled for next March, will see tax uniformity for all who contribute towards retirement. These changes, in terms of the Taxation Laws Amendment Act, will also encourage greater savings, something South Africa desperately needs as it seeks to crawl its way out of an economic hole. Dolana Conco, regional executive – consulting at Alexander Forbes, says: “One of the aims of retirement reform is to create a uniform retirement fund system for all types of retirement
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WORLD-CLASS COVID-19 RISK MANAGEMENT APPROACH WINS PRAISE FOR SUN INTERNATIONAL GROUP
Hospitality and leisure group Sun International has been awarded by The Institute of Risk Management South Africa (IRMSA) for the group’s extensive and world-class Covid-19 controls introduced across all hotel and casino properties. Sun International Health and Safety Specialist Sheena O’Brien was also awarded as the runner up in the ‘Risk Specialist of the Year’ category at the same ceremony, for successfully guiding the group through the Covid-19 pandemic, one of the biggest risk challenges in its 53 years of existence. The awards were in the Industry Specific Risk Initiative category for the Tourism, Hospitality & Gaming industry.
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PICK N PAY INCREASES ITS ONLINE DEALS THIS BLACK FRIDAY
Pick n Pay will launch early online exclusive deals on its online shop (www.pnp.co.za) from this Friday 13 November. New online-only deals will be added every couple of days until the retailer launches its two-week Black Friday in-store deals later this month, which will also be available to shop online. All Black Friday orders placed for scheduled delivery on Pick n Pay’s online shop (www.pnp.co.za) are available for online customers in Gauteng and the Western Cape. Apart from its online shop, Pick n Pay’s growing online offer means that there are now more platforms this year for customers
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TREATING WATER AT HOME – AMANZI EKHAYA
Sibaya Community Trust invests in ground-breaking home water treatment plant in rural KZN Families living in rural communities within the iLembe District Municipality will soon have the basic right to safe drinking water in the comfort of their own homes as a result of an initiative by the Sibaya Community Trust. The pilot project rollout, at a cost of R850 000 of which Sibaya Community Trust is investing 100%, will happen in the next six to eight weeks, and see 100 families living in rural parts of Maphumulo and other areas become recipients of the Amanzi eKhaya, a home water treatment plant. “The Amanzi
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MISS SA 2020 OPENS DOORS TO THE TABLE BAY HOTEL AS NATIONAL ATHEM IS SUNG
As PJ Powers sang the national athem for assembled guests, newly crowned Miss South Africa, Shudufhadzo Musida and hotel manager Nico Myburgh officially opened the doors to Sun International’s Table Bay hotel in the V&A Waterfront on 30 October. The luxurious 5-star hotel becomes the last property in the group to reopen after seven long months of lockdown. In the week prior to its public reopening, the hotel hosted the finale of the 2020 Miss South Africa pageant. Since the hotel’s launch in 1997, attended by legendary statesman Nelson Mandela, it has acquired a string of local
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