BOOST FOR THE INCLUSIVE OCEAN ECONOMY DIVING DEEPER FOR SUSTAINABLE ECONOMIC POTENTIAL New partnership set to boost South Africa’s Blue Economy [Cape Town: 23 April 2021] In economic terms, South Africa’s oceans are a vast but limited natural resource that needs to be carefully managed for future generations. However, with proper support, innovation and good environmental management, our oceans have every potential to generate significant growth, positively impact GDP, and help meet the country’s urgent job-creation and skills development requirements in a sustainable manner. BlueCape, is a collaborative partnership founded by the V&A Waterfront and the City of Cape Town.
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Monthly Archives Apr 2021
THE OPTIMAL ALLOCATION FOR OFFSHORE VS LOCAL INVESTING
By: Yuvern Dokie, Senior Technical Investment Specialist, Alexander Forbes Investments and John Anderson, Executive, Investments, Products and Enablement, Alexander Forbes After the rand plummeted and blew out to more than R19 to the dollar early last year, there has been a lot of debate around taking more investments offshore and easing restrictions of offshore investing. The analysis and discussions that follow consider the different markets and how they stack up against a balanced solution. During the peak of the Covid-19 pandemic, both local and global markets fell drastically, and a lot of attention was given to offshore investing. In the
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PICK N PAY OFFERS FREE DELIVERY OF SUPPLIES FOR UCT STUDENTS AND FIREFIGHTERS
Retailer mobilises staff to provide thousands of meals, enables stores and online service for those wanting to support students and firefighters Pick n Pay has mobilised its store and online network to support the thousands of UCT students who had to evacuate the campus yesterday – and the brave firefighters working tirelessly to put out the Cape Town fire that continues to rage on the Table Mountain National Park. Pick n Pay stores were mobilised early yesterday and have been delivering essential supplies – such as water, eye drops and sunscreen – and food supplies to firefighters. Pick n Pay
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Altron acquires security firm Lawtrust for R245-million
JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245-million subject to Competition Commission approval. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions, data encryption, digital signatures, as well as biometrics. “In 2019 we acquired Ubusha Technologies, a leader in identity management. Ubusha formed the foundation of Altron Security. It has proven to be a great acquisition as customers accelerated their digital transformation due to COVID-19. The acquisition of Lawtrust positions Altron Security as a One Stop
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THEMBA AND HIS TEAM FOCUS ON BRINGING FUN TO KIMBERLEY DURING PANDEMIC
Flamingo Casino and Entertainment World celebrated 19th birthday last month Maintaining Flamingo Casino in Kimberley as a safe destination that is synonymous with fun has been keeping General Manager Themba Marasha and his team busy during the past year. “Working through the Covid-19 pandemic has seen us executing operations with more efficiency, and a focus to ensure that we don’t lose sight of the bigger picture, which is to keep our guests entertained, while undergoing these changes and keeping them as safe as possible.” Marasha said it was imperative that management led by example, monitoring compliance and ensuring that all
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IMPROVING OUTCOMES FOR RETIREMENT FUND MEMBERS IN A POST COVID WORLD: THE TREND TOWARDS AN INTEGRATED APPROACH
By: John Anderson, Executive: Investments, Products and Enablement, Alexander Forbes Over the years, there have been many debates on whether split service models (where different service providers are utilised) compared to integrated providers (where core functions such as investment strategy design, asset manager selection and investment administration are combined by a single provider) are better in delivering reasonable outcomes for retirement fund members. This applies to how investment strategies before and after retirement are designed and executed, as well as whether the running of a fund should be on a standalone basis or whether to make use of an umbrella
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THE BENEFITS OF HAVING GAP COVER
By Rachel Janssens, principal consultant at Alexander Forbes Health Bridges the gap between hospital rates and provider fees Gap cover is a short-term insurance product. It covers financial shortfalls during hospital stays when healthcare professionals charge more than the medical scheme rate. Even those on higher medical aid plans may still experience gaps between their medical aid scheme reimbursement rate and what the service providers charge. These tariff gaps are when the benefit of gap cover kicks in. Even on a good medical aid plan, this shortfall could still be thousands of rands. Being covered by your medical aid at
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MITCHELL’S PLAIN SCHOOL GETS A KITCHEN MAKEOVER FROM 5-STAR HOTEL
The Table Bay hotel gives back to Portland Secondary School learners Creating a positive environment for learning makes all the difference, as learners and teachers at Portland Secondary School have witnessed first-hand. Thanks to the five-star Table Bay hotel in the V&A Waterfront, the school’s Consumer Studies learners now have a modern kitchen to replicate conditions in the hospitality industry after the hotel did a full upgrade to the Practical room, painting, replacing old wooden worktops with new stainless steel tops, new stoves, microwaves and other electrical equipment. The Table Bay hotel first became involved with the Mitchell’s Plain high
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Resort welcomes Sun International’s first US tourist since lockdown
Sun City rolled out the red carpet for a health worker from Buffalo, New York this past week as she became the first US tourist to visit any Sun International property since March 2020. When staff at the resort realised that solo traveller, Ms Stuff Cleague, was celebrating her birthday on April 8, celebrations kicked into an even higher gear, starting with an upgrade to the Royal Suite at The Palace – which has its own butler – and setting up sightseeing trips. “I’m overwhelmed and speechless,” Cleague said, “I’m used to hotels but this upgrade has been incredible.” She
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HOW WILL COMPANIES ROLL OUT THE VACCINE TO THEIR STAFF?
Millions of COVID-19 vaccines are expected to arrive in South Africa. But, how will companies roll out the vaccines to their staff? Especially if people become ill because of side effects or some employees refuse to take it. Mercer CEO Tamara Parker told Gareth Edwards about seven priorities for companies when the second and third phases of vaccinations begin. Courtesy #DStv403 / eNCA How will companies roll out vaccine to staff? – YouTube
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