The Board of GS1 South Africa, trading as the Consumer Goods Council of South Africa (CGCSA), has appointed Zinhle Tyikwe as Chief Executive Officer with effect from 01 July 2022. Tyikwe, who is currently the CGCSA Executive in charge of Human Resources and Communications, takes over from Gwarega Mangozhe, who is leaving at the end of June to pursue other interests. The CGCSA is an industry association representing over 9 000 member companies in the Fast-Moving Consumer Goods (FMCG) sector. The sector represented by the CGCSA contributes R1 trillion to the R5 trillion annual GDP (roughly 20% of economic production)
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Monthly Archives Jun 2022
Hey, Gen Y and Gen Z do you think you can retire comfortably?
By Penelope Gregoriou, technical investment specialist at Alexforbes Millions of South Africans rely on the money saved in their employers’ retirement fund to earn an income in retirement. For many people, this is their only formal savings for retirement. Unfortunately, too often, this money is still not enough to sustain them in retirement. Being a young professional has its fair share of demands and complexities, with real day-to-day demands such as housing, transportation and health needs all perpetually competing for a share of your wallet. Retirement savings, quite frankly, is a low priority for many. But research shows that it
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Best Public Affairs Agency Africa 2022 – International Business Magazine
Corporate Image bags yet another accolade – Best Public Affairs Agency – Africa 2022 by International Business Magazine.
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Corporate Image wins the World Business Outlook Best PR Consultancy Agency Africa 2022
Corporate Image have won the World Business Outlook Best PR Consultancy Agency Africa for 2022 “Our core success story of the award programme lies in the support of a dynamic, young, unbiased, comprehensive well-trained fired of experts who keep their think-tank going strong all round the clock.” Award Winners 2022 » World Business Outlook
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Corporate Image wins World Business Outlook Leading Communications and Corporate Affairs Consultancy Firm Africa Award 2022
Corporate Image have won the World Business Outlook Leading Communications and Corporate Affairs Consultancy Firm Africa for 2022 “Our core success story of the award programme lies in the support of a dynamic, young, unbiased, comprehensive well-trained fired of experts who keep their think-tank going strong all round the clock.” Award Winners 2022 » World Business Outlook
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FORMER GARDENER CREATES AND GROWS SA’S FIRST BLACK OWNED COFFEE BRAND
Young South African started roasting his own coffee in 2012, and today roasts over 2,000kg a day after listing his products in Pick n Pay stores “Excellent coffee meets a great story of passion and dedication,” is the entrepreneurial journey of Sihle Magubane (40), owner of Sihle’s Brew – the first South African black-owned coffee brand which is hitting its stride after launching seven products on Pick n Pay shelves in last 10 months. Born in the rural town of iNkandla in KwaZulu-Natal, Magubane was faced with providing for himself and his siblings at the age of 16 after his
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Nedbank CIB supports ESG commitments in the mining sector by facilitating a multi-billion Rand equivalent debt package for Harmony
Nedbank Limited (acting through its Nedbank Corporate and Investment Banking division) (“Nedbank CIB”) has successfully co-ordinated and structured an innovative and market-leading financing solution for Harmony Gold Mining Company Limited (“Harmony”) to enable Harmony to refinance and upsize its key corporate debt facilities. Harmony, a listed mining company on the JSE, formally appointed Nedbank CIB to act as a Global Coordinator and Bookrunner, as well as a Global Sustainability Coordinator, to structure and arrange the substantial dual currency, multi-tranche debt package. “This landmark circa R10 billion funding package will provide Harmony with sufficient financial flexibility to support its existing operations,
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ALEXFORBES IS READY AND SET FOR GROWTH
Operating income up 7% to R3.2 billion enabled by substantial success in attracting new clients and strong investment performance Headline earnings per share from continuing operations up 19% y-o-y to 37.2 cents per share Final dividend of 20 cents per share (2021: 9 cents per share), increasing the annual dividend by 45% y-o-y to 32 cents per share Refreshed vision, brand and corporate activity provides framework to become the most impactful provider of financial advice serving both institutional clients and individual customers Alexforbes today released a pleasing set of annual results which reflect the company’s disciplined strategic execution, a transformed
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