As an early adopter of Artificial Intelligence (AI) investing, asset management firm Differential Capital has used data to uncover what the market is not seeing, to the benefit of investors for the past six years and has now shared their learnings with competitors. The company has developed a Python package which allows for stock-level extensions to Menchero’s Method for portfolio attributions, which they have shared with the financial services industry. “Portfolio attribution is a critical tool for investment managers, enabling them to dissect and understand the sources of portfolio performance relative to a benchmark. By breaking down returns into allocation
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Monthly Archives February 2025
Tsebo’s AI transformation earns global recognition for workforce innovation
Tsebo Solutions Group, a leading provider of integrated workplace management solutions in Africa, is pleased to announce that we came out on top in the Case-Based Recognition category: “Empower through AI,” a global award by the Top Employers Institute. This recognition underscores our commitment to leveraging artificial intelligence to empower our people and enhance careers while maintaining a balanced, human-centric approach to digital transformation. Our submission was carefully evaluated by an expert panel of HR auditors from the Top Employers Institute and recognised as one of the most innovative contributions to the Certification Celebration 2025 Recognition Programme. This honour reflects
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Advancing Sustainability: The Mining Industry’s Strategic Path to Net Zero
The mining industry in South Africa stands at a crucial crossroad as it faces the dual challenges of escalating climate change and the imperative for sustainable development. As a pivotal enabler of clean energy technologies, the sector is tasked with strategically navigating its complex journey towards achieving Net Zero emissions. Servaas Kranhold, Head of Natural resources at BDO, says, “The transition to renewable energy is driving unprecedented demand for critical minerals. The International Energy Agency projects that the requirements for minerals essential to clean energy technologies, such as copper, nickel, lithium, and rare earth elements, will grow exponentially.” He adds,
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BDO.
Pernod Ricard wholly acquires luxury African gin brand Inverroche
Pernod Ricard has wholly acquired luxury African gin brand Inverroche. The sale of the remaining Inverroche shares not owned by the Group was concluded on 6 February 2025. Inverroche is now Pernod Ricard’s first wholly owned African spirit brand. Sola Oke, Managing Director of Pernod Ricard Africa says “Africa is a market with great potential for Pernod Ricard. Our investment in Inverroche demonstrates the continued commitment of our group to Africa, and our belief in the continent’s potential as a significant white space opportunity in the world for the Premium+ Spirits & Champagne segment. This is an important milestone in
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FESTIVE SEASON DRAWS MILLIONS TO THE V&A WATERFRONT
V&A Waterfront welcomes over 3 million visitors in December, cements status as one of South Africa’s Premier Festive Season Destination. The V&A Waterfront, Cape Town’s iconic mixed-use destination, experienced a standout December period, welcoming over 3 million visitors and achieving record retail sales of almost R1.4 billion. On New Year’s Eve alone, approximately 200,000 people visited the Waterfront throughout the day to enjoy its amenities as well as its New Year’s Eve celebration, confirming its status as a hub for fun and festive activities and a key contributor to Cape Town’s tourism economy. “The December period is always special at
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BDO Launches the Annual Mining Report 2025: Transforming the Global Mining Landscape
The BDO Annual Mining Report 2025 offers a comprehensive overview of the significant transformations occurring within the mining sector, spurred by the rapid energy transition and burgeoning demand for minerals critical to renewable technologies. “This forward-looking report charts the sector’s progress towards greater sustainability, innovation, and strategic adaptation, marking a pivotal moment in the industry’s history,” says Matt Crane, UK Head of Natural Resources& Energy at BDO LLP. Servaas Kranhold, Audit Partner and Head of Natural Resources South Africa at BDO and Bert Lopes, Lead Partner for Business Services (BSO) SA at BDO, highlighted key findings from the report are:
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BDO.