Pan African: Understanding Key Value Factors and Significant Events Pan African, a leading mining company, derives its value from five critical factors known as “key value drivers.” These include the gold price, ZAR/US$ exchange rate, production and sales volumes, production costs, and the company’s ability to sustain gold production. A rise in the gold price, weakening of the ZAR/$, increased gold production, reduced production costs, and prolonged gold production all have a positive impact on

Harith General Partners Cleared of Wrongdoing in PIC and GEPF Forensic Probe Harith General Partners, a South African investment firm, has been exonerated by a forensic investigation commissioned by the Public Investment Corporation (PIC) and Government Employees Pension Fund (GEPF). The investigation found that Harith did not act improperly towards PIC and GEPF and did not charge “exorbitant” management fees, as previously alleged. The findings dismissed allegations of impropriety against Harith’s executives, Mr Mahloele and

Code red at Eskom “Eskom Load-Shedding Outlook: Predicted Generation Capacity Shortfall of Over 2,000MW for Most of the Year Ahead” According to Eskom’s Generation Adequacy Report, South Africa is facing a high risk of load-shedding for the medium term. Eskom predicts a generation capacity shortfall of over 2,000MW for most of the year, with breakdowns reaching 18,700MW in a likely risk scenario. Each stage of load-shedding represents up to 1,000MW of electricity demand that must

Live and don’t Learn … That’s us! By Ted Black With any “turnaround” firm, the news that sent its capital market value plunging over the cliff probably shocked the directors. We can safely assume they ticked all King Code boxes but were they doing their real job for shareholders –  linking management’s strategy to results? Maybe not if they had blind trust in the CEO. Four strategic principles to measure are: Quality of product and

Power cuts are hurting small businesses in South Africa – but sharing resources and equipment might be a solution By Ofentse Olunloyo and Tankiso Moloi Worldwide, small and medium enterprises (SMEs) are seen as the backbone of a thriving economy. They make up a substantial portion of the total number of companies and are estimated to contribute over 87% of all jobs globally. A recent World Economic Forum report showed that major disruptions affect the value chain of SMEs significantly more than