The name Davos is almost interchangeable with the World Economic Forum, even though WEF holds several other international meetings every year. For five hectic days, the world’s elite come to a tiny town in the Alps where it becomes the place to be heard and the place to be seen. This year, at WEF’s
Sean de Cleene says there are ways in which southern Africa could adapt with innovation and not only survive, but turn climate change into an opportunity.The overall message from most of the participants and speakers at the World Economic Forum was that we need to change how we conduct business to s
Stefan Klebert says his company’s technology can provide fascinating insights in to the mindset and moods of milking cows. They are also tapping into our changing tastes.There are many overseas companies operating in South Africa somewhat under the radar and if economic conditions improve it would e
Rali Mampeule, a member of the royal family of the Rain queen, the Modjadji near Magoebaskloof, has become the founding donor of a global surgery movement.It is estimated that over 5 billion people globally and 90% of the world’s poor do not have access to surgery which often leads to preventable de
The power blackouts in South Africa have severely hampered businesses and especially mines over the past months. Eskom has been declared by many business leaders as a national energy crisis and many are now looking towards generating their own power. Also geared to take advantage of this, are the co
It’s Friday in Davos, and that means the 50th edition of the World Economic Forum meeting is drawing to a close. The usually quiet village of Davos, will go back to just that, as the streams of delegates make their way home. Capetonian photographer Greg Beadle has been snapping away, capturing all t
The damage done to the South African economy over the last 10 years is greater than many thought and that means the turnaround is going to be slower.Finance Minister Tito Mboweni responded this morning to criticism from the business sector attending the World Economic Forum meeting in Davos Switzerl
The youth and how they believe the present generation is messing up their future has dominated the past year and at the 2020 World Economic Forum in Davos, Switzerland they were again given ample opportunity to tell delegates what they wanted for the future. Spearheading this movement is Greta Thunb
Investec's Richard Wainwright said he believed South African corporates have always been aware of stakeholders unlike their American counterparts.Investors, both local and international are not holding back on their criticism of what they perceive to be the slow implementation of structural reforms
Finance Minister Tito Mboweni accompanied by other cabinet members, Naledi Pandor and Ebrahim Patel came to the World Economic Forum to ensure investors that they are on track to bring about the reforms needed to increase growth in the South African economy. The message they received was loud and cl
The big banks in South Africa are in a fierce battle to claim the top spot of the biggest and best bank in the country. We caught up with Absa's Peter Matlare.Big banks in South Africa are in a fierce battle to claim the top spot of the biggest and best bank in the country. And now there are several
Khaya Gobodo says the rate of change is too slow. Policy articulation is better under Ramaphosa... but the government is far behind in execution."After a turbulent period in which Old Mutual shares fell sharply because of its protracted battle with Peter Moyo; the insurer managed to get a favourable
The big tech giants have stolen the lunch of many businesses. The rise of Amazon has closed many a small businesses and has in places like the United Kingdom led to high streets, the former kingdom of businesses, turning into rows of “To let” signs. In the world of banking, the question could very w
Anglo American's Nolitha Fakude said the mining group was currently engaged with Eskom and Government, talking about the self-generation of power and looking at pilot schemes.In December, South African miners were hit by the country’s biggest blackouts as Eskom implemented ‘stage 6’ blackouts for th
It is day three at Davos, and while the legs and brain start to feel a bit weary, Capetonian Greg Beadle keeps everything in focus as he snaps away. The World Economic Forum is celebrating its 50th anniversary this year and for those who can’t attend Greg offers a nice window seat into the people wh
Blockchain is a technology that is proving to be useful all over the world and experts in the field believe Africa is the one place that could benefit the most. The Head of Blockchain and Distribution Ledger Technology at the World Economic Forum, Sheila Warren told Biznews that Africa was generally
The attacks on foreigners in South Africa that took place last year have been widely criticised by other African governments with the Nigerian government taking the unusual step of repatriating 600 citizens after it led to tensions between the two countries. Xenophobia and refugees are the issues th
As President Cyril Ramaphosa decided not to attend the World Economic Forum meeting in Davos, Switzerland this year, and instead focus on issues back home, it’s in the hands of Finance Minister Tito Mboweni to fly the South African flag. This has put a little dampener on events this year as some of
Passwords used to be easy to remember as we only had a few, and we could relate them to an important event, a mother’s birthday, our first pet or a pet hate. But now we log into so many websites and need so many passwords; it has become an impossible task to ensure that they are unique and most of a
It's day two at the annual WEF meeting in Davos. We didn't see the much anticipated climate showdown between activist Greta Thunberg and US president Donald Trump.It’s day two at the annual World Economic Forum meeting in Davos, which usually competes with day three as the busiest. We didn’t see the
For many WEF attendees, the most eagerly awaited event of the Davos week is the annual unveiling of the Edelman Trust Barometer, a 20 year old thermometer of how citizens in 28 countries perceive Governments, Business, the Media and NGOs. As in recent years, trust in institutions continues to declin
Climate change activist Greta Thunberg is only 17 years old, but she commands respect and when she says global business is all talk but no action on climate change, it is bound to force some executives in the packed room in Davos to reconsider their response to demands to stop carbon dioxide and oth
Capetonian photographer Greg Beadle finds himself swapping the warmth of sunny South Africa for the sub-zero temperatures of the Davos mountains yet again. It’s the third year that he finds himself capturing images for the World Economic Forum, which is celebrating its 50th anniversary of the event.
Calls for governments to clamp down on companies who use tax havens to pay lower taxes on their profits have been growing louder over the past year. Apple, Facebook and Amazon have been in the firing line for not paying taxes in the countries where their economic activity is generated. France became