Burnout is now officially recognised by the World Health Organisation (WHO) as a clinical syndrome, legitimising the physical and mental impact that overwork can have on employees. Nicol Myburgh, Head of the HR Business Unit at CRS Technologies, believes that companies should familiarise themselves with the symptoms of burnout to minimise the potential impact on employees and the business.
The group now expects to list its international internet assets on Euronext Amsterdam in September. Naspers has delayed the listing of its international internet assets on the Euronext Amsterdam stock exchange after an external service provider labelled a circular to shareholders incorrectly. The circular included a notice to shareholders convening a general meeting next Friday to approve the listing. In the printing process, the names of some shareholders were paired with the wrong addresses, which it said could have led to confusion.
The Amsterdam-listed company will have a free float of up to 27%, which Naspers believes will attract more investors to its global internet assets. Naspers plans to list its global internet assets under a new company on Amsterdam’s Euronext market on 19 July.
South Africans are surging towards the popular United States EB-5 Immigrant Investment Visa program ahead of possible price increases that will likely place the EB-5 program out of reach for many other than for the uber-rich. NES Financial, the leading EB-5 financial brokerage in the U.S., has estimated a 600% increase in EB-5 petition filings from South Africans this fiscal year from three years ago.
The Protection of Foreign Investment in Africa –a first-of-its-kind short course in foreign investment law on the continent – could help investors make the most of increasingly attractive opportunities in Africa.
While the bank’s West African-associate weighed on 2017 earnings, a turnaround last year helped mitigate challenging conditions at home. Nedbank has benefitted from a turnaround at its Ecobank Transnational International (ETI) associate as growth in its home market continues to stagnate.
S12J refers to a section of The Income Tax Act. This section allows an investor to deduct the full cost of their investment into an approved s12J company against their taxable income. This benefit is available to individuals, companies and trusts and can be utilised against normal income as well as Capital Gains tax.
The unbundling and listing of MultiChoice will result in Naspers shareholders holding a direct interest in the video entertainment business. Naspers expects to unbundle and list its MultiChoice business on the JSE by the end of February if all goes according to plan. In a pre-listing statement, the global internet and media business said shares in the video entertainment business would start trading on the JSE on 27 February.