Tag: capital

The private equity (PE) fundraising landscape, historically dynamic and competitive, has become increasingly challenging in recent years. As a number of funds compete for limited investor capital, a consistent question we get as fund formation lawyers is: "How have successful asset manager clients secured capital in this crowded market?"

The “cashless revolution” spurred by the COVID-19 pandemic has proven durable and persistent. PwC’s Payments 2025 & beyond publication, released in 2021, reported a 42% increase in global cashless payment volumes. The 2023 McKinsey Global Payments Report found that global cash usage continued to decline – by four percentage points year on year – and that the growth rate of electronic transactions was nearly triple that of the overall growth in payments revenue.

Many people who have business ideas feel in some way that they are not ready to take the plunge, and one of the most convenient excuses is that they feel that they “are not entrepreneurs”. But this doesn’t take away the business idea smouldering at the back of their minds. To try and resolve their dilemma, they start looking around for answers as to whether entrepreneurs are born or made. As a result, this is a question that gets asked of experts almost continuously.

Age is just a number when it comes to entrepreneurship, and older business owners (60+) have a wealth of experience, knowledge, and ambition to offer. However, when traditional banks deny funding based on outdated lending criteria, these seasoned entrepreneurs can feel frustrated and stuck.

On 21 June 2023, the Cabinet of the Republic of South Africa formally approved the submission of the Luxembourg Rail Protocol (LRP) to the Cape Town Convention to parliament for ratification. Formal ratification is expected later in the year.

No new business can prosper without access to start-up capital, and the regulatory environment must not stand in the way of this process. In other words, South Africa’s economic future is not served by do-gooder statutory restrictions on financing. As such, significant amendments should be made to the National Credit Act, as well as the Banks Act, to ease pressure on small businesses that seek to finance their growth. 

Women entrepreneurs are on the rise globally, with this wave sweeping over the African and Middle Eastern region. Historically, Africa has led the world in terms of numbers of women business owners, with countries like Uganda and Ghana – leading the way.

According to the latest Quarterly Labour Force Survey, just over 40 million South Africans were of working age (15-64 years old) in the first quarter of 2022. Of these, 14,914,000 had a job. This means that almost 15 million adults in this country were wage slaves; people who have no choice but to give up what they produce to someone ese just to survive.

We live in a society of instant gratification. Google and Uber have become verbs – showing how accessible it has become to find information instantaneously and get a taxi to your doorstep in minutes. Click for takeaway food. Download a movie. Shop online. We post or tweet and are instantly heard by hundreds or even thousands of people. 

How do you grow your capital while still preserving it? And how do you use investment vehicles to contribute positively to your financial freedom and a comfortable retirement? The answer is simple: financial education is the precursor to good investment decision-making.