Tag: cash flow

Innovative models are bridging the gap between employee pay and evolving consumer behaviour. A fairly new yet ground-breaking fintech offering, Earned Wage Access (EWA) is a financial technology that allows employees to access a portion of their earned wages before their regular pay cycle.

There comes a time in every successful entrepreneur’s life when he or she has to consider how best to transition to the preservation of the wealth they’ve built, not only for their own enjoyment, but also for the sake of the legacy they want to leave behind.

Consumer debt is increasing – with worrying effects for companies. Strike Date Optimisation may be the single most effective tool standing between a business that flourishes in a difficult economy, and one that’s left floundering with a growing debt book. Much has been said about the challenges facing South African consumers at present.

MultiChoice Group (MCG or the group) grew its user base by 5% during the period ended 30 September 2022 (1H FY23). An ongoing focus on leveraging the group’s local capabilities added 1.0 million 90-day active subscribers to close the period on 22.1 million subscribers, with the subscriber base split between 13.0 million households (59%) in the Rest of Africa and 9.1m (41%) in South Africa.

Earned wage access (EWA) is rising in prominence as a powerful HR tool for employers to retain and attract talent. This statement is supported by a new report issued by J.P Morgan titled Financial Inclusion Through Payments. We are a contributing author to the report.

Kevin Phillips | CEO | IDU | mail me | This article is the second in a series of three where I have considered whether budgeting...

Plan B: How South Africans can invest in the UK property market is a practical, step-by-step guide. It is full of useful advice on how to get started, from leveraging bank finance to finding investment grade properties from distance.

If you’re in the business of importing or exporting, you will be acutely aware of the current pains caused by global supply chain problems. With the help of expert advice, there are several steps you can take to protect your business.

MultiChoice Group (MCG, or the group), Africa’s leading entertainment company, delivered steady margins for the year ended 31 March 2022 (FY22). Reduced losses in the Rest of Africa (RoA), a rebound in advertising revenues and a continued focus on cost containment enabled us to absorb the R1.1 billion impact of a normalisation in content costs as live sport returned and we resumed our local content production post the COVID-19 lockdowns.

While much has been written about the need for structural reform in the economy, and the need for the government to have more investment friendly policies, it is also useful to look at where the government can cut costs to prevent South Africa falling off a fiscal cliff in the medium term.