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The most important things to get right in a business

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We live in a world with the luxury of easily accessible information. Let’s face it – as empowering as that is, it can at times feel overwhelming. To keep things simple, we thought we would share a few tried-and-tested behaviours that have proven themselves, repeatedly, to be the most vital elements to get ‘right’ in a business.

The balancing act of paradoxical leadership

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I have always been interested in the theory and practices of different leadership styles across the wide range from ‘authoritative’ to ‘visionary’. For a long time now, I have supported the practices of servant leadership as one of the most effective leadership styles.

Producers are far less harmful than meddling politicians

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Life is an endless series of problems, all of them offering competing, imperfect solutions. But not all solutions are actually solutions; some are mistakes. I know of no system or individual that hasn’t made mistakes. The usual wisdom passed on in this matter is that one should learn from mistakes - that the intelligent learn from their errors and correct them.

The entrepreneurial vision for robust, consumer-driven learning

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Eustace Davie | Director | Free Market Foundation | mail me | It is not simply what education teaches us directly, but how well it...

Evolution in technology levels the retail playing field

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Consumers in South Africa are under immense pressure with a cascade of bad news resulting in increased prices at the till. Producer Price Inflation continues to rise, with the latest figures showing an increase from August’s 4.3% to 5.1% in September: things are going to keep becoming more expensive following higher fuel prices, a high lending rate to try to keep inflation in check and a weak, volatile Rand. Despite this, retailers have to sell goods and consumers need to buy goods.

What can the Rugby World Cup teach us about investing?

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This weekend sees the culmination of nearly two months of fierce competition between the world’s biggest rugby nations as New Zealand and South Africa battle it out in Paris in the final of the Rugby World Cup. It goes without saying that the best teams have made it this far. Both have navigated a multitude of obstacles through a display of skill, power, and endurance.

The power of regular ERP system updates for manufacturers

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In the fast-paced world of manufacturing, staying ahead of the competition requires constant adaptation and optimisation. Tempting as it is to stick to the ‘if it ain’t broke don’t fix it’ credo, one crucial aspect of maintaining a competitive edge lies in regularly updating Enterprise Resource Planning (ERP) systems.

Evaluating the cabinet-approved SOE plan

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The cabinet approved a new state-owned enterprise (SOE) plan, which will lays the basis for private equity investment in state companies and listings on the stock exchange. It has already stirred significant debate and discussion – and rightly so, because full or partial privatisation by countries around the world has been met with mixed success.

Demystifying open banking

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Every South African should care about open banking. It would give consumers more control over their financial data and empower them to use the banking services that best meet their needs. Open banking promises to reinvent the way consumers view and interact with financial products and services.

BOOK REVIEW | Corrupted

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Through investigatory reports and interviews, Jonathan Jansen reveals the structural conditions for chronic dysfunction in a sample of South African universities. He reveals the political economy at work and the intense competition for resources on campuses. He also provides interventions for these fragile institutions.

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