Statement: FSB reacts to Arthur Brown sentence

Podcast

Statement: The Financial Services Board (FSB) is disappointed with the sentence handed down to Mr J Arthur Brown by the Western Cape High Court today. The FSB believes that the fine of R150 000.00 or 36 months in prison does not acknowledge the extent of the damage caused by Mr Brown’s actions.

SA’s best burger

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Nothing beats a good burger. While there’s a time and place for a speciality burger, an everyday burger on the run can’t be scoffed at. Finweek contributor James-Brent Styan took it upon himself to find the best burger in the country. We thank him for his public service.

King Mswati and his happy following

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“Tradition is alive and well, especially in Swaziland, where King Mswati calls the shots. Being an absolute monarch, means Mswati has the power to choose Swaziland’s prime minister and other top government posts. The Swazi King is, however, especially notorious for his opulent lifestyle,” says Finweek government spy Statecrafty of King Mswati’s traditionalist views at the World Economic Forum.

Monday must-read: A chicken in every pot?

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Our friends at Atlantic Asset Management’s newsletters are jam-packed full of ideas and interesting pieces of information. Their latest offering gives some fantastic insights into unemployment, the political landscape and some smart social commentary as well.

SA property underexposed?

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“Despite massive interest in Africa from the global real estate industry, little is being done to proactively market the continent abroad,” says Tony Galetti. Africa is still regarded as a comparatively underdeveloped continent, being one of the last remaining regions that can allow for a significant amount of future growth. But actively attracting direct foreign investment in local properties and development remains severely lacking.

Why job security is nonsense

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Job security? Jobs haven’t been a form of security in decades, writes Douglas Kruger

Indian population compromised by new BEE Codes

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The new proposed racial demographic representation clause in the new draft BEE Codes will have a dramatic impact on the business world and the people most affected by this will be the Indian population, explains Dean Oberholzer. [Read more]

No, Capitec isn’t ‘South Africa’s 4th largest’

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Finweek editor Marc Ashton sets the record straight about Capitec [Read more]

The price of protecting SA’s indigenous knowledge

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Preoccupation with the preservation of traditional South African knowledge has led to potentially damaging proposed changes to local intellectual property law, argues Dr Sadulla Karjiker of Stellenbosch University. [Read more]

The curious case of the Waterkloof base

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On Tuesday a private jet touched down upon the landing strip of the Waterkloof air force base – a national key point. But the passengers aboard the aeroplane were neither South African cabinet ministers nor our head of state President Jacob Zuma as one would have expected. [Read more]