NEWS: Despite hurdles, Uber has big plans

Alon Lits_Uber General Manager Sub-Saharan Africa

Uber has been a great game changer in the taxi industry across the globe. Despite their efforts to create 15 000 jobs in South Africa over the next two years, there are threats to the company’s success in Cape Town. Journalist Shandukani Mulaudzi writes about some of Uber’s challenges and successes.

PRO PICK: Impala Platinum- Patience is key

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The outlook for the platinum sector is still positive. Simon Hudson-Peacock, Portfolio Manager of Momentum Asset Management explains why buying impala Platinum shares is a good pick.

OPINION: Could Nigeria become Africa’s Greece?

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Africa should be worried about the future of its top economy. President Muhammadu Buhari is grasping at straws to save the Nigerian economy. Debts of Nigeria’s states are greater than the entire economies of Liberia or Burundi. The burning question is whether Nigeria is to Africa what Greece is to Europe?

COVER: Where is future black wealth going to come from?

This article originally appeared in the 9 July 2015 edition of Finweek. Click on the image above to download.

The amended BEE codes of good practice will help turn thousands of black South Africans into entrepreneurial players instead of economic spectators. Black entrepreneurs and investors venturing into mining, agriculture and infrastructure can now have a piece of the pie that was previously reserved for minorities.

PRO PICK: Tax-free saving- The ideal portfolio

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Tax-free saving accounts were widely supported by the market but they are only effective if the underlying investment strategy is sound, says Craig Gradidge, Co-founder of Gradidge-Mahura Investments.

ENTREPRENEUR: Book Value

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Even though the world is becoming more inclined to accessing books using e-readers, some people still like the smell of a new book and the authenticity of actually turning the page. Andrew Berki, has made a business through selling collector’s books for as much as R30 000. Finweek contributors Mandy de Waal and Jon Pienaar spoke to him about his venture.

NEWS: Mining Wages – Playing a dicy numbers game

Mathunjwa Joseph

As wage negotiations in the mining sector begin, the mining minister Ngoako Ramatlhodi has warned companies against playing a “numbers game”. David McKay writes about some battles that are likely to play out during talks.

MONEY 101: 11 hacks to help you save

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Financial experts give tips on the unconventional ways they save. From fake flowers in your garden to packing your own lunch for work, saving is simpler than you think.

COVER: PSG- The Mouton empire powers on

This article originally appeared in the 2 July 2015 edition of Finweek. Click on the image above to download.

Investment company PSG has grown exponentially in the past 20 years with a market capitalisation of 40b. Finweek contributor Liesl Peyper caught up with group CEO Piet Mouton after the group’s annual general meeting.

PRO PICK: Over a century old, JSE boasts solid track record

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The JSE is seeing good growth across its divisions. Market Analyst Shaun Murison says 130 years later, it remains relevant in the domestic economy.