It’s all systems go for the new retirement system, which allows employees to draw from their pension funds without the same penalties as before
Rather than ebbing, crime levels continue to rocket — which is making the country less investable
NMU’s maritime-related degrees focus on ports and shipping management
Researchers have found that 96% of global health conferences happen in high- or middle-income countries. Fewer than four in 10 attendees at these gatherings are from poorer nations that have the ...
A new precinct planned around the high court in Joburg is yet another plan to fix the decayed CBD. But can this work, where previous plans haven’t? And can it really lure the lawyers back from ...
Snap Inc has lost nearly 80% of its value this year. After trading higher than $83 in September 2021, the share price is now below $10, a whopping 88% drop from peak to current levels. This isn’t a fraud or a scandal; it’s just a business that is symbolic of the poor commercial decisionmaking in far too many tech companies.
The cause of this discontent is the use of the price/sales multiple, a measure that reads the first line of the income statement and then ignores the rest. Used by venture capitalists and investors in listed tech firms, it encourages all the wrong kinds of behaviour. “Growth at all costs” isn’t a strategy that the accountants would approve of. With unsustainably large cost structures and a world that no longer has free money falling out of the sky, there are listed tech firms that are looking incredibly vulnerable...
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