Wealth tax pointless if wasteful expenditure continues

February 18, 2017
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The general consensus with respect to Minister Pravin Gordhan’s budget is that it is well balanced, professional and the best that could be done under extremely challenging circumstances. Whilst all of this is true, it remains hard not to be somewhat disappointed with the national economic trajectory. With the creation of a new marginal tax.. read more →

Redressing inequality in SA through skills development and entrepreneurship

January 30, 2017
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Inequality emerged as a major theme at the 47th World Economic Forum in Davos, and remains a pressing concern globally and in SA. Research shows that eight individuals own as much as 50% of the global population, and closer to home, three individuals’ net wealth is equivalent to the poorest 50% of South Africans. Approximately.. read more →

Smart Cape Town: using technology to deliver value

November 30, 2016
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Cities are the future, but they will be put under great strain to adapt their infrastructures and services to cope with predicted population growth and increasing urbanisation. Fortunately, in tandem with these trends, technology is evolving, with the introduction of new technology and increases in processing capability and lower unit costs, all playing a role. .. read more →

Local Government Elections 2016: SA needs a peaceful and disciplined election process

August 1, 2016
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Last month, days of looting and violence in Tshwane sent an anxious shiver down the spine of corporate South Africa. The eruption of mass violence and looting following the ANC’s announcement of its mayoral candidate for Tshwane was cause for grave concern as it created the impression of a ruling party at war with itself… read more →

Ratings Downgrade Averted: What Now?

July 7, 2016
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South Africa was spared a sovereign credit ratings downgrade in June by the three major ratings agencies on the basis that we had sound plans in place to get our economy back on track. The sterling efforts by National Treasury, in partnership with large corporate leadership, were sufficient to convince ratings agencies that we understood.. read more →

Poor Transformation Choices Limits Economic Development

June 7, 2016
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Minister of Sports and Recreation, Fikile Mbalula’s recent decision to ban Athletics South Africa (ASA), Cricket South Africa (CSA), Netball South Africa (NSA) and South African Rugby Union (SARU) from hosting and bidding for major sporting events has certainly been a controversial choice. This comes as a consequence of these federations not meeting their own.. read more →

PPPs and effective partnering – how government and business should work better 

April 19, 2016
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Public-Private Partnerships have been touted as the solution to South Africa’s onerous infrastructure development needs. However, a typical PPP, as per Treasury Regulation 16 to the Public Finance Management Act, has no less than six distinct phases with approval gates at each stage. Add to this the likelihood that significant investors could be foreign nationals.. read more →

Cape Health Technology Park set to boost regional economy

December 1, 2015
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The economic impact of the proposed Cape Health Technology Park (CHTP,) during its construction phase, could be transformational with R1.57bn contribution to the economy; 2,000 direct jobs; and 4,165 indirect and induced jobs added to the national economy, based on a construction investment of R757m. During its ten-year operational phase, the CHTP is set to.. read more →

Introducing our new CEO, Ryan Ravens

August 19, 2015
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We are pleased to announce the appointment of our new CEO, Ryan Ravens, effective 1 September 2015. Ryan has extensive experience in leadership positions in the public and private sectors having joined Accelerate Cape Town from his role as CEO of consulting company, TetraPlex. Investments of TetraPlex include R-Squared Project Advisory (Pty) Ltd, a project lifecycle consultancy; ProjectCloud (Pty).. read more →

Home Affairs intent on talking while visa regulations perpetuate cycle of poverty

July 17, 2015
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Much has been written and said about the Department of Home Affairs (DHA’s) current visa regulations. Most recently, the DHA’s Deputy Minister, Fatima Chohan, engaged business people at a public session hosted by Wesgro where a number of concerns were raised. In this session, the Deputy Minister promised ongoing dialogue and consultation, but there still.. read more →