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About 50km outside of Cape Town lies the beautiful town of Stellenbosch, nestled against vineyards and blue mountains that stretch to the sky. Here reside some of South Africa's wealthiest individuals: all male, all Afrikaans – and all stinking rich. Johann Rupert, Jannie Mouton, Markus Jooste and Christo Weise, to name a few. Julius Malema refers to them scathingly as 'The Stellenbosch Mafia', the very worst example of white monopoly capital. But who really are these mega-wealthy individuals, and what influence do they exert not only on Stellenbosch but more broadly on South African society? Author Pieter du Toit begins by exploring the roots of Stellenbosch, one of the wealthiest towns i...
A comprehensive work based on personal interviews and insider knowledge - bound to become a classic.
Apartheid South Africa was often thought to run in the interests of the business elite. Yet 27 years after apartheid, those business interests remain largely entrenched. Why? Did the South African business community play a role in engineering this outcome – perhaps recognising the apartheid era was over, and jumping ship in time? Conversely, the mission of the ANC was widely perceived to be to shift wealth and power into the hands of the whole community. Yet despite ‘black empowerment’ measures, corporate ownership remains largely in white hands – and certainly in the hands of an elite few, even though no longer restricted to whites. This picture is replicated across the global south...
The stock market is the golden goose that the rich rely on to stay rich. That’s why so many people believe that the stock market is an exclusive club, or that only professionals understand it well enough to succeed. But those days are long gone, and investing is more accessible than ever, as The Wise Investor proves. In this book, bestselling author Moroka Modiba demystifies and simplifies investing in the stock market, lifting the curtain to reveal how straightforward it can be. The secret is already out there: buy low and sell high. The big questions are what to buy and when to buy. This book provides those answers and many more, using ordinary language to teach you to make informed inve...
On 5 December 2017 the Steinhoff group was still worth R199 billion. 24 hours later more than R160 billion of this fortune was wiped out. The Steinhoff empire, that took 20 years to build into an international business giant, had crumbled overnight. Markus Jooste, Steinhoff’s flashy CEO, resigned via sms and has since been fleeing an avalanche of scandals and accusations: luxury homes for a blonde mistress, allegations of fraud, racing horses and unparalleled extravagance, a lavish, black Jaguar for an old university residence”¦ What exactly happened here? Who knew what? What is Steinhoff, who is Markus Jooste and what does it all have to do with the so called Stellenbosch mafia? Where ...
In Never Waste a Good Crisis, twenty-one of our top business leaders share their leadership philosophies and personal success stories. They talk candidly about doing business in the wake of Covid-19 and the many challenges, both personal and professional, that leaders in corporate South Africa face. Is leadership an art? Can you learn it? Can anyone be a leader? How do leaders deal with obstacles? These leaders’ lessons and stories will inspire, encourage and challenge all who want to hone their leadership skills or have their sights set on the top of the corporate ladder.
From the 1960s, Maritz Spaarwater was an intelligence agent for the South African government, first for Military Intelligence and later for National Intelligence. In the late 1980s, he was among the first to start official discussions overseas with the exiled leadership of the ANC, and he became involved in the negotiations that led to the 1994 election. This is his story. A Spook’s Progress plays out in a range of locations, from army bases in Namibia to the NIS offices in Pretoria, from the dusty streets of Freetown to the luxury of Geneva. Threaded through the narrative are encounters with people such as Sam Nujoma, Kenneth Kaunda, Niel Barnard, Roelf Meyer, Chris Hani, Thabo Mbeki and Jacob Zuma. An honest depiction of day-to-day life as a spy, the book delves into the relationship between intelligence agents and their political masters and reveals their behind-the-scenes role in facilitating the transition. At times serious, at times ironic and satirical, A Spook’s Progress is a fascinating and frank account of an intelligence agent’s life and work, and his shift from making war to making peace.
“This book was born out of an idea that I had during the period in which I spent time with several young people who had approached me to assist them in different ways, including personal development, career advancement and growth, as well as growing their businesses and entrepreneurial acumen and skills. I took the challenge but felt that more could be achieved, hence this book. The chapters in this book are written by each one of these young people. They chose the topics, guided by me, and the plan was to simply convey a message from each one of them about leadership. They did not do this for fame or to sell this book to make money, but to share their ideas. The topics covered in this book will appeal to different readers, and some readers might find more lessons in one chapter or in more chapters than one. I urge each one of you who read this book to pick one or a few lessons and share it with those you wish to make a difference to. Mentorship of young people is critical, but this does not mean that the mentors will provide handouts in the form of money. People who wish to grow, are not interested in money, they are interested in a piece of your generous heart.” - Mike Teke
The base of the pyramid (BOP)--the largest socio-economic group, but which also has the lowest income--is the subject of increasing attention in business practices worldwide, the current shift of which is toward creating a more sustainable market. That trend is thoroughly detailed in this helpful guide to understanding and succeeding in BOP business. Utilizing case studies from South Africa, the book demonstrates that in South Africa, around 60 percent of the population is not served or underserved by current business, with similar comparisons existing globally. The book offers strategies for tapping the significant new market both effectively and ethically, and showcases pioneering BOP businesses as well as the failures--giving special focus to what makes an approach sustainable. Also included are interviews with more than 40 top players, and the case studies include Nestlé, Danone, Walmart, Blue Label Technologies, and Capitec.