Bruce McDonald of Genuity recently participated in the Durban Chamber Of Commerce and Industry’ “Dragons Den”.
At a media briefing in Sandton today, Thomas Schaefer, Managing Director of Volkswagen Group South Africa (VWSA) announced the next phase of major new investments in the factory in Uitenage, its supplier base and the training of employees for the next generation of products to be manufactured in South Africa.
For more than a decade, the Financial Mail Top Companies report identify not only those companies that performed the best in the previous year by the various measures, but which among them are likely to perform well again and offer investor value rise to the top.
The Apple brand is valued at an astounding US$ 118 billion, Google just behind it at US$ 107 billion, and Coca Cola a little way back at US$81 billion. Even the 100th placed brand, Nintendo, is worth owning – it’s valued at roughly US$4 billion.
With the yearly increases in fuel, the affect is felt by South African consumers and corporates alike. The higher fuel prices exert a strong price inflationary impact on the economy as a whole.
Since 2003 to date, there has been an average increase of 13% year on year. In 2014 we have seen the fuel price increase to over R14 per litre, with the highest cost of R14.39 (Unleaded 95 – Reef) in April this year.