Monday, January 24
The riots in South Africa (and around the world) show the need for sustainable investment

The riots in South Africa (and around the world) show the need for sustainable investment

With the dust now seemingly settled in the longest and most violent period of intense unrest in South Africa's post-democratic history, companies are looking to rebuild and investors are weighing their options. As they do so, one thing that should be very clear is that a “business as usual” approach will not work. Forget for a moment the motives of those who instigated the violence and looting. Instead, remember that they were able to tap into the deep-seated anger of the poorest people in the country. While opportunistic middle-class looters make big headlines, there's little doubt they were a minority. Fueled by the economic devastation of Covid-19, South Africa's unemployment rate is at a all-time high of 32.60%. The country also remains one of the most unequal countries on the...
Hong Kong Recovery Threatened by Seniors Saying No to Vaccine

Hong Kong Recovery Threatened by Seniors Saying No to Vaccine

Unlike the US, where fringe anti-vaccine groups have pushed resistance to the Covid shots, Hong Kong faces a different challenge. Most of the city's elders are reluctant to get vaccinated, and some point to an unlikely source of hesitation: their doctors. Almost half a year after the territory's vaccination program with freely available vaccines, older people are still staying away, due in part to the advice of very cautious doctors to postpone vaccination if they have chronic conditions that are not yet under control. Doctors appear to have followed suit with a government recommendation from mid-March that came after several post-vaccination deaths were reported and cases of adverse reactions were reported in the first days of launch, although the studies found no links. between dea...
Women take the financial reins when need becomes the ‘mother’ of invention

Women take the financial reins when need becomes the ‘mother’ of invention

"If you want to change the world, help women." Mandela said. As we celebrate National Women's Month, it is clear that women face additional financial challenges brought on by Covid, but they are showing their resilience and innovation in finding ways to recover. Unfortunately, economic inequality, unfair discrimination, lack of support, and limited opportunities to become leadership positions remain a concern for women. The appearance of Covid19 has only increased the challenges in which it has been seen that women have been the most affected by job losses and layoffs. The Old Mutual Claims Statistics Report confirms that 58% of the 2020 layoff coverage claims were paid to women. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary trus...
Gender equality is a business imperative for success

Gender equality is a business imperative for success

There is no doubt that companies increasingly recognize that diverse teams add value to organizations and that companies with high levels of diversity substantially outperform those without. Yet despite the proven business case, many black women continue to face significant income inequality compared to their male counterparts. They also suffer from the absence of support systems and limited opportunities to advance to senior leadership positions. Over the past five years, important factors and forces have emerged and evolved, putting increased pressure on organizations to make further progress. This pressure comes from many directions and few organizations remain intact in any way. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary tr...
Publication of new tax invoices: 5 key proposals

Publication of new tax invoices: 5 key proposals

On July 28, 2021, the National Treasury published the last Draft Tax Law, which incorporates the tax proposals made in the 2021 Budget. Below are 5 key changes proposed by the government that taxpayers should be aware of. Stop ETI abuse - Schemes in which ETI is claimed in respect of people who do not actually work for the employer filing the ETI claim have drawn the attention of the Government. To curb these practices, the definition of "employee" will be changed to ensure that the substance of the employment relationship will determine eligibility for the ETI claim, as opposed to its legal form. The proposal will be considered to have retroactive effect, as of March 1, 2021. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary trust too...
Reddit crypto traders rush to seek riches ahead of Wall Street invasion

Reddit crypto traders rush to seek riches ahead of Wall Street invasion

Matthew Tweed is a long way from Wall Street traders. The 20-year-old finished high school just two years ago, never went to college and works from his room in the family home in Surrey, England. However, thanks to the fragmented new world of crypto, Tweed is creating markets in Bitcoin derivatives with his sole proprietorship, which is connected to two of the largest exchanges, alongside hedge fund professionals. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary trust tools, our award-winning articles, and support quality journalism in the process. After learning how to build algorithms from an outsider on Reddit, he's trying to get rich on digital currencies before more institutional players enter the industry in droves. "I ...
For the first time in the world, South Africa grants a patent that includes AI as inventor

For the first time in the world, South Africa grants a patent that includes AI as inventor

At first glance, a South African patent recently granted Relating to a "fractal geometry-based food container" seems pretty mundane. The innovation in question involves interlocking food containers that are easy for robots to grasp and stack. On closer inspection, the patent is anything but mundane. That is because the inventor is not a human being, it is an artificial intelligence (AI) system called DABUS. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary trust tools, our award-winning articles, and support quality journalism in the process. DABUS (which stands for "device for the autonomous start of unified sensitivity") is an artificial intelligence system created by Stephen Thaler, a pioneer in the field of AI and program...
China’s ban on pineapples from Taiwan fails as new buyers enter

China’s ban on pineapples from Taiwan fails as new buyers enter

China's surprise ban on pineapple imports from Taiwan five months ago was widely seen as an attempt to undermine President Tsai Ing-wen's position with a political constituency. Trade data shows that the measure has produced anything but the desired effect. First-half figures compiled by the Taiwan Council of Agriculture show that growers of the fruit on the island have fared better since China blocked imports from March 1, as sympathetic Japanese buyers stepped in to provide support for. Shipments to Japan increased more than eight times to 16,556 tonnes in the four months to June from the previous year. A national campaign to boost demand also helped. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary trust tools, our award-winning a...
How Communists Have Shaped SA History For 100 Years

How Communists Have Shaped SA History For 100 Years

Until recently, living to be 100 was an achievement worth celebrating on its own. In England, new centenarians receive a special card from their queen. Perhaps the same convention is held in South Africa and its Communist Party Approximately 300,000 members can look forward to a birthday message from South African President Cyril Ramaphosa in his centenary. Or maybe not. In any case, they have more to celebrate than the extreme old age of their party, although under often difficult conditions, survival in itself is an achievement. Next to the 109-year-old ruler African National Congress (ANC), the Communist Party of South Africa is the second oldest political organization in Africa. But the South African communists did more than outlive their rivals and opponents. They can make r...
The era of cheap natural gas ends when prices rise by 1000%

The era of cheap natural gas ends when prices rise by 1000%

The era of cheap natural gas is over, ushering in a far more expensive energy era that will create a ripple effect on the world economy. Natural gas, used to generate electricity and heat homes, was plentiful and cheap for much of the past decade amid a boom in supplies from the United States to Australia. That came to a halt this year when demand drastically outpaced new supply. European gas rates hit a record this week, while liquid fuel deliveries to Asia are close to an all-time high for this time of year. WELL-INFORMED PERSONGOLD Subscribe to get full access to all of our shared data and unitary trust tools, our award-winning articles, and support quality journalism in the process. With few other options, the world is expected to rely more on cleaner burning ga...