For South Africans, Domino’s Pizza is associated with business failure. Taste Holdings operated the brand in this country under a master franchise agreement and it simply didn’t work. They couldn’t even sell the operation last year; it was put into voluntary liquidation and the assets were auctioned off. It was a sad and sorry end to the Scooters Pizza brand, …
View PostLet’s talk about lux, baby. Luxury, that is. Like the K-shaped recession recovery we witnessed in 2020, in which different groups of individuals recovered from the recession at different paces, a global K-shaped recovery is taking place. Countries with more effective vaccination rollouts and virus control are set for major economic expansion this year, while many others, including South Africa, …
View PostLet’s talk about lux, baby. Luxury, that is. Like the K-shaped recession recovery we witnessed in 2020, in which different groups of individuals recovered from the recession at different paces, a global K-shaped recovery is taking place. Countries with more effective vaccination rollouts and virus control are set for major economic expansion this year, while many others, including South Africa, …
View PostSince its inception, America has grounded itself in its founding ethos: that any American from any walk of life can succeed, as long as they’re willing to put the work in. Or, as it’s more commonly known, The American Dream. At the heart of it is the unshakeable belief in the “fresh start” and reinvention. They’re steadfast that it doesn’t …
View PostMagic Markets co-host Mohammed Nalla took a break this week to deal with a tragic loss in his family, while The Finance Ghost ensured that the show goes on. Mark Tobin is the guest this week, an Irishman who writes about Australian stocks while living in Stellenbosch! This is a rare opportunity to learn about investing in Australia. He may struggle to …
View PostThe world’s biggest streamers are slowly exiting their Cool Eras. Every innovative company eventually goes from being Cool, where every new development they announce is exciting and widely talked about, to Commonplace, where the company is ubiquitous and well-regarded but consumers are satisfied that they’ve seen all the tricks it can offer. That’s the trouble. Commonplace often correlates with stagnation. …
View PostIf the first rule of Fight Club is that you do not talk about Fight Club, the first rule of doing business in China is that you do not talk about China’s shortcomings, lest you risk poking the bear that is the Chinese Communist Party (‘CCP’). Jack Ma has spent the past 8 months learning this lesson, as Alibaba has …
View PostIf the first rule of Fight Club is that you do not talk about Fight Club, the first rule of doing business in China is that you do not talk about China’s shortcomings, lest you risk poking the bear that is the Chinese Communist Party (‘CCP’). Jack Ma has spent the past 8 months learning this lesson, as Alibaba has …
View PostIf the first rule of Fight Club is that you do not talk about Fight Club, the first rule of doing business in China is that you do not talk about China’s shortcomings, lest you risk poking the bear that is the Chinese Communist Party (‘CCP’). Jack Ma has spent the past 8 months learning this lesson, as Alibaba has …
View PostSelf-employment and building a business are not the same things. In both cases, the founders are entrepreneurs and are playing a critical role in the economy. The difference comes in when those founders want to go off and do something else. In a self-employment situation, the founder does all or almost all the work. This is typical of small services …
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