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 PostFor 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 PostThe alcohol ban really has gotten to the point of being ridiculous. The old saying of “cutting off your nose to spite your face” applies here. On one hand, government runs around trying to attract investment. Failing that, we take out loans from international finance organisations to keep the country afloat. On the other hand, we systematically destroy our sources …
View PostBack in March, Capitec suffered a price drop so severe that management released a SENS announcement to try and stop the bleeding. They highlighted that earnings growth still looked reasonable and that only 9% of Capitec’s customers have credit from the bank, so it isn’t the high-risk lender that the market sees it as. They also noted that the bank’s …
View PostClose your eyes. Take yourself back a few months. The date is March 26th 2020. The country watches with bated breath as President Ramaphosa announces a landmark step: the country will shut down for three weeks. Just three weeks. That’s all that would be needed to flatten the curve, save lives and fight this together. R2bn in support is announced, …
View PostThere’s a term in investment banking called “deal fatigue” – from experience, it happens around 6 months into a deal process. That’s usually halfway. Despite numerous late nights and ruined weekends, the parties to the transaction just can’t seem to agree. The whole deal might fall over, taking your bonus with it. You spend every waking hour tweaking the financial …
View PostI have lived in the two most economically important cities in South Africa: Johannesburg and Cape Town. The coffee is different. The weekend activities are different. The night life is incredibly different. Like all cities, they both offer positives and negatives. Nowhere is perfect. Most of all though, the economies are completely different. One is a banking, corporate and industrial powerhouse, …
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