Opinion By Mutisunge Zulu 3 Key Pointers: #themarketbrain
Private Credit – An Existential Threat to Banks in Mining?
By Tshepo Magagane YES! Project Finance as a product is already under pressure from increasing regulations – why you have seen so many banks exit sectors such as aircraft/shipping – they could simply not extend the tenors of 7-10 years that were required. PF in mining normally has tenors of c5yrs – this is increasingly […]
Position vs. Purpose: Why Your Worth Isn’t Tied to a Job Title.
Penned by James Chona Many of us have experienced it and I am actually experiencing it as we speak– the phone calls slow down after leaving a role or position. Suddenly, those connections seem to fade, and it feels like our relevance is tied to that important position we once held. People who once called […]
Do You Really Work Well Under Pressure?
The modern man’s CV is thing of beauty, isn’t it? Among the gems are standard lines like being ‘a team player’, ‘working well under pressure’ and ‘a results-oriented individual’. Quite nice. So, how does this play out in real life? The duality of modern man is that he has to be an undertaker during the […]
Hostility Towards Capital
Opinion by Tshepo Magagane Carried interest (NB: The UK has always had rule of law, unalienable property rights and good schools, the “trifecta” for capital) – I think the best line was from an MP of a key fund a few months back “we have people in offices around the world, so it wont be […]
Africa is Going to Miss Out on the Transition
Authored by Tshepo Magagane Africa is going to miss out on the Transition – I am more certain of it as each day passes! These institutions were not built with Africa’s development agenda an objective – the shock feigned shock horror from Africans is puzzling! What you should be more concerned about are institutions on […]
Gold – Premium to NAV
By Tshepo Magagane Since I started being trained in M&M 2 decades back, Gold companies always commanded a huge premium to NAV/NPV NAV/NPV is simply the Discounted CashFlows over Life of Mine! NAmerican operating companies used to command a 2.5-3.0x Premia over their NAV/NPV; SAfrica will all the “perceived issues” would command 1.8-2.0x! There was […]
Do We Need a Better World Bank
Commented by Tshepo Magagane No country develops on loans – not a single one has ever done so – let us stop conflating Equity which builds Companies and Debt (which can be used when producing and have the base in place) The Financing needs for Africa are vast Financing does not mean Loans You need […]
What’s The Equivalent of Flowers For Men?
Universal wisdom dictates that getting flowers for a woman is a small but meaningful gesture to show how much you care about her. So, then, what’s the common practice when it comes to appreciating a man? Do we even notice when we’ve been shown some love or appreciation? Let’s not lie to each other, we […]
50% of Africa’s GDP comes from 5 Countries
BY TSHEPO MAGAGANE Why it is so important to get the mining and industrial policy right for the Transition for African countries! Countries such as Zambia and DRC have an opportunity with just Copper to go from USD6bn / USD20bn revenue markets to USD60bn – USD100bn revenue markets. In the discussion, it is important to […]