http://www.gibs.co.za/ Finance en-us Thu, 17 May 2012 11:50:03 GMT Thu, 17 May 2012 11:50:03 GMT http://www.gibs.co.za/ WebEasy.net swarts@gibs.co.za (Administrator:) swarts@gibs.co.za (Administrator:) http://www.gibs.co.za/igibs_1/igibs/links/finance-how-bean-counters-can-become-bean-growers.aspx Cutting-edge financial-performance analysis demands that the analytical process be forward looking. 405812 Tue, 10 Apr 2012 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/finance-what-does-dividends-tax-mean-for-business.aspx The dividends tax has now replaced the Secondary Tax on Companies (STC). For South African tax resident companies, this has a number of implications. 405688 Wed, 04 Apr 2012 00:00:00 GMT http://www.gibs.co.za/imn.aspx Information Management Network is proud to bring their global portfolio of unparalleled investment management conferences back to Cape Town, South Africa. The conference will bring together the leading players in the African institutional and retail investment communities from around the world. 404935 Wed, 14 Mar 2012 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/finance-testing-the-limits-of-diversification.aspx This strategy can create value, but only if a company is the best possible owner of businesses outside its core industry. 404567 Wed, 07 Mar 2012 00:00:00 GMT http://www.gibs.co.za/savcafoundationprogramme2012.aspx GIBS, in partnership with SAVCA (South African Venture Capital Association), will be holding their annual, three day executive foundation programme in venture capital and private equity from 18 - 20 July 2012. This extremely popular three day programme will provide a learning foundation of venture capital and private equity processes, highlight key analytical tools used by practitioners and provide insights into the practical challenges and strategic opportunities in the industry. 402841 Thu, 26 Jan 2012 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/sustainability-the-giving-report-2010-by-boe-private-clients.aspx A survey on the philanthropy practices of High Net Worth Individuals in South Africa. 402561 Fri, 20 Jan 2012 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers-_1.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 401243 Fri, 18 Nov 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers-_2.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 401252 Fri, 18 Nov 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/sustainability-the-future-of-climate-change-finance-under-the-looking-glass.aspx Climate change finance is a hot topic on the lips of various international leaders, experts on climate and finance gurus alike. Investors are eager to get a slice of the cake as the emerging green economy will play a prominent role in the financial market, fuelled attempts to mitigate the global impact of climate change by the global community. 398918 Sun, 23 Oct 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/sustainability-switch-to-green-economy-will-be-painful-.aspx South Africa's economy will need serious restructuring if the country is to successfully manage its carbon emissions, MPs heard on Wednesday. The switch to a greener economy was going to be painful, environmental affairs portfolio committee chairman Johnny de Lange said after the National Treasury briefed the committee on the introduction of a carbon tax. 398917 Sat, 22 Oct 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/finance-a-plea-for-responsible-finance.aspx Why many of today's financial models are flawed 398897 Fri, 21 Oct 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/supply-chain-financial-management.aspx Finance and financial measures in a supply chain context are of significant importance. The cost of providing supply chain products and services not only affects the marketability of a product but also impacts profitability. The modern systems approach emphasises the need to examine cost implications of decisions affecting the supply chain to all supply chain functional areas as well as other functional areas of the company. 398248 Tue, 11 Oct 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/strategic-finance-and-value-creation.aspx The link between strategy and finance is central to business decision making. In this programme we will consider several aspects of how strategy and finance can interact, and how value can be created in the process. The main focus will be upon corporate finance and value creation. 398147 Mon, 10 Oct 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers_10.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 397752 Mon, 03 Oct 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/financial-analysis-for-optimal-value-.aspx This programme will enable participants to create and understand Excel-based valuation models and will provide hands-on experience in building models to help you understand the valuation process so that you can formulate efficient and transparent analyses to optimise your organisation’s decisions. 397777 Mon, 03 Oct 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/career-insight-forum/finance-career-insights_2.aspx The Career Insights forums are designed for those who have already embarked on a career in a specific sector and are asking ‘what’s next in my career?’ 396300 Fri, 02 Sep 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers_9.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 395376 Tue, 16 Aug 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/gold-price-bubble-unlikely-to-burst-.aspx The rising gold price is not a bubble that will burst anytime soon, Mercer Investment Consulting executive director Louis Boulanger says 394854 Thu, 04 Aug 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/sas-image-problem-scares-investors-away.aspx The latest Unctad (United Nations Conference on Trade and Development) World Investment Report has found SA lags in attracting foreign direct investment... 394669 Mon, 01 Aug 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/dynamic-markets-chinas-currency-conversion.aspx Now that multinationals can trade with Chinese customers and suppliers in renminbi, CFOs have a new option to weigh. 394436 Tue, 26 Jul 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/finance-after-a-360-degree-assessment-a-180-degree-turnaround.aspx An organizational assessment can help a struggling company get back on track. 394438 Tue, 26 Jul 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/finance-the-making-of-a-daredevil-ceo-why-stock-options-lead-to-more-risk-taking.aspx Stock options are a critical element of CEO compensation -- making up one quarter of total pay for executives these days. 393437 Thu, 07 Jul 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/nationalisation-debate-worries-investors.aspx The debate about nationalisation of SA's mines is damaging investor confidence in the country and could hinder companies' ability to raise capital towards sustaining or growing production. 393054 Wed, 29 Jun 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/brics-must-unite-in-a-bid-for-the-top-imf-job-.aspx Dominique Strauss-Kahn's resignation as head of the International Monetary Fund (IMF) has unexpectedly presented the Brics group (Brazil, Russia, India, China, SA) with it first true "stress test" as a globally recognised coalition of emerging powers in a new world order 392098 Thu, 02 Jun 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/lord-levene---lloyds-is-a-market-and-not-a-company.aspx Lord Peter Levene, chairman of Lloyd’s, the world’s leading specialist insurance and reinsurance market, said at a GIBS Forum last week that the unique business model of the 300-year-old Lloyd’s has changed dramatically over time. 391829 Mon, 23 May 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/5-tips-for-talking-to-investors.aspx Make sure your growing company gets the funding it needs by perfecting your pitch. 391651 Tue, 17 May 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/a-useful-but-very-difficult-concept.aspx The principle of core ED is that firm and micro business exist in a symbiotic relationship where each is invested in the success of the other. 391538 Fri, 13 May 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/does-sa-have-a-brics-gameplan.aspx Speaking at a GIBS Forum, Old Mutual SA and Emerging Markets CEO Kuseni Dlamini put forward an optimistic, yet realistic view of the possibilities and potential pitfalls of the membership both for South Africa and the rest of the African continent. 391480 Thu, 12 May 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/conferences/unlocking-value-in-an-uncertain-future.aspx Join GIBS and CFA South Africa at this two-day conference as we present a blend of leading international and local industry experts to share their insights on today’s most critical investment issues. 391384 Wed, 11 May 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/maria-ramos-adapt-or-die.aspx In an engaging and thoughtful address, Ramos stressed the need for innovation, actionable strategy and adaptability in business. 391414 Wed, 11 May 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/the-culture-of-financial-entitlement.aspx What is right and what is wrong? 390432 Wed, 06 Apr 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/upcoming-new-auditing-standards-will-harmonise-global-auditing-voices.aspx New standards in the financial reporting arena are looming, largely in response to the needs of the evolving regulatory reporting landscape. 389961 Fri, 25 Mar 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/cfos-exit-restating-companies-study-finds.aspx But they overwhelmingly tend to resign rather than get fired, companies report. 389969 Fri, 25 Mar 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/fat-cats-and-fall-guys-.aspx When CEOs live large, CFOs risk paying a price. 389971 Fri, 25 Mar 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/personal-finance-series/complete-personal-finance-series-sessions-1---5.aspx This series of seminars is aimed at aspirational individuals, professionals, executives, and entrepreneurs who require a deeper understanding of the personal financial planning process and the key considerations surrounding this. 389773 Tue, 22 Mar 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/personal-finance-series/session-5-of-personal-finance-series-wealth-management-and-investment-planning.aspx This series of seminars is aimed at aspirational individuals, professionals, executives, and entrepreneurs who require a deeper understanding of the personal financial planning process and the key considerations surrounding this. This is the fifth session in the series and this session covers Wealth Management and Investment Planning. 389700 Tue, 22 Mar 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/personal-finance-series/session-3-of-personal-finance-series-wills-trusts-and-life-insurance.aspx This series of seminars is aimed at aspirational individuals, professionals, executives, and entrepreneurs who require a deeper understanding of the personal financial planning process and the key considerations surrounding this. This is the third session in the series and this session covers the topic of Wills, Trusts and Life Insurance. 389683 Mon, 21 Mar 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/personal-finance-series/session-1-of-personal-finance-series-understanding-financial-planning.aspx This series of seminars is aimed at aspirational individuals, professionals, executives, and entrepreneurs who require a deeper understanding of the personal financial planning process and the key considerations surrounding this. This is the first session in the series and this session covers the topic of Understanding Financial Planning. 389648 Fri, 18 Mar 2011 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/personal-finance-series/session-2-of-personal-finance-series-estate-and-financial-planning.aspx This series of seminars is aimed at aspirational individuals, professionals, executives, and entrepreneurs who require a deeper understanding of the personal financial planning process and the key considerations surrounding this. This is the second session in the series and this session covers the topic of Estates and Financial Planning. 389651 Fri, 18 Mar 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/new-companies-acts-proposed-points-system-for-audit-exemptions-contain-unforeseen-risks.aspx The new audit points system contained in the recently-released 2008 Companies Act draft should be re-examined as it might place some companies and the public at risk. 389544 Wed, 16 Mar 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers-.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 389295 Fri, 11 Mar 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/the-new-financial-matchmakers-.aspx The rise of private market networks is changing the capital markets and opening up new opportunities for business leaders and innovators. 388934 Mon, 07 Mar 2011 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/the-new-brics-on-the-block-which-emerging-markets-are-up-and-coming.aspx Building on the foundation of the well-known BRIC countries -- Brazil, Russia, India and China -- a new set of up-and-coming emerging markets is gaining attention. 387109 Mon, 24 Jan 2011 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers_8.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 386284 Mon, 06 Dec 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/the-ceos-guide-to-corporate-finance.aspx Four principles can help you make great financial decisions--even when the CFO's not in the room. 385532 Wed, 17 Nov 2010 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers_7.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 385566 Wed, 17 Nov 2010 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/advanced-valuation-techniques_1.aspx To be able to make correct and effective financial decisions, whether investment, acquisition, strategic, or other, the finance executive or finance professional must be able to interpret and perform a robust and accurate valuation of an organisation or project. This course will present the needed tools and concepts to enable the delegates to perform and interpret these valuations. 385001 Tue, 09 Nov 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/dope-dopes-and-dopamine-the-problem-with-money-.aspx "We can't control our greed," the CEO acknowledged, in a rare moment of candor and insight. "You should regulate us more." 384063 Wed, 27 Oct 2010 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers_6.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 383712 Tue, 19 Oct 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/skewering-skus.aspx When Wal-Mart emptied its shelves, consumers took their business elsewhere. 382730 Thu, 30 Sep 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/financial-services-the-need-for-visual-privacy-white-paper-.aspx Whether it is being stored, transmitted or viewed, the protection of sensitive customer data and internal financial statements is non-negotiable. 382185 Tue, 21 Sep 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/add-a-new-months-data-to-existing-chart.aspx Three easy methods to update trend data without recreating the whole chart. 381748 Mon, 13 Sep 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/retention-bonus-%e2%80%93-or-bust.aspx A recent retention award to a CFO raises some questions about the effectiveness of such bonuses. 381337 Wed, 01 Sep 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/trouble-looms-for-company-websites.aspx Companies are moving slowly to perform upgrades that will make their sites accessible to those with new Internet connections in 2011. 381355 Wed, 01 Sep 2010 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/conferences/gibs-savca-advanced-programme-2010.aspx The focus of this programme is on the regulatory developments in private equity locally and internationally. As the pendulum internationally swings towards greater regulation of the private equity industry, how are these trends playing out in South Africa? Will the after effects of the global economic crisis prompt more regulator involvement? 381066 Thu, 26 Aug 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/have-risk-management-cuts-gone-too-far-by-david-m-katz_1.aspx During the recession, companies slashed their risk costs by 3.1%, a recent study found. As a result, a major catastrophe could test their ability to respond. 379778 Wed, 28 Jul 2010 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/conferences/recover-rebuild-refocus---strategies-for-an-uncertain-future.aspx Join CFA South Africa and GIBS for an exciting two-day programme offering top speakers with a local flavour and internationally respected experts. 379510 Tue, 20 Jul 2010 00:00:00 GMT http://www.gibs.co.za/news-and-events/news-and-events_1/gibs-news/returns-on-wc-only-seen-in-10-years-says-expert-imraan-karolia-.aspx A business expert said on Tuesday the return on investment from the 2010 World Cup would only be seen in about ten to fifteen years’ time. 379283 Wed, 14 Jul 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/next-money-how-stocktwits-changes-trading-by-dan-macsai-.aspx Inside the Internet's first financial-news network -- a mashup of CNBC, the Bloomberg terminal, and the real-time Web. 379285 Wed, 14 Jul 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/how-the-public-and-private-sector-could-work-together-to-thaw-a-future-credit-freeze-.aspx In an economic downturn, dealing with macroeconomic pressures is bad enough. But financial institutions add to their woes, experts say, by refusing to provide capital to worthy businesses because they fear other lenders will also cut back. In the end, banks create a credit shortage that does even more to extend the crisis and delay recovery. 379103 Thu, 08 Jul 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/the-sustainability-imperative-by-david-h-lubin-and-daniel-c-esty.aspx The article discusses the concepts of business megatrends and of sustainability which can limit companies' capacity to create value for consumers. Topics include venture investment in clean technology and sustainability programs, externalities that can affect a business' competitiveness, and the shift in consumers' preferences toward efficiency which led to Total Quality Management. The five areas where companies must excel in sustainability such as leadership, management integration, and communication are discussed. The four stages of value creation are also discussed. The development of management strategies based on information technology innovations is noted. 378411 Thu, 17 Jun 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/book-reviews/eva-and-value-based-management-a-practical-guide-to-implementation-by-s-david-young-and-stephen-f-obyrne.aspx Economic Value Added (EVA) and Value Based Management (VBM) are today's hottest management buzzwords. But written information has often been biased and clouded by the authors' hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions. 378130 Mon, 07 Jun 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/book-reviews/financing-the-future-market-based-innovations-for-growth-by-franklin-allen-and-glenn-yago.aspx Financial innovation has become crucial to driving global economic growth and improving society, but, as the past few years have demonstrated, when financial innovation is misunderstood or mismanaged, it can have disastrous consequences. In this practical, accessible book, two renowned experts explain how sophisticated capital structures can enable companies and individuals to raise capital in larger amounts for longer terms and at lower cost, bridging capital gaps and accomplishing tasks that would otherwise be impossible. 378132 Mon, 07 Jun 2010 00:00:00 GMT http://www.gibs.co.za/igibs_1/igibs/links/the-brave-new-world-of-sovereign-wealth-funds.aspx Sovereign Wealth Funds, the large investment funds supported by governments, are mostly a positive economic force that can provide a shot in the arm to the companies -- and countries -- they invest in. They are also a stabilizing force for the nation where the investment originates. 378139 Mon, 07 Jun 2010 00:00:00 GMT http://www.gibs.co.za/programmes/corporate-education-executive-programmes/short-courses/finance-for-non-financial-managers_5.aspx The Finance for Non-financial Managers course empowers managers to more effectively communicate with accounting and finance people and to better understand the financial aspects of business decisions. Many operating managers have had limited exposure to financial data, are afraid of accounting statements and need to know more about this important business function. This course aims to "lift the veil". 372187 Mon, 07 Dec 2009 00:00:00 GMT