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Invitation to Participate in Engineering News & Mining Weekly's Business Success Stories Feature


Invitation to Participate in Engineering News & Mining Weekly’s Business Success Stories Feature
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As part of celebrating Creamer Media’s 40th anniversary this year, 
Engineering News & Mining Weekly will be publishing a special feature on Business Success Stories. The Business Success Stories feature will record important contributions made by South African entrepreneurs such as Lowveld farmer HL Hall, black agriculturalist Hendrik Manok, and well-known figures like Richard Maponya, Lionel Phillips, Ernest Oppenheimer, Anton Rupert, Raymond Ackerman and Patrice Motsepe. ....

South Africa , South African , Lionel Phillips , Richard Maponya , Patrice Motsepe , Anton Rupert , Ernest Oppenheimer , Raymond Ackerman , Company Name Sector , Products Services , Company Mission , Creamer Media , Engineering News , Mining Weekly , Business Success , Business Success Stories , Hendrik Manok , People Employed , Corporate Achievement , லியோனல் பிலிப்ஸ் , அன்டன் ரூபர்ட் , அர்நெஸ்ட் ஆபெந்ஹைமர் , ரேமஂட் அக்கர்மன் , ப்ராடக்ட்ஸ் சேவைகள் , நிறுவனம் பணி , க்ரீமர் மீடியா ,

What is the purpose of business? - Thought Leader


What is the purpose of business?
By Siyabulela Tsengiwe on 1 May 2021
What Raymond Ackerman, the founder of Pick n Pay said on his 90th birthday regarding the role of business got me thinking. He said it is to do good; care for society and people. In searching for answers to this question, one can draw from two competing theories in business ethics, the stockholder and stakeholder.
Milton Friedman, a leading figure in neoclassical economics, takes a rigid position in his 1970 article, The Social Responsibility of Business is to Increase its Profits: the responsibility of the executive is to maximise profits for the shareholders within the legal framework and ethical code. Friedman states: “In a free-enterprise, private property system, a corporate executive is an employee of the owners of the business. He has direct responsibility to his employers. That responsibility is to conduct the business in accordance with their desires, which generally will be to make as much ....

South Africa , United States , South African , Adam Smith , Tongaat Hulett , Raymond Ackerman , Milton Friedman , Siyabulela Tsengiwe , Edward Freeman , International Trade Administration Commission Of South Africa , What Raymond Ackerman , Social Responsibility , Business Roundtable , International Trade Administration Commission , ஒன்றுபட்டது மாநிலங்களில் , பண்படாமனித இயல்பு ஸ்மித் , ரேமஂட் அக்கர்மன் , மில்டன் ப்ரைட்மேன் , எட்வர்ட் ஃப்ரீமேன் , சமூக பொறுப்பு , வணிக வட்ட மேசை ,

Jean-Pierre Verster on Pick n Pay job well done - but prefers shopping at Woolworths


On the BizNews Power Hour, one of the leading South African hedge fund managers Jean-Pierre Verster dissects the Pick n Pay results and gives a high-level analysis of the food retail sector on the JSE. Jean-Pierre commended Richard Brasher for a solid tenure at the helm, leading the retail giant during a tough macro-economic backdrop where many peers went backwards. Although not overly-bullish on the sector as a whole, Jean-Pierre shares his opinions on the other big-hitters in the sector. – Justin Rowe-Roberts
Jean-Pierre on Pick n Pay’s performance during Richard Brasher’s tenure:
If we look back to the last 10 years between Raymond Ackerman’s age of 80 and 90, I think Richard Brasher has done a very good job. If we take ourselves back to when he joined, roughly eight years ago, there was a lot going on at Pick n Pay. They had just launched the Smart Shopper program, there was a sorting of franchisees, they were moving toward central distribution and they were ex ....

South Africa , South African , Justin Rowe Roberts , Richard Brasher , Pieter Boone , Jean Pierre Verster , Raymond Ackerman , David Jones , Biznews Power Hour , Smart Shopper , Food Retailers , Hedge Fund , Jean Pierre Verster , Pickn Pay , Usiness News , South Africa , ஜஸ்டின் ரோ ராபர்ட்ஸ் , ரிச்சர்ட் பிரேசர் , பீட்டர் பூன் , ரேமஂட் அக்கர்மன் , டேவிட் ஜோன்ஸ் , புத்திசாலி கடைக்காரர் , உணவு சில்லறை விற்பனையாளர்கள் , விளிம்பு நிதி ,

Jean-Pierre Verster on Pick n Pay job well done but prefers shopping at Woolworths


Jean-Pierre Verster on Pick n Pay job well done but prefers shopping at Woolworths
On the BizNews Power Hour, one of the leading South African hedge fund managers Jean-Pierre Verster dissects the Pick n Pay results and gives a high-level analysis of the food retail sector on the JSE. Jean-Pierre commended Richard Brasher for a solid tenure at the helm, leading the retail giant during a tough macro-economic backdrop where many peers went backwards. Although not overly-bullish on the sector as a whole, Jean-Pierre shares his opinions on the other big-hitters in the sector. – Justin Rowe-Robets
Jean-Pierre on Pick n Pay’s performance during Richard Brasher’s tenure: ....

South Africa , South African , Richard Brasher , Pieter Boone , Justin Rowe Robets , Jean Pierre Verster , Raymond Ackerman , David Jones , Biznews Power Hour , Smart Shopper , Food Retailers , Hedge Fund , Jean Pierre Verster , Pickn Pay , Usiness News , South Africa , ரிச்சர்ட் பிரேசர் , பீட்டர் பூன் , ரேமஂட் அக்கர்மன் , டேவிட் ஜோன்ஸ் , புத்திசாலி கடைக்காரர் , உணவு சில்லறை விற்பனையாளர்கள் , விளிம்பு நிதி ,