Mondi acquires controlling stake in Turkish listed packaging player for R1.2bn

Mondi has agreed to acquire 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S (“Olmuksan” or the “Company”) from International Paper for a total consideration of €66m. The implied enterprise value on a 100% basis would amount to around €88m. Olmuksan is a leading and well-established corrugated packaging player in […]

Five benefits of trading with cash

While there is a progressive drive towards digital and electronic transactions, the reality is that cash still plays a dominant and valuable role in the South African economy, for both consumers and retailers. That’s according to Mark Templemore-Walters, operations director for Cash Connect, a leading provider of automated cash management and payments solutions. He shares […]

Approaching security differently

By Karl Fischer, DevOps Team Lead at Obsidian Systems With worldwide cybersecurity spending expected to approach $42 billion by the end of this year, businesses are increasingly turning their attention to solutions that feature integrated protection. The proliferation of multi-cloud environments and Shadow IT systems are further driving the need to orchestrate, manage, and create […]

Bridging the gap between HCM & employee relations that matter

In the industrial space, employee relations comprise three critical components which are inextricably linked: employee value propositions, employee wellness, and employee relations. To succeed in the fast-paced economies of today, organisations must employ advanced systems and develop innovative analytics capabilities to ensure these areas flourish. According to René Schoeman, Human Capital Specialist Consultant at LabourGenie.Net, […]

Supply chain management is the vital ingredient needed for Covid-19 vaccine success in South Africa

While President Cyril Ramaphosa has announced that South Africa’s Covid-19 vaccine strategy is well underway, with 20 million doses to be delivered in the first half of the year, this is just the first step, and effective supply chain management will be the key ingredient for a successful vaccine roll out, according to SAPICS, Southern […]

The Power of Consent; the Lynchpin of PoPIA?

The fast and definite approach of the enforcement of the Protection of Personal Information Act (PoPIA) has left many uncertain about the boundaries of consent within this new piece of legislation. To avoid substantial penalties, organisations must have consent for all the data possessed by the organisation. PoPIA was implemented on the 1st of July […]

Managing retrenchments in tough economic times

The CCMA is receiving record numbers of retrenchment referrals, thanks to the pandemic The Commission for Conciliation, Mediation and Arbitration (CCMA) received 28 000 retrenchment cases from May to June 2020 during the lockdown. In August it revealed that it had received 190 large-scale retrenchment referrals and 1 307 small-scale retrenchment referrals in that month alone. While […]