July 2008 19 Min Read
Introduction Multinational companies with employees worldwide are often faced with the predicament of having occupational pension schemes in different locations, resulting in disparate pools of assets and liabilities across the world. While few new schemes are defined...
July 2008 10 Min Read
Trends in Supply Chain Finance by Phillip Kerle, Chief Executive Officer, Demica Supply Chain Finance – A Background Although definitions of SCF tend to vary, the Aberdeen Group defines it as: “A combination of Trade Financing provided by a financial...
July 2008 3 Min Read
Prioritising Truth and Responsibility by Václav Havel, Former President of the Czech Republic During my career, I have witnessed our lives changing enormously in so many ways. Take the mobile phone, which has become an essential part of our lives. With this small...
July 2008 10 Min Read
Brunei Darussalam: Asia’s Next Leading Location for Treasury Centres? by Rady Roswanddy Roslan Brunei Darussalam is located just off the island of Borneo in South East Asia. Situated between two Malaysian countries, Sabah and Sarawak (where Swinburne University...
July 2008 25 Min Read
Using Money Market Funds during Economic Instability ATEL/TMI Treasury Forum Sofitel, Luxembourg – 19 June 2008 RP Welcome to this special forum hosted by ATEL in which we are joined by some of the most significant players in corporate treasury today....
July 2008 8 Min Read
Mobile Telecoms in Africa – the good news story By MTN Group A media report in May 2008 said it all: “Growth in Africa’s mobile sector has defied all predictions.” The declaration, by US-based Africa Focus Bulletin, captures a widely held sentiment...
July 2008 15 Min Read
A Methodology for Adding Value to Business Unit Performance Through the Management of Financial Risk Variables by Nigel Grey, Treasury Manager, De Beers Group Companies today face a multiplicity of obstacles in their quest to achieve the returns on capital required by...
July 2008 8 Min Read
When Leverage Just Becomes Too Much by Willem Reitsma, Imperial Holdings, and Barry Martin, Debt Capital Markets team, Rand Merchant Bank Following a strategic decision taken by the Imperial Board during 2007, the integrated leasing and capital equipment division,...
July 2008 11 Min Read
By Graeme West, Financial Modelling Agency Employee or executive stock options (ESOs for short) are call options granted by a company to an employee on the stock of the company. These options are part of the remuneration package of the employee. However, they differ...
July 2008 6 Min Read
Using Cash Flow Risk Modelling to Add Value: a case study by Professor Evan Gilbert, Associate Professor (Finance), Graduate School of Business, University of Cape Town Using a Monte Carlo cash flow risk model for a bulk chemicals producer in South Africa we identified...
July 2008 5 Min Read
Market Risk Management: A Brief Discussion by professor Eben Maré, University of Pretoria Multibillion dollar losses in the financial markets over the last two decades have served to focus companies’ attention on management of market risks. In many cases...
July 2008 7 Min Read
The South African Treasurer within the Contemporary Corporate Governance Framework by Vaughan E Firman, Finance Director – South African Operations, Netcare Ltd Jean Renoir’s classic film, ‘La Règle du jeu’ (‘The Rules of the...
