AN

Creator

Ann Crotty

Ann Crotty has decades of experience in writing about business and corporate governance. She is now a writer-at-large contributing to the Financial Mail.

The madness of Bloisi’s $100m moonshot deal

The Prosus remuneration committee’s $100m moonshot deal for CEO Fabricio Bloisi doesn’t make much sense to most shareholders

All but hidden from the public eye, the system at the heart of the relationship between the Spar Group and its independent retailers was long a source of strength — but it’s part of the tensions tearing the two sides apart

How Spar hit its iceberg

Spar South Africa seemed on the way to international success but the debt resulting from those acquisitions now threatens its existence.

Jetro Restaurant Depot, offers three great lessons of entrepreneurship. Find a niche; serve it properly; and then just keep doing it, with religious consistency, for decades.

Jetro, and the deep value in being gloriously unglamorous

Sysco's $29.1bn purchase of Jetro has revealed just how successful Natie Kirsh's US business model has been. Jetro is the No 1 player in its sector, servicing small restaurants,…

Picture: 123RF/80869348

ANN CROTTY: In the dark on greylisting

Indifference and ennui by South Africa’s politicians and prosecutors pose a danger

Can AGMs be saved from big shareholders?

Thirty years after the revitalisation of the AGM, large institutional investors are opting to eschew the event, preferring to engage with company boards behind closed doors…

Building bridges: The government plans to increase public-private partnerships to develop infrastructure. Picture: Michael Pinyana

Treasury is open to business

Treasury gets a foothold in pushing for the business sector with dramatic new proposals

Picture: 123/RF

South Africa is slowly fixing its greylist problems

15 of the country’s 20 deficiencies in terms of FATF compliance have been rerated as no longer deficient

Boards must interrogate their own composition with honesty. Picture: 123RF/sophiejames

ANN CROTTY: Company governance regulations have achieved little

Ticking the boxes required by the King report hasn’t prevented corporate collapses, because enforcement is lacking

Picture: Ronan Darby/Pixabay

ANN CROTTY: How Ireland went from sick man to rich man

But the Irish have to pay for the privilege of living in a wealthy country

MultiChoice: Has terminated discussions with Canal+. Picture: Supplied

French connection: the battle for MultiChoice

The smart money says the pay-TV group's rejection of Canal+ is not the end of a long courtship

Elon Musk: ‘Unfathomably’ big pay award. Picture: LEON NEA/REUTERS

ANN CROTTY: How to forfeit $55.8bn

Reports of the billionaire’s drug use suggest he has gone from maverick to feral — as has governance at Tesla

Bill Gates. Picture: BLOOMBERG

ANN CROTTY: Good intentions open Gates to hell

The Microsoft co-founder’s foundation might not be such a knight in shining armour

Picture: 123RF/kanhj103

New pay rule to squeeze boards

The supposedly final version of the Companies Amendment Bill is in play — but the business community is likely to be less than enamoured with its stipulations around the…

Ascendis Health plans to delist from the JSE as aims to unlock value and pursue growth more flexibly. Picture: SUPPLIED

Showdown for Ascendis

The Ascendis soap opera is not yet over — but minority investors may still have their say as the company is forced to re-write a buyout offer

A Royal Mail postbox in Manchester, northern England. Picture: REUTERS

ANN CROTTY: Time for a state capture inquiry in Britain

UK’s Post Office scandal exposes Britannia’s rule

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ANN CROTTY: Who do we call? Corruption Busters

A US government department is South Africa’s good friend when it comes to our crooks

Dedicated: Helicopters help extinguish a fire over a mountain at Simon’s Town in December. Picture: Reuters/Esa Alexander

ANN CROTTY: We need an Economic Firefighters party

If only we had a government one-tenth as efficient and committed as the people who fight wildfires in the Cape

Khalid Abdulla: Censured and fined. Picture: Hetty Zantman

JSE puts Sekunjalo companies on notice

Shareholders of Ayo and AEEI have been told that the JSE will suspend the shares if the companies do not release their annual reports by January 31

Outgoing Saica CEO Freeman Nomvalo. Picture: ALON SKUY

ANN CROTTY: Saica not invested in investigating

Saica crows about a survey that ranked local CAs as the most trusted in eight countries — but it’s a hollow achievement

Shahied Daniels, CEO of the South African Institute of Professional Accountants, has been suspended. Picture: Supplied

Swiss secrecy at local accounting body

With accounting and auditing regulatory bodies already under close scrutiny, the South African Institute of Professional Accountants has become the latest such organisation to…