Classic Business

CEO Vikesh Ramsunder

CEO Mteto Nyati

Mia Kruger, director of research and fund Management, Kruger International

Riaz Haffejee, CEO of Sumitomo Rubber South Africa & Peter van Kets, professional adventurer at Beyond Expeditions

In the Brandfather with Jeremy Sampson, MD of Brand Finance Africa, Michael Avery and Jeremy are joined by renowned trend analyst and futurist by Dion Chang, to talk about the decade of the yold – the young old. Coined by The Economist, one of the most august publications in the world, as sprightly baby-boomers hit 65, for the first time, the world will have more people aged over 30 than under. What is the significance of this? Baby Boomers, those born between 1946-1964, have the greatest spending power of any generation. Yet they are frequently being overlooked by brands in favour of ‘millennials’ (born 1981 to 1996) and ‘gen Z’ (born mid-1990s to early 2000s). Advertisers and marketers ignore this demographic (when they have purchase power) in favour of a youth market (who have far less purchase power) at their peril.

Prof Adrian Puren, head of the Centre for HIV and STIs at NICD

Everyone in the fiduciary industry is talking about a recent High Court judgement which deemed certain sections of the Intestate Succession Act (ISA) to be unconstitutional. (The ruling is subject to Constitutional Court confirmation). A recent High Court judgement ruled that a woman whose male life partner died without a will should inherit his estate. In the past, couples who lived together in a heterosexual relationship that was intended to be permanent were not covered by the ISA. This meant that if one partner died Intestate (i.e. without a valid Will), the other partner would not automatically inherit from the estate. This was in direct opposition to the laws governing married couples and unmarried homosexual life partners who did automatically inherit in such situations.

The ruling (assuming it is approved by the Constitutional Court) ensures that the same rules apply for all permanent partnerships. What’s more, the ruling also declared certain sections of the Maintenance of Surviving Spouse Act unconstitutional. But is it still necessary to draft a will? Louis van Vuren, CEO of the Fiduciary Institute of Southern Africa, has the answer.

Anthea Gardner, MD Cartesian Capital

Dr Kgosientso Ramokgopa, head of the investment and infrastructure office in the Presidency & Leon Campher, CEO of the Association of Savings and Investment South Africa (ASISA)

Elias Masilela, author of Number 43 and Compiler of number 43 covid-19 journey & chairman of Impacting Investing SA