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Tax & Management

A distressing number of family businesses collapse amid heartache and recriminations. Yet failure is not inevitable! With careful preparation, family members can lay a solid foundation for success.

Beware of the black swan

Any manager worth his or her salt takes the necessary action to mitigate damage from normal business risks. But how well will your farming operation cope with a wholly unexpected...
The effect of the COVID-19 lockdown has differed from one country to another. In South Africa, disposable income available for basic food has increased due to money not being spent...
It’s tempting to put off the difficult job of succession planning. But if you wait too long, you could end up destroying a profitable business and harming family relationships.
The concept of sustainable development is straightforward: the future should be a better, healthier place than the present. Farmers have a major part to play in forging this future.
The values driving success in families and those in business are diametrically opposed. Keeping them in harmony is the great challenge of the family business.
The unscientific idea that processed, plant-based, ‘imitation’ foods are healthier for humans and better for the environment needs to be debunked.
Your children’s energy and fresh ideas may be exactly what your family business needs. Harness this enthusiasm, or you may lose it and cause resentment in the process.
Anti-meat and anti-milk activists have focused steadfastly on the negatives of the livestock industry. Yet livestock and dairy farmers have done precious little to defend animal farming from these attacks.
No one is born a skilled manager, but there’s a wealth of knowledge available to help you grow into one. In short, you don’t need to reinvent the wheel!
Captain Queeg of the USS Caine displayed the worst possible characteristics of leadership. If you look in the mirror, do you see any signs of some of his worst excesses...
We forget that co-ops laid the foundation for many of South Africa’s present-day commercial farmers. Small-scale farmers stand little chance of surviving without them.
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