Old Mutual Wisdom Forum 2017

Corporates can help inclusive growth with job creation: Old Mutual

While globalisation has raised levels of prosperity, the distribution of this new wealth is still largely unequal.

As a result, the continuing inequality in wealth and power has resulted in citizens being frustrated at not being heard which has led to populist political and economic rhetoric promising social reform.

Stephen Grootes spoke to Clement Chinaka, Managing Director at Old Mutual Corporate on how this has progressed in the past 9 years, since the 2008 global financial crisis, as well as what needs to change.

In terms of changes I think the biggest issue in South Africa is economic growth because we have this us and them, there are people who are perceived to be the elite who are very few and then there is a majority that feels they are left behind, we need inclusive growth in South Africa.

Clement Chinaka, Managing Director at Old Mutual Corporate

I think corporate South Africa, its biggest contribution is in job creation.

Clement Chinaka, Managing Director at Old Mutual Corporate

Click on the link below to listen to the full audio....

The discussion comes after the annual Old Mutual Corporate Wisdom Forum held in Sandton this week. Stephen record this video with Clement at the event...


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
No certainty if strange stone originates from outside the solar system

No certainty if strange stone originates from outside the solar system

In 2013 researchers announced the 'Hypatia' stone found in the south-west of Egypt, was most certainly not from Earth.

[LISTEN] ANC's proposed land expropriation explained

[LISTEN] ANC's proposed land expropriation explained

The Institute of Race Relations explains the confusion around the proposed amendment to Section 25 and how this affects property.

Student leaders can make populist activism work in SA, says Professor Swartz

Student leaders can make populist activism work in SA, says Professor Swartz

She says student leaders understand how to use populist activism to bring about implement change.

This country has some big challenges right now - John Kerry

This country has some big challenges right now - John Kerry

The former US State Secretary speaks to Stephen Grootes while in town for the Old Mutual Corporate Wisdom Forum

The nuts and bolts of how to grow South Africa's sluggish economy

The nuts and bolts of how to grow South Africa's sluggish economy

Busisiwe Radebe, Annabel Bishop and Xhanti Payi in a roundtable discussion about how to stimulate South Africa's stagnant economy.

How to keep informal enterprises from being swallowed by messy politics.

How to keep informal enterprises from being swallowed by messy politics.

Awethu Project's Yusuf Randera Rees speaks about the power informal enterprises have in our economy.

Popular articles
I was not introduced to Ajay Gupta - Grootes

I was not introduced to Ajay Gupta - Grootes

Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.

Minister Zwane confirms trips to Dubai and Switzerland

Minister Zwane confirms trips to Dubai and Switzerland

EWN parliamentary correspondent Gaye Davis says Mineral Resources Minister Mosebenzi Zwane received detailed and tough questions.

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

Zweli Mkhize 'taken by surprise' with latest cabinet reshuffle

The ANC treasurer-general confirmed Mantashe’s comments that the President did not consult the ANC leadership on the reshuffle.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

How to make your first million

How to make your first million

Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

Bruce Whitfield interviews the razor-sharp tongued Vestact MD Paul Theron about his money hopes, fears, successes, failures, etc.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.