In 2017, China Merchants Bank (CMB) faced the challenge of staying competitive in a rapidly evolving financial landscape. The bank’s president, Tian Huiyu, recognized that traditional banking models were becoming obsolete, and fintech innovations like blockchain could provide both opportunities and threats.Established in 1987, CMB has grown to be one of China’s largest banks. Despite its success, the bank’s legacy IT systems and traditional banking […]
Question 1 [50 marks] Part One 1.1 In 600 words, discuss the role of Work-Integrated Learning (WIL) in preparing South African students for the Fourth Industrial Revolution (4IR). Analyse the challenges faced by institutions in aligning WIL with 4IR demands and how WIL can address inequality in access to opportunities. Provide examples of initiatives adapting to 4IR. (20 marks) Part Two 1.2: PowerPoint Presentation (30 […]
Question: (20 Marks)Read the following statement and answer the question that follows: There are a number of requirements that need to be fulfilled for a court to declare a debtor insolvent and award a sequestration order. A recurring motif and requirement in the Insolvency Act 24 of 1936 is that a voluntary or compulsory sequestration order, whether provisional or final, must be to the advantage […]
QUESTION 1 (53 marks) You are a Financial Consultant, and the following cases currently require your attention: CASE 1: MR. HEMINGWAYMr. Hemingway wishes to purchase non-redeemable, non-cumulative converting preference shares in Scribner Ltd today. These preference shares have an issue price of R90 and conversion date of 30 September 2026. The preference dividend rate is 8.8% per annum, payable quarterly in arrears (including on the […]
