INVESTOR REVIEW
ISSUE 1 | WWW.INVESTORREVIEW.COM
In this issue: INTERVIEW MARY BARRA She steered GM through the ignition switch crisis, ended operations in Russia, and invested in ride- sharing company Lyft. Here's what she hasn't done...
RANKINGS AFRICA'S NO. 1 ANALYSTS Get in on the who's who as you dive into the results of our continent wide survey! Listed by sector are our 2017 No 1 analysts.
FEATURE SOVEREIGN DECLINE Global credit worthiness has dropped. It has constrained policymakers and curbed growth. But what does this mean for Africa's investors looking to balance risk and reward?
African airports suck! But BCEG will change that with a modern terminal in Tanzania
Contents 06 The BitCoin Surge While BitCoin is all the rage, Pindai disentangles the connection between this cypto-currenty and real money. is it the start of something big or just another bubble
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Behind Shoprite's Buy Back While bitCoin is all the rage, Pindai disentangles the connection between this cypto-currenty and real money. is it the start of something big or just another bubble
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Interview: Marra Barra She steered GM through the ignition switch crisis, ended operations in Russia, and invested in ride- sharing company Lyft. Here's what she hasn't done...
24 Sovereign Decline Global credit worthiness has dropped. It's constrained policymakers and curbed growth. But what does this mean for Africa's investors looking to balance risk and reward?
28 Advice: Jim Mellon Inside the mind of billionaire investor Jim Mellon - FANG stocks and the best buys of the moment.
34 Rankings: Africa's No.1 Analysts Get in on the who's who as you dive into the results of our continent wide survey! Listed by sector are our 2017 No 1 analysts.
INTERVIEW
MARY BARRA With the pace of innovation and globalization still accelerating, GM had to adapt quickly, and Barra has done a good job of leading the automaker forward to help produce record sales years for the industry.
ADVICE: Jim Mellon "Government policymakers and portfolio managers will have to adapt to this new reality" We are in the midst of an unprecedented change. Life spans have nearly doubled since the beginning of the 20th century. In addition, recent advances in computer technology have had a huge impact on biological sciences, which means this trend will accelerate.
Still, most people think that the process of aging will go on pretty much as it is now. They’re wrong.
Discoveries have been made that will yield radical increases in healthy life expectancies. These biotechnologies will change everything — the way we live... and the way we invest.
Social security programs were implemented when almost no one lived past the age of 65.
Today, these programs won’t survive without radical restructuring. Pension programs designed using old actuarial tables will collapse. Healthcare, our largest financial sector, will barely resemble the current model.
Diseases we fear today will soon become minor issues, and companies that provide traditional treatments will be bankrupted.
FEATURED STORIES | 28
The Bitcoin Surge INSIDE CHINA China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150bn cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading of cryptocurrencies on exchanges, according to people familiar with the matter, who asked not to be named because the information is private. Authorities don’t have plans to stop over-the-counter transactions.
INSIDE RUSSIA Russia is in the midst of legitimizing cryptocurrencies. It is developing a legal
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framework that will govern transactions using digital currencies like Bitcoin, RT reports. He assured Russian users of Bitcoin and other cryptocurrencies that the government will not outlaw nor penalize people who use cryptocurrencies.
WHAT NOW? FROM BILLIONAIRE INVESTOR HOWARD MARKS "So my initial bottom line is that I see no reason why bitcoin can't be a currency" given the fact "there are people (and businesses and even countries) that accept it as a legal tender." Bitcoin, in fact, boasts a key attribute that may spur the digital method of exchange to serve as an alternative to legal tenders and as a store of value in the years to come: the simple fact that people believe in it.