Tunde was a bright 19-year-old with dreams of attending university, but those dreams were nearly shattered when tragedy struck. His father, the sole provider for the family, was tragically killed by a drunken truck driver on his way home from work. As if the loss of his father wasn't enough, Tunde’s uncles and extended family…
o Africa is blessed with a growing and massive youth population. This provides opportunities and threats. Opportunities to maximise our population for economic liberation. However, this cannot happen without intentional, planned and strategically executed programmes to facilitate productive youthful participation in economic activities. In light of this, we have committed heavily to supporting the dreams…
One mode of raising capital through Equity Financing is the Rights Issue. A Rights Issue involves giving existing shareholders the right, not an obligation, to acquire additional shares (new shares) in the company, at a discount (rights offer price) to its current market price. It is structured in the form of an invitation to the…
Investing in the stock market offers numerous opportunities, but selecting the right investment vehicle is essential to optimising returns while minimising risk. An ETF (Exchange-Traded Fund) is such an investment vehicle. It is a type of investment fund that is traded on stock exchanges, much like individual stocks. The Meristem Growth ETF and the Meristem…
Think of a hardworking founder of a highly successful enterprise. With significant labour, sacrifice, and commitment, they have achieved significant success. As they advance in years, their deepest desire is for the product of their labour to be transferred seamlessly to the next generations. They want their wealth to not only provide their descendants with…
What is a Bonus Issue? Bonus issues are additional shares issued to existing shareholders of a company at no cost. The new shares issued are based on the current holding. A bonus issue is also known as a Scrip Issue or capitalisation issue. During cash shortages, companies may seek to issue bonus shares to uphold…
Success in generational wealth transfer is a challenge for many families. Statistics show that 7 out of 10 families will lose their wealth by the second generation, with 9 out of 10 losing it by the third. This staggering number has a significant impact on the well-being of existing and unborn family members, as well…
