News & Insights - 2015


Innovation fund expands support for local investors

The Department of Trade and Industry (dti) is actively stepping up its support to inventors to position South Africa as the continent’s leader in industrial innovation. With Nigeria and Kenya hot on South Africa’s heels, the dti recognised the urgency of driving new technologies and after 13 years decided to evaluate the impact of their Support Programme for Industrial Innovation (SPII). Between 2000 and 2013 SPII provided R623-million of funding to 401 projects, which have directly created or retained approximately 3000 permanent jobs (ie at the cost of more than R200,000 per job)

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Genesis to lead Kenyan plan to house 34,000 students

A consortium led by Genesis Analytics has been appointed to lead a project that plans to build hostels for 34,040 students in partnership with the private sector to alleviate the accommodation crisis at five Kenyan universities and colleges.

Rapid expansion of academic programmes in Kenya has put institutions of higher learning — currently admitting nearly 70,000 new students a year — under immense pressure to provide additional accommodation space.

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Genesis Partner elected to Evaluation Board

Genesis Partner Alyna Wyatt was elected to the South African Monitoring and Evaluation Association board in November 2015, and has recently been appointed treasurer.

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Genesis team wins two evaluation awards

The M&E team has won two National Evaluation Plan awards from the South African Presidency in recognition of evaluations that it did for the Department of Trade and Industry (the dti).

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Genesis Analytics benchmarks the Central Securities Clearing and Settlement (CSCS) organisation in Nigeria

As part of a strategy assignment, Genesis Analytics has completed benchmarking the operations of the Central Securities Clearing and Settlement Organisation (CSCS) in Nigeria. 

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Genesis Analytics advises a retail financial services provider on its Africa strategy

Genesis Analytics has just completed a market analysis of eleven African countries for the financial services division of a major South African furniture and household appliances retailer in order to support its country entry strategy.

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Abuse of dominance complaint against Telkom results in R449 million fine

The Competition Commission with expert economic advice from Genesis Analytics was successful in prosecuting a complaint of abuse of dominance against Telkom in the telecommunications market in South Africa.

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Apollo Tyres, assisted by Genesis, absolved of cartelisation charges by the CCI

The Competition Commission of India (“the CCI”) recently dropped the cartelisation allegation that was made against five tyre manufacturers by the All India Tyre Dealers Federation under the MRTP regime.

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Genesis analysis endorsed by CCI in its decision to dismiss allegations against leading Indian steel producer

Genesis Analytics played a key role in the ruling by the Competition Commission of India (“CCI”) that dismissed the allegations of an anticompetitive agreement between Steel Authority of India Limited (“SAIL”) and Indian Railways (“IR”).

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Genesis advises pension industry in South Africa on adoption of Responsible Investment

The retirement industry in South Africa is now obliged by law to take environmental, social and governance (ESG) considerations into account on all pension investments. This is a fundamental shift in hundreds of years of investment philosophy. 

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Genesis announces the names of three new partners

Genesis is proud to announce the appointment of three new partners at the firm: Paul Anderson, Anthony Felet and Ethèl Teljeur.

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Competition concerns lead to a de­merger, five years after implementation

Genesis Analytics assisted in the case of a forestry merger that developed into one of the longest­running merger trials in South Africa.

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Genesis Analytics instrumental in shaping the Wal­Mart public interest debate

In an important test case of the public interest provisions in the Competition Act, Genesis Analytics provided expert evidence on behalf of three government departments relating to the public interest issues that arose from Wal­Mart's acquisition of Massmart.

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Genesis Analytics completes a bundled pricing strategy for a retail bank in Ghana

Genesis Analytics was commissioned by a leading pan­African bank to conduct a pricing strategy review of its operations in Ghana. 

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SA firm picked to lead Kenyan plans to house 34,000 students

A consortium led by Genesis Analytics has been appointed to lead a project that plans to build hostels for 34,040 students in partnership with the private sector to alleviate the accommodation crisis at five Kenyan universities and colleges.

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Genesis Analytics at the forefront of the electricity tariff debate

The energy crisis and an initial 200% price increase proposed by the energy utility monopoly, Eskom, in 2010 was one of the most significant economic developments of recent times.

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Genesis helps build momentum in the development of capital markets through an alternative market for SMEs

Genesis was recently featured in the news in Kenya for having assisted the FSD Kenya, Capital Market Authority and the Nairobi Securities Exchange in identifying a number of options for developing the Growth Enterprise Market Segment (GEMS) of the NSE.

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