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Genesis in the news

NEWS & INSIGHTS

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    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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