Genesis in the news
NEWS & INSIGHTS

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)

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.

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.

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”).

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.
