Category Archive: 3) Swiss Markets and News

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Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
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Chinese economic disruption hits Swiss supply chains

2020-03-05

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2020-03-05

China’s sharp contraction in economic activity over the past month due to the coronavirus epidemic is sending shockwaves across the globe. Switzerland is one of the top ten countries exposed to Chinese supply disruptions, a United Nations report reveals.

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Red Bull profits from Swiss sugar subsidies

2020-03-04

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2020-03-04

The makers of sweet products benefit from the federal subsidies paid to sugar beet farmers in Switzerland. The price of sugar in Switzerland has been on the decline for years. As a result, 400 farmers have quit producing it in recent years. Sugar beet producers receive annual subsidies amounting to CHF36 million ($38 million).

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How to become Swiss

2020-03-04

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If you have a connection to Switzerland through your family or your partner and want to make it official by becoming Swiss yourself – this is how you can go about it. The Swiss passport can seem difficult to get. In this ‘Switzerland Explained’ video we describe how to kickstart the application process if you’re living abroad and how to find out …

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Potential relief for some Swiss renters

2020-03-02

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2020-03-02

Every three months the rate of interest used to benchmark Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time the reference rate fell from 1.50% to 1.25%. The last time it dropped was 2 June 2017 when it fell to 1.5%. The rate is based on the average Swiss mortgage rate over three months.

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Swiss price watchdog calls for reduction in train ticket prices

2020-03-02

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2020-03-02

With track fees for rail companies set to drop, savings should be passed on to customers, Stefan Meierhans told the weekly NZZ am Sonntag. The call comes on the heels of revelations that two state-owned rail firms wrongly claimed millions in subsidies.

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Transport operators told to pay back millions in state subsidies

2020-03-01

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2020-03-01

Two more Swiss state-owned transport companies have been ordered to pay back more than CHF50 million ($51 million) in wrongly claimed subsidies. The authorities are also looking into the possibility of criminal prosecutions in connection with the worsening subsidies scandal.

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Close to one fifth of households in Switzerland behind on debt payments

2020-02-29

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2020-02-29

In 2017, 18.9% of Switzerland’s population lived in a household with outstanding debt repayments, a percentage that has rose from 17.7% over the proceeding 4 years. The most common forms of outstanding debts were taxes, health insurance premiums and phone bills. 9.9% of households had outstanding tax payments, 7.3% owed health insurance money and 5.2% had an outstanding telecommunications bill.

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Swiss business takes on global waste

2020-02-29

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2020-02-29

Mr. Green, a recycling subscription service with a social mission, has been a big hit with busy families and businesses in cities in Switzerland. But can it work in Africa? Swiss entrepreneur Keiran Smith had no connection with Kenya before starting Mr. Green Africa.

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Geneva watch fair cancelled over coronavirus fears

2020-02-28

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2020-02-28

The organisers of Watches & Wonders Geneva – the former Salon International de la Haute Horlogerie (SIHH) - have cancelled their annual watch fair due to take place from April 25-29, amid fears over the new coronavirus outbreak.

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Transforming trauma into creative expression | The power of art

2020-02-27

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“You put a page and a pencil in front of one of our learners and sometimes they struggle to just make a mark. Because to make a mark is to make yourself vulnerable, and there’s no space for vulnerability where they live.” To appreciate the tranformative power of art, watch as some 15,000 pieces of …

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Should rail commuter data be monetised through advertising?

2020-02-26

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2020-02-26

Swiss Federal Railways is coming under fire for using the personal data of commuters for advertising purposes. The data commissioner and a watchdog group have sounded the alarm bell as the volume of data being harnessed grows.

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Young Professionals Revolution Bike Handover – Kagiso

2020-02-26

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Investec empowered 36 aspiring entrepreneurs in the Young Professionals Revolution. In October 2019, Investec Private Banking, in partnership with Qhubeka and enke: Make Your Mark, handed over 40 bikes to 36 aspiring South African entrepreneurs, who will be starting up small businesses within the Kagiso community, west of Johannesburg. This forms part of the Young …

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Inside Out of the Ordinary Episode VII – Possibility

2020-02-25

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“If it weren’t for education, I think my life would have turned out very differently. The force of progress will continue to sweep everything aside, my life is such an example,” says Investec CEO Fani Titi in this introduction to the Inside Out of the Ordinary film series. In this episode, Fani shares his life’s …

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Unions say anti-EU initiative is bad for workers

2020-02-25

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2020-02-25

Trade unions have come out against the initiative to scrap the freedom of movement agreement with the European Union, saying a “yes” vote would be “an attack on all workers”. Accepting the right-wing proposal would lead to a situation whereby “collective agreements and wage checks would be replaced by an unfettered competition of all against all,” Swiss Trade Union Federation boss Pierre-Yves Maillard said on Monday.

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Alex Danson: My Hidden Story (trailer)

2020-02-24

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17 months after suffering a mild traumatic brain injury, former GB and England women’s hockey captain and Olympic gold medalist, Alex Danson, shares her story about her ongoing road to recovery.

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Alex Danson: My Hidden Story

2020-02-24

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“I once thought that I wouldn’t be well enough to tell this story.” Distinctive performance is about overcoming your battles as well as being at the top of your game. After suffering a mild traumatic brain injury 17 months ago, former GB and England hockey player Alex Danson partnered with Investec to share her journey … Continue reading...

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When It Comes to Raw Power, Few Have More of It Than Central Bankers

2020-02-24

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2020-02-24

A common retort to the claim that in voluntary exchange both parties expect to become better off (or they wouldn’t do it) is that exchanges are seldom, if ever, a matter of horizontal, equal exchange of values. Instead, any such interaction between people is ultimately a matter of their exercising power over one another. The implication, and often explicitly stated conclusion, is that there is no voluntariness, that exploitation is always present,...

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Swiss Post stops accepting parcels and letters to China

2020-02-23

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2020-02-23

Swiss Post has said it will no longer accept packages addressed to China, according to Tribune de Genève. Because of the covid-19 virus, airlines have stopped or drastically reduced flights to China. This fall in air traffic has reduced postal service capacity to China by two thirds.

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Swiss digital stock exchange offers partners ownership stake

2020-02-23

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2020-02-23

The Swiss stock exchange is offering strategic partners a stake of up to 30% in its new digital assets trading platform. The SDX digital exchange hopes to launch by the end of this year, trading digital shares, bonds and other assets on a distributed ledger technology (DLT) platform.

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#swihack Live Stream of presentations

2020-02-22

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On location at #swihack Multilingual Journalism Hackathon organized by Swissinfo For more information, please visit https://swihack.ch --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...

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