South African Bonds Get a Boost After Zuma’s Resignation
Veracity Managing Director John Green appeared in a Wall Street Journal article on the subject of South African President Zuma’s resignation and its immediate impact on the country’s bond market. John echoed investors’ confidence in the development, and heralded the news as the opening of an avenue toward government reforms. South African Bonds Get a Boost After Zuma’s Resignation.
121 MINING INVESTMENT CONFERENCE – CAPE TOWN, SOUTH AFRICA
Veracity CEO Steven Fox traveled to the 121 Mining Investment Conference in Cape Town, which brought together leaders from 80 mining and exploration companies and more than 250 mining investors, financiers, and analysts. Steven spoke on a panel titled “Picking winners and avoiding losers as the up-cycle continues,” on which he discussed the need for mining concerns to effectively anticipate and mitigate above-ground risks including political instability, regulatory, and corruption issues.
HARVARD BUSINESS SCHOOL – CAMBRIDGE, MASSACHUSETTS
Veracity CEO Steven Fox returned to Harvard Business School as a guest lecturer for the fourth time, where he again led a case study on political risk factors relating to a proposed investment in Myanmar in a class titled Risk Management for Corporate Leaders.
PACIFIC ALLIANCE ENERGY FORUM – CARTAGENA, COLOMBIA
Regional Advisor for Latin America Keith Martin moderated a panel discussion at the Pacific Alliance Energy Forum (PAEF), which convened in Cartagena, Colombia, to discuss energy market opportunities and increased regional engagement between the Alliance’s member states (Colombia, Mexico, Peru, and Chile). Executives from various Latin America-focused financial, investment, and energy companies discussed themes related to energy projects in the region, including how to best assess the potential value of a given investment vis-à-vis anti-corruption and reputation-risk-related concerns.
THE WHARTON SCHOOL – PHILADELPHIA, PENNSYLVANIA
Veracity CEO Steven Fox was a guest lecturer at the Wharton School at the University of Pennsylvania, where he lectured and led discussions in both graduate and undergraduate classes on the subject of corporate diplomacy and due diligence. This was the fourth time Steven traveled to the school to speak with students about these themes.
Ivanhoe’s Congo Success Follows Deals with Kabila’s Brother
Veracity CEO Steven Fox was quoted today in a Bloomberg article about Ivanhoe Mines’ operations in the Democratic Republic of Congo. The article investigated the company’s success in the country and its repeated dealings with companies controlled by one of President Joseph Kabila’s brothers, also a sitting member of parliament. Steven commented on the importance of knowing who’s behind businesses a company is contracting or trading with when working in complex markets such as Congo. Ivanhoe’s Congo Success Follows Deals With Kabila’s Brother.