Veracity CEO Steven Fox spoke on a panel titled “Case Studies in Doing Business in Africa” at the third annual Investing in Africa Today summit hosted by McKinsey at their Toronto offices. The event, which was sponsored by the Canada-Africa Chamber of Business, focused on the challenges and opportunities of investing in Africa and had over 200 attendees.
Veracity CEO Steven Fox visited Harvard Business School (HBS), where he was a guest speaker in Professor Sophus Reinert’s Globalization and Emerging Markets course. The class discussed two HBS case studies, first published in 2011 and updated in 2017, which focus, respectively, on Veracity’s work on FCPA issues in West Africa and political risk concerns in Syria. Cameron Bell, an associate director at Veracity, also participated in the classroom discussion.
Veracity Managing Director Carla McRoberts spoke on a panel discussion entitled “Latin America’s Elections Amid Crisis: Instability and the Search for Change.” The event, hosted by the International Institute for Strategic Studies, sought to explore the factors leading to political disruption and its impact on elections and beyond. Carla spoke on the themes of corruption, declining trust in political elites, and weak economic growth, all of which have had the combined effect of galvanizing a cadre of anti-establishment candidates and their supporters in the run up to the region’s various presidential elections.
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.
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.
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.