Business Insider Edition

5 things you need to know in SA business today and how to tie a tie in a Windsor, Half Windsor, and Four-in-Hand Knot

Business Insider SA
 Jul 15, 2019, 07:29 AM

1. Former president Jacob Zuma will appear at the Zondo commission this week to testify about his term in office. In various testimonies before the commission, he was accused of reconfiguring state-owned organisations to suit his various relationships. Some of the biggest issues concern the shock replacement of finance minister Nhlanhla Nene with Desmond van Rooyen, Zuma's relationship with the Gupta family, his close ties with Russian nuclear energy company Rosatom and President Vladimir Putin, and links to the corrupt company Bosasa, which reportedly paid R300 000 per month to the Jacob Zuma Foundation.

Read: 101 questions Jacob Zuma must answer at the Zondo commission

At the weekend, the former president in a tweet captioned "I thought I should brighten up your day" shared a clip of him dancing and chanting "Zuma must go" while he giggles away.

2. The Reserve Bank’s monetary policy committee will probably cut interest rates on Thursday, with some expectations that it will even be lowered by a whopping 50 percentage points (as opposed to the 25 points most economists expect). Inflation has remained in check over the past two years, and of late, the rand is coming to the party – it’s still under R13.97/$ this morning.

3. The Old Mutual showdown is heading for the courts this week. Axed CEO Peter Moyo has filed an urgent application to be reinstated, claiming that he was fired because he opposed Old Mutual chair Trevor Manuel’s triple conflict of interest, while Old Mutual claims this is a deliberate strategy of attempting to divert attention from Moyo's “own actions" – which include benefiting from a side company.

4. Steinhoff's share price jumped almost 14% on Friday after the company reported a loss of €571m (R8.9bn) for the half-year ended March 31. The loss was smaller than the previous reported period, and sales rose 3%.

5. Anheuser-Busch InBev, which owns SA Breweries (Castle, Black Label) and other global brands like Budweiser and Bud Light, has called off what would've likely been the largest IPO of 2019 by deciding not to take its Asia unit public. The company was looking to raise as much as R136 billion in a public listing of Budweiser Asia, according to Reuters. 

Analysts that cover the company said that AB InBev had trouble adhering to Hong Kong's rigorous rules around public listings, the Wall Street Journal reported. The company didn't have a cornerstone investor such as a sovereign-wealth fund, large institutional investor, local tycoon, or state-owned enterprise to endorse the deal.

How to tie a tie in a Windsor, Half Windsor, and Four-in-Hand Knot

Reported by Lilah Nicolaidis

Whether you wear a suit to work every day or you just want to add some extra sophistication to your outfit, a necktie will elevate your look and earn you instant style points.

The most dapper guys might even suggest that the tie is the centerpiece of a man's look: The shirt collar folds around it, it covers the buttons, and the jacket lapels fall to either side of it to create a symmetrical, balanced ensemble.

Traditionally, ties are mostly worn by businessmen, lawyers or bankers, but this versatile accessory is making a comeback with younger men in diverse, creative professions.

The selection of stylish ties is now more diverse, so you can find one to suit your taste. If you wear a suit to work, you'll need a few ties with small patterns and subtle colors.

It's also fun to play around with fabrics. Just as you wear lighter clothes in the warmer months, you can have a linen or a seersucker tie on hand for some great summer looks.

According to the experts at Brooks Brothers, there are three most popular knots that everyone should know how to tie.

The 3 most popular tie knots

  • Windsor Knot: This is a full, classic knot worn for formal and semi-formal occasions.
  • Half Windsor Knot: This knot is smaller and therefore more casual, but still appropriate for formal events like work or weddings.
  • Four-in-Hand Knot: This is an easy, versatile knot with a slightly asymmetrical shape which lends it a more low-key sensibility.

We're going to start with the Four-in-Hand, since it's usually the knot most people learn to tie first and also requires fewer steps.

Keep scrolling to learn how to tie a tie in the 3 most popular knots:


How to tie a tie in the Four-in-Hand knot

Ties.com
  1. Drape the tie around your neck with the wide end on your left side and the skinny end on your right.
  2. Cross the left over the right side.
  3. Bring the wide end under and back to the left.
  4. Cross the wide end over again.
  5. Pull the wide end through the neck loop.
  6. Bring the wide end down through the neck loop
  7. Tighten the knot.

How to tie a tie in the Windsor knot

Ties.com
  1. Drape the tie around your neck with the wide end on your left side and the skinny end on your right.
  2. Cross the wide end over the skinny end.
  3. Pull the wide end up through the neck loop.
  4. Bring the wide end down and over to the right.
  5. Take the wide and under and over to the left.
  6. Bring the wide end up and through the neck loop.
  7. Cross over the loop on the right to form the knot.
  8. Bring the wide end up through the neck loop from below.
  9. Pull the wide end through the loose knot.
  10. Tighten the knot.

How to tie a tie in the Half Windsor knot

Ties.com
  1. Drape the tie around your neck with the wide end on your left side and the skinny end on your right.
  2. Cross the wide end over the skinny end.
  3. Bring the wide end under the skinny end.
  4. Bring the wide end up through the neck loop.
  5. Take the wide end down and to the right side.
  6. Bring the wide end up to the center and wrap it around to form the knot.
  7. Take the wide end through the neck loop and bring it down.
  8. Pass the pointed end down through the knot.
  9. Tighten the knot.

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