- Isikweletu sangasese siyindlela yokuxhasa ngezimali eqondile yezinkampani ezenzeka ngaphandle kwezimakethe zomphakathi nezisohlwini.
- Ukukhula kwayo kukhuphuke kakhulu ngenxa yokuncipha kokuba khona kwamabhange avamile kanye nokufuna kwabatshalizimali inzuzo ephezulu.
- Kuveza izingozi ezithile ezifana nokuntuleka kwemali, ukungacaci kahle kwezilinganiso kanye nokuzwela amazinga enzalo akhuphukayo.
Cishe uke wezwa ngemali mboleko yangasese ezindabeni noma ezingxoxweni zezimali, kodwa ngezinye izikhathi umsindo wabezindaba ungasishiya silahlekile kancane. Empeleni, sikhuluma ngendlela yokuxhasa ngezimali lapho izinkampani zithola khona imali ngaphandle kokudlula emakethe yamasheya noma eziteshini zomphakathi zendabuko, okudala uhlelo oluhambisanayo oluye lwaba nokubaluleka okukhulu emnothweni womhlaba.
Ukuze sikuqonde ngempela, asikwazi nje ukuklwebha phezulu; sidinga ukumba ngokujulile sibone ukuthi, nakuba kuzwakala kukhanga kakhulu ngenxa yemiphumela yako engaba khona, kuhilela ubunzima bobuchwepheshe kanye nezingozi okungebona bonke abantu abaziqondayo ngokugcwele. Ake sichaze, isinyathelo ngesinyathelo, ukuthi leli zwe lisebenza kanjani, ukuthi kungani likhule kangaka, nokuthi ubuthakathaka bangempela bukuphi njengamanje.
Iyini ngempela isikweletu sangasese?
Kalula nje, ukubolekisa ngemali ngasese kuwukuboleka imali ngqo enkampanini. Ngokungafani nokuthenga ibhondi enentengo eshintshashintshayo esikrinini, lapho intengo ishintsha njalo ngomzuzwana, lapha umtshali-zimali ungena ekuthengiselaneni okubili, okwenziwe ngokwezifiso . Akukho makethe ehlelekile enquma intengo nsuku zonke, okwenza inani lizinze kakhudlwana. Kodwa-ke, qaphela ukuthi ukuguquguquka okungabonakali akusho ukuthi ingozi isinyamalele; kusho ukuthi ivele kancane kancane.
Lezi zinhlobo zezimpahla ngokuvamile zinezici ezihlukile kakhulu. Ngokuvamile, imigomo ethile iyaxoxiswana ngesimo ngasinye, isebenzisa amazinga enzalo ashintshashintshayo , futhi ezimweni eziningi, isekelwa yiziqinisekiso zangempela. Umehluko omkhulu ngamabhondi kahulumeni ukuthi awukwazi ukuthengisa kalula isikhundla sakho ngokushesha; ngamanye amazwi, uketshezi luphansi kakhulu futhi akukho ntengo yesikhathi sangempela.
Izizathu zokukhula kwayo okukhulu
Le makethe ayisabi yindawo yochwepheshe abambalwa abakhethiwe futhi isibe yingxenye ebalulekile yesistimu yezezimali. Esinye sezimbangela eziyinhloko kwakuyinkinga yango-2008, eyenza amabhange avamile abe nemingcele kakhulu ngezimali mboleko zawo zezinkampani ngenxa yemithetho emisha. Lokhu kwadala igebe elathathwa yizikhwama zamasheya ezizimele kanye nabaphathi bezimpahla ukuze bangene emakethe.
Ngaphezu kwalokho, ukwanda kwezabelo ezizimele kudinge izikweletu ezinkulu ukuze kuxhaswe ukuthengwa kwezinkampani. Ngaphezu kwalokho, iminyaka eminingi siphile endaweni enenzalo ephansi kakhulu, okuye kwashukumisela abatshalizimali ukuba bafune imbuyiselo ekhangayo ngaphandle kwezibopho zikahulumeni. Izinkampani ezinkulu ezifana noBlackstone, u-Apollo, no-KKR bezilokhu zingabantu abakhi balokhu kwanda, ziguqula ukubolekwa kwemali okuzimele kube umugqa webhizinisi obalulekile hhayi nje isithasiselo.
Izingozi namaphuzu abalulekile: lapho izinkinga ziqala khona
Akuyona yonke into enhle. Ushintsho olusheshayo kwinqubomgomo yezimali kanye nokwenyuka kwezinga lenzalo kubeke imakethe esimweni esinzima. Izinkampani eziningi ezazijabulela ukuxhaswa ngezimali okushibhile manje zibhekene nezindleko zezikweletu eziphakeme kakhulu , zicindezela imingcele yazo futhi zenze kube nzima ukuxhaswa ngezimali kabusha. Yilapho ingozi yokwehluleka iqala khona.
Inkinga eyodwa ebucayi kakhulu ukungafihli lutho. Kukhona umkhuba okhulayo wokuya kulokho okubizwa ngokuthi yimali mboleko yesivumelwano , okuyizinkontileka ezinemikhawulo embalwa kakhulu yezezimali. Lokhu kusho ukuthi umbolekisi akanalo ukulawula okuncane kanye nokuqapha impilo yangempela yezezimali yenkampani, okungafihla izikweletu noma ukukhwabanisa kuze kube sekwephuze kakhulu.
Imikhakha ehlolwa kanye nomthelela we-AI
Uma kukhona umkhakha owodwa ogcina abahlaziyi bephapheme ebusuku, yisofthiwe. Isikhathi eside, kwakuyi-"goose eyabeka amaqanda egolide" ngenxa yemali engenayo ephindaphindayo kanye nemali engenayo ephezulu. Kodwa-ke, ukwanda kobuhlakani bokwenziwa kuye kwabuza ukuthi kungenzeka yini ukusebenza kwamamodeli amaningi ebhizinisi. Lokhu kuholele imakethe ukuthi ijezise wonke umkhakha ngokulinganayo, ngaphandle kokuhlukanisa phakathi kwalawo aqinile nalawo angaqinile, okubeka ingcindezi enkulu ekulinganisweni kwamanani.
Ngaphezu kwalokho, sibone amacala ashaqisayo okuwa kwezinkampani, njengalawo e-Tricolor Holdings kanye ne-First Brands Group, lapho izikweletu ezifihliwe kanye nokukhwabanisa kuye kwadalulwa khona . Lezi ziqephu zisebenza njengesikhumbuzo sokuthi imakethe yangasese ingaba yinto engacacile kakhulu nokuthi amanye amanani akhushulwe yinqwaba yemali eyengeziwe kanye nethemba elikhulu.
Izimoto zokutshala imali kanye nenkinga yokuntuleka kwemali
Kunezindlela ezahlukene zokufinyelela lezi zimpahla. Izinkampani Zokuthuthukiswa Kwebhizinisi (ama-BDC) ziyathakazelisa ngoba zitshala imali ezikweletini zangasese kodwa zithengiswa esidlangalaleni , okwenza zibe yi-barometer yemakethe; uma abatshalizimali beba novalo, intengo yesitoko yehla ngokushesha noma ngabe impahla eyisisekelo isebenza kahle. Ngakolunye uhlangothi, kunezimali ezihlala ziluhlaza noma ezihlala ziluhlaza.
Inkinga ngalezi zimali zokugcina ukuthi zithembisa ukuthi kuzoba lula ukuphuma, kodwa uma kuba nokwanda kwezicelo zokuhlenga, isikhwama singase sinciphise ukuhoxiswa kwemali . Lokhu kunengqondo: awukwazi ukuthengisa impahla engashisi ngokushesha ngaphandle kokwamukela ukulahlekelwa okunonya. Lokhu kudala ukungezwani okuyingozi phakathi kokulindelekile komtshali-zimali kanye nohlobo lwangempela lwempahla.
Izifundo kanye nemibono yesikhathi esizayo
Lolu hlelo luye lwabonakala luqinile kuze kube manje, ngokwengxenye ngoba ukulahlekelwa okuningi kuye kwancishiswa yizinyathelo zikahulumeni noma ngoba inzuzo iphansi kunango-2008. Kodwa-ke, ukuxhumana nabashuwalensi namabhange esifunda kusalokhu kuyinkinga. Isihluthulelo sokugwema ukulahlekelwa kule makethe ukuhlaziywa okujulile kokuthengiselana ngakunye nokugwema ukuthonywa yisithembiso senzuzo ephezulu ngaphandle kokuqonda indlela yokutshala imali.
Ukuvela kwesikweletu sangasese kubonisa ukushintshela kumodeli lapho ukuxhaswa kwezimali kwezinkampani kuguquguquka kakhulu kodwa futhi kungacaci kahle. Ukulungiswa kwamanje phakathi kwemikhakha yezobuchwepheshe kanye nesimo senzalo esisha akunakugwenywa, futhi cishe sizobona ukwehla kwenani lempahla kulezo zintengiselwano ezenziwa ngezilinganiso eziphakeme kakhulu ngaphambi kuka-2022, okuphoqa abaphathi ukuthi bakhethe kakhulu futhi baqine ekuhlaziyeni kwabo ubungozi.