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Saturday, 23 November 2019 19:06

No financials, no finance

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South African entrepreneurs looking to access finance to grow their business, won’t make much progress if their financials are not in order. This is the advice shared by Ken Brown, the Master Franchisor at SME.Tax  - one of South Africa’s most innovative accounting franchise groups.   “We see it all…
Keeping abreast of technology changes affecting the banking landscape is tough. From AI and machine learning to mobile, fintechs, digital, data, cloud and many more, new developments are happening all the time.One option in making things a little bit easier to understand is to attend TCI’s upcoming BankTech Southern Africa…
Thursday, 21 November 2019 12:45

Bidders are incorrectly disqualified on Local Content

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The revised Preferential Procurement Policy Framework Act Regulations (PPPFA) of 2017 clearly stipulates that the Department of Trade & Industry (DTI) has the regulatory mandate to designate ‘industries, sectors and sub-sectors for local production at a specified level of local content”.  The Regulations further instruct that “only locally produced goods,…
By Kate Collier , Partner & Shane Johnson, Professional Support Lawyer at Webber Wentzel The Minister of Employment and Labour has invited public comments on the current draft of the proposed amendments to the Major Hazard Installation Regulations, published under the Occupational Health and Safety Act (draft regulations). The proposed regulations include potential…
REMUNERATION, REWARDS AND HR TRENDS – TOP TRENDS FOR 2020from SA’s largest Remuneration and Reward Consultancy   “Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” — Voltaire It’s always important to remember that loyalty has never come from “cracking a whip”. French…
Technology is fundamentally changing our relationship with money. Fact. What we do for entertainment, how we get from point A to point B and even the most mundane routines such as grocery shopping are exponentially changing, on a daily basis. We are also seeing substantial changes in our relationship with…
Wednesday, 20 November 2019 14:19

It must be good because it’s “international”

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Unpacking SA’s flawed understanding of foreign school-leaving qualifications and the outstanding quality of our very own NSC  Opinion by Anne Oberholzer, CEO of the Independent Examinations Board Over the past few years, a number of educational institutions operating in South Africa have taken to punting the benefits of an “international”…
Wednesday, 20 November 2019 09:00

Demand for M&A insurance seeing significant growth

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3,200 deals transacted globally in 2018 using W&I insurance with market value reaching $2.3bn—a 35% increase from 2014 LONDON, 18 November 2019 – A new report, “Insurance for M&A: a coming of age and an exciting future ahead”, released today by Aon plc a leading global professional services firm providing a broad range of risk, retirement…
Tuesday, 19 November 2019 11:04

Chainsaw guru celebrates 42 years

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Mention the word chainsaw, and Innocent Sefolo’s heart probably beats just a smidgen faster. That’s because this particular granddad has been employed by Husqvarna in Pietermaritzburg for a mindboggling 42 years – most of which have involved working with the world-renowned brand’s chainsaws. To say he is passionate about his…
by Leanne Mostert, Keith Veitch, Donald Fisher-Jeffes, and Cameron MacKenzie at Webber Wentzel South Africa's exchange control regulations generally prohibit South African residents from holding an interest in a foreign company which, in turn, holds any interests or assets in a CMA country (so-called "loop structures"). There is an exception to the…
Monday, 18 November 2019 11:44

Getting to grips with small business financing

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Whether you need money to buy stock or equipment, require working capital to employ more staff or to fund a contract, or are simply looking for assistance to bridge your cash flow gaps while you are building your business, if you can’t secure the finance you need, it will have…
Workbench’s latest television commercial for Mukuru - a money transfer service - tells a story that needed to be told. The seemingly continuous xenophobic activity across the country is making South Africa an unwelcoming environment for many African migrants, providing even more impetus and necessity for sharing their story. Mukuru…

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