Treasury announces COVID-19 tax measures

Submitted by admin on Mon, 03/30/2020 - 11:21

Sunday, March 29, 2020

Finance Minister Tito Mboweni on Sunday announced exceptional tax measures to counter the impact of the Coronavirus (COVID-19) pandemic.

“The Minister of Finance has announced the following exceptional tax measures as part of the fiscal package outlined by President Cyril Ramaphosa on 23 March 2020 in his speech on the Escalation of Measures to Combat COVID-19,” said the Ministry of Finance.

Call for South Africans to work together in turning economy around

Submitted by admin on Mon, 03/30/2020 - 11:10

Saturday, March 28, 2020

Government has urged all South Africans to unite, remain positive and continue to work hand-in-hand to turn the economy around.

This comes after Moody’s decision to downgrade South Africa’s long term foreign and local currency debt ratings to ‘Ba1’ from ‘Baa3’ and maintain the negative outlook.

South Africa’s credit ratings by Moody’s are now one notch below investment grade.

CIPC to grant essential service business operation approval

Submitted by admin on Thu, 03/26/2020 - 13:52

Thursday, March 26, 2020

All businesses that will be allowed to provide essential services during the 21-day COVID-19 lockdown will be required to seek approval from the Department of Trade, Industry and Competition (the DTIC).

This is in terms of the National State of Disaster gazetted regulations which were published on Wednesday by Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma.

CoronaVirus Gets Lockdown Support

Submitted by admin on Wed, 03/25/2020 - 16:26

Tuesday, March 24, 2020

South Africa is bracing for its first government-imposed lockdown as part of stringent measures to slow down the spread of Coronavirus.

On Monday night, President Cyril Ramaphosa announced government’s decision to enforce a 21-day lockdown, which will take effect at midnight on Thursday.

The televised announcement has awoken many across the Republic to the seriousness of the pandemic, which has claimed over 17 000 lives globally.

UIF, CF safety net intervention details

Submitted by admin on Wed, 03/25/2020 - 14:44

Tuesday, March 24, 2020

Government has unveiled employment related plans expected to soften the blow of the COVID-19 countrywide lockdown, on workers and firms.

During the lockdown, which will come into effect on Thursday midnight until midnight 16 April, only essential services will be able to perform work as normal.

“A large cohort of the workers will remain at work in the emergency services,” said Employment and Labour Minister Thulas Nxesi during a press briefing on Tuesday.

The Three S's of e-commerce

Submitted by admin on Wed, 10/30/2019 - 20:11

1. Storage Space: Some e-commerce site building platforms put a cap on your sales, so choose one that offers you the inventory space and bandwidth to fit your needs. The best e-commerce platform will let your online shop sell online without limitations.

2. Safety Protocols: Choose a program that offers fraud protection and Secure Socket Layer (SSL) encryption. This is for the protection of you and your customers. SSL technology makes it possible to send online payments securely and is a must-have on all e-commerce sites.

E-commerce 101

Submitted by admin on Tue, 10/29/2019 - 09:21

Over the past several years, e-commerce has transformed how people buy and sell online. The Internet provides a fast and easy way for people to purchase things without having to visit an actual store. An online store can reach customers anywhere in the world. In fact, online shopping has become so popular that many vendors sell only online with no physical location.

Business idea viability study

Submitted by admin on Tue, 10/15/2019 - 10:15

If you have a business idea you are probably raring to go and full of enthusiasm. This is good, as you will need that enthusiasm and dedication to get through the hard work that lies ahead. Before you start working on the detailed planning of your idea, you need to do a quick viability study. This will help you with the following:

What is a business plan

Submitted by admin on Mon, 10/14/2019 - 10:45

A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized.

It communicates a viable business idea. We communicate with employees, suppliers, investors, financial institutions and other stakeholders. The main reason for this communication is to convince stakeholders that the new venture will be successful and it is worthwhile to invest in the enterprise.