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CONSTITUTIONAL COURT UNANIMOUS RULING ON NKANDLA

CONSTITUTIONAL COURT UNANIMOUS RULING ON NKANDLA

In the Constitutional Court’s (Concort) scathing judgement against President Jacob Zuma on the Nkandla matter, the full bench of 11 justices said: “By passing that resolution (absolving Zuma), the National Assembly effectively flouted its obligations.” Neither the President nor the National Assembly was entitled to…

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EXCHANGE RATE AS AT: 01/04/2016

EXCHANGE RATE AS AT: 01/04/2016

Reference: Nedbank

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NEW MYCITI BUS ROUTE – PHASE 2 APPROVED

NEW MYCITI BUS ROUTE – PHASE 2 APPROVED

Phase 2 has been approved by the city council. This includes two major trunk routes between Mitchells Plain and Claremont (T12) and a portion of a route from Khayelitsha to the intersection of Strandfontein and New Ottery roads (T11). Thirty communities are expected to benefit…

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HOW TO EMPOWER YOUR PEOPLE TO BE THEIR BEST

HOW TO EMPOWER YOUR PEOPLE TO BE THEIR BEST

HOW HAVE LEADERSHIP STYLES SHIFTED IN RECENT TIMES The trend has been toward a more consultative and coaching leadership style, rather than a more traditional autocratic approach. The current workforce requires their leadership to be more inclusive, open and flexible. People are more concerned about…

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‘EMPOWERING SUPPLIER’ STATUS – PREREQUISITE FOR B-BBEE?

‘EMPOWERING SUPPLIER’ STATUS – PREREQUISITE FOR B-BBEE?

‘Empowering supplier” is a new concept introduced in the amended codes. The B-BBEE certificate will indicate this status, which will have to be independently verified before or as part of the annual verification. A customer’s spending with a supplier may only be recognised on its…

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SELLING TO GOVERNMENT AND CORPORATES – HOW TO BREAK INTO THE SUPPLY CHAIN

SELLING TO GOVERNMENT AND CORPORATES – HOW TO BREAK INTO THE SUPPLY CHAIN

The codes have been reduced from seven to five elements, with three – Ownership, Skills Development and Enterprise and Supplier Development – elevated to priority status. These priority elements require a sub-minimum of 40% of the targets to be achieved, failing which large entities will…

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4 GOALS EVERY ENTREPRENEUR MUST SET FOR 2016

4 GOALS EVERY ENTREPRENEUR MUST SET FOR 2016

MAKE THINGS HAPPEN This is the most important goal. Get your working product or service offering to market as soon as possible. There will always be time for feedback, more R&D and other improvements later on, but the most important thing an aspiring entrepreneur should…

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HONESTY – ALWAYS THE BEST POLICY

HONESTY – ALWAYS THE BEST POLICY

A wise man once said: ‘Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.’ Albert Einstein echoed this sentiment in saying: ‘Whoever is careless with the trust in…

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SOUTH AFRICA MAINTAINS TOP POSITION FOR AUDITING AND REPORTING STANDARDS

SOUTH AFRICA MAINTAINS TOP POSITION FOR AUDITING AND REPORTING STANDARDS

South Africa has maintained the number one position for its strength of auditing and reporting standards for the sixth consecutive year. You can find more information on this ranking in the World Economic Forum’s Global Competitiveness Report 2014 – 2015. http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2014-15.pdf

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