According to the Morningstar Fund Rating Agency’s statistics, the top three Shariah Compliant Unit Trust Funds in South Africa - with a combined market capitalization of more than R10bn- have performed relatively poorly over the last five years with average annualised returns of 3.9%, 4.7% and 7% respectively. Moreover, investing directly into these Unit Trusts does not offer investors any income tax breaks. About to change this, is the newly established Prudential Shariah 12J Investment Fund, a joint venture between fund managers Prudential Shariah and venture capital asset management firm, Futureneers. This is the first Shariah compliant Section 12J Venture Capital Company in South Africa. (The fund’s Shariah certification was issued by the firm Global Islamic Financial Services). “I am excited to have been involved in developing and launching such an innovative investment product into the South African Muslim investor community” says Mufti Ismail Desai who also serves on the fund’s board and investment committee where he will oversee the investment activities. “The fundamentals in the fund’s design are solid; it is managed by an experienced team with an exceptional track record, and the investment mandate is well defined. I am confident that investors will find the value proposition an attractive consideration and alternative.” Treasury enacted Section 12J of the Income Tax Act, incentivises South African taxpayers to invest into the local economy, by means of a 100% tax deduction on funds invested into a registered Section 12J Venture Capital Company. This equates to an immediate return of up to 45% on the full investment amount, assuming the investor is on a 45% income tax bracket. If an investor (an individual in the highest tax bracket) therefore invests R1 million into a Section 12J Venture Capital Company, the investor will receive a tax deduction of up to R450,000 at the end of the tax year. What this means is that the investor will receive a . . .
The susceptibility to fires at the Primrose informal settlement on the East Rand has seen hundreds of people left homeless. Engen KlevaKidz, an educational campaign that uses industrial theatre to engage with and educate learners about the importance of paraffin safety will be visiting Hawk Academy, 12 Main Reef Road, Primrose, Germiston on 19 November at 10am. Engen Corporate Social Investment Manager, Adhila Hamdulay explains that young children in under-resourced households are often the primary day-time care givers, often looking after their siblings while their parents or guardians are at work. “Without supervision, and uninformed of the multiple dangers associated with using paraffin, children between the ages of 7 and 13 are often vulnerable, and it is these children who are the focus of Engen KlevaKidz,” says Hamdulay. Since its inception in 2008, Engen KlevaKidz has reached over 281 214 learners in 700 schools across South Africa – from rural villages deep in Limpopo and the Eastern Cape to townships in Gauteng, the Western Cape and Free State. Engen KlevaKidz takes the form of an interactive educational stage drama using engaging characters to relay key safety messages in the learners’ mother tongues including Zulu, Sotho, Xhosa and English, combined with jingles to reinforce the theme. Superhero safety educator, Mr Wise is the main character who educates young learners about how to identify and use paraffin safely while interacting with “learners” Bongi and Junior, and urges them to be careful when using paraffin. Stories are used to explain to the learners what to do if paraffin is ingested or inhaled. Mr Wise also focuses on the importance of being clean and washing hands after contact with paraffin, and how to store paraffin safely. “Engen are South Africa’s leading supplier of paraffin through the Laurel Paraffin brand. As a leading provider of petroleum products in South Africa, we take this to heart and are honoured to . . .
South Africa’s Internet namespace has surpassed 1.2 million name registrations across all the Second Level Domains (SLDs) registered and administered by the ZA Central Registry NPC (ZACR), namely co.za, web.za, net.za and org.za. ZACR is the administrator of South Africa’s presence on the worldwide web. In addition to the above-mentioned SLDs, ZACR has also registered a total of three SA cities’ Geographic Top Level Domains (gTLDs): .joburg ('dotJoburg'), .capetown ('dotCapeTown') and .durban ('dotDurban'). The 30-year Registry Operator veteran has furthermore secured the prestigious .africa (‘dotAfrica’) gTLD. “South Africa‘s SLDs, with their impressive 1.2 million total registrations, have cemented .ZA‘s standing as one of the world’s most popular namespaces and successfully capped ZACR‘s third decade serving the South African and global Internet consumer,” says ZACR CEO, Lucky Masilela. The co.za SLD alone currently has over 1 117 000 registrations. South Africa, a country of 57 million people, is the leading domain name market on the continent with over 1.2 million registrations of domain names. By way of comparison, Nigeria, a country of 190 million people, has notched up 102 000 registrations within its .ng country code domain name. Mr Masilela puts the runaway success of co.za down to the globally proven “Triple R” model adopted in 2010 and to which the local domain name sector continues to adhere, with clearly obvious and positive results. The Triple R Model is based on the separation of functions and responsibilities by the Regulator the Registry Operator and the Registrar. “Our current model is the reason South Africa boasts the highest number of Africa’s domain name registrations coupled with our intention to keep the domain costs as low as possible on the continent,” explains Mr. Masilela. The ZACR as the Central Registry responsible for the technical wellbeing of South Africa’s presence on the worldwide web, the dozens of Registrars . . .
Montecasino’s sizzling hot R5 million Summer Winnings promotion is clocking up car and cash prize winners for 10 weeks through to 15 December, with the latest winner being Rhi Kong from Randburg who drove off in a brand-new BMW 118i worth R416 619 on 25 October, along with two other players who left R100 000 and R50 000 richer. Qualifying slots and tables players stand a chance to win a total of five BMW 118i’s and R150 000 per draw for Black Rewards cardholders in five Thursday night draws, R60 000 per Friday night draw for Platinum and Gold Reward cardholders, and R90 000 for all cardholders in monthly Saturday draws. Upcoming draws are happening on 15 and 29 November and 13 December for Black cardholders, on 2 and 30 November and 7 December for Gold and Platinum cardholders, with Saturday bonus draws on 27 October, 24 November ad 15 December. A total of 300 players will win cars and cash prizes by the end of the promotion. Mike Page, Operations Director and GM of Montecasino, says, “It’s a red-hot promotion that is bringing in scores of regular and new players who can handle the heat at the nail-bitingly exciting draws. Montecasino is the place to be for the hottest gaming promotions in Gauteng and for all round memorable experiences. We wish every player the best of luck for the remaining Summer Winnings draws – 300 people have to win, and it could be you!” For more information on the promotion and on what’s happening at Montecasino, visit www.tsogosun.com/montecasino or Facebook.com/Montecasino. CLICK HERE to submit your press release to MyPR.co.za. . . .
Over the past few years, the Southern African Plastic Pipe Manufacturers Association (SAPPMA) has slowly but surely been expanding its influence beyond South Africa's borders as this voluntary, self-regulatory body continues to attract members who are also operating in neighbouring, sub-Saharan countries. According to Jan Venter, CEO of SAPPMA, both the association’s name and logo are being recognized as a guarantee of top quality HDPE and PVC pipes that are sold in Botswana, Namibia and Zimbabwe. Furthermore, the SAPPMA brand and mission are also being communicated into the rest of Africa and the Middle East thanks to Abu Dhabi-based NSF International, who provides independent, third-party testing and certification of plastic ingredients, materials, fittings and piping. Operating in a global village "The world has truly become a global village. Borders and distances between countries are no longer a barrier to entry or to conducting business. For this reason, it is imperative for the plastic pipes that are being manufactured in South Africa (and are being exported to the rest of the continent, and perhaps even the world) to meet international standards of quality," says Jan Venter, CEO of SAPPMA. This observation is confirmed by Christian Kurdy, Managing Director of NSF. "More and more consumers are looking for safe and quality products. This has become the norm in the US and Western Europe and is most certainly a differentiating factor in countries like South Africa. It is important to consistently produce high quality plastic piping products and being a member of SAPPMA sets these products apart from the inferior ones,” Kurdy says. “High quality standards do not have borders and SAPPMA is actively engaged in a mission to help companies provide credibility to their customers - whether they are located in South Africa or abroad. By deciding to join SAPPMA, NSF international (a US based organization) is proving that this awareness is indeed . . .
Universal Children’s Day is an opportunity to create awareness on the importance of all children, including those living with a disability and to reflect on where society has failed them, says Lusito School principal, Deolinda Molina. “As we celebrate Universal Children’s Day on November 20, let us remember that children are the future leaders of our world and only with our guidance, care, and nurturing, can they positively change our society. Unfortunately, children living with disabilities are often not seen or are forgotten in the eyes of society,” says Molina. The 2006 UN Convention on the Rights of Persons with Disabilities establishes that children with long-term physical, mental, intellectual or sensory impairments should enjoy the same human rights and freedoms as other children. The Convention further explains, in all actions concerning children with disabilities, the best interests of the child shall be a primary consideration, with children living with disabilities having the right to express their views freely on all matters affecting them. The purpose of Universal Children’s Day is to highlight the progress being made towards the realisation and promotion of rights of children, whilst the South African government also declared the first Saturday of November as National Children’s Day, aimed at protecting them against abuse and violence. But Molina says the lived reality of children living with disabilities is far from ideal. “Due to the lack of data and research on child disability, not only in this country, but the world as a whole, the creation of effective policies and programmes that could be aimed at bettering the children’s lives is lacking. Add to that the stigma they have to put up with, and lack of infrastructure and resources that make navigating everyday life that much more difficult,” Molina explains. Molina further explains that violence against children has a severe impact on South Africa’s economy. “A report by Save . . .
Survivor Pinotage gift pack comes to the rescue at Makro - Survive the Christmas rush and head straight for the wine aisle at your nearest Makro to pick up a Survivor Pinotage gift pack courtesy of this free-spirited range of quality wines from the Swartland. The perfect gift for wine lovers, the gift pack comprises a bottle of hearty Survivor Pinotage 2016 and two trendy stemless wine glasses. The pack depicts the legendary Nguni cow that jumped off a bakkie and chose as its new home the Rust’s Constantia farm near Malmesbury where the Survivor grapes are grown, declaring: “The cow stops here”. Firmly rooted in low-yielding dryland Swartland vineyards, Survivor Pinotage is enjoyed for its structure and fullness. This is a fruit driven wine with rich flavours of prune, plum and cherries complemented by elegant notes of spice and cedar. The wine was barrel-matured for 18 months. This home grown wine variety is a perfect fit for an authentic South African festive season braai of sweet barbeque ribs, boerewors and steak. The Survivor gift pack is available exclusively at Makro stores countrywide at a festive price of R169. You will also find it at the Overhex Winery & Bistro if you are passing through Worcester over the holidays. For more information visit www.overhexsurvivor.com. CLICK HERE to submit your press release to MyPR.co.za. . . .
Today HomeBiogas, a company specializing the manufacture of small-scale biogas systems that convert organic waste into renewable cooking fuel, is proud to launch the HomeBiogas Bio-Toilet on World Toilet Day. The Bio-Toilet solution connects to the HomeBiogas biogas system, enabling the human waste from the toilet to be converted into cooking fuel in an elegant, user-friendly way that does not require a connection to the sewage or water grid. According to the World Health Organization (WHO), 2.3 billion people in the world have no access to basic toilet facilities, and 892 million people practice open defecation – in open bodies of water, fields, alongside roads or in ditches. Poor sanitation from open defecation is linked to transmission of diseases such as cholera and diarrhoea and is the cause of hundreds of thousands of deaths per year. In 2015, in order to raise awareness on the issue, the UN General Assembly declared November 19th as World Toilet Day, with the ambitious goal of 2030 as the year by which there will be sanitation for all and an end to open defecation due to lack of toilets. Oshik Efrati, CEO and co-founder of HomeBiogas says, "The UN Sustainable Development Goals challenged us. We took our solution, the HomeBiogas 2.0, which converts food waste into cooking fuel, and thought about how we could take advantage of that existing technology for the important goal of allowing all humans on earth the right to a decent, safe and clean toilet. We researched the issue for several years", he added, "we considered all the solutions available today, and visited target populations in Africa and India. For a deeper understanding on the issue, I personally accompanied a woman who travels 2 kilometers/3 miles by foot daily to the desolate wilderness where she defecates. On the long walk there, she explained to me how unhygienic open defecation is and that she and other women sometimes fears for her safety, as they are vulnerable to any passerbys late at . . .
JOHANNESBURG, South Africa, 19 November 2018 This December, the force will be with Mall of the South at the second ComicEx event, taking place on the 1st and 2nd of December 2018 between 9am and 6pm daily. ComicEx celebrates a different aspect geek culture by showcasing a range of superhero and villain comic books and activities and gaming galore. So join in on the fun and come dressed as your favourite superhero or villain at ComicEx. There will be loads of activities available in the arena, including: cosplay, ComicEx Idols, ComicEx Nerf Battle Zone, artist alley, tech and gadget zones, comics, figurines, stalls and so much more. ComicEx is two-day ticketed event; one-hundred Rand (R100) gets you in per day and one-hundred-and-fifty Rand (R150) allows you access over both days. Tickets are limited, so be sure to get your tickets from Computicket. Terms and conditions apply. Tickets will also be available at the entrance. ComicEx is proudly brought to you by Caxton Alberton Record, Comaro Chronicle, Southern Courier and Get It Jo’burg South and Alberton, Dion Wired, Icarus Media, Mall of the South, Seeff Properties Kibler Park, South of Jo’burg business and Tourism (SOJO) and The Geek Bang Theory. For more info, simply mail ComicEx SA at email@example.com. Keep up-to-date with Mall of the South’s news and events. Simply visit www.mallofthesouth.co.za and follow us on Facebook, Twitter and Instagram #MalloftheSouth CLICK HERE to submit your press release to MyPR.co.za. . . .
HEADLINING ACT FOR RAW AT THE BAXTER THEATRE! For the first time ever, The RAW Fest brings tons of amazing acts exclusively to The Baxter Theatre this festive season! Early Bird Price – R75 (Until 9 Dec) Thereafter – R100 (From 10 Dec) BOOK NOW! on WebTickets: http://www.webtickets.co.za/event.aspx?itemid=1485415328 CLICK HERE to submit your press release to MyPR.co.za. . . .