82 informal traders from Kimberley were given training in the Coca-Cola Beverages South Africa (CCBSA) Grow My Business training programme on the 5th of May. This is all in efforts to equip them with tangible business skills for them to succeed in a tough economic environment. Coca-Cola Beverages South Africa, as a responsible corporate citizen, is committed to giving back to communities in which we operate by uplifting communities through different programs and initiatives which supports the government’s main agenda. The programs we are focusing on are; Youth Empowerment through education, Environmental Management and up skilling our South African informal traders (Tuck-shop owners and hawkers). CCBSA plans to grow and service South African owned and operated tuck-shops in all the provinces in which we operate. This initiative includes informal traders in and around key focus towns in the Free State. The focus on informal traders is important as they play a big role in the South African economy and the revitalization of our townships. They are however, faced with challenges which include: Financial and equipment support, increasing competition, skills shortage and unsustainable business model. It is therefore important that together, Private businesses and Government come up with initiatives that will help improve how these informal businesses operate. It is for this reason that, CCBSA has decided to empower 1050 informal traders (hawkers) in the Free State with the support of the following Departments: Economic Development, Small Business Development, Tourism and Enviromental Affairs. We kick-started the programme in Botshabelo and Bloemfontein and have already trained 137 informal traders with basic business skills on how they can grow their businesses. The commitment to empower and uplift South African informal traders continues as we plan to train more in the North West District, Klerksdorp, Welkom and Bloemfontein. CLICK HERE to submit your press . . .
(East London) – Forget a sluggish national economy. Township retail is booming as major brands invest amid stalled CBD and suburban growth. One such case in point is Mdantsane’s biggest retail node, Mdantsane City Shopping Centre, which has established itself as a hotbed of retail activity. General manager Dean Deary said foot traffic had increased by 4% this year alone and that the 36 000m2 mall had shown consistent year-on-year growth throughout its nine-year history and was now effectively fully tenanted. “Mdantsane City turned nine years old in April and I am extremely proud to see the investment and buy-in of our local community that has helped the centre reach this milestone. We have one vacancy left, which has been offered to a prospective tenant.” The success recently prompted Famous Brands to expand its investment by establishing the area’s first Wimpy restaurant, which is scheduled to open in June. The centre already boasts sister brand, Debonairs. “This new addition will add to the already growing foot traffic and increased turnovers for our tenants, while delivering exciting, quality brands for our shoppers,” said Deary. Mdantsane-born entrepreneur Sakhumzi Klassen is the driving force behind the Wimpy initiative. The 41-year-old franchisee, who has various business interests in the former township area, believes the Wimpy franchise is a tangible sign of growing investor confidence by big brands in Mdantsane. “Mdantsane is a very interesting place, and I would like to see it reach the levels of other similar townships such as Soweto,” he said. “It is currently not at its rightful place socially, economically or from a growth point of view.” Klassen said his latest venture would help to address this by creating 20 permanent jobs, with at least another five part-time openings depending on its stability and growth. “We urge the community to come and support this business, as it will support more than 30 local families if you also . . .
Cape Town, Western Cape , 03 May 2017 – Servest celebrated the opening of their new regional headquarters at 2 Berkley Road, Ndabeni , Cape Town yesterday with clients and suppliers.. Servest, Africa's leading Integrated Facilities Management Company clearly signalling their commitment to the growth of the business in Cape Town and the region. Servest currently employ over 4,500 people in the Cape Town area and planned expansion would see this double in the next 3-5 years, creating thousands of entry level, semi-skilled, supervisory and management positions across the city. “The Cape Town economy is growing rapidly and Servest is proud to be an active contributor to the growth in the region.” says Farhaana Mohdien Group Head Marketing and Sales Servest The location of the new building is visible and accessible to one of the main arterial routes in Cape Town, the M5 freeway, a north – south freeway that links the N1 and N2. The location also places Servest in a central location between the already developed city and the expanding Northern and Western regions of the city to best serve the needs of their customers. The opening of the new Servest headquarters will provide positive benefits related to economic and employment opportunities and a vibrant urban environment in which all local businesses can thrive. In a statement on the opening of the regional headquarters, Servest Chief Executive Officer Steve Wallbanks said: "I am extremely pleased to see the completion of this project. The new facility will enable us to integrate all of Servest’s service lines in one building. The completion of the move is a key element in our drive to strengthen the effectiveness and efficiency of Servest’s operations and service delivery to our customers." Servest is committed to a long term strategy of broad based black economic empowerment and local economic development and in the spirit of this commitment, most of the contractors and sub-contractors involved in . . .
AFRICAN MINDS: Bamuturaki Musinguzi an Ugandan journalist and cultural economist (left), Butholezwe Nyathi, Programmes Manager at Amagugu International Heritage Centre (AIHC) in Zimbabwe (centre) and Florence Majachani, from the Nhimbe Trust (Right) are part of the African speakers on the line up for the South African Cultural Observatory’s National Conference on May 24 and 25 at the Turbine Hall in Johannesburg. Picture: SA Cultural Observatory. African insights to feature strongly at creative economy conference APRIL 26, 2017: THE African experience of growing, maintaining and developing a strong cultural and creative economy will be a main focal point at the South African Cultural Observatory’s (SACO) conference this May. The conference coincides with Africa Day celebrations on May 25. “There is no doubt creativity and human ingenuity is going to drive the fourth industrial revolution. As a young continent – 65% of the population of Africa is under 35 – there is ample opportunity to train and develop the youth to maximize their contribution to local economies. “The creative and cultural industries offer a viable career path in the face of automation; it is also an integral part of the future we want to imagine is possible on the African continent,” said Njabulo Sithebe, SACO Deputy Director of Research. The conference, which takes place at the Turbine Hall in Johannesburg on May 24 and 25, seeks to showcase African thinking, insights, best practices and case studies to build a solid understanding of how the broader African creative economy is developing. “We have a varied mix of respected African academics, consultants and practitioners who are primed to share their experiences at the conference,” he added. Topping the list is Florence Majachani, from the Nhimbe Trust and an Independent Research Consultant from Zimbabwe. Majachani, is a specialist in cultural governance, advocacy, cultural rights, and citizenship and creative industries. She has over ten . . .
Woolworths Holdings Limited (WHL) is pleased to announce the 10th anniversary of its Good Business Journey (GBJ), a flagship South African sustainability programme that was launched in 2007 by Simon Susman, now Chairman of WHL, as a commitment by Woolworths to make a difference to people, communities and the environment. The GBJ was a first of its kind in South African retail whereby sustainability became a strategic platform for the business with specific public targets. Over the last ten years the GBJ has set new standards across its eight focus areas of transformation, social development, health and wellness, ethical sourcing, sustainable farming, waste, water and energy. Last year, the company updated its GBJ goals through to 2020 including embedding the programme into the Group’s Australian businesses which now account for over forty per cent of turnover. Ian Moir, Chief Executive of WHL said, “When we launched the GBJ in 2007 we didn’t really know exactly where it would lead, but we did know it was the right thing to do and that it would be a journey. It was the type of innovative thinking that has been important to Woolworths since it was founded 85 years ago, and it was a way for us to bring together all the different social and environmental initiatives we were already busy with, under one flagship programme. These are initiatives that matter most to us and everyone our business touches, and the GBJ was our plan to make an even bigger difference.” “We’ve learned a lot along the way and we continue to learn from both our successes and mistakes. The issues behind the GBJ have, if anything, become even more important than they were ten years ago. Our goal now is to be the most sustainable retailer in the southern hemisphere and we have built a strong business case around sustainability.” Justin Smith, Head of Sustainability at Woolworths said: “This is an important celebration which allows us to remind ourselves that business is no longer about profit . . .
Employee engagement is a buzz word. Everybody knows it. However, few people know that employee engagement means money. Research shows that companies in the US with engaged employees can outperform those without by up to 202% and have 6% higher net profit margins. And although such South African statistics are lacking, they are sure to look very similar. Unfortunately, the same research shows that only 29% of the American workforce is engaged – and this is without the added stress of economic uncertainty. Today, as South Africa faces an uphill battle out of junk status and faces the impact of the downgrade on business and budgets, employee engagement is at risk and businesses must find ways to address it. “When people are unhappy or insecure or worried, engagement drops immediately,” explains Teryl Schroenn, Chief Executive Officer, Accsys. “Any change plays a role on engagement. A look at the ANC right now – the impact of recent events has left it a disengaged party. In business, the same thing happens – people get nervous, they disengage and they worry about their jobs.” Maintaining employee engagement in complex economic times is an ongoing process, not an event. It has never been more important to have open lines of communication, to build relationships and to ensure employees feel safe. It is a tight rope to walk, especially if the business has been affected and retrenchments are in the pipeline. An active role “Economic difficulty usually translates to corporate belt tightening and employees know it,” says Schroenn. “It is vital that communication is honest and that management works behind the scenes to mitigate the risk as much as they can. It is hard to get the balance right, but it is vital for the long-term success of the business.” Often a dramatic announcement such as South Africa’s plummet to junk, sees people run in different directions, panicking in their attempt to protect themselves and their futures. It’s a fair response, but in the . . .
This year, SAIPA proudly celebrates 35 years of distinguished achievement. The Institute’s contributions not only to the accounting profession, but to economic growth and social upliftment in South Africa, positions it as a guardian of integrity and a catalyst for change. We are enormously proud of the initiatives we have recently undertaken in this regard: Economic empowerment and education SAIPA has, from its inception, supported the empowerment of all social groups in the accounting industry. Currently, our campaigns and roadshows actively promote the profession as a career of choice. We’re also passionate about the growth and transformation of the profession and this is one of our strategic objectives. Empowerment is built on education and we pride ourselves on our two programmes, which include our annual National Accounting Olympiad that has been running for more than 10 years and has recently been extended to reach a bigger audience, with the inclusion of Grade 11 learners, as well as Grade 12s. This enables us to uncover more bright young minds in the country. In addition, our Project Achiever initiative - a joint effort by SAIPA and the Finance and Accounting Services Sector Education and Training Authority (FASSET) - brings about transformation in the accounting field by means of assisting black candidates who meet our qualifying criteria by funding their further studies with SAIPA. Whether it’s carrying out missions across the continent to strengthen accounting practices, or improving our Continuous Professional Development (CPD) programmes, SAIPA is driven by an unrelenting energy for growth. Business rescue and contribution to legislation Late last year, SAIPA became one of two professional bodies accredited to regulate members who practice business rescue. The Companies Act allows for business rescue - the rehabilitation of financially distressed organisations. With this accreditation, we can provide our members with support and . . .
Top line-up of South African speakers for SA Cultural Observatory Conference APRIL 24, 2017: THE SOUTH African Cultural Observatory has secured a stellar local line-up of academics, researchers and creative practitioners for its National Conference at the Turbine Hall in Johannesburg on May 24 and 25. The conference aims to explore the relationship between the creative economy and development imperatives. The response to the call for papers was substantial the research centre said, receiving close to 100 submissions from across the arts, culture and heritage sectors, the creative and cultural industries, and research institutes and places of higher learning. “There is clearly a demand for greater insight into the South African creative economy – known as our ‘golden economy.’ While our golden economy remains undervalued, underdeveloped and underappreciated, it contributes around 3% to GDP, employs over 440 000 people and keeps many above the poverty line and engaged in meaningful work,” said Njabulo Sithebe, SACO Deputy Director for Research. “This is SACO’s second international conference and will highlight and explore the trends shaping our nascent creative economy.” The draft programme, just released, focuses on policy debates, monitoring and evaluation, skills development and education. It also examines the place of festivals and events, highlights youth perspectives, audience development and provides case studies. The programme is driven by the overarching theme of the conference: The Cultural Economy & Development: Perspectives from Developed and Emerging Economies. There will also be a panel series presented by: Business Arts South Africa on ‘Junk Status – Different Futures, Different Opportunities?’; Mapungubwe Institute for Strategic Reflection on ‘New Thinking on the Arts and Development in South Africa’; Human Sciences Research Council on ‘African Development & the Arts’; and The Fort on film, television and . . .
In collaboration with Vividress we present the wedding dress trend 2017. The bridal fashion 2017 gives you a world of possibilities to get exactly the style that matches you. Some trends we have seen before have come to stay while others are brand new. We have gathered the hottest trends in the new season and will give you an insight into what's happening in the bridal world. But remember - whatever your fashion, always choose the dress that makes you feel the most beautiful on your wedding day - it's alpha and omega. See all the great 2017 wedding dresses from Vividress. Deep cutout The tendency of the deep beautiful backs has come to stay, but by 2017 there is a focus on the cut-out both front and back. Especially the deep v-cutout are something we will experience a lot in this season. The V-cut is especially flattering for brides with a slightly larger bowel, and in addition it helps to extend the silhouette. One thing is for sure, the designers expect 2017 brides to be more brave and willing to show more skin - and the result is elegant - perfect for the modern bride. Put your day on the spot We have seen more and more colours in the last seasons and 2017 is no exception. Shades like caramel, champagne, mocha and blush are good alternatives to the classic ivory color, and are still soft and feminine. Often the fabric is under the blonde, which is colored while the blonde is still ivory colored, creating a nice contrast. Many brides want to get away from the whole ivory color without getting too far away from the wedding territory. The colored dresses fit perfectly into the vintage style, and can also add a little extra glow depending on skin tone. Bohemian styles The Bohemian style expresses a relaxed style, which is very simple and casual. The style, also called Boho, got a serious foothold in the early 90's and has more or less been present ever since. In recent years, we have seen some of the style in the bridal world, but by . . .
The recently launched Westlake View Logistics Park in Modderfontein, Gauteng, is everything a world class A grade logistics park should be – well located, well designed and easily accessible. Situated within the Westlake View Logistics Hub off the N3 London Road off ramp, it is particularly suited to blue chip companies looking for a strategic position in a sought after location where land for development is limited. Westlake View Logistics Park is also something of a trendsetter. Speaking at the launch of Phase 1 of the Westlake View Logistics Park, Fortress Income Fund’s executive director Andrew Teixeira explained that this latest facility had been designed according to the latest global best practice and incorporated top grade safety and security features and best green building practices. Fortress Income Fund – one of the top property funds on the Johannesburg Stock Exchange with a property portfolio worth over R28,7-billion – has strategically positioned itself as a provider of premier logistics and warehousing facilities for blue chip tenants in Gauteng, KwaZulu-Natal and the Western Cape. It has one of the largest logistics property development pipelines in South Africa. Westlake View forms part of the 1 million sqm of warehousing that is due to be developed over the next five years. This equates to a combined investment of approximately R8 billion. Teixeira said there had been growth in demand for warehousing in South Africa in recent years. Supply chain management trends had seen the consolidation of multiple distribution points into larger, centralised regional distribution hubs. Both the recently launched first phase of Westlake View and the second phase that is to follow facilitate this trend. In addition, Westlake View has been designed with other key trends in supply chain management in mind. Intelligently designed warehousing enables companies to weed out inefficiencies and wastage. “We help drive down costs through technology . . .