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South Africa

Your guide to owning a real estate franchise

Franchising is a hugely popular business model in South Africa. It’s so successful, in fact, that it generates a whopping 14% of the total GDP. For entrepreneurs, franchises provide an invaluable short-cut to building lucrative operations. However, not all franchises – in all industries – have the same benefits. According to Tony Clarke, MD of the Rawson Property Group – one of South Africa’s most successful real estate franchisors – few industries can beat property for ease of access and earning potential. Here’s everything you need to know to decide for yourself if real estate is the franchise opportunity for you. What is a franchise “Essentially, buying a franchise means buying the right to run your business under an established brand using their proprietary tools, techniques and procedures,” says Clarke. In return for your franchise fee and a small share of your profits, Clarke says franchisees should receive ongoing support from their franchisor. “The franchisor is responsible for maintaining the brand’s competitive edge and – ideally – helping the franchisees reach their full potential,” he says. “The better the franchise, the better the support – you can tell a lot about a franchisor by talking to their franchisees.” Why franchises beat start-ups According to Craig Mott, Business Development Manager for the Rawson Property Group, franchises gain the edge over most start-ups by eliminating the biggest setup challenges. “No need to spend months – and millions – defining your brand, business model and strategies, or building market presence from scratch,” he says. “With a franchise, you’re buying into an established brand where all the groundwork has been laid for you. That dramatically reduces the time it takes to get up and running and bringing in clients.” Why choose real estate? According to Tony Clarke, franchises in real estate, specifically, have even greater benefits than those in other industries. “For starters, real …


Source: MyPR International
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Divorce After Retirement

A vast amount of ink has been spilt in the last decade discussing the consequences of divorce upon a spouse’s Pension Interest when married in community of property, this being the natural offshoot of changes over time to both the Divorce Act (Act 70 of 1979) and the Pension Fund Act (Act 24 of 1956). Although this article is not going to rehash what is common knowledge, it’s prudent to note for present purposes that these changes were aimed at giving effect to the “clean-break” principle when it came to parties’ Pension Interests upon divorce, a non-member spouse then entitled to 50% of a members Pension interest upon divorce when married in community of property. These changes were welcomed given that upon the granting of a Divorce, the Court would order that the member spouse’s Pension Fund be directed to pay to the non-member spouse 50% of the member spouse’s pension interest. The practical implication of divorce upon retirees taking cognisance of the above general position does however require attention, specifically for two reasons: A practical one, being that there was a greater tendency for the generation in question to conclude a marriage in community property, be that by choice or design; A legislative one, given that definition of “Pension Interest” in the Divorce Act is the following: “the benefits to which a party as a member of a pension fund would have been entitled in terms of the rules of that fund if his membership of the fund would have terminated on the date of the divorce on account of his resignation from office”. The practical implication for retirees is that a Pension Fund cannot be ordered by Court to pay to a non-member spouse upon divorce 50% of the members spouse’s Pension given that the benefit had already accrued to such member spouse upon retirement. Before exasperation sets in, this does not mean that a non-member spouse is not entitled to 50% of the member’s pension benefit but simply that payment of such …


Source: MyPR International
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2022 SA Car Of The Year Winners’ Reveal Date Announced

The South African Guild of Mobility Journalists (SAGMJ) has announced that the competition winners of the 2022 South African Car of the Year (COTY) competition will be announced on Monday, 6 June 2022. This prestigious competition, staged by the SAGMJ, has run continuously since 1986. The Guild announced the 25 finalists for this year’s competition at the end of January. https://sagmj.org/2022/01/28/2022-south-african-car-of-the-year-finalists-announced/ Besides the overall winner’s crown, finalists can also win one of ten categories. The ten categories include Budget, Compact, Compact Family, Midsize, Premium, Luxury, Performance, New Energy, Adventure SUV and 4X4 Double Cab. The Budget and Premium categories have no contenders this year. There are also category winners for the Motor Enthusiasts Choice, which is selected by the public via social media, and the Juror’s Excellence Award, which awards the vehicle with the highest scores based only on juror scores without the automated sales scoring. “There was great rivalry in most categories in this year’s competition. In recent years, technological innovation has made tremendous advancements that positively impact value-for-money customer offerings, making the scoring process particularly difficult,” says Graham Eagle, Chairman of the 2022 COTY committee. The Guild is busy finalising the plans for this year’s reveal. Follow them on social media for more information about the winners’ reveal on 6 June. CLICK HERE to submit your press release to MyPR.co.za International/. 2022 SA Car Of The Year Winners’ Reveal Date Announced Submission Details Author: SA Guikd from South African Guild of Mobility Journalists. More Info link: Images: For a high res version of THIS image please contact South African Guild of Mobility Journalists Facebook: Twitter: …


Source: MyPR International
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Public Comment On Mandatory Community Service For Legal Professionals 

13 May 202: The Department of Justice and Constitutional Development has called for public comment on mandatory community service for legal professionals in the country. One of the purposes of the Legal Practice Act (LPA) is to broaden access to justice by putting in place measures to provide for the rendering of community service by candidate legal practitioners and practising legal practitioners. The new regulations, which are open for public comment until 20 June 2022 can be found at the following link: https://dearsouthafrica.co.za/legal-practice-act/ “As with all our campaigns, we encourage the South African public to make their submissions. Participation in decision-making processes means citizens, civil society organisations and other interested parties can influence the development of policies and laws which affect them. DearSA has made this process easy and transparent, and we call on citizens to make their voices heard and co-shape these amendments.” Said DearSA CEO Gideon Joubert on Friday. The new regulations propose the following: Candidate legal practitioners A candidate legal practitioner must, as a component of their vocational training, render eight hours per annum of community service. A person who commences service as a candidate legal practitioner during the course of a calendar year must perform community service equal to not less than one hour per month, or part thereof, in the first calendar year of vocational training. The community service rendered by a candidate attorney must be supervised by their principal and the community service rendered by a pupil must be supervised by their engaging advocate. The period of service referred may be intermittent or continuous. Any extra hours of community service rendered in a calendar year may be carried forward as credits for the next calendar year. A candidate legal practitioner must, after completion of the period of practical vocational training, submit to the council one or more certificates …


Source: MyPR International
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The ICT skills you need to stay ahead of the digital curve

With the Fourth Industrial Revolution (4IR) brought a step closer by the COVID-19 pandemic, businesses’ continued success relies on their ability to use information and communication technology (ICT) to its fullest - and that depends on having people with ICT skills. The question facing many business leaders is what skills, specifically, their business and people need to stay ahead of the digital curve. According to Prudence M. Mathebula, the founder and Managing Director of Dynamic DNA, a leading training and skills development company empowering Africa’s ICT generation, a few critical skills areas have emerged as critical for businesses. She explains that these required skills coincide with the basic backbones of 4IRT technology: networks, coding and apps, and the ability to keep workforces functional and customers happy. Cloud and security backbones First, then, are skills in the underlying technologies that support the 4IR: Cloud networking and cyber security analytics, where certification in solutions by Amazon (Amazon Web Services, or AWS), Microsoft (Azure), and Google (Google Cloud Platform) are most in demand. “This accelerated demand for cloud skills is a direct result of the pandemic, which forced a migration toward distance learning and remote work,” Mathebula says. Added to that, Forrester Research expects that enterprises will accelerate their move into cloud-scale applications to meet their competitive challenges this year. Coding languages, apps and UX The cloud backbone allows for the next thing businesses will need skills to develop: mobile apps, coding (which is now being introduced in schools from primary school) and quality assurance testing on those apps and systems. These skills include knowing different coding languages such as Java, JavaSCript, Swift, Objective-C and Kotlin, and knowing how to use the libraries and platforms that support them, such as React.js, React Native, and the Angular framework. “But what’s the use of having …


Source: MyPR International
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Last chance to enter the 2022 Innovation Awards

With less than a month to go before the official opening on June 7th of Automechanika 2022 at the National Exhibition Centre, Nasrec, Johannesburg and excitement around the Innovation Awards building, the deadline for entering the competition has been extended to midday on Friday, May 13th, 2022. Product innovation is synonymous with the Automechanika brand and as such, the Innovation Awards have been a highlight of the local event since it was first held in 2009. Manufacturers, suppliers, and distributors are thus invited to submit automotive products they deem to be innovative and pioneering in their respective fields for scrutiny. Over the years the finalists and winners in the Innovation Awards have been showcased in a special exhibit at the show and have garnered huge interest from industry representatives and the public alike. Winners have been able to successfully harness their achievements in the competition to bolster their marketing programmes and – as a result – have tasted local and international success. “Entries will be judged by an independent jury of highly qualified and respected automotive experts representing recognised organisations and representative bodies within the industry,” explains Michael Dehn, Managing Director of exhibition organisers Messe Frankfurt South Africa. “They will score products on a predetermined list of criteria. These include design, quality, efficiency, functionality, practicality, value for money, environmental friendliness and – of course – innovation.” Organisations represented on the panel of judges include the Retail Motor Industry (RMI), the Automobile Associated (AASA), the National Association of Automotive Component and Allied Manufacturers (NAACAM), the National Association of Automobile Manufacturers of South Africa (NAAMSA), the Automotive Industry Export Council (AIEC), the Motor Industry Bargaining Council (MIBCO) and Absa, which is also a sponsor of the event. In keeping with the latest automotive trends, …


Source: MyPR International
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FNB evolves Private Bankers into Private Advisors and accelerates branch modernisation

11 May 2022 – FNB is once again raising the bar as an integrated financial services provider with platform-based assisted and unassisted services. It is transitioning its Private Bankers into Private Advisors while also accelerating the modernisation of its branches to cater for digital and face-to-face client interactions. The transition from Private Bankers to Private Advisors The transition of Private Bankers to Private Advisors allows clients to get more out of their relationship with FNB. Private Advisors will be equipped and accredited to provide integrated advice to help clients unlock cashflow in transact and lend activities, thus enabling them to save and invest more and protect their assets and loved ones. Furthermore, to improve the quality of engagements across client segments, FNB will significantly increase the number of Private Advisors. "Traditionally, private banking was mostly about providing personalised services for day-to-day client needs," says Raj Makanjee, CEO of FNB Retail and Private Banking. “However, we're evolving our approach towards providing integrated advice across the banking, lending, investment and insurance needs of our clients. Through integrated advice underpinned by the efficiency of our platform, we want to help our Retail and Private Banking clients and their families realise value across the full range of our solutions and services. We are doing this in response to changing client needs and as part our commitment to providing client-centric solutions," he says. Modernisation of the branch network FNB plans to continue modernising its branch network with a strong focus on digitisation, enhanced client service, and optimal cash solutions for clients. It is optimising space and design, and future branches will average 350m2 in size rather than the current 460m2. It is also regularly reviewing its branch footprint and location, as well as the services required in the communities where it operates. FNB built 9 new branches in …


Source: MyPR International
Pages: Page 1 Page 2

Under Secretary Fernandez’s Travel to South Africa and Zambia

May 9, 2022: Under Secretary of State Jose W. Fernandez will travel to Cape Town, South Africa, May 9-11, and Lusaka, Zambia, May 12-13, to engage with government officials, business, and members of civil society to support our shared objectives regarding trade and investment, public health and environment programs, and pandemic relief. In Cape Town, Under Secretary Fernandez will give a keynote address at the Invest in Africa Mining Indaba, Africa’s largest mining investment conference, where he will focus on the importance of U.S. support and investment for developing and securing more resilient critical mineral supply-chains.  The Under Secretary will focus on promoting increased investment in Africa to further job growth, greater economic inclusion, and opportunity for citizens in the United States and across the continent.  He will also meet with private sector representatives to deepen our ongoing collaboration to improve the response to and economic recovery from the COVID-19 pandemic, including measures to support vaccine development and sustainable production. Under Secretary Fernandez will then travel to Lusaka, where he will meet with President Hakainde Hichilema and Government of Zambia representatives to strengthen bilateral economic ties and promote U.S. investment and business engagement focused on inclusive economic growth and prosperity. The Under Secretary will host representatives from the local business community and the private sector to promote an enabling environment for trade and investment opportunities and economic growth for the citizens of Zambia and the region. CLICK HERE to submit your press release to MyPR.co.za International/. Under Secretary Fernandez’s Travel to South Africa and Zambia Submission Details Author: Africa Media from The Africa Regional Media Hub. More Info link: Images: For a high res version of THIS image please contact The Africa Regional Media Hub Facebook: Twitter: …


Source: MyPR International
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The public participation process over proposed health care rules is a ‘sham’ and ‘irregular’ More than 95% of 280,000-plus DearSA comments from members of the public have come out against proposed health care regulations.

09 May 2022: DearSA has written to the Director-General (DG) at the Department of Health informing him that the public participation process over proposed changes to health regulations is a ‘sham’ and irregular’ after numerous participants received notifications that their emails had been deleted without being read. The DearSA campaign elicited an unprecedented level of public response, with more than 226,000 comments from South Africans (that figure has since risen to more than 285,000) – more than 95% of them opposing the proposed changes to health regulations. Allowing just 30 days for public comment on draconian changes in health regulations is unconscionable, given the regulations are contained in 153 pages and, if allowed to pass, will materially and adversely affect the rights of all South Africans. Even more concerning is a notice published in the Government Gazette on 4 May 2022, which on the one hand extends the period for public comment on these draft regulations to 5 July 2022, but on the other hand makes permanent certain regulations under the National Health Act. Various commentators have pointed out the permanent application of certain health regulations while awaiting comment from the public over many of these same regulations is a duplicitous and cynical move by government. DearSA filed papers on 9 May 2022 to interdict the government from introducing health regulations without public comment. The Minister of Health has used a clause in the Act which allows him to permanently introduce regulations – covering such vital issues as mask-wearing, the size of outdoor gatherings and vaccine certificate requirements for people travelling to and from South Africa – without having to submit these regulations for public comment. DearSA says the draft regulations are unlawful, and the Minister of Health has gone outside the powers granted him under the National Health Act. “The Act is concerned with regulating the provision of healthcare services across all …


Source: MyPR International
Pages: Page 1 Page 2

Hino Trucks Off To A Flying Start With Comparative Customer Experience In 2022

Hino South Africa has got off to a flying start in 2022 in terms of the results of the first quarter Customer Experience survey of the local trucking industry. Importantly, the brand held on to its top position in terms of the Combined customer service management score in DataTrack’s quarterly comparative truck study, while also placing first in the Technical Service and Sales categories. Hino has dominated the Combined customer experience table in the past three years. Hino’s Combined total of 98.69% was the third highest in Hino history, with 99.32% in Sales and 99.05% for Service being among the highest scores achieved by Hino in these categories in this survey of 37 500 truck and fleet operators in South Africa. Currently 12 manufacturers and importers have their customer experience measured quarterly. “The DataTrack Comparative Truck Study, which has been undertaken quarterly since 1989, is an important measure of the overall Hino SA operation for our management team and our ongoing success is due to the dedication and motivation in our countrywide dealer network, as they are in the front line with our customers,” commented Pieter Klerck, General Manager of Hino SA. CLICK HERE to submit your press release to MyPR.co.za International/. Hino Trucks Off To A Flying Start With Comparative Customer Experience In 2022 Submission Details Author: Khaya Mdletshe from Hino South Africa. More Info link: Images: For a high res version of THIS image please contact Hino South Africa Facebook: Twitter: …


Source: MyPR International
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