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Favorable shift for small business owners in the home loan market

Posted on: November 22, 2013 by admin

 
Since the global recession that hit both the developed and developing world in 2008, most people have been quite conservative when it comes to getting into any long term financial commitments. 
 
It is estimated that around 24% of applications for home loans in 2007 were submitted by individuals who generated income independently through their own businesses.
 
Even though that percentage dropped to around 12% since then, the average loan granted to these individuals - small business owners and entrepreneurs - is significantly higher than those granted to their counterparts who rely on...

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Why your business needs a website

Posted on: November 22, 2013 by admin

 
Many businesses were established before the technological era and are still running a successful company without the additions that the technological age brought us. 
 
Online marketing is still a foreign idea to many small to medium business owners and others simply feel it is too complicated. 
 
Today we’ll look at probably the most important aspect of online marketing – websites – and why it has become crucial for your business to have one.
 
The first reason for...

Shopping mall’s in the West Rand get a facelift!

Posted on: October 22, 2013 by roodepoortchamberofcommercecoza374

Shopping mall’s in the West Rand get a facelift!

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How the rising petrol price affects business

Posted on: September 19, 2013 by admin

Fuel price hikes is one thing that a business cannot avoid. Petrol is made from crude oil, which is extracted from the ground and then refined and exported from the main oil-producing nations to the rest of the world.
 
 
As with other goods, if the supply of oil increases, price will decrease and vice versa. The recent increases in the fuel price have much to do with political conflicts in the large oil-producing nations of the Middle East. Uprisings like these can change the fuel price in two ways – it may lead to a decrease in supply or the anticipation of...

Job prospects for South African youth

Posted on: August 8, 2013 by admin

 

South Africa’s recent fall in the global markets to over R10 to the US Dollar and a national growth rate of just 0.9% has caused an increase in the official national unemployment rate, which has gone from 24.9% to 25.2%, as well as an increase in the percentage of the unemployed that have given up on looking for a job (now at just under 38%).
 
These factors have all weighed down on the youth job market and the number and range of opportunities available to both high school and university graduates.
 
The blame for the increase cannot necessarily be placed on one part of the economic process, whether...

Prominent Female Entrepreneurs In South Africa

Posted on: July 5, 2013 by admin

Over the last ten years, South Africa has seen a major rise in the development and continued success of some of its most prominent female entrepreneur’s.


Many of these promising developments have come in fields such as medicine, social work, business, economics and cultural development.Furthermore, many of these entrepreneurs have been given recognition not only for their excellent work in their respective fields, but also because they have managed to break down some social barriers that face women in many societies around the world.


Lesley-Ann van Selm



Lesley-Ann van Selm is a highly successful social entrepreneur, who is the founder and managing director of Khulisa Crime Prevention Initiatives. She has won a number of awards, including the Pinnacle Award at last year’s Southern Africa Social Entrepreneurship (SASE)...

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ROCCI | 5 Tips To Keep Your Employees Happy

Posted on: June 28, 2013 by admin


1. Building real trust



To many employers, the idea of building relationships with their staff begins and ends with the annual company team-building retreat. While these retreats may help somewhat when it comes to getting to know the people you work with, it doesn't necessarily convert into trust within the workplace. In the face of the tough economic times being felt around the world at the moment, one of the most fundamental ways that an employer can earn the trust of their staff is to be honest about what kind of trouble might be coming, while at the same time assuring them that their job security will not be threatened, instead of building false trust with lunches, outings and special gifts.


2. Fair and consistent feedback



The only way to keep your employees happy is to let...

What does the Tax Administration Act mean for businesses?

Posted on: June 26, 2013 by admin

The recently passed Tax Administration Act is the latest in a series of changes made to the Tax laws in South Africa, gradually making the laws surrounding both personal and business taxes stricter in hopes of increasing returns and to get individuals and businesses to file their returns more responsibly.
 

The TAA gives more control to SARS in terms of effecting penalties, not only for late submissions, which has been the norm for many years, but for a variety of other issues that might arise with any one individual tax return.
 

For businesses, it is not as common for problems to happen as it is for individuals on their tax returns. This is because businesses, depending on the size, will have professional accounting staff employed in order to have the company’s tax set in order in-house, whereas individuals either have...

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The West Rand as an Industrial Powerhouse

Posted on: May 7, 2013 by admin

 

For a long time, the West Rand of Johannesburg has been considered a major contributor in the industrial sector of Johannesburg. Not only is it home to some of the most densely populated industrial parks in the city, but it also holds some of the most successful mining companies in the area. Areas such as Randfontein and Carletonville (although not traditionally viewed as part of the immediate ‘West Rand’ of Johannesburg, it is linked via mining resources and economic trade) are recognized as two of the most successful mining areas in the country, known for the mining of a variety of valuable resources such as gold, silver, smaller diamond mines, and steel ore.
 

The development of the West Rand territories has increased significantly over the past few years, with many more industrially minded companies (as well as individuals employed by these companies...

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ROCCI Member Benefits

Posted on: May 6, 2013 by admin


Rocci member

 

One of the easiest ways for a...

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