12 Jun 2012

Finance, Accounting & Banking

 



We launch BizBuy

Bizcommunity.com has launched a new service that we reckon you will love - whether you're in business and need a particular product, and/or as an individual, want to get away from it all at a great price, or buy something - at an equally great price.

If either cap - or both - fit you, then take a look at our new online shopping portal, BizBuy.

By the way, we're also looking for partners who want to offer their products and services to a bigger market - for unbeatable prices. Businesses and companies that want to enrol as a BizBuy partner can email bizbuy@bizcommmunity.com for more information.

As we all know, we already have enough fraud and corruption in this country, so it's good news that the government is rolling out a new biometric card to boot out social grant fraud. Here's hoping it works - we think we'd all like to see our tax monies being spent properly and not stolen or wasted.

On the education & training front, two PHD candidates at UCT have focused their respective theses on factors that influence motivation, performance and decision-making, and performance expectancies and individual motivation that lead to discretionary effort within team members of professional networks.

Finally, something more for you petrol heads out there... According to our tame motoring editor Henrie Geyser, Lexus has produced a couple of new models that are ready to rumble the Germans, ja!

As Henrie puts it: "The latest styling is mean and muscular, particularly the new front with its spindle grille, gaping air intakes, chin-out bumper, deep-set headlamps and... Hmmm, must be like looking in a mirror for Henrie.

Rod Baker, content director

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Finance, Accounting & Banking


Shop online with a debit card
Consumers no longer need a credit card in order to buy online. Major retail sites are increasingly making it easier for consumers to conduct shopping in a digital environment - but it has been a luxury not available to those who only have access to payment by debit card, which has traditionally not been accepted in most e-commerce environments. Read more >>

Accounting and Auditing


NASDAQ readies payouts for Facebook IPO glitch
NEW YORK, US: NASDAQ is taking steps toward compensating investor losses due to computer glitches that fouled trading on the first day of Facebook's US$16 billion IPO, the Wall Street Journal said on Tuesday. Read more >>

Credit Services


Nedbank, Collins Group sign R354 million agreement
Nedbank Corporate Property Finance recently announced the successful conclusion of a finance agreement with the Collins Group that will enable the Durban-based property developer to construct a 51 000m2 distribution facility in Willowton, just outside Pietermaritzburg. Read more >>

Financial Services


Mobicover launches new app ahead of insurance conference
Local smartphone strategy specialist, MobiCover, in cooperation with Cims SA, has developed and sponsored a smartphone application for The Insurance Conference 2012 at Sun City from 10-13 June 2012. The application is downloadable on iPhone, Blackberry and Android, and it allows registered delegates to access the conference schedule with real time updates. Read more >>

Financial Planning Institute introduces board examination
Moeletsi Mbeki, one of South Africa's most respected economic and political commentators, has drawn a disconcerting picture of how easily South Africans get caught in a debt trap. He says the country's high unemployment, coupled with high poverty levels, puts an added burden on those lucky enough to have an income. Read more >>

MUA appoints new marketing manager
Warwick Scott-Rodger has been appointed the new marketing manager for specialist high net worth underwriter, MUA Insurance Acceptances, as of 1 May 2012. Read more >>

Virtual products well-suited for Facebook commerce
Despite the fact that some big US brands have shuttered their Facebook storefronts, Facebook is likely to carve out a strong position as a commerce platform for certain types of businesses and transactions. Read more >>

Stanchion and Baker Gysi & Associates announce merger
The South African payments technology landscape sees a major consolidation with the merger of two niche specialists that perfectly complement each other. One is a leader in online payments systems consulting, implementation and on-going management; the other an integration and custom software specialist skilled in building electronic funds transfer systems for retailers and financial service providers. Read more >>

Investment Management


Conference to focus on future development of shared ownership
Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group, will host Shared Ownership Investment Conferences on 26 June in Cape Town and 28 June 2012 in Sandton, Johannesburg. The conferences will be co-sponsored by law firm ENS. Read more >>

Shell Foundation to offer solutions for Africa's SMEs
Shell Foundation will address this year's Africa Finance & Investment Forum (AFIF) on the importance of Africa's small and medium enterprise (SME) sector to sustainable economic growth in the continent, and the development of a new asset class to provide a combination of growth capital and business skills to entrepreneurs on an international scale. Read more >>


International
Millennials value branch locations over online services and ATMs
CHICAGO, US: Nearly one in three adults in the US today are defined as Millennials, (consumers aged 18-35) and this group could be a lucrative target for financial services companies. Read more >>

More International...


Partners
Bizcommunity.com launches online shopping portal, BizBuy
Bizcommunity.com is proud to announce the launch of its own online shopping portal, BizBuy, focusing on two categories, Business products and Lifestyle products. Read more >>


Government
Gauteng to prioritise small business
The Gauteng Provincial Government has allocated more than R112m to the province's small business development agency as part of a new strategy to support more entrants into the economy, Economic Development MEC Qedani Mahlangu said on Friday. Read more >>

SA seeks debt clarity under Basel 3 terms
The Reserve Bank's registrar of banks, Rene van Wyk, is scheduled to meet the Basel committee in the next two weeks to iron out issues that could help ease the liquidity concerns facing South African banks. Read more >>

More Government news...


Jobs offered
Financial Manager - The Grayston Hotel
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New people on biz

Trip Ochenksi
Customer Support at Switch Commerce Merchant Services
lungelo mayekiso
graduate accountant
Michael Mori
Using "XERO" bookkeeping to deliver meaningful business success strategies.
Isaac Masusu
Senior Financial Analyst at GroF
Michael Johnson
CPA

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