21 Aug 2012

Finance, Accounting & Banking

 



IMC to engage on Marikana dispute

What happened at Marikana last week is a blot on this country, and in an effort to ensure that what happened there does not happen again, the Inter-Ministerial Committee (IMC) has committed to finding a solution to the dispute. It cannot be allowed to fail.

MCI Consultants recently released the results of its recruitment trend survey. It revealed some interesting points, such as 93% of organisations try to recruit internally before approaching recruitment agencies, and 53% use social media to recruit candidates, with LinkedIn being by far the most successful. There's far more to the survey, of course - so don't just sit there, take a look.

You know that favourite storage device of yours? Well, if you're not careful there's a pretty good chance it's infected... A recent survey found that a third of computer users have infected storage devices.

On the science front, SA is on a roll when it comes to its output of research. What's more, South Africa has also more than doubled its publication numbers in the same period covered by the survey, namely 2000-2010, from 3617 in 2000, to 7468 in 2010.

Now for a melodious message - and we think this is simfly suupah! A music streaming service is to launch in SA. Launch date is 27 August.

Finally, to end... our classy, built-for-comfort motoring editor Henrie Geyser, car-waxes enthusiastically over the new Mazda BT-50.

Rod Baker, content director

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Finance, Accounting & Banking


Changes in National Credit Act can affect property owners
The National Credit Regulator (NCR) aims to amend certain provisions in the National Credit Act due to the rate of unsecured lending being worrisome for the regulator. According to the NCA, some credit providers are using loopholes in the NCA regulations to entice consumers to take out unsecured lending over asset-backed finance. Read more >>

New members join board of Financial Planning Institute
The Financial Planning Institute of Southern Africa (FPI) has announced the appointment of three new non-executive directors of the institute for a two-year term. They are Logie Govender, David Thomson, and Natasja Norval Hart. They will replace the outgoing Raymond Snyders, Kathrin Franz and Nasrat Edoo Sirkissoon. Read more >>

Banking


Supporters Club Card to make its debut in Pretoria
The new Springbok Supporters Club Card, a contactless smart-card from Absa, will make its debut when Absa Boktown events continue with the rugby test between the Springboks and Argentina on Saturday, 18 August 2012. The Boktown events will be staged at Trademarx in Pretoria. Read more >>

3D Secure protection the solution to online credit card fraud
One of the biggest obstacles to growing e-commerce is credit card fraud, but the risks could be slashed if the 3D Secure protection system was widely implemented. Read more >>

Financial Services


FNB expands cellphone bank service to Swazi‚ Lesotho
[Sure Kamhunga] FNB has launched cross border payments to Swaziland and Lesotho using a cellphone‚ as SA's third largest bank by customer numbers expands its Pay2Cell service that was launched in September last year. Read more >>

Investment Management


Lion of Africa Insurance supports youth's vision for 2030
The SA2030 Presentation Evening for high school learners in the Western Cape is an initiative to bring dynamic young minds together to identify and address important issues in building a sustainable South Africa for 2030, as is stipulated in the National Planning Commission's agenda. The event was sponsored by Lion of Africa Insurance. Read more >>

Confidence of SA graduate professionals declines
The confidence of graduate professionals on a number of key issues, specifically the state of the economy and financial markets, declined in the second quarter of 2012, according to the latest results from the PPS Graduate Professionals Confidence Index. Read more >>

Post-investment: be prepared for growing pains
[Adrian Dommisse] If your business has survived the first two to three years and you want to continue growing it, there's a strong chance you'll be looking for an investor. But be careful what you wish for, the dream investment and the glow of success will bring growing pains, which will be more painful than you imagined. Read more >>

Inequality, unemployment 'hold SA back'
SA's inability to tackle inequality and unemployment, rather than uncertainty over economic policy, is seen by some as the underlying obstacle to the kind of investment needed to drive growth and job creation. Read more >>

Taxation


Venture Capital


No shortage of money
[Anton Ressel] Why is accessing finance such a challenge for most SA businesses? A recent snap survey by enterprise development specialists Fetola, showed that 93% of small businesses are uncertain about where and how to access finance. Read more >>


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Temp Creditors Clerk - Johannesburg - Northern Suburb
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Head of Credit Risk - Johannesburg - North
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