MJ Minter
MJ Minter & Co on 02/01/2019

Special Economic Zone (SEZ)

In his recent State of the Nation speech President Cyril Ramaphosa made mention of regenerating industrial hubs with an assortment of incentives, to incentivise investment in inter alia rural economies. We have a number of existing SEZ‘s and it is worth revisiting these to explore the

  MJ Minter & Co
MJ Minter & Co on 02/01/2019

Sustainable Development Goal (SDG) 8: Decent work and economic growth

In his recent SONA, President Cyril Ramaphosa described a scenario of building an all-inclusive economy and providing decent jobs for the unemployed youths. A lot of what he is proposing is aligned to the United Nations (UN) SDG’s. Below is an extract from the UN SDG’s 8 (there are 17 in total)

  MJ Minter & Co
MJ Minter & Co on 02/01/2019

Load Shedding Your Business

It seems that load shedding is back, resulting in decreased productivity and financial losses for business, especially small businesses.

  MJ Minter & Co
MJ Minter & Co on 01/01/2019

What A Business Plan Can Do For You And How To Use It

Contrary to popular practice, a business plan is not a means to securing financing. Instead it is a step by step guide to running your business and creating the product or service that will make it in the marketplace. Like any other map, your plan will have to be adjusted according to your vision for the company, conditions and opportunities in the marketplace and your business’ current condition.

  MJ Minter & Co
MJ Minter & Co on 12/01/2018

Economy Grows By 2.2%

Good news to end 2018 as the South African economy grew by 2,2% quarter-on- in the third quarter of 2018, bringing to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries – most notably in manufacturing, transport as well as finance and business services – were enough to lift economic growth back into positive territory.

  MJ Minter & Co
MJ Minter & Co on 11/01/2018

The 17 Sustainable Development Goals (SDGs)

The 17 Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development were adopted by 193 world leaders in September 2015 at the United Nations General Assembly: “Transforming our World: the 2030 Agenda for Sustainable Development” [known as Agenda 2030]. They officially came into force on the 1 January 2016. South Africa is one of the member states of the United Nations.

  MJ Minter & Co
Profmark Team on 09/01/2018

How to Choose A Business Partner

When you are contemplating going into business with someone, either in the form of a joint venture, partnership or as co-owners of a business, there is no way to guarantee that it will work. However, there are some things you can do to try and prevent any problems down the line.

P Profmark Team
Profmark Team on 09/01/2018

Recession - Strategic Thinking, Planning & Action

Our previous article detailed the technical analysis of our current recession. We need to develop a strategic plan to assess the impact on our lives and businesses, and plan accordingly. Even if you don’t think the current recession will impact your business you still need to have a strategic plan.

P Profmark Team
Profmark Team on 07/01/2018

CIPC Launches Digital Financial Reporting Solution

The ease of doing business and particularly reducing the regulatory burden for businesses received a boost with the launch of Companies and Intellectual Property Commission (CIPC’s) Extensible Business Reporting Language (XBRL), a Digital Financial Reporting Solution at the Johannesburg Stock Exchange (JSE) in Sandton. The system will allow companies to file Annual Financial Statements using this mechanism and the data could be shared across the regulatory spectrum for multiple purposes. Speaking at the launch of the XBRL, the Minister of Trade and Industry, Dr Rob Davies said while there are many challenges with the Fourth Industrial Revolution, it does offer the possibilities of improving governance.

P Profmark Team
Profmark Team on 06/01/2018

Trusts - Liability of Trustees

Trusts have recently come under the spotlight from a SARS perspective. With the recent amendments, it is important for a trustee to fully understand their role and responsibilities. Although a trustee may not act in the capacity of trustee until he/she has received a letter of appointment from the Master, he/she is still liable for any unlawful act committed in the handling of trust affairs prior to the issue of the letters.

P Profmark Team
Profmark Team on 04/01/2018

Save 28% to 45% Using Section 12J Structuring

Private equity firms, family offices, private individuals, trusts and companies who have invested in start-ups or mature businesses during 2017 may have missed a huge opportunity if they have not considered investing through a Section 12J Venture Capital Company (“VCC”).

P Profmark Team