Two types of companies may be incorporated under the Act, namely non-profit companies and profit companies.
Profit companies may be incorporated under the following types:
Non-profit Companies (NPC)
Private Companies (Pty) Ltd
Private companies under the new Act are prohibited to offer securities to the public and the transferability of their shares are also restricted. Private companies however, are no longer limited to 50 members as was the case under the current Companies Act.
Public Companies (Ltd)
The definition of a public company is largely unchanged. The only difference is that a public company under the new Act only requires one member for incorporation compared to the 7 members under the current companies Act.
Personal Liability Companies (Inc)
The directors and past directors (where applicable) of such companies are jointly and severally liable together with the company for any debts and liabilities arising during their periods of office.
State-Owned Companies (SOC Ltd)
A State owned company is either a company defined as a “state-owned enterprise” in the Public Finance Management Act 1 of 1999 or a company owned by a municipality. The majority of the provisions of a public company will apply to state-owned companies as well.
Foreign and External Companies
A foreign company is a company incorporated outside of South Africa , irrespective of whether it is a profit or non-profit company or carrying on business in South Africa or not. A foreign company is prohibited from offering securities to the South African public unless it follows the specific provisions of the companies Act, relating to offers to the public.
A foreign company is required to register as en “external company” with the CIPC if it conducts or intends to conduct business in South Africa. The Companies Act in terms of Sect 23 lists a series of activities which will be regarded as conducting business. This list is much broader than the provision in the 1973 Companies Act relating to a “place of business” in South Africa.
Started by mondli in General 7 hours ago. 0 Replies 0 Likes
learn how to grow your mlm business http://youtu.be/x_ur-WQJ4k0Continue
Started by Posy in Employment 1 hour ago. 0 Replies 0 Likes
Started by Tamsyn in Employment 20 hours ago. 0 Replies 0 Likes
Started by Tamsyn in Employment 5 hours ago. 0 Replies 0 Likes
Phuze’mthonjeni is an IsiZulu word meaning drinking from the well. Phuze’mthonjeni was established with the idea of sharing. Sharing is not only a one way process but a participating process. I found two interesting meanings of sharing from Wikipedia. The first one says “In a broader sense, it can also include the free granting of use rights to a good that is capable of being treated as a nonrival good, such as information” and a second one “Still more loosely, ‘sharing’ can actually mean giving something as an outright gift: for example, to ‘share’ one's food really means to give some of it as a gift”. It goes without saying; unfortunately we don’t share food on Phuze’mthonjeni but food for thought.
Phuze’mthonjeni’s core vision is to create employment with the view that this will address unemployment in our country. Employee turn over is not a desirable phenomenon in the workplace for various reasons. Some say it is affected by Money Ethic endorsement, whether you like money or not. Is it chasing for money or chasing your worth? For me there is nothing wrong with loving money; as long as it does not define who you are or compromise your values. If we create an opportunity / platform for one or more individuals to prosper further in their career paths, this will give an opportunity to unemployed person to enter the corporate world.
The following three pillars put Phuze’mthonjeni to shine above the rest:
There are a number of things you can do on Phuze’mthonjeni’s profile:
Posted by Themba Dlamini on May 4, 2011 at 4:00pm 1 Comment 1 Like
Posted by Themba Dlamini on June 18, 2011 at 12:30pm 2 Comments 0 Likes
Posted by Themba Dlamini on June 23, 2011 at 3:32pm 0 Comments 0 Likes
Posted by Themba Dlamini on January 24, 2012 at 7:45am 0 Comments 0 Likes
Posted by Themba Dlamini on January 27, 2012 at 7:00am 2 Comments 0 Likes
Posted by Thabelo Adam Malapa on January 7, 2012 at 9:27am 3 Comments 3 Likes
Posted by Tshiphiri Pointme Munyai on January 24, 2012 at 5:15pm 0 Comments 0 Likes
Posted by Themba Dlamini on January 26, 2012 at 7:30am 0 Comments 0 Likes
Posted by Themba Dlamini on January 28, 2012 at 8:28am 0 Comments 0 Likes
Posted by Themba Dlamini on June 8, 2011 at 12:29pm 0 Comments 0 Likes
Many businesses can do with some assistance from Government, be it financial grants or low cost loans or tax breaks, to overcome obstacles or to help them develop and grow.
Most of you know that the Department of Trade and Industry offers cash grants for a variety of purposes, of which they are usually awarded on a matching grant basis, in other words, it covers only portion of the expense and the applicant still has to fund the remaining portion.
We noticed that some of Business representatives, District and local municipalities are not aware of these DTI incentives, consequently this result in small companies and co-operatives under them not having knowledge to access to these grants.
Which of the following is applicable to your business?
1. Tourism or Manufacturing and Pack Houses (EIP program)
If your business is involved in any of the following and you are planning to expand in equipment and buildings, or if you are planning a new project like that, you might be eligible for a grant under the EIP program:
Tourist accommodation, e.g. lodge or hotel; tourist bus services; yachts or boats around the coastline; tour operator;
Manufacturing, processing, or any form of secondary value adding process. Pack House, packing of fruit and vegetables
2. Large manufacturing industry? (IPP program)
The industrial policy projects program offers a generous tax allowance to new manufacturing industries with investment in fixed assets in excess of R200m or expansions in excess of R30m. The main requirement is that the project must save energy and create employment.
3. Textiles production and clothing? ( PI program)
The DTI launched a grant program last year to help the clothing and textiles manufacturing industry upgrade their technology and become more competitive. It is a lucrative grant package, calculated at 10% of gross profit.
4. Export of goods? ( EMIA program)
The EMIA program assists with the cost of marketing your product abroad. Expenditure such as exhibiting at international shows or conferences, travelling to meet potential customers, registering your product in foreign countries, all qualify under EMIA. Depending on where you would like to exhibit, it might cost you virtually nothing to do so.
5. Supply of any goods or services by a business that is at least 51% black owned?( BBSDP program)
This program supports any commercial business with majority black ownership, be it a service supplier, a goods supplier or a manufacturer. Grants are available for equipment as well as for professional services that will improve your effectiveness and abilities to market and manage your business.
Notes: Vehicles are not subsidized by the BBSDP. Construction companies are also supported by the BBSDP.
6. Film and TV Program
The SA Film and TV production incentive pays a grant of up to 35% on the cost of local production by both local and overseas companies. If you are active in this industry, you should know that your production cost can be cut considerably in future. Read more...
I go through “A LOT” of CV’s, always with a few things in mind. Firstly if this person has the set criteria against the job spec, if they don’t how can I place them in a future position. My job is to find people jobs, people with clearly; outlined CV’s make that a lot easier.
So what makes a CV stand out? There are many things but I think for this blog post I want to focus on the basics, these are things that should be a given, they should be in your CV, they assist each client in evaluating how you can add value, if you will fit in culturally and if your salary expectations are in line with the job at hand.
Profile Overview
This is your opportunity to point out what makes you unique, what is your amazing X factor. It doesn’t have to be long, it has to be personal, this is not about blowing your own horn arrogantly, it is about being able to demonstrate your key qualities and your motivations and drivers. A CV is a piece of paper, the only that that brings it to life are the words that you chose to you. “Make sure your canvas is portraying the colours that suit you best.”
Layout
Everyone is different, but I find it easier to read your most recent job first and then working backwards in your career. It will be easier to see if you are a match for the job.
It is recommended to make the layout very easy to read. To do this you should set it out that you can see the previous employer, previous job title, amount of tenure and job description for each individual career movement.
Honesty
Honesty is the best policy. Do not lie on your CV. You will get caught out, your CV is a reflection and collection of your “stories”. You will be more respected if you bring things up before they get asked.
Salary Expectation
Some people find this offensive to answer but the reality is that this a deal maker or breaker. So if it is so important then why not be honest and upfront about it. An average of 7% increase is the norm when applying for a new position (of course this depends on each job specifically and 7% is a guideline). My advice is be realistic about your expectations.
Your CV is an extension of who you are, if you not going to take the time to put everything you have into it to find that perfect job – will that perfect job be able to find you?
Good luck with your CV, if you require any tips please do not hesitate to contact Talent Fusion.
One would think that sending your CV should be enough to get you placed. You have worked on it for hours, making sure the dates are right, the full scope of what you have achieved and capable of should be enough informtion. But this is not always the case.
To add to the impact of your CV, I would advise every candidate to attach the following.
Firstly a copy of your ID. You ID is a quick reference for the recruiter to see who you are, connect a face to the CV. It will make it more memorable in thier head. This already puts you first in the recruiter minds. It instilles openness and transparency. A recuriter should always ask if you approve for thier agency to conduct a basic ITC check, credit check or any specific requirements that the client have asked for.
Educational records: Attach a copy of your matric, degree or diploma. It adds credibility to your CV. It means you are once again being transparent. It add’s weight when your CV is sent to a client and it also speeds up the process of a client getting to see your CV. You might think, my marks were not great, this is not as sereious as you think , send it anyway, you will be judged based on your capabilities to perform the job at hand, not what you got for Geography when you are applying for a marketing position. Don’t be so critical on yourself.
References are one of your biggest ally’s in finding a job. They are the people that are going to “talk” on your behalf. A recruiter as well as a client should always ask a candidate for permission to phone a reference. It is recommended that the only question that is asked or confirmed is if the candidate work at that place of employment, however to get a better sense of a candidate other questions could be asked as well ie: would you hire the candidate again, what were thier strengths and weaknesses.
A motivational of why you are suited to a position is also going to add value to your application, firslty it forces you to think if this really is a position you would like to apply for and secondly it inspires the recruiter or client to read further.
A portfolio of your work or examples of past projects / presentations is also always a plus. It deomstrates your abilities and adds insight into your talents.
Most importantly believe in your capability, if you do not get an interview, do not take it personally, look at it in the light that something bigger and better is out their waiting for you! And do not be afraid to ask why your CV was not shortlisted. Take it as constructive and move on.
Good luck for every position you apply for, hopefully you see some results with implementing this new strategy.
You have been looking for a new job, at first your thought it would be easy, “You” send your CV, “You” get the job but then you start realizing it is not that simple for everyone. You start going into analyses paralyses on what is wrong with you and why is your CV not getting the airtime it deserves.
Below are a few simple tips on getting better results when sending your CV to a recruiter or potential company.
Blanket Sending: You start your day off with going through different job boards and just apply. Apply to this, apply to that, ohhh that looks like fun, I could do that too. This is not a strategy that is not going to get you favour.
Vocational Goals: Have you really sat down and decided where you are going with your career, have you made a list of all that you want to achieve? By when? Take responsibility for your career. Nobody else is going too.
Are you being realistic: You have your goals; you know what you want to do. Ask yourself… are you qualified for this career? Do you need more training in this field? The chances of getting hired without the prerequisite training will not get you to the top of the shortlist pile. Be realistic about your goals. There is nothing wrong with a vocational change but be realistic on how you are going to get there.
Cover Letters: Cover letters do not have to become and essay. It could be a brief overview of who you are. Even better it could be a description of how you best suit the job description you are applying for. I would go as far as adding a link to your LinkedIn profile to show complete transparency at the end of your cover letter.
Transparency: You see a job and you think this is the job for you but you are missing a quality or a specific requirement that is in the job description. Be honest and upfront. Have the attitude that a recruiter is trying to assist you, the more they know the quicker you will get an answer to your CV.
Ideal Candidate vs. Ideal Job: Do not take it personally when your CV gets rejected. You are looking for the perfect job and the company is looking for the perfect candidate. So when your CV does not get shortlisted it is not a personal attack on you, the company could be trying to find the most qualified, experienced candidate within their budget constraints. This does not mean you are not an amazing candidate.
Follow up: There is nothing wrong with following up on why you never got the position or if you are going to be considered. Know what positions you are applying for. Keep a list, try and learn from the advice of people that are reading your CV, perhaps there is an insight that you overlooked.
Motivation: Do not lose faith in your job search. Remind yourself of your goals, do not be that pessimistic person that looks for external reasons. Stay motivated, stay positive. Your perfect job is out there.
Good Luck with the job search, wishing you success in finding your perfect position.Talent Fusion
By Gerrit Hall
As a job seeker, you probably have heard a lot of advice when it comes to your resume. All the bells and whistles your resume should have, how to format your resume to make it more read-able, why your resume should be a certain length… it gets tiring.
One of the most frequent critiques our users receive is about brevity (or lack thereof). The average resume is too long and littered with so much stuff that the person reading it doesn’t care anymore.
Instead of adding even more to your resume, here are seven things your resume just doesn't need:
An Objective Statement
Sometimes, an objective statement can really wrap things up. However, when you're looking for space on your resume, this should be the first thing to go. An employer already has your cover letter to learn about your goals for their company. Not only will your objective statement need to be re-written for every company you apply to, it's usually just a bunch of fluff.
Pictures
Unless you're applying for a modeling, acting, or other kind of job allowed to hire based on looks, your resume just doesn't need a picture, illustration, doodle, or headshot. You might think that a picture adds a certain amount of "personality" that your resume needs, but all it really does is take up space, distract readers, and could even pose as a potential lawsuit risk.
"References upon request"
Unless otherwise specified, most employers expect references later in the hiring process. Never put reference information on your resume because you’re sharing info that isn’t yours to give out. That extra line at the bottom of your resume is like writing “I am looking for a job” on your resume.
Salary Requirements
Nine times out of ten, an employer isn't going to even think about your salary requirements until after the interview. You want to convince your resume's readers that you want the job because you’re qualified, not that you have a price. Websites like GlassDoor give you the opportunity to research typical salaries in your industry and company.
Jargon
Sure, some jargon sounds like a great idea. After all, how else are you going to convince a company that you know the ins and outs of your field? The problem lies in the fact that the person reading your resume isn't someone in your department – it's probably HR. Without falling into a spiral of jargon, explain your accomplishments in easy-to-understand language.
Nitty Gritty Facts
The information your resume absolutely needs: your name, your email address, and your phone number. Everything else is up to you. If you find yourself listing your marital status, blood type, or contacts prescription you've gone too far.
Resume Template
If you don't know where to start, formatting-wise, then a template is a great crutch. However, a template can turn against you. Adding extra information can be a pain and sometimes the template just won't translate through email. If you do use a template, pay special attention to all the sections and try converting it to a PDF.
SimplyBlogNew Company Registrations
A company is incorporated by the lodging of the following main forms:
For more information on customer registration and the required supporting documentation, click here.
Memorandum of Incorporation (MOI)
The most important document governing a company is the MOI, which is a consolidation of the current Memorandum and Articles of Association of a company. The Act imposes certain specific requirements on the content of a Memorandum of Incorporation, as necessary to protect the interests of shareholders in the company, and provides for a number of default company rules / alterable provisions, which companies may accept or alter as they wish as long as it is in line with the Companies Act.
Alterable provisions within the Companies Act, 2008:

Unalterable provisions are provisions of the Act which the company may not change, such as directors’ duties and responsibilities and enhanced accountability requirements for public and state owned companies. In instances where the MOI is in conflict with the Act, the Companies Act will prevail. In addition, the Act allows for companies to add provisions to address matters applicable to that company, not addressed in the Act itself, but all provisions of the MOI must be consistent with the Act.
The Memorandum of Incorporation CoR 15.1A-E (whichever is applicable) contains the following information:
The Notice of Incorporation (CoR 14.1), which must be lodged together with CoR 15.1 contains the following information:
Scrabblestop Link Directory - An SEO friendly directory that offers free and paid advertising for quality sites.
Timesheet Software - Time Tracking Software
Orotimesheet is a time tracking software that is very simple and very complete. Used by thousands… Continue
Created by Themba Dlamini Jun 10, 2011 at 6:13pm. Last updated by Themba Dlamini Nov 9, 2011.
Getting an interview for a position you have applied for is not as easy as it sounds. Below are a few basics to increase your chances of getting a call back from the company you would like to work for.
Good luck with your Interview, if you require any tips please do not hesitate to contact Talent Fusion.
Interviews are the most nerve-wracking part of the hiring process for most people, because no longer can you let your resume and cover letter do the talking, but you actually have to meet with the potential employer face-to-face. But you can learn from the mistakes of others to impress your interviewer and get that offer.
Here are mistakes to avoid during an interview:
Arriving late or too early – This will be the first impression you give the employer, so make sure you arrive to your interview on time. Look up the directions to the company the night before to determine the best route, how long the commute will take and when you need to leave in order to arrive on time, allowing some wiggle room in case there is traffic. Also avoid arriving more than 10 minutes early, so that your interviewer doesn't feel rushed to meet you.
Dressing inappropriately – Companies have different dress codes, but in general, plan to dress professionally and conservatively, unless you're interviewing for a fashion job. You can also do a little research to find out what is acceptable dress for your industry, or give the company a call to ask the receptionist what people wear in the office.
Answering your cell phone during the interview – This is one of the biggest mistakes you can make in an interview, and shows you have poor manners. Turn your cell phone off or to silent before your interview starts, or even better—before you walk in the door.
Asking what the company does – By the time you're interviewing with a company, you should not only know what the company does, but its products or services, competitors and other key information. Demonstrate your knowledge about the company and industry to show your enthusiasm, rather than "winging" it—which only showcases your lack of preparation.
Bad-mouthing anyone or being negative – Even if you had a terrible manager or you disagreed with the direction of the company, do not speak negatively about your previous employer or anyone else. Your interviewer won't want to hire someone who comes off as a complainer, and they might believe you'll talk badly about them down the line as well.
Asking about compensation/benefits – Wait for the interviewer to bring up the topics of pay and benefits. You want to prove that you're the best candidate for the job before you start talking pay, to show that you're genuinely interested in the position and company and not just the money.
Lying – Never lie in an interview about your past experience or qualifications. The employer will find out eventually that you don't know as much as you said you did, and chances are, won't hesitate to let you go and bring someone in who actually can do the job.
Not asking questions – An interview is a two-way street; you are interviewing the company as much as they are interviewing you. Ask good questions to determine whether this job or company is a good fit. And you don't have to wait until the end of the interview to speak up—if you have a question in line with the conversation, ask it then.
Being unable to articulate your achievements – As you prepare for your interview, think about how your past experience and achievements relate to the job you're interviewing for. You will need to demonstrate how you are the best person for the job.
By avoiding these mistakes, you'll increase the chances of being asked in for a second interview. Good luck!
| Quotation nr. | Name | Closes |
|---|---|---|
ALQ.HSD.O1.01 |
Design; supply and delivery of Child Health Records as per specifications. |
30 January 2012 |
| Quotation nr. | Name | Closes |
|---|---|---|
EDQ.MI.01.07 |
Supply and delivery of Compact primary Injection test set. |
03 FEBRUARY 2012 |
| Bid Number: | A-ICT 07/2012 |
|---|---|
| Description: | Supply, delivery, installation, consolidation and maintenance of a disaster recovery management software/solution, server, storage and management infrastructure and delivery of all related services for a period with effect from date of award until 30 June 2014 |
| Bid closing date: | 28 FEBRUARY 2012 |
Compulsory site meeting: |
A compulsory information session will be held at 11:00 on WEDNESDAY, 08 FEBRUARY 2012. Prospective bidders are requested to meet on the said date and time at: BOKSBURG CIVIC CENTRE, ICT BOARDROOM, 7TH FLOOR, CORNER OF COMMISSIONER STREET AND TRICHARDTS ROAD, BOKSBURG. Bid documentation will not be available at the compulsory information session. |
© 2012 Created by Themba Dlamini.
Powered by
.
| Tweet |
