The efficient use of digital platforms is crucial in enabling convenient access to funding for South Africa’s small and medium enterprises (SMEs). This is according to Mike Vacy-Lyle, CEO of FNB Business, who says a pragmatic approach that prioritises the use of technology could be a game-changer in the way the country’s SMEs access funding opportunities. “We are seeing evidence of this in our business since we introduced online credit scoring for SMEs that bank with us. The automation of … [Read more...] about SME Funding Game Changer
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SAIPA supports Home Affairs repositioning, but has reservations about funding and cadre formation
SAIPA supports Home Affairs repositioning, but has reservations about funding and cadre formation: The South African Institute of Professional Accountants (SAIPA) broadly supports the move to underpin a proposed repositioning of the Department of Home Affairs via new anchoring legislation. The Department recently gazetted a discussion paper for public comment by 30 September 2017. However, SAIPA Technical Executive Faith Ngwenya says that two important areas warrant closer investigation and … [Read more...] about SAIPA supports Home Affairs repositioning, but has reservations about funding and cadre formation
Regulations for Lottery Funding to help all NGOs
Regulations for Lottery Funding to help all NGOs: Each year the National Lotteries Commission (NLC) receives over 14 000 applications for funding. The Rand value of the requests exceeds R70 billion from a budget of R1.6 billion, showing that the need of the NGO sector far exceeds what the NLC has to make its contribution to changing lives. In order to address this, the South African Government approved the amendment of the Lotteries Act and promulgated new regulations in 2013 and 2015. … [Read more...] about Regulations for Lottery Funding to help all NGOs
Post-School Education Funding Inadequate, Says Committee
Post-School Education Funding Inadequate, Says Committee: The Portfolio Committee on Higher Education and Training has raised concerns about underfunding of the college sector, saying available funding is extremely inadequate. The Chairperson of the Committee, Ms Connie September, said underfunding is a challenge that has arisen consistently in all reviews of the budgetary needs of entities administered by the Department of Higher Education and Training. “We need to look into funding … [Read more...] about Post-School Education Funding Inadequate, Says Committee
NEF to be incorporated into IDC to guarantee funding for black entrepreneurs
NEF to be incorporated into IDC to guarantee funding for black entrepreneurs: In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town today that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in order to meet the considerable demand for funding by black entrepreneurs. This … [Read more...] about NEF to be incorporated into IDC to guarantee funding for black entrepreneurs
NMMU Update on NSFAS Funding
Student Representative Council (SRC) presidents from across the country met with the Department of Higher Education and Training (DHET) last week on student funding matters. A number of resolutions were made in a bid to enable a greater number of students to register in time for the start of lectures countrywide. The resolutions effectively enable hundreds more students at the various universities, including Nelson Mandela Metropolitan University (NMMU), to go ahead with registration, … [Read more...] about NMMU Update on NSFAS Funding
NMMU update: NSFAS funding
NMMU update: NSFAS funding: Student Representative Council (SRC) presidents from across the country met with the Department of Higher Education and Training (DHET) this week on student funding matters. A number of resolutions were made in a bid to enable a greater number of students to register in time for the start of lectures. Source: NMMU News Latest News. NMMU readiness for lectures: Nelson Mandela Metropolitan University (NMMU) is geared up for the influx of students to its campuses … [Read more...] about NMMU update: NSFAS funding
Gap funding grant for NSFAS and Missing Middle students
Gap funding grant for NSFAS and Missing Middle students: Nelson Mandela Metropolitan University (NMMU) has, like the majority of South African institutions, announced a fee increase of 8% – effectively taking full advantage of government’s concession to subsidize poor and “missing middle” students for the increase. Source: NMMU News Latest News. … [Read more...] about Gap funding grant for NSFAS and Missing Middle students
NSFAS calls for Grade 12 Learners to submit 2017 Funding Applications as closing date nears
NSFAS calls for Grade 12 Learners to submit 2017 Funding Applications as closing date nears: NSFAS has issued a call to all current matric learners who have not applied for 2017 financial aid, to do so before applications close on 30 November 2016. Addressing the media in Pretoria on Monday, NSFAS Executive Officer Mr Msulwa Daca, said the scheme has received a very low number of 2017 funding applications since applications opened on 01 August 2016. There are more than 600 000 learners who … [Read more...] about NSFAS calls for Grade 12 Learners to submit 2017 Funding Applications as closing date nears
National Feral Cat Day – Sunday 16 October
The National Feral Cat Day was launched by Alley Cat Allies (ACA - founded in 1990), a national organisation in USA, dedicated to protecting and improving the lives of cats. ACA launched National Feral Cat on their 10th Anniversary in 2001 to raise awareness about feral (also called community) cats, to promote Trap-Neuter-Return, and to empower and mobilize the millions of compassionate Americans who care for them. Over 600 000 people worldwide support Alley Cat Allies and champion our mission … [Read more...] about National Feral Cat Day – Sunday 16 October
Government of Uganda, UNHCR and WFP forced to revise Food Rations for Refugees Amid Funding Crisis
Government of Uganda, UNHCR and WFP forced to revise Food Rations for Refugees Amid Funding Crisis: The Government of Uganda - Office of the Prime Minister (OPM), United Nations High Commissioner for Refugees (UNHCR) and United Nations World Food Programme (WFP) have appealed to donors to urgently speed contributions to the humanitarian response to refugees in Uganda to end a funding shortage that has forced a revision of survival rations. Around 200,000 refugees who arrived in Uganda prior … [Read more...] about Government of Uganda, UNHCR and WFP forced to revise Food Rations for Refugees Amid Funding Crisis
PE in the news: Treasury gives funding nod for Gupta probe
Treasury gives funding nod for Gupta probe: The Treasury committed to give Madonsela an additional R1.5m to pursue this investigation, despite her office having shut down five offices in Siyabuswa, Vryburg, Newcastle, Port Elizabeth and Mabopane to cut costs. This is half of the R3m Madonsela ... Source: "Port Elizabeth" - BingNews. Treasury approves funds for Madonsela to probe Guptas: The office of the public protector recently had to close its premises in Siyabuswa, Vryburg, Newcastle, … [Read more...] about PE in the news: Treasury gives funding nod for Gupta probe
NMMU highlights European Union research and innovation opportunities
Nelson Mandela Metropolitan University (NMMU) academics, as well as researchers and innovators from across the region had the opportunity to receive valuable insight into the European Union’s main research and innovation funding instrument, Horizon 2020, in an information session presented by the Department of Science and Technology (DST) at NMMU last week. The session was organised by NMMU’s Innovation Office, as Director Jaci Barnett is NMMU's LEAR (Legal Entity Appointed Representative) … [Read more...] about NMMU highlights European Union research and innovation opportunities
Nominations open for the 2016 ImpACT Awards for young artists
The Arts & Culture Trust (ACT) is inviting nominations for the eagerly awaited 2016 ImpACT Awards, which are held annually in recognition and celebration of excellence within the arts, culture and creative sectors in South Africa. Nominations for the 2016 ImpACT Awards for Young Professionals, sponsored by The National Lotteries Commission (NLC) and the Distell Foundation in partnership with Sun International, are now open. This year there will be a total of five ImpACT Awards to honour … [Read more...] about Nominations open for the 2016 ImpACT Awards for young artists
University funding shortfall plan
A plan to finance university shortfalls will be announced on Thursday, Higher Education Minister Blade Nzimande has told Parliament. This came after President Jacob Zuma's announcement on Friday that there would be a 0% increase in university fees for 2016. The announcement followed days of protests by students who did not want any increase in university fees for next year and who demanded an end to outsourcing at higher education institutions. Speaking at a transformation in higher … [Read more...] about University funding shortfall plan
