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investment

South Africa and Kenya sign Memorandum of Understanding on Investment Cooperation

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South Africa and Kenya sign Memorandum of Understanding on Investment Cooperation: Investment South Africa (ISA) and its counterpart, Kenya Investment Authority (KenInvest), have signed a Memorandum of Understanding (MoU) on Investment Cooperation. The MoU was signed on the sidelines of President Jacob Zuma State Visit to Kenya on this week.   Speaking at the signing ceremony, Acting Head of Invest SA Mr Yunus Hoosen said the MOU between Invest SA and KenInvest is intended to … [Read more...] about South Africa and Kenya sign Memorandum of Understanding on Investment Cooperation

PE in the news: Zuma Prioritises 40 Investment Projects In South Africa

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Zuma Prioritises 40 Investment Projects In South Africa: Radebe cited a R11bn-investment by the Independent Development Corporation (IDC) in Port Elizabeth, as well as investments in Independent Power Producer projects of R45bn in Limpopo and Mpumalanga as examples of such “high-scale economic impact” projects. Source: "Port Elizabeth" - BingNews. Jeff talks soccer with Neal Collins: Take a listen! Studio Tel (Port Elizabeth): 083 913 8 955 (VAS rates apply) Studio Tel (East London): 083 913 … [Read more...] about PE in the news: Zuma Prioritises 40 Investment Projects In South Africa

Swartkops River: conservation and protection makes for a good property buy

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With the Zwartkops Conservancy and government working on an initiative to have the Swartkops River Valley recognised as a wetland of international importance, there’s no better time to invest on the banks of this river. If approved under the Ramsar Convention, the initiative will ensure the protection of a key environmental asset that could play a huge part in the sustainable use of the river, and in boosting the Bay’s tourism prospects. “This is a long-term plan, and if it succeeds in … [Read more...] about Swartkops River: conservation and protection makes for a good property buy

Investment Club – Featured Blog

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Today's posts from our featured Port Elizabeth Blogger: Investment Club: Last night, Wednesday 5 July 2016, the day after Pam’s passing, we met at 29 Prospect Road, Walmer, the home of the Thomsons. The we, this time, being the Lunnons (with Sean and Phillip), the Stapletons, Lindsay Scholtz, and the Thomsons (sans Pam but with Greg, Lynn, and her boyfriend Peter). The we are  also the remnants of our Investment Club – the Lunnons, Scholtz’s, the Stapletons and the … [Read more...] about Investment Club – Featured Blog

Vantage Mezzanine Fund III invests R200 million ($13.7 million) in a black industrialist business New GX, a leading 100% black-owned investment holding company in South Africa

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Vantage Mezzanine Fund III invests R200 million (.7 million) in a black industrialist business New GX, a leading 100% black-owned investment holding company in South Africa: Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has provided a R200 million ($ 13.7 million) expansion capital facility to New GX Capital (www.NewGX.co.za), a 100% black and family owned investment company. The funds will be used to finance additional … [Read more...] about Vantage Mezzanine Fund III invests R200 million ($13.7 million) in a black industrialist business New GX, a leading 100% black-owned investment holding company in South Africa

SMSPORTAL partners with two worthy causes in Port Elizabeth

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Port Elizabeth-based Early Inspiration and Siyaya Skills Institute are now proud Corporate Social Investment (CSI) partners of leading software development house SMSPortal. Early Inspiration's guiding vision is to change children’s lives in South Africa. The organisation directly and indirectly positively impacts almost 10 000 children that it is working to develop into ambitious, confident, knowledgeable and dynamic leaders through teacher training, home visits and parent programmes in … [Read more...] about SMSPORTAL partners with two worthy causes in Port Elizabeth

Flexibility from online investment platforms

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Investing via online investment platforms offers greater flexibility, because the investor can access their portfolio data at any time and transact. Investing online also cuts out costs traditionally associated with using a middleman. Carin Meyer, CEO of FNB Share investing, says "People that invest via online platforms do so at a much cheaper rate than having to pay someone to place trades on their behalf. This essentially means the investor benefits from not having to pay a middleman. By … [Read more...] about Flexibility from online investment platforms

Coega CSI programme – Port Elizabeth

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A MyPE.co.za 'Coega Development Corporation' selected video for you: Coega Corporate Social Investment (CSI) video illustrating the good work done by Coega as a responsible corporate citizen. The Coega CSI programme seeks to support programmes that engender empowerment and development as well as contributing towards social transformation. Click HERE to find more 'Coega Development Corporation' videos. These videos are automatically selected based on youTube … [Read more...] about Coega CSI programme – Port Elizabeth

Factors to consider when buying an investment property

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The decision to buy a house with the view to renting it out as an investment can potentially be profitable, but needs to be carefully weighed up against other types of investments that may be more readily accessible and easier to manage. "Because the South African property market has historically seen good returns, people could assume that it's a fail-safe investment, however, returns are by no means guarantee. Investors must commit to an initial capital outlay, ongoing funding and a fair … [Read more...] about Factors to consider when buying an investment property

Coega offers investors world class incentives

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A special, world class suite of incentives – available to both current and future investors in the Coega Industrial Development Zone (IDZ) – is driving investment appetite and supporting existing investors, the Coega Development Corporation (CDC) said today. Unlocked by the new Special Economic Zone (SEZ) policy, promulgated last year, the long-awaited suite of incentives are primed to make SEZ's more attractive to both domestic and foreign investment. "For a long time, our ambitions as an … [Read more...] about Coega offers investors world class incentives

Heads of Diplomatic Mission positive about Coega IDZ as investment destination

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The Coega Development Corporation (CDC) welcomed the South African Heads of Mission Designate led by the Department of International Relations and Cooperation (DIRCO) accompanied by the Eastern Cape Office of the Premier (ECOP). “The Heads of Mission Designate are on a five day visit to the Eastern Cape with the objective of promoting the province to countries of their accreditation,” said Dr Ayanda Vilakazi, CDC unit head marketing & communications. The Heads of Mission are due to … [Read more...] about Heads of Diplomatic Mission positive about Coega IDZ as investment destination

Your home as an investment strategy

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For the large majority of consumers, purchasing a property will be the biggest investment decision they make and one that will affect their financial wellbeing for a long time to come, says Adrian Goslett, CEO of RE/MAX of Southern Africa. He notes that it is highly likely that the property they purchase will account for the largest percentage of their net wealth, which is why it is comforting to know that owning a property is a viable investment option that has proven itself, over time, to … [Read more...] about Your home as an investment strategy

Property Network Condemns Continued Failure at NMB Muncipality

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“A clear indication of the levels of rot at Nelson Mandela Bay Municipality was evident today, not in the residents discussion of it,” said Deirdre Fibiger, director of Property Network, “but in the clear absence of it.” “Port Elizabeth is once again experiencing strike action and refuse not being collected but hardly anyone in their day to day passing discussions made mention of it,” she said. “Non performance by council has become yesterdays news, a fait accompli.” Property Network … [Read more...] about Property Network Condemns Continued Failure at NMB Muncipality

R4.1 Billion in new local investments

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The Coega Development Corporation (CDC) attracted R4.1-billion in new investment in the financial year ending March 2012 in the process exceeding its targeted number of new investors, according to figures outlined in the corporation's recently released 2011/12 Annual Report. The report was tabled in the Bhisho Legislature earlier this month. The current value of operating investments and those in the pipeline at the CDC now exceeds R15-billion, the bulk of which comprises alternative … [Read more...] about R4.1 Billion in new local investments