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trust
Court orders Zulu King’s trust to pay back millions – News from GroundUp
Court orders Zulu King’s trust to pay back millions: Ingonyama land leases stripped people living on ancestral land of their customary rights Source: GroundUp News. Elderly people wait and wait for vaccines in long queue in Gqeberha: Although people arrived from as early as 4:30am, vaccinations only started at about noon Source: GroundUp News. What’s gone wrong with government’s tender website?: Treasury’s tender portal has been down since March Source: GroundUp News. Dispute over … [Read more...] about Court orders Zulu King’s trust to pay back millions – News from GroundUp
Our New World Order – Distributed Distrust
Like my many right and like minded fellow human beings I soend a lot of time wondering about why the world seems to be so divided and so at odds with each other. I recently replied a Tweet with these words; " I still hanker back to the 'Old Days' of the internet when one could say and debate anything in an atmosphere of mutual trust. Now we restrict and profile everyone in an atmosphere of distributed distrust!" and this hit me: With regards to South Africa: We have always had a divided … [Read more...] about Our New World Order – Distributed Distrust
PE Business News: Stacey Webb – Executive Director, Sustainable Seas Trust
Promote your business on BuyPE and MyPR. Stacey Webb - Executive Director, Sustainable Seas Trust: Studio Tel (Port Elizabeth): 0860 940 940 (VAS rates apply) Studio Tel (East London): 0860 950 950 (VAS rates apply) Studio Tel (Garden Route): 0860 970 970 (VAS rates apply) SMS us: SMS 41851, first ... Source: "Port Elizabeth" business - BingNews. Strike at Transnet’s Ngqura costs Eastern Cape economy R1bn: The crippling strike that recently hit Transnet’s Ngqura Container Terminal in Port … [Read more...] about PE Business News: Stacey Webb – Executive Director, Sustainable Seas Trust
The importance of setting up a trust
There is a misconception that a trust is only for wealthy individuals and one needs a lot of money to set it up. The reality is that any person can open a trust if they have some form of an asset that they feel need to be safeguarded for the benefit of their beneficiaries. Matlhodi Leteane, Head of Operations at FNB Fiduciary says “when one considers setting up a trust, they first need to answer two key questions; why and for who. Why represents the reason you are setting up a trust while who … [Read more...] about The importance of setting up a trust
The Lesipho Trust lays the foundation for economically viable entrepreneurs, brick by brick – MyPR.co.za
The Lesipho Trust lays the foundation for economically viable entrepreneurs, brick by brick: Johannesburg , 23 October 2018 – “A successful man, is one who can lay a firm foundation with the bricks others have thrown at him” [David Brinkley]. There can be no truer a saying, than this, for a young entrepreneur or start-up company and in the case of describing the work of Servest’s Enterprise Development Program that operates through the Lesipho Trust, this could not be more apt, in … [Read more...] about The Lesipho Trust lays the foundation for economically viable entrepreneurs, brick by brick – MyPR.co.za
Choosing a professional, qualified trustee is vital for the success of any trust
Trusts remain very popular arrangements through which many South Africans benefit from assets without physically owning them, most often with a view to passing the value of those assets on to beneficiaries. A key element in both the popularity and effectiveness of such trust structures is that the founder of the arrangement is able to appoint one or more trustees, who are tasked with administering the trust in the best interests of its nominated beneficiaries. Given this massive … [Read more...] about Choosing a professional, qualified trustee is vital for the success of any trust
Maybe that Trust wasn’t such a good idea?
The Broad-Based Black Economic Empowerment (B-BBEE) Commission says companies are still dabbling in fronting through the use of trusts. Commissioner Zodwa Ntuli told the Select Committee on Trade and International Relations that 83% of the 334 complaints that the commission has handled relate to fronting practices. “Although complaints decreased slightly this year, fronting practice remains constant. We find more and more companies’ schemes fronting workers through trusts. As a commission, … [Read more...] about Maybe that Trust wasn’t such a good idea?
Servest’s Leshipo Trust Supports Youth Entrepreneurs
Servest’s Leshipo Trust Supports Youth Entrepreneurs: Johannesburg, Gauteng, 20 July 2017 – Servest recognises that small businesses are vital contributors to the health of the economy and to diversity of opportunity in our society. Small businesses boost productivity, increases competition and innovation; create employment and prosperity, and revitalises communities. Youth unemployment having risen in the first quarter puts South Africa’s youth unemployment rates are now at a chronic stage. The … [Read more...] about Servest’s Leshipo Trust Supports Youth Entrepreneurs
Bhisho news: Bhisho gives thumbs-up to VWSA BBBEE Trust Intitiative
Bhisho gives thumbs-up to VWSA BBBEE Trust Intitiative: Eastern Cape Economic Development MEC, Sakhumzi Somyo, has heaped praise on Volkswagen South Africa for the company's commitment to bringing black owned businesses into the forefront of the automotive value chain. Somyo made the comment at Thursday’s ... Source: "Bhisho" - BingNews. Protesting nurse collapses at health department: Nwabisa Songolo, 30, from Peddie was part of a group of more than 150 nursing graduates who have been … [Read more...] about Bhisho news: Bhisho gives thumbs-up to VWSA BBBEE Trust Intitiative
Reach Trust
Reach Trust: Making and Saving You Money in Myriads of Ways Source: Buy PE. MyPE actively promotes 041 based businesses - see more Port Elizabeth business and products here. Free Services: Add Your Business | Add a Classified Advert. CLICK HERE to publish your Movers, Shakers, New Appointments and Achievements – it could be a new contract, a new appointee, a promotion, an anniversary or just something great you want to share with the Port Elizabeth and Nelson Mandela Bay community. … [Read more...] about Reach Trust
ITHEMBA TRUST
Visit and explore Tarkastad accommodation choices. Click here to submit your favourite Eastern Cape Videos. A MyPE Tarkastad selected video for you: Enjoy this video clip filmed and edited by Andy McDonald and endorsed by Ivan Carter. Catch a glimpse at how lives are being changed in the little town of Tarkastad, Eastern Cape, South Africa. Click HERE to find more 'Tarkastad' videos. Tarkastad video selected based on a YouTube search - Click Here to report … [Read more...] about ITHEMBA TRUST
VWSA Community Trust
Vernon Naidoo: Volkswagen Community Trust – (fourth from right) celebrates with the local charities representatives. The charities will be sharing the fourth cheque disbursed by the Volkswagen Community Trust this year. Date: December 03, 2015 17:42 Click here for more: MyPE Images - MyPE (Latest images) Many more PE Images here. … [Read more...] about VWSA Community Trust
Who should hold the rental deposit?
This week the Property Poser experts deal with the issue of who should hold the deposit on a rental property. A reader writes that he recently purchased a unit in a sectional title complex with the specific intention of renting it out. The letting agents have advised him that they should be holding the deposit in their trust account. The reader is concerned however that the ultimate responsibility for the deposit, and, specifically the refunding thereof with interest, lies with him. He … [Read more...] about Who should hold the rental deposit?
Trust no sleeping partner
This week a reader asks the panel's opinion on setting up a business as a company and whether it would be wise for a trust he is part of to own shares in it. The reader would also like to know what the tax implications of this structure might be. This is a reasonably complex issue with many aspects to consider, says Rian du Toit from DTS Attorneys in Port Elizabeth. "It's quite a common planning technique to run one's business in a company as opposed to a sole proprietorship, where … [Read more...] about Trust no sleeping partner
