The Ups and downs of the petrol price The Department of Energy has announced that the petrol price will fall on the 2 September. We can now expect the price of petrol (both 93 and 95) to decrease by 69c/litre, diesel (0.05 percent sulphur) will decrease by 54c/litre, and diesel (0.005 percent sulphur) will decrease…
South Africans have come to love to hate Eskom. We have all experienced load-shedding in recent times. This has become a major problem for house-holds and a serious financial blow to businesses. We have experienced almost a month without load shedding. “Bar unforeseen events, there should also be no further load shedding until May next…
The Rand Tumble 1. Continued ripples of World financial crisis 2. Greece stress the fate of Europe 3. China has a slow-down in demand for goods 4. Bad China data 5. Asian Stock Markets sell off 6. Commodity prices start to drop 7. World Markets drop 8. Emerging Country Stock Markets tumble 9. Currencies falter…
As part of the MBA programme offered by the Management College of Southern Africa (MANCOSA), delegates were offered the opportunity to participate in the international study tour to Shanghai, China. MANCOSA partnered up with Regent Business School and Shanghai University of International Business and Economics (SUIBE), to educate and expose MBA students to various business…
For many Africans, the image that comes to mind about a female leader is that of a woman in a formal suit, carrying a briefcase, laptop and a cell phone or a woman in a corporate suit, sitting behind a desk, surrounded by state of the art technological gadgets. Seldom, do such images incorporate women…
What a successful day the Mancosa [GSB] golf day turned out to be. Great weather, a phenomenal turnout and amazing company. As the hosts of the day, The Durban Country Club set the scene and golfers were welcomed by MANCOSA staff to collect their registration packs before heading out onto the golf course. It was…
The Business Women’s Association (BWA) KwaZulu-Natal, hosted a conference titled “Women in the Workplace” over the weekend of the 15th August 2015. The event hosted 500 female matric students and 100 educators from rural suburbs at the Coastlands Umhlanga Conference Centre in celebration of women’s month. The event included a number of exciting activities such…
Inspiring, motivating and awarding Sithabile Secondary Schools’ senior educators for leadership, performance and excellence in the Teachers Awards ceremony held at Ushaka Marine World Professor Anthony Rippon and Dr Ayoob Jadwat were invited to motivate, inspire, inform and uplift the leadership of Sithabile Secondary School in Inanda. The luncheon, held in recognition of Sithabile’s…
Quality Assurance in the broad sense is defined as “a wider concept that covers all policies and systematic activities implemented within a quality system.” (Business Dictionary, Quality Assurance [Internet]. It is within both product and service driven industries that proper procedures and rules are followed to ensure that customers receive the expected value for money. However, is…
The discussion around a possible hike in the VAT (value added tax) rate from 14% to 17% has created negative public reviews. Following on from the work done by the Davis Committee in July 2015; the Mancosa [GSB] Business Nexus Unit was pleased to host four well versed tax professionals to provide a better understanding…
As the famous saying by Andrew Carnegie goes “There is no use whatever trying to help people who do not help themselves.” These powerful words set the tone of the 2015 Leadership Development Programme (LDP) in Durban. Delegates from Tanzania, Zimbabwe and various parts of South Africa attended in a five day programme which covered…
