October Newsletter

 

This monthly insert will look at activities within ROCCI, as well as key issues within Business.

The month of September was an exceptionally busy month for ROCCI.

Visit: Cape Town
Wessie van der Westhuizen (Treasurer) and I were in Cape Town to meet with British American Tobacco South Africa regarding the SMME program that has been running very successfully since 2008.

British American Tobacco South Africa is satisfied with the results and is looking forward to receiving the new proposal that will focus on Entrepreneurship Development and Skills Upliftment.

We were very privilege to meet The Lord Mayor of London and his delegation.   ROCCI was introduced to the delegation and as a result of this Trade Opportunities will be explored between the UK and South Africa.  ROCCI members will be kept informed of any Opportunities that might arise from this meeting.

Events: Networking
I would like to thank the following Businesses for hosting the Friday Speed Network Sessions during September.

  • Hirsch’s Strubensvalley
  • Sync Accounting & Business Services

This is a great opportunity to showcase your Business and build relationships with other Businesses.

 

ROCCI/FNB Business of the Year 2011
I have had the privilege of being part of the panel of Judges this last two weeks at Cabanga Conference Centre. The Panel will agree with me that we have some Impressive Businesses in the area. Well done and good luck to all the Nominees.

The 2011 Panel of Judges is as follows:
Marietjie Esterhuizen Chief Adjudicator (SAIPA),
FNB
Business Partners
Isabel Steyn (Hospitality & Education)
ROCCI

The Chocolate Fountain at Cabanga is divine, thank you Cabanga for hosting us for the Judging Process.

We are looking forward to the Business of the Year Cocktail Event on the 19th October 2011 at Silverstar Casino which will lead up to the Gala Awards on the 5th November 2011.
 A word of thanks to all the Partners involved in the 2011 Business of the Year:  FNB, Business Partners, SAIPA, Cabanga Conference Centre, Silverstar Casino, Pink Pumpkin Events

In conclusion ROCCI is indeed the “Voice of Business” and will always be there to create an environment for businesses to flourish.

Sakkie Stoltz

Friday 7 October 2011
Speed Network at Westview Clinic 08h00 – 09h00

Wednesday, 12 October 2011
SMME Conference & Gala Dinner 09h00 – 17h00
                                                18h00 – 22h00 Conference and Gala Invite
Wednesday, 19 October 2011
Business of the Year Nominees Cocktail Function 17h30 at Silverstar Casino Cocktail Invite

Thursday , 20 October 2011
ROCCI Information session at Hole in One Guesthouse at 17h30

Friday, 28 October 2011
Speed Network at House Higgo 08h00 -09h00


Thursday, 13 October 2011

Free Workshop at Bizfin – Bullet Proof Your Business 08h30 to 11h00

Saturday, 5 November 2011
Business of the Year Gala Awards at Silverstar Casino

 

ROCCI exploring trade opportunities :
Sakkie Stoltz (President) and Wessie van der Westhuizen (Treasurer) of ROCCI was privileged to attend a meeting with The Lord Mayor of London in Cape Town. The main objective of the meeting was to create sustainable business relationships with UK based companies and increase trade between South Africa and the UK .ROCCI was introduced to the delegation (consisting of the Sheriff of London ,High Commissioner of the UK  and other high level delegates).

ROCCI is currently exploring trade opportunities for members with the UK.” ROCCI will always be on lookout for great opportunities for our members to showcase their businesses on a local and on a international basis.We will for the last quarter of the year also explore the local markets and opportunities for our members with other South African Chambers”  Stoltz said.

LOWERING OF THE SPEED LIMIT ON SOUTH AFRICAN ROADS – WHY THIS SHOULD NOT BE DONE
“The South African Chamber of Commerce and Industry (SACCI) believes that under current circumstances the lowering of the maximum speed limit from 120 to 100 km per hour will not solve the problem of the high accident rate on South African roads.
Speed is only one aspect of road safety. Road accidents are caused by a number of factors which include, not limited to:
•    The poor condition of the South African road network – where potholes, unduly rough surfaces, lack of appropriate road markings and non-operational traffic lights are common.
•    The large number of unroadworthy vehicles on the road.
•    The large number of drivers who either have no license or have forged licenses.
•    The poor attitude of many drivers, and a lack of regard by such drivers for other road users.
•    The large number of drivers who do not adhere to the existing road traffic regulations.
•    The lack of implementation and enforcement of existing regulations.
•    Pedestrians who “jay-walk” or run in front of oncoming vehicles when crossing roads.
•    Cyclists do not have lights on the bicycles.
Each of the above, either singly or in combination contribute to the accident rate.
The 2011 IBM Global Commuter Pain Survey on Traffic Congestion places Johannesburg 4th from the bottom of 20 international cities investigated suggesting a very high level of frustration that contributes to bad driving behavior and increasing the likelihood of accidents.
SACCI points out those countries where the incidence of road traffic accidents is lower than in South Africa have strong and effective law enforcement programmes, where road users know that if they contravene the regulations they will be penalised. This is one of the aims of the point’s demerit system in South Africa.
SACCI believes that the need is to address the underlying causes of road accidents and that the reduction of the maximum speed limit will achieve little. SACCI therefore calls on all traffic authorities – at local, provincial and national levels – to rectify the environment and to appropriately implement existing regulations with their accompanying penalties before deciding on more drastic measures that are unlikely to achieve the required objective.

President of the South African Chamber of Commerce and Industry (SACCI), Mr. Chose Choeu,

BUSINESS CONFIDENCE INDEX
The month of August 2011 was also negatively impacted by the debt ceiling debate in the United States. The financial markets were further impacted when the US sovereign credit rating was reviewed. A further negative development was that the gross domestic product (GDP) of the Eurozone showed signs of stalling while China was tightening measures to quell inflation. These developments had a negative impact on the global economic outlook and on business confidence across the world including South Africa.
Economic growth also slowed substantially between the 1st and the 2nd quarter in South Africa. The South African economy is also experiencing the further inflationary effects of price increases in certain consumer items like fuel, food and administrative prices. The exchange rate of the rand, that plays a pivotal role in the inflationary process, depreciated in August 2011.
Conventional fiscal and monetary measures to stimulate the global economy appear to have been exhausted. SACCI is growing increasingly concerned about the current and expected low levels of growth, stagnation of economic activity and job losses. 

For more information contact:  Mr. Richard Downing  SACCI Economist  082 822 5566

SACCI Trade Bulletin

27 SEPTEMBER – 6 OCTOBER 2011: Trade Mission to Indonesia
 Companies interested in participating should contact 
Arnout Geys| Project manager International Financial Instellingen
Flanders Investment & Trade Tel: +32 2 504 87 96 | Fax: +32 2 504 88 95
Gaucheretstraat 90 | BE-1030 Brussels-Belgium

9-10 OCTOBER- 2011 –INTERNATIONAL-JAMAICA INTERNATIONAL TRADE EXPO – KINGSTON, JAMAICA
Edwin Moloto                                                          Tebogo Mokhere
TISA: Export Promotion                                           TISA: Export Promotion
Department of Trade & Industry                               Department of Trade & Industry
Tel: + 27 12 394 1180                                            Tel: +27 12 394 5793
E-mail: emoloto@thedti.gov.za                                 Email: tmokhere@thedti.gov.za

11-12 OCTOBER –INTERNATIONAL- CAIRO WOOD SHOW 2011 CAIRO INTERNATIONAL CONFERENCE CENTRE

Cherry Concepcion                                          Mobile   :+971504807510
Sales Executive                                                Tel          :  +971 4 2829299
Strategic Marketing & Exhibitions                 Fax         :  +971 4 2828767
Unit 102 Golf Park Bldg. Al Garhoud           Email     :  c.concepcion@strategic.ae
P.O. Box 10161, Dubai                                   Websitewww.strategic.ae
United Arab Emirates

Our Vision, Mission & Values

Vision:
As Independent Travel Consultants, we take years of travel experience and professionalism to new heights in service excellence.
Mission:

Interaction with our clients is not transactional, but rather based on our relationship with our clients.
Exceptional attention to detail and impeccable organizational skills is of utmost importance when managing our clients travel.
Through our knowledge and significant experience in the industry, we add value to our clients’ trips and build long term relationships that are mutually beneficial.

Values:
Integrity
Honesty
Respect
every SUCCESS is built on the ability to do better than GOOD ENOUGH”

Contact person: Marianda Maritz
Contact Number: 011 955 1601 /955 3421
E-mailmarianda@mtctravel.co.za
Website: www.mtctravel.co.za

Travel Counsellor:
Travel Counsellors is the worldwide market leader in home-based travel. Our Travel Counsellors have a combined average of 19 years travel experience and together with our award winning systems, global reach and buying power, we are able to offer you the ultimate customer service experience.  Whatever type of holiday you are looking for your personal Travel Counsellor will always offer you the widest choice and the best deals to the best destinations on earth.

There are some great offers to be found. If you would like to be added to my mailing list for business and holiday specials, please feel free to forward me a quick email.

Contact person: Mandy Joubert
Contact Number: 082 559 8646
E-mail : mandy.joubert@travelcounsellors.co.za
Website:  Leisure: www.travelcounsellors.co.za/mandy.joubert
              Business: www.tctravelmanagement.co.za/mandy.joubert

Have been in business for over 11 years providing document archiving solutions for small business to large corporate.

“A recent Price Waterhouse study required a paralegal to find 20 documents out of 20,000. After 67 hours of searching, the paralegal found 15 of the requested 20 documents. Given the same task, a document imaging system found all 20 documents in less than 3 seconds.”
— Imaging Product News Magazine

A two Terabyte Hard drive can store approximately 21.5 million images

Contact person: Garth
Contact Number: 082 322 3521
E-mail: garth@paperless.co.za
Website: http://www.paperless.co.za/

Deon Hattingh and Associates cc derived the name from the owner operator, the same since March 1984.  Deon is a certified financial planner with a passion to assist clients to create wealth for them. Theirs is a consultancy approach on personal and business financial and planning risk with products and solutions taking a secondary roll.  This broadened the solution and advice process to guide on proper investment into all classes: forward funding, project funding, shares and property.

They are soon bringing a fully fledged Wealth Management solution to Roodepoort.  Deon writes for a national newspaper and trains and coaches on all financial matters.

Contact person: Deon Hattingh
Contact Number: 011 660 8111
E-mail: deon@dhgroup.co.za
Website: www.dhgroup.co.za

Air Conditioners and your Pot Plants

Your front office or reception is where your clients are first greeted and introduced to your company, and those pot plants help to create a comfortable and inviting area.
Unfortunately the air conditioning that also helps with this comfort for the visitors is not beneficial to the plants.

The air conditioners dry out the air and this has an adverse effect on the leaves of the plants, causing them to go brown on the edge and on the tips.
Keep the plants regularly watered at the roots and use a fine mist spray of clean water on the leaves once a week. This will increase the humidity close to the plants and counteract the effects of the air conditioner.  

Contact Garden World should you require any further information.

Louis d’Hotman
Tel: 011 957 2046
Fax: 011 957 3214
E-Mail : club@gardenworld.co.za
Website : www.gardenworld.co.za

How to grow your business in hard times by self funding
The first article in our Money Wisdom corner arrives at a time when markets are tough and banks are tight on giving us more money, yet opportunities exist with so many of our competitors having gone out of business.  We can in fact increase market by 50% if only we had the money.
Problems:
Bank will not increase my overdraft to fund the increase and will never give me 50% extra

1.     A price increase of 12% will only give me 12% more working capital and the price will be uncompetitive and I may lose market share as the competitors who remained only increased price by 5%

Do not despair as you can self fund the increase by planning better and running your business more efficiently.  In the illustration that follows we look at the worst possible scenario where the overdraft is the same value as your monthly turnover – a no hoper for an overdraft increase and in fact so high that they may shorten the overdraft if they saw the facts
There are four elements under your control:

1.     Stock                                                  40%

2.      

1.     Raw materials

2.     Completed stock

3.     Debtors book                                     45 days

4.     Price                                                    0%

5.     Working capital                                 5%                                       

The problems arise when we allow our debtors book to slide to beyond 45 Days.  In that instance we need better terms from our suppliers and will stretch them to 30 days longer than the debtors book age analysis reveals.  This is bad for all business in the cycle.

If we now, in our example, apply some better management skills; control stock better and reduce it to just 30% through greater manufacturing efficiency; reduce debtors book to 15 days, through better invoicing and offering early settlement discounts; and, increase price by 5% and in line with competitors, you can increase the working capital to 60%.

This methodology was applied to a business in the mid 1980’s which had a compounded problem when the one shareholder who owned 50% insisted on selling his shares (back to the remaining shareholder).  The overdraft went to R300 000 and the bond over property maxed out at an extra R300 000, removing the security value to increase overdraft.  After three years and using some of the extra working capital to employ sales reps grew turnover by 60%; they removed the overdraft; revamped their building; increased stock to 90 days; and, bought the remaining shareholder a top of the range E Mercedes for cash.  The method has worked for many others since then and is still working today.

Make it work for you! Write to deon@dhgroup.co.za with your particular problem and get a plan. 


Contact:

Tel : 086 111 3304
Fax: 011 764 2127
Website : www.rocci.org
E mail : rocci@rocci.org

DISCLAIMER :The views expressed in this newsletter are not necessary those of the Chamber ,the editor or the designer , who do not accept responsibility for errors or interpretation or fact in subject matter contain herein. No part of this publication may be reproduced without the prior permission of the Roodepoort Chamber of Commerce and Industry. All rights reserved.

Advertisements

About John Harris

Travel Management Specialist
Gallery | This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s