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Sustainable Growth For Future Prosperity

Jack Janse van Rensburg, director of The Investment House, is focusing on growing the SME sector through sustainable empowerment and facilitating smart business partnerships.

The Investment House

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Jack Janse van Rensburg, director of The Investment House, is focusing on growing the SME sector through sustainable empowerment and facilitating smart business partnerships.

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Why are you in the B-BBEE business?

I am an entrepreneur with all my heart and passion; I enjoy seeing businesses flourish, people prosper and countries develop. No matter what colour, culture or gender you are, every one of us contributes with their successes as well as their failures to South Africa’s economic and social wellbeing.

Related: The 5 Elements Of BBBEE

B-BBEE has many critics, mainly stating that B-BBEE has not achieved what it promised: Economic Empowerment. What do you think could be the cause?

B-BBEE has two main objectives:

  1.  Redistribution of power and resources
  2. Creation of power and resources.

Challenges arise when development and empowerment are seen and treated as giving away ‘free’ money, contracts and job titles to ensure B-BBEE compliance.

The result: Many power shifts within companies fail; most start-up businesses fail.

As T. Harv Eker wisely says, “It’s not enough to be in the right place at the right time, YOU must be the RIGHT PERSON in the right place at the right time.”

In my opinion, black people’s income, success and power can only truly grow to the extent that they do. I believe that sustainable economic development is about transforming people, their mind-sets and abilities, meaning the creation of power and resources much rather than the redistribution.

Your passion lies specifically with Enterprise Development within B-BBEE. Why?

The fact is that South Africa offers an unbelievable potential for wealth. The 2010 Finscope Small Business Survey shows that South Africa has an estimated 5,6 million small businesses, 82% of which are subsistence SMEs or so-called ‘lifestyle’ businesses. Small and medium enterprises account for 91% of all formal businesses and account for 61% of all national employment.

The statistics clearly show the enormous entrepreneurial potential, will and impact that small businesses have in South Africa. The importance of entrepreneurial development cannot be underestimated. It is not enough to divide the existing economic pie and just shift the power.

Enterprise Development is expanding the economic pie and, therefore, has the highest truly sustainable impact on our economy and society.

Related: B-BBEE: Moving Beyond Compliance Into Investment

Why should large companies be investing in B-BBEE?

Beyond B-BBEE compliance, the expanded access into markets and the reputable integrity of a company, there is more to gain. Large companies play a critical role in driving inclusive and sustainable development, which changes South Africa as a whole and the way we are perceived internationally.

A favourable view and the trust of economies beyond our borders increases foreign investments into South Africa and contributes to a strong currency. Every business, no matter how small or large, prospers from a strong economy.

What can The Investment House do to support that step into true empowerment for a new South Africa?

We, at The Investment House, focus on developing people. We develop entrepreneurs who own their success and their failure.

In our incubator we are setting up black entrepreneurs for success. Our coaching and mentoring programme focuses on the entrepreneurial mind, our workshops focus on mastering success with Business Intelligence and through our business development programme we provide access to finance, markets and skills.

Related: Corporate BBBEE Compliance Turned Into BBBEE Investment

All of our entrepreneurs are fully responsible and accountable for their own success, as well as their failure. That is why we carefully assess and select our beneficiaries as we have come to see that entrepreneurship is a mindset much rather than a business model.

If you want to make a real difference in South Africa, one that affects all South Africans, then The Investment House is your ideal partner.

The Investment House combines leading-edge industry expertise with creative talent and strategic thinking to reach the objectives of our clients. Our mission is to contribute with Business Development and Business Intelligence to an empowered nation enjoying financial freedom and prosperity. Our vision is to be South Africa's most successful business developer creating sustainable economic growth and wealth.

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How To Immigrate With Your Family By Starting A Business In The UK

The simple way to make your entrepreneurial dreams come true in the UK.

Sable International

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Many people, especially those with families, are reluctant to up sticks and move to the UK. These would-be movers are often worried that they will not be able to secure employment in the hugely competitive UK job market. This source of stress alone is enough to discourage some from pursuing their dreams of living in the UK. But, there is an innovative and accessible solution.

The UK has several visa classes aimed at individuals who wish to invest in the country. These give an individual the right to live and work in the UK with their families, if they make a defined investment. A visa that interests South Africans is the Tier 1 (Entrepreneur) visa. We have developed our UK Tier 1 Entrepreneur Investment Programme to help South Africans looking to immigrate to the UK alone, or with their families.

The basics of the Tier 1 (Entrepreneur) visa

To be awarded a Tier 1 (Entrepreneur) visa, you will need to invest at least R3,5 million (£200,000) in an existing UK business or one you start up. There are certain other requirements, but these are not particularly onerous, and most investors will qualify if they submit their application correctly.

The entrepreneur visa allows you to live and work in the UK, and take dependant family members with you, defined as your partner and your child under 18. If you have the capital, or are willing to liquidate your assets in South Africa to raise it, the Tier 1 (Entrepreneur) visa is a great way to relocate your entire family to the UK.

Do note: You will need to make specific applications for each dependant, so it is vital you consult with an immigration expert before beginning the application process.

You’re not just immigrating, you’re investing in the UK

By starting or investing in a UK business as part of our programme, you will be granted the right to live and work in the UK, and earn an income from that business.

Related: Want To Start An Import Business – Here Are The Importing Terms And Documents Involved

The business you invest in will want you to play an active role, not just contribute seed capital. If you want to invest in a business without being an active director you will be allowed to do so, but you may not be eligible for the Tier 1 (Entrepreneur) visa.

Another restriction is that you cannot hold this visa and work for a business other than the one you are invested in. But, your partner will be allowed to work in whatever field he or she pleases.

How do you choose the right business to invest in?

There is always an element of risk when investing in a foreign business, particularly when you’re thirteen thousand kilometres away from the country you’re investing in. It’s important to understand exactly what you’re investing in before you take the plunge.

That’s why our UK Tier 1 Entrepreneur Investment Programme is hugely beneficial. It matches your investment capital with a pre-approved investee business. We’ll make sure that your skills are matched with an appropriate venture so you can be an active director of that business.

We’ll also handle your visa applications, providing you with a comprehensive immigration and investment solution. Our partner’s list of investee businesses is over 200 strong, giving you an array of choices in various industries. This allows us to pair you with the business that best suits your investment goals and skills.

But what if you have a successful business in South Africa?

It’s no secret — emigrating from South Africa is difficult for many families who have deep roots and thriving operations. There’s no reason why you can’t keep your business in South Africa as well as relocate to the UK.

Nothing restricts a Tier 1 (Entrepreneur) visa holder from owning and overseeing businesses in other countries while they are on this visa. Many clients choose to relocate to the UK while ensuring that their original business continues to operate. In this way, you will be supplementing the income from your UK investment with revenue generated by your South African business.

You can hold British and South African passports if you apply for your British citizenship in the correct manner. You must obtain permission from Home Affairs in South Africa to avoid having your citizenship revoked. Retaining your South African citizenship will make it much easier for you to continue running a business here.

Talk to us today

There are compelling reasons to move to the UK — a brighter future for your children and a more stable country in which to retire. Our comprehensive solution will ensure you get the most out of your relocation.

Visit www.sableinternational.com/entrepreneur or send us a mail on ukinvest@sableinternational.com 

If you’re thinking of immigrating to the UK or investing offshore — either or both — we can help.

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(Video) TomTom Telematics – Let’s Drive Business (UK)

TomTom Telematics

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WEBFLEET provides you with the right information at the right time to make smart decisions and achieve your goals: Lowering cost, reducing time on the road, supporting drivers and delighting customers. Running a business can be hard. So let’s make it easier. Request a demo and find out more at telematics.tomtom.com/webfleet/landingpages/launching-the-new-webfleet.

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Making The Case For FTTH With BDCOM

Successfully making the case for FTTH with BDCOM, Miro offers tangible solutions when deploying last-mile fibre connectivity through cost effective PON technology.

MiRO

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As a service provider, deploying a fibre network may seem daunting, expensive and unappealing; this stems from the capital expenditure required, as well as the added risk of the civil work needed during application. With the gaining popularity of fibre amongst various sectors; from service providers, to the end-users who demand high-speed internet, the demand for fibre is only gaining continuous traction; from the rising use of video-streaming platforms, to the ever-stable demand for reliable connectivity solutions, both for business and home use.

Given these facts, as well as the lingering hesitancy of expanding with fibre, the possibilities of this much desired optical connectivity can be realised through PON. Passive Optical Networks are currently transforming the face of last-mile fibre deployments. A world where sending data happens at the speed of light is now tangible at a tenth of the cost with PON. All the advantages which arise from optical fibre are now available in a cost-effective solution.

The demand for cost-effective, last-mile fibre solutions are also increasing due to the high bandwidth requirements of households and businesses; the large expenditure on active equipment and the on-going challenges of delivering high-capacity internet in densely populated areas are only some of the existing concerns. These, amongst other challenges faced by service providers, are accelerating the interest in deploying fibre optic networks to provide higher bandwidth delivery, reliability and lower latency levels.

The hesitancy of deploying fibre within a service offering stems from the myth that a fibre roll-out, especially in last-mile applications, can be a great expenditure in terms of infrastructure and operating costs. This myth can now be proven false with our FTTx solution from BDCOM.

The solutions available with PON (Passive Optical Networks) have been proven to reduce installation cost by up to 70% with the use of simple reflective devices, known as splitters.

applications-of-bdcoms-fibre-solutions

Related: Embracing Technology For Business

PON, completely negates the need for active equipment (such as switches, boosters etc.) because it allows the light, to be reflected towards the intended receiver (ONU) which then talks back to the light source (OLT) which is situated by the POP (Point of Presence). PON take up less physical space and consume less energy than traditional Ethernet because of the reduced number of active equipment. PON deployment costs up to 50% less than Ethernet, this includes components, labour as well as materials. The requirements for cooling are also less than with Ethernet, offering the client a saving on their utility costs.

Furthermore, fibre optic cables have a lifespan of up to 50 years as opposed to the 15 year lifespan of Ethernet copper. By analysing these facts, PON technology is arguably the only cost-effective solution to a fibre roll-out because of the major decrease in deployment and maintenance cost; therefore, there is also no surprise as to why it has become increasingly embraced by hospitals, government agencies and universities, amongst other industries.

bdcom-miro-south-africa_smallFor more information on the best last-mile PON solution for your fibre application, please do not hesitate to contact our experienced sales team; introducing you to the possibility of FTTx, together.

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