A C T I V E Networking that works...!

Welcome to friendsofgeorge - Networking at its best....!
Monday, June 25 2018 @ 02:28 am SAST

Email Article To a Friend View Printable Version

God is en bly vir altyd Groot!!!

Deur: Karlien Husselman Singer


Ek gee vir jul hierdie stuk wat ek vanoggend geskryf het... ek deel dit uit my hart se diepste kamers!!
God is en bly vir altyd Groot!!!

Email Article To a Friend View Printable Version

HOW TO FIND A HOME IN A NEW CITY




How to find a home in a new city

PROPERTY NEWS - Moving to a new city can be an incredibly exciting prospect, but it also comes with its challenges – like finding a place to live. Finding a great property to rent or buy in a place you know well is tricky enough… where do you even start when you’re moving to a city you barely know?

“A lot of South Africans are facing exactly this challenge at the moment, with semigration at an all-time high,” says Tony Clarke, MD of the Rawson Property Group. “It’s certainly stressful packing up your life and heading into unfamiliar territory, but that’s no reason to be cornered into bad property decisions that could affect you for years to come.”

So how do you make sure your decisions are the right ones? Clarke suggests asking yourself these questions as a start:

Do I want to rent or buy?
“In most cases, a short-term rental while you get comfortable with your new job and a new city is a smart idea,” says Clarke, “but there is a case to be made for buying if you have the financial means to do so.”

According to Clarke, buying an entry-level home in your new city can be a great way to establish a secure home base from day one, with the bonus of becoming an income-earning investment if you rent it out when you’re ready to move on.

“Starter homes and sectional title properties typically appreciate faster than their luxury counterparts, achieve better rental returns and often have lower maintenance responsibilities,” says Clarke. “That makes them ideal as relatively affordable entry-level investments that can double up as a place to live while you get settled in your new city.”

Clarke does warn against buying a home with the intention of selling again in the near future, however.

“You need to be willing to hang on to a property for at least five to ten years to recoup your investment,” he explains. “If you’re not ready for that kind of commitment, or are worried that you may not be making a well-informed purchase decision, a rental property is a safer idea.”

Do I need to be close to certain areas for work or school?
Choosing a neighbourhood in an unfamiliar city is always tricky, but Clarke suggests narrowing your options down by charting your likely commute every day.

“If you look at where you’re going to be working, shopping, or sending your kids to school, certain suburbs will likely stand out as particularly central or convenient,” he says. “I’d recommend getting in touch with a few neighbourhood real estate or rental agents who can then advise you on options in your price range, or guide you to alternative areas that better suit your desired lifestyle.”

Clarke also suggests doing an online search of potential suburbs to get information on things like community groups and crime statistics.

“A lot of neighbourhoods have websites or Facebook groups these days, which give fantastic insights into the type of community you’d be joining,” he says. “It’s a great way to get the inside scoop on your potential ‘hood’, and even make a few local friends before the big move.”

Can I trust my estate or rental agency?
“Unless you can afford to spend some time in your new town before you move, you may have to decide where to live based on nothing more than your agent’s recommendations and some photographs of the property,” says Clarke. “If that’s the case, you’ll want to be one hundred percent certain that your agent is reliable, honest, and has your best interests at heart.”

To set your mind at ease, Clarke recommends opting for an experienced agent from a reputable brand, preferably with contactable references in your new city.

“Remember, most national brands can assist with referrals, so you can always pop into your local franchise and ask for recommendations,” he says. “It’s a great way to make sure your new agent is held to the same professional standards that you’ve come to expect from those in your hometown.”
Email Article To a Friend View Printable Version

VULTURES WAITING FOR TRANSNET PENSIONERS




For an impoverished ageing pensioner, all they comprehend is a broken promise.

However, the case heard in the Pretoria High Court in 2016, was about exceptions. The objective of an exception is to dispose of the case or a portion thereof in a timely manner.

The exceptions raised by the funds and Transnet were not allowed by the High Court.

Vultures waiting for Transnet pensioners

The pensioners were assured that there would be no change to their pension benefits.
BUSINESS NEWS - This is a brief history of the old, the forgotten, and the dispossessed. Pensioners should be seen and not heard, even if they are struggling, and battling to put food on the table. After all, their lifespan is diminishing. Macabre? This is how the Transnet pensioners have been treated since 2003.

Is this a foreboding of the future – that of looted pension funds, and struggling pensioners? That employees may battle to make promises stick? Is this an indication of how workers are going to be treated when they are no longer economically useful? Or is this merely another example of a state-owned entity behaving badly?

To briefly recap the past – when, in 1990, the SA Transport Services was converted into a company, Transnet SOC Ltd, two defined benefit funds were inherited from the South African Railways and Harbours Administration. These funds were merged into the Transport Pension Fund. In 2000 the Transnet Second Defined Benefit Fund was created to house the pensioner members of the Transport Fund.

These funds fall under the Transnet Pension Act, and are therefore not subject to the Pension Funds Act, nor are they subject to supervision by the Financial Services Board. It should be noted that guaranteed benefit funds, which fall under the Pension Funds Act, are mandated to distribute any fund surplus to members. This does not apply to these Transnet Funds.

The pensioners were assured that there would be no change to their pension benefits. As they understood it, the annual increase would be 2% plus an increase to take inflation into account. This is what came to be referred to as ‘the promise’. This was kept until 2003, after which the annual increases were no more than 2%. Inflation shot up to 4.82% in 2006, reaching 7.57% in 2007 and 9.35% in 2008. It has remained high, coming down slightly to 4.50% in 2017.

During the years, these pensioners had to make do with paltry 2% increases. “Bonuses” were occasionally dished out, but it has not been possible to quantify the impact.

In 2014 two pensioners, Pretorius and Kapa, were granted the right to represent the pensioners of these two funds in a class action lawsuit against the Transport Pension Fund (TPF) and the Transnet Second Defined Benefit Pension Fund (the funds).

The pensioners only achieved a partial victory. Leave to appeal was denied in the High Court and the Supreme Court. This matter was heard by the Constitutional Court in April 2018, and the pensioners were granted the right to appeal the High Court judgment.

The pensioners have made the following claims:

The promise that the funds had failed to keep and that the funds should be ordered to pay the arrear increases taking into account 70% of inflation from 2003. The pensioners also argued that the failure to keep the promise constituted a breach of contract, unlawful state action and an unfair labour practice.
Transnet and the funds raised exceptions to the arguments but the ConCourt dismissed them and ruled that it does not deprive the respondents of the opportunity to raise [arguments] as “substantive defences in their respective pleas”.

The ConCourt also ruled that unlawful state action, unfair labour practice, and the breach of contract are all constitutional matters.

That the legacy debt of R171.8 billion as at April 1 1990, which was actuarially determined, plus interest of no less than 12% per annum as from April 1 1990, should be paid to the funds.
Transnet has failed to pay this amount over to the funds.

The exceptions raised by the funds and Transnet were not allowed by the High Court.

That the donation of 40% of the TPF members’ surplus, in the amount of R309.1 million that was made to Transnet on November 23 2000, constitutes an unlawful donation and is invalid and should be paid back by Transnet.
The exceptions raised by the funds and Transnet were not allowed by the High Court.
Email Article To a Friend View Printable Version

Boardroom to rent.

Are you in need of boardroom facilities or maybe you need a place for evening classes? Please call us on 044 873 4155. We also offer safe parking with access control.

Email Article To a Friend View Printable Version

Graad van blanke armoede skok



Daar is met skok kennis geneem van die graad en wydverspreidheid van armoede onder blankes in Suid-Afrika, in besonder onder Afrikaners, met die sirkulasie op sosiale media van 'n verslag deur Daniël Lötter van Front Nasionaal oor die toestande in die Munsieville blanke plakkerskamp te Krugersdorp. Uittreksels uit die verslag getiteld Waar ‘n volk sy skaamte weggegooi het, lees soos volg: “Nog nooit in my lewe het enigiets wat ek moes skryf, soveel van my geverg nie, dis wat in Munsieville by Krugersdorp aangetref word. Dit was op ‘n tyd ‘n ashoop – ‘n plek waar mense vuilgoed weggegooi het. Nou is dit mense wat daar weggegooi is. “Bejaarde mans met verrimpelde hande. Kinders met groot oë… net oë waarin daar niks uitdrukking meer is nie. Kinders wat na dinge kyk sonder om in te neem wat hulle sien, want dinge rondom hulle is maar net daar, dit het geen nut nie. “Uit die maalkolk van die menslike gang aan die Gautengse Wes-Rand het hulle hier uitgespoel. Die man in die sinkhok – wat op ‘n afstand lyk soos die tipiese hok wat op ‘n boereplaas staan vir die werfhond. Maar dis ‘n mens wat daarin skuiling maak. “Die man wat geopereer is vir ‘n breuk, maar die wond is nou oop. 13 cm lank, 5 cm wyd en stinkend van die verswering van septisemie. ‘Het jy vir my pleisters gebring?’ vra hy ‘Ek gee hom nog ‘n week,’ sê die ou man wat saamloop. ‘Dis die vyfde een vanjaar. Hulle wonde raak septies en hulle sterf.’ “Nie ver daarvandaan is ‘n skuiling waarin twee bejaardes woon.

Read more>>>>
First | Previous | 1 23| Next | Last