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Protect your retirement savings

Government has introduced a law that aims to encourage South Africans to save and plan better for their retirement. In December last year, President Jacob Zuma signed into law the Taxation Laws Amendment Act of 2015 to assist households and ensure that they are not vulnerable to poverty, especially during retirement.  

32m drought relief

Government has pledged R32 million to help farmers affected by drought. The Industrial Development Corporation (IDC) has made available soft loans as emergency funding towards working capital, infrastructure and a small portion for carry-over debt for the commercial sector.

A soft loan is a loan with a below-market rate of interest. Giving an update on the status of drought relief support to the agricultural sector, Agriculture, Forestry and Fisheries Minister Senzeni Zokwana said the funding had already been approved.

Jobs: Department of Transport Feb '16

Director: Supply Chain Management
Reference: DOT/01/2016/ 1, Centre Pretoria

Branch: Administration: Office of the Chief Financial Officer

Chief Directorate: Financial Administration and Supply Chain Management

Directorate: Supply Chain Management

Package: All-inclusive salary package R 864,177 per annum of which 30% can be structured according to individual needs.

Timber entrepreneur harvests a thriving business

Mhlonipheni Zulu, a former timber harvesting foreman, always knew that he would have his own business one day.

In 1999, Zulu, who had valuable work experience in the industry and was inspired by the black economic empowerment (BEE) opportunities that arose in the sector during this time, decided to start his own harvesting business.

He registered his business under the name Siyawisa Hlathi CC and based it in Mtubatuba, KwaZulu-Natal. At first, Zulu was subcontracted to his previous employer to do timber harvesting.

More relief for farmers

Since the start of the drought that is gripping the country, the three spheres of government have been working together to give support to farmers in regions that have been declared disaster areas.

Free State, Limpopo, Mpumalanga, North West and KwaZulu-Natal are the provinces hardest hit by the drought.Minister of Agriculture, Forestry and Fisheries Senzeni Zokwana has outlined plans to support farmers.

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