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SMME NEWS - JAN 2018 ISSUE

SMME NEWS - JAN 2018

free copy Data Collection & Analysis Literature Review Performance, Monitoring & Evaluation Methodology Academic & Market Research Proofreading Degrees, Hons, MBA, PhD & Business Email: johnsonud2003@gmail.com smme News @smme_news @smmenews SMME News SMME News MORE THAN 240 000 READERS 30 000 copies distributed throughout EThekwini Metropolitan, ILembe District, UGU District Portshepstone & Pietermaritzburg Issue No 14 : JANUARY 2018 R0.00 (Price)Tel: 031 307 1988 - news@smmenews.co.za, www.smmenews.co.za kuzoqhilika izihlathi ngophethroli Page 3 Business Funding & Opportunities Page 4 incwadi yamabhizinisi ngolimi lwakho Page 7 Street Vendors & Spaza Shops Page 10 Ramaphosa talks tough against corruption Marvellous Zondi Newly elected ANC president, Cyril Ramaphosa said on Thursday, 18 January 2017 that the country was heading towards the right direction in dealing with corruption and state capture. Ramaphosa was speaking at a breakfast event ahead of the World Economic Forum which will take centre stage next week. The ANC president also cited that the war against corruption and state capture will restore the confidence of investors making our country conducive for investments. “The most important thing is to address the issue of corruption and state capture. As a result, we welcome the establishment of the commission of inquiry that the president has announced,” said Ramaphosa. Corruption has stolen bread off a lot of SMMEs who are supposed to benefit from funding and deals which fall through because of briberies and a host of other mismanagement of state organs. Ramaphosa also took time to commend the National Prosecuting Authorityfor being tough on companies implicated in corruption and their quest of recovering about R1.6 billion which was allegedly earned through unsolicited deals with Eskom. “We want to see action being taken against those who have done wrong things. We have started seeing the beginning processes of precisely that. The national prosecuting agency is starting to move, and we welcome that,” said Ramaphosa before adding that the actions are long overdue. “We want them to act with urgency and increase the tempo of action that is being taken. The freezing of assets #@yourservice ANC President, Cyril Ramaphosa is an important component of that, but we want to see much more following on the actions that they should have taken a long time ago.” The Deputy President of the country will lead a team of government officials, business personal, labour and civil society leaders to the annual WEF meeting in Switzerland. New Company Registration Bank Account/Finance Facilitation (Property, Vehicles & Loans) B-BEEE Share Certificate, Tax Clearance, CIDB, CSD, BCCI Business Website Logo and Cards Contact: 0312011801 / 0792696603

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