For some immigration representatives, April 3rd started as a normal day while waiting for the Department of Home Affairs Cape Town to open its’ doors in order to do their daily permit application submissions. This day turned out to be one of their more difficult days as they were advised they could not do their jobs or even enter the building, for that matter.
Most immigration practitioners, attorneys and lawyers make use of representatives to submit and follow up on permit applications on behalf of them. These representatives were denied access to the building as Home Affairs in Cape Town and other branches apparently received a directive from Pretoria. This directive explained that ONLY practitioners, attorneys and lawyers, who holds power of attorney on applications are allowed to submit such applications OR the applicant self. This certainly caused a massive inconvenience to everybody in this industry. Continue reading
“An excerpt by Paul Hawkinson from The Fordyce Letter”
“When I need a heart by-pass, rest assured that I won’t select my surgeon on the basis of what he charges.” That’s what an ailing executive recently opined when he was informed by his doctor about his arterial blockage problems. Why then are corporate executives so tightfisted when dealing with what is so commonly thought of as the “heartbeat” of their companies . . . top-talent?Companies think very little about paying the often excessive fees charged by their outside accounting and legal firms . . . or even to the gaggle of consultants who promise cost-cutting and streamlining miracles in other areas of operations. Yet, when faced with brain drains, talent deficiencies or the need to replace an employee with a better one, their thoughts too often turn to parsimony. This K-Mart mentality belies and contradicts their stated objectives to “hire the best,” especially at pecking order levels below the “big picture” executive suite inhabitants. Of course recruiting fees can vary from firm to firm but, when they do, you will almost always find that those on the low side are sure to exclude some very key ingredients of the process, all of which are vital to providing the indispensable services necessary to satisfy the needs of the employer.”
So why are recruiters worth what they charge? Just a few of the often unspoken reasons are: Continue reading
A Business Permit may be issued to a foreign national, who intends to establish or invest in a new business in South Africa. This foreign national are also able to take over an investing business.
There are quite a few factors involved in the establishment of a business, which are the following:
1. Required Investment:
The intended investment into the book value of the business of:
a. R 2.5 million in cash;
b. a capital contribution of at least R 2.5 million;
c. at least R 2 million in cash and a capital contribution of at least R 500 000 Continue reading