Influential Women in South Africa

Nothing excites me than seeing people make it in life. I’m one of those people that are always searching for successful people in their industries from motivation. I love being motivated by what others are doing out there. You don’t have to be born in a family where there is already a legacy you can start one for your kids and grand kids. With some people they didn't have to join political parties to make it. They went to school just like you and I and worked their way up. I look up to most South African Women and I've compiled a list of those that I admire.

 Here is the list of Women that I find Influential:

•  WENDY LUHABE - South African businesswoman, social entrepreneur and author. She was also honored as one of the 50 Leading Women Entrepreneurs of the World.  She’s the Founder and Chair of Women Private Equity Fund and a Founder of Wendy Luhabe Foundation
•   PHUTI MAHANYELE -Director of Energy at Shanduka Group. Prior to joining Shanduka Group, she headed the Project Finance South Africa unit at the Development Bank of Southern Africa
•  YOLANDA CUBA - Non-Executive Director at Absa Group Limited and serves as a Director at various companies. She is a qualified CA (SA). Cuba has served as Chief Executive Officer of Mvelaphanda Group Limited, where she became one of the youngest Chief Executive Officers ever of a JSE-listed company

•   KHANYI DHLOMO - Managing Director of Ndalo Media, which she founded in 2007. She is also the founder of Destiny Connect , the Founding Editor of Destiny Magazine and owner of Luminance

•  PRECIOUS MOLOI-MOTSEPE - an Executive Chairperson for African Fashion International. Her company owns and hosts Fashion weeks in South Africa. She is also a Chairperson for Leisurewor

•  PRECIOUS NCAYIYANA - is an Independent Pharmacist and a Stakeholder Relations Director at National Consumer Forum

• FUTHI MTOBA - President of Business Unity SA. She is a qualified chartered accountant and chairman of Deloitte Southern Africa. She is the first black woman to be appointed as a partner by one of the big four accounting firms in South Africa

•  NOMAXABISO MAJOKWENI - the Founder and Managing Director of L'Avant Group also a Board Member of South African Tourism
•   NONKULULEKO NYEMBEZI-HEITA - was the Chief Executive Officer of ArcelorMittal South Africa Limited. She is currently a Non-Executive director at Old Mutual, Macsteel ,JSE LTD

•  NONKULULEKO GOBODO - a Founder for Gobodo Incorporation. She is also an Executive Chair for White Harvest Holdings and a Member of the Bks Appeal Board. She is a Chartered Accountant of South Africa, and was the first black woman ever to achieve this

• IPELENG MKHARI- Ipeleng Mkhari is an Independent Non-Executive Director for KAP International Holdings Limited. She is a Co-Founder of Motseng Investment Holdings currently serves as its Chief Operations Officer and is the Founder of Phosa Iliso CCTV

•   KURISANI MASWANGANYI- founder and managing director of Kulani Engineering Consultancy.

Written by Cupid

Economic Freedom in our Lifetime - Investment 101

Throughout all the years, we've always known January to be a very tough month, we had great times in December and now many barely have petrol money – JanuWORRY. As the years have gone by I have found that I am becoming smarter and as such manage my December money better so as to live through Jan, but it’s still TOUGH. Queen Troll spoke to someone who knows a little more about money and savings and here’s what came up (hope it helps on the road to economic freedom)

Most individual’s I meet on a daily basis often need the use of the following investment vehicles to address their financial needs: 

1.       Unit Trust (I call it “super 32days notice account”)

-          Different Funds/Portfolios are chosen that meet the client’s investment goal return and risk profile.

-          Flexible investment vehicle. (Invested funds are available on requested)

-          Advantage: Liquidity of investment funds

-          Disadvantage: Capital Gains Tax can be charged.

-          Use:  Planning for short term goals (less 5years). Example: Trips, Purchase of anything, Education, building of capital, etc.

2.       Endowment

-          Fixed investment vehicle. (Invested funds are available after a fixed period of time)

-          Advantage: No Capital Gains Tax charged

-          Use: Planning for long term goals (5years plus). Example: Education for children, balloon payments, building of capital, etc.

3.       Retirement Annuity

-          Different Funds/Portfolios are chosen that meet the client’s investment goal return and risk profile.

-          South Africa’s legal age to access your RA is 55

-          Advantage: Tax benefit, government pays you as tax rebate your tax bracket on your contribution towards your RA (i.e. If you are in 40% tax bracket and you contribute monthly R10 000 towards your RA, the government of that R10 000 will give you a R4000 rebate)

-          Disadvantage: High penalty fees for access of investment funds before agreed upon fixed time.  

So are you ready to invest? A few facts:

·         Anyone and everyone, with affordability (of investment type), can participate in investing of money and shares. (Including a new born baby who through their parents can be an investment owner/holder)

·         When markets are low it’s always the right time to invest. At this time, the investment is “cheap” and when markets are high, the investment has increased in price- which means for someone pulling out, it could be right time (when markets are high)it would mean they would have made a significant gain. When a financial goal arises, like planning for children’s education, trips, purchase of property (which is also investing) - it is always the right time to invest to ease the burden of having to start at a later stage.   Of course anytime where it is certain that the initial entered investment will be lost and there is a significant amount of money involved- one can pull out.   

·         One important question that needs to be addressed in every individual’s Financial Planning is: What happens when I live too long? Meaning you need funds to fund that long life and your different goals – Investing is a way of ensuring you are able to meet your goals and have enough to take care of your long life.  

As a beginner the hardest thing in investing is STARTING, often we believe I must first have a lot of money to invest, when it should rather be - let me invest so I can have a lot money.

Investing need not be confused with saving, investing looks at a more long term approach, which means before one invests, they must have taught themselves how to save- this also allows the investor to have liquid capital in times of need from savings, instead of interrupting their investment goals.

Remember, the higher the risk in investment the higher the returns are likely to be.

If anybody would like to speak to the Financial Adviser who helped the Queen with the above information, here are her details. She is suitably qualified.

Cell: 072 442 5077/ 073 767  3480

 Email: ntsako.khosa@liblink.co.za

Courtesy of QueenTroll and Loulou 

The price of education

I came across an article stating the most expensive private schools in South Africa, all of which the school fees are no less than R140 000 and most offering the IEB syllabus. Right now with that money I could pay off my 4 year university fees which included res and food. To me these amounts seem ridiculous, firstly because of my current pay-grade and secondly because I managed to be where I am today regardless of my public school education. 

But with the performance of some of our public schools being the way it is and with no clear prospect of it getting any better, are these parents justified in their choice of schools for their children. If the bank balance allows it and they would rather invest this much money towards their kids education than be a TTT for some of us; I see no fault in this. Although these elite schools guarantee good facilities, the queens english and maybe exposure to certain opportunities that we as public school products only see once we enter university or the working force.  These  do not guarantee that your child will turn out any better than those in public schools, I believe the character and attitude of your child and also the values you equip them with, whether you pay R100 or R140 000 per year matter more than anything. 

Hilton college

But what do I know about raising children, my gold fish didn't even last 2 days, most probably cause I gave it tap water and not bottled, lol.

Whats your opinion Tolahs: Are these fees ridiculous? Or is it all worth it?

By ME :-)

Picture source: http://businesstech.co.za/news/general/70063/most-expensive-schools-in-south-africa/

http://schoolstribune.com/spotlight-on-hilton-college-p267-299.htm

Self esteem

Bio oil -for stretch marks

And still u see no beauty

Alie soap- for dark inner thighs, underarms and "slave knees"

And still u see no beauty

Make up - for the ugly face

And still u see no beauty

Spandex -for the cellulite

And still u see no beauty

Waist trainer -for the bulgy stomach

And still u see no beauty

Filter so u can get 50 likes and comments 

 And still u see no beauty

Photoshop for the body you want

And still u see no beauty

You fix yourself, you cover the map that is ur body to fix urself,

Oh darling if only you could realise that its ur inside that needs fixing. So u can see the beauty I see,  a pure beauty that does not seek validation, that oozes confidence , one that commands to be seen without words, a beauty that doesnt need make up to find itself, but uses it anyway. 

Pretty kills from outside in, pretty hurts.

By ME :-)

Happy Monday

Happy Monday everyone. Welcome back to those who; like me; are only coming back to work today. Can the year end already, I wanna go back, stay in the house and be a house girlfriend tlhe kiiiiiii don't judge!!

My weekend in one paragraph: I stayed in. Did nothing except eat, sleep, eat, watch tv, drink wine and eat some more. Boring but full of rest as I prepared for my first day back at work.

What did you ladies get up to this past weekend?

By Queen Troll