Sell These Old Coins via WhatsApp: Some Sells for R20 000

Sell These Old Coins via WhatsApp: Some Sells for R20 000

Do you know the value of your old South African Coins? There are companies waiting to buy these vintage coins for up to R20 000. And you can sell these coins via WhatsApp. Get more details via WhatsApp on how much you can sell your vintage South African coins. Also find the place where you can go and sell your coin in person here in South Africa.

Please note the year and language listed on the coin. Some coins are valuable and some worth nothing at all. There are special coins that are the most wanted and buyers are willing to pay the highest price.

See more below…

UNION Coins – 1923-1960

These coins vary in silver content. Coins minted 1923-1950 will have a higher value than coins minted 1951-1960.
3d (tickey) only the 1931 3d has high value. 6d – 1 shilling – 2 shilling – 2 ½ shilling – 5 shilling

NB: (All the above coins minted from 1965 onward have no silver value, they are made from nickel.)

R1 coins dated 1965-1976.

From 1970-1976 – R1- coins only issued in collectors sets and are worth bullion value.
An easy way to check if your R1 coins are silver is by using a magnet, a fridge magnet will do. If the R1 coins stick to the magnet it is not silver and only worth face value.
I will also buy the silver commemorative series.

Download The List in Pdf

Places to sell these coins

Kenwigs Coins & Medals

Suite 8, First Floor,
Medical Suites,
Thrupps Illovo Centre
204 Oxford Road,
Illovo,
Sandton 2198

Telephone: 011-327-6388
Cell: 079-399-8987 (WhatsApp)
Email: info@kenwigs.co.za
Hours: 10:00am to 4:00pm

We asked who’s head is on South Africa’s 1966 50C coin.

And the answer is Jan Van Riebeeck

Sources:numista.com, Kenwigs.co.za

The New 2018 Mandela Coin

The South African Mint, a subsidiary of the South African Reserve Bank (Sarb) announced the launch of two new limited edition coins which pay tribute to struggle icon and former president, Nelson Mandela. The new 2018 Mandela Coin.

The new coins serve as a commemoration of Mandela’s legacy and what he stood for during the Apartheid era.

Notably, 2018 marks exactly a century since the birth of Mandela and the Mint aims to celebrate this milestone.

The two coins are visibly different in appearance, the one coin being bronze while the other is sterling silver.

The R50 bronze coin also depicts Mandela in his youth as a young lawyer while the R50 sterling silver coin portrays him as SA’s first democratic President.

 

Pricing of The New 2018 Mandela Coin

The bronze alloy coin is priced at R127 and tells its own tale, says Tumi Tsehlo, MD, South African Mint.

“Pricing the coin was a conscious tribute to Nelson Mandela’s legacy and our way of paying it forward. To celebrate 100 years since the birth of Mandela, and in remembrance of the 27 long and lonely years, he spent in prison, the entry-level bronze alloy coin is priced at R127.

With every coin purchased, R27 (VAT-free) will be donated to the Nelson Mandela Foundation”.

Notably, the two coins are also the second installation in the “Celebrating South Africa” theme. The first installation being the 2017 OR Tambo Centenary range.

According to the SA Mint, the series serves to educate individuals on SA’s struggle icons.

“South Africans must never forget her heroes who stood up and against injustice and inequality to usher a new era of freedom and democracy. We hope their stories will continue to be told and heard every time someone holds a Madiba or Tambo commemorative coin,” adds Tsehlo.

“Collectability is a function of craftsmanship, quality and theme amongst other personal preferences. The Mandela series no doubt ticks all the boxes and will be an amazing addition to any collection, not only because of its design but also because of the enduring value of the theme.”

List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

The coins can be purchased for the South African Mint’s retail store in Centurion, Elegance Jewellers in Melrose Arch and various pop-up stores in malls around South Africa.

Tselo added that they will be announcing new products in the Mandela Centenary range.

Where can you buy and sell Mandela Coins in South Africa

Source: IOL


Make Extra Income Branding Your Car: Up to R4000 Per Month

Do you want to make some extra income with your car? Yes you can.

 

If you have a car and you do some daily travelling, you can make some extra bucks every month. Up to R4000 a month, read more below.

 

What You Need to know

Be prepared to enter into a contract. We generally prefer long-term commitments.

You determine how the advertising message will be displayed on your car. It could be vinyl graphic panels, magnetic signs, bumper stickers or a complete at car wrap.

We Ensure that the material to be used is not harmful to your car exterior.

We expect you to be be prepared for regular inspections and spot checks from Brand Promo.

We choose a brand that you would love to advertise and goes well with your lifestyle and driving habits.

We expect you to Keep Brand Promo informed if there is any change in your driving pattern. Relocation to a different place, enrolling your child in a new school and having a new job are instances when your driving patterns could be altered.

The lengthy form is to provide accurate information regarding your driving habits to avoid any future issues with the us

You are expected to Maintain your car well and keep all documents up-to-date. Inform us immediately in case of any damage to the car or the advertising message.

Avoid any run-ins with the law. Drunk driving records, road tax evasions or violation of speed limits are strictly prohibited.

You may have to respond to curious onlookers who ask about the product or the advertisement.

Advertisement typically pays between R1000 – R4000 per month.

Take your time when filling out the application as this information will be used to select the drivers during our campaigns.

 

How to Register

 

It does not matter what you do for a living, you can earn money while you drive!

Make sure you accurately fill out your  Application Data From next and we will do our best to match you up with an advertiser.

 

Source: BrandPromo.co.za

Make Money Renting Your Car Plus Your Car Gets Covered

Make Money Renting Your Car Plus Your Car Gets Covered

 

RentMyRide is South Africa’s first neighbor-to-neighbor car rental platform. The website makes it possible for anyone to run a small side-business by renting out their own car.

RentMyRide is part of a worldwide movement called ‘Collaborative Consumption’ or the ‘Share Economy’. The movement’s poster child is Airbnb.com. This 25 billion dollar company makes it possible for anyone to turn their home into a hotel.

 

According to Peter Puren, CEO of RentMyRide, the sharing economy is a movement born not only out of necessity but just plain old common sense. “It’s time to start utilizing your assets to their fullest extent.”

RelayRides is the biggest neighbor-to-neighbor car rental company in the US and currently has almost 100 000 cars on their website. Drivy, which started in France and is rapidly spreading all over Europe, currently has more than 26 000 cars listed. Similar companies are thriving in almost all big cities around the world.

Car owners can now enter the South African car rental market, previously almost inaccessible to the man on the street. Owners can make anything from R2500 to R11 000 a month from a single vehicle.

Renters can save at up to 40% compared to regular car rental companies and they have the wider selection of choice.

Renting out your own car can be a daunting thought at first, but RentMyRide makes it easy and safe. Their 10 million rand insurance policy which includes 24/7 roadside assistance should put your mind at ease.

Renters create a profile on RentMyRide.co.za and then their details are screened. Car owners set the availability and price of their car. They then get notified when a renter requests a booking.

Owners control who they rent to and can accept or deny a booking request. Once a rental is complete, owners and renters can review their experience for future user’s benefit.

RentMyRide is launching in Cape Town and from there will spread out to form a nationwide network of car owners and renters.

One of RentMyRide’s early adopters, Mike made R42 000 last year renting out his car.

It was a year ago in the spring of 2014 when Mike Bunn was first introduced to an awesome new concept: earning side income by renting out your personal vehicle.

Mike was looking to start a small business, but wanted something that he can do in his spare time and would not interfere with his full time job as an accountant. He came across an ad by RentMyRide that offered to rent out your personal vehicle.

As an early adopter to the RentMyRide program Mike has a lot to say about his experiences as a RentMyRide owner. Register Your Can on RentMyRide

How did you decide to rent out your first car on RentMyRide?

After seeing that initial ad to RentMyRide, Mike recognized a great opportunity.

“At first I was a little bit skeptical about renting out my car to strangers, but looking at RentMyRide’s R10Million insurance policy gave me peace of mind. I thought I will first play it save and only rent out my older model 2007 VW Polo and see how it goes. The car was mostly out on longer term rentals to international volunteer workers and some overseas university students. The international renters were a bit more conscientious than the South Africans. One German even had the car polished before he returned it. After a few months I bought two more cars to rent out.

He has since enjoyed how RentMyRide has a very personal feeling that is all about community and its marketplace. Register Your Can on RentMyRide

What are you using the extra income earned through RentMyRide for?

RentMyRide has been a great addition to Mike’s own paychecks. His side income of more than R9000 per month has been nice and steady, allowing him to meet two different objectives —building his own business, as well as having discretionary spending money to use as he pleases.

“I use the extra money for a variety of things…with all the price increases some extra cash always comes in handy. I have also recently spoiled myself a bit and bought a 700cc Smart Car to have some fun in over the weekends.”

As for building my own business, “I realized renting out cars is an easy way to start small and grow my business when I can afford it. Also all the terms and conditions, signing of contracts, the booking system and payment system are done by RentMyRide. They have a robust R10 Million insurance policy and also supply 24/7 roadside assistance and customer support. It really is personal car rental made easy.”

 

How to Register your car

 

Source: Cape Business News

How to Trade Bitcoins Without Using The Actual Money

Cryptocurrencies are causing a global stir and have proven to be a more serious pursuit than Pokemon Go, minting legions millionaires and billionaires. So you want in on the action and reckon you’ll take your chances in the choppy waters of crypto trading.

 

You’ve gotten yourself studied up on Technical Analysis and have learned all the terminology (you’re saying things like Exponential Moving Average, Bollinger bands, head-and-shoulders patterns etc.) and you’re ready to dive in and get your ‘buy low, sell high’ on. Not so fast Gordon Gecko, you might want to sharpen your skills first. You know, to make sure you don’t get in the game and get bullied by the bears.

 

How do you get the necessary practice in? Well if you don’t want the crypto big boys wiping the sidewalk with you, you need to get yourself a trading simulator. Here are a few simulators you can check out.

 

Coins2Learn

 

Coins2Learn offers a safe and free simulator teaches you how to exchange Bitcoin and altcoins to improve your trading abilities, without risking real money.Trading through a simulator enables you to gain valuable experience and confidence trading cryptocurrencies without the risk of going bust.

 

Coins2Learn also offer you a chance to compete with other traders in a global league, for the chance to win actual Bitcoin.

 

BitcoinHero

 

BitcoinHero is a free Bitcoin game/simulator for those who want to learn how to trade Bitcoin and other cryptocurrencies without any risk. You can also change the bet and leverage, thus managing the potential profit size. Buy or sell Bitcoin, ETH, LTC, and Dash at their actual prices!

 

CryptoGround

 

CryptoGround features a beginner’s guide and news tab in addition to offering a simulator. The simulator is currently being revamped to offer a better trading experience but you can still test your mettle on the old one

 

That covers your desktop trading practice. For those who want to steal a moment of practice while waiting for the Gautrain, there are mobile obtions available. Namely: CryptoTrader, Cryptocurrency Exchange Simulator, and CryptoMarketGame, which mimic actual exchange layouts and use historical price charts so you’ll be trading against a coins actual historical price movements.

 

Get as much practice as you can before diving in with real value. Hone your strategy on a simulator and you have less chance of getting yourself spanked when you enter the markets. Happy trading.

 

Source: Bitcoinhub.co.za

27 000 South Africans Lost about R600 Million in Bitcoin Investment Scam

Since cryptocurrencies appeared and their price increased, scammers tried to take profit from it. Hacks, scams, and mysterious Initial Coin Offerings were the tactics used by crooks that wanted to steal others’ funds. Now, the country that is suffering from an important scam in South Africa, where more than 27,500 people, have been affected.

 

The Bitcoin investment group BTC Global has reported that R600 million in crypto assets have been stolen from the group’s investors.

South African Investment Group Scam

Investors from South Africa, Australia, and the United States have been affected by one of the most important Bitcoin hacks. According to local news sources, Steve Twain, the sole manager of the investments at the company, disappeared in February 2018 without mentioning anything about the funds. BTC Global’s administrative team wrote a post on Facebook two weeks ago explaining that they were not able to locate Twain.

At the moment, the South African Directorate for Priority Crime Investigation (Hawks) is working investigating claims against BTC Global. Mr Captain Lloyd Ramovha, part of the institution, confirmed that the Serious Commercial Crimes Unit is working side by side with the “Hawks.”

 

Some investors have reported very important sums of over $100,000. Individuals that wanted to invest in BTC Global, had to send their funds to a single wallet address.

Mr Ramovha commented:

“I have spoken to one of the investigators in our team and he has confirmed that this matter came to them about two weeks ago. There are in excess o 27,500 complaints with many outside South Africa. The amount is over $50 million and could rise as more victims come forward.”

When speaking with The Sunday Times, Antoon Botha of BMV Attorneys confirmed that they are working with several clients involved with BTC Global. According to Botha, they are planning to take legal actions against the company and its representatives.

“The investigation is in its infancy,” said Mr Ramovha. “I also cannot say whether it is a Ponzi scheme. BTC Global is being investigated for contravening the Financial Advisory and Intermediary Services Act,” he said.

Cryptocurrency Risky Investments

But even when the funds have been lost, the company keeps explaining that cryptocurrency investments are risky and that investors should know what they were doing. As BTC Global works as any other fund, the risk of losing the investment are inherent, says an administrator at the company.

You may also read:

What is Bitcoin and How Does it Work

Cheri Ward, an administrator at BTC Global, says:

“Every single person who invested in BTC Global did so of their own volition and subsequent to having conducted their own research into the fund. As is the case with any fund into which money is invested there is no guarantee that an investor will be receiving any return on their investment.”

Crypto Scams

Clearly, investing in cryptocurrencies is a risky investment. The market is very volatile and it is not regulated yet. This situation is perfect for scammers to spread and steal investors’ funds.

All over the world cryptocurrency scams have been registered. Hackers have been stealing investors’ funds from cryptocurrency exchanges. Initial Coin Offerings (ICOs) have never started the promised project. Finally, fake cryptocurrencies and platforms promising unrealistic returns, as BitConnect, have also been in the news.

Some time ago, Coincheck, a Japanese exchange, has been hacked and $500 million dollars in NEM coins were stolen. At the moment, NEM is working with the local authorities in order to track the funds.

You may also read:

Places to Buy and Sell Bitcoins in South Africa: Open A Free Account

As investors, it is important to be aware of these scams and to avoid not recognized sites and not professional businesses. Now, 27,500 individuals are trying to locate their funds, but tomorrow it can happen to any of us if we are not careful about the investments we do.

 

Source: Bitcoinhub

What is Bitcoin and How Does it Work

What is Bitcoin and How Does it Work

Bitcoin explained, what it is, who created it and what it is used for. This information was sourced from Coindesk.

 

What is Bitcoin

To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as “bitcoin.”

What is Bitcoin
What is Bitcoin

The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world, using free software.

It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography.

 

Who created it?

A pseudonymous software developer going by the name of Satoshi Nakamoto proposed bitcoin in 2008, as an electronic payment system based on mathematical proof. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way.

To this day, no-one knows who Satoshi Nakamoto really is.

 

In what ways is it different from traditional currencies?

Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

 

But it differs from fiat digital currencies in several important ways:

 

1 – Decentralization

Bitcoin’s most important characteristic is that it is decentralized. No single institution controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world. This attracts individuals and groups that are uncomfortable with the control that banks or government institutions have over their money.

Bitcoin solves the “double spending problem” of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives. In electronic fiat currencies, this function is fulfilled by banks, which gives them control over the traditional system. With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one.

 

2 – Limited supply

Fiat currencies (dollars, euros, yen, etc.) have an unlimited supply – central banks can issue as many as they want, and can attempt to manipulate a currency’s value relative to others. Holders of the currency (and especially citizens with little alternative) bear the cost.

With bitcoin, on the other hand, the supply is tightly controlled by the underlying algorithm. A small number of new bitcoins trickle out every hour, and will continue to do so at a diminishing rate until a maximum of 21 million has been reached. This makes bitcoin more attractive as an asset – in theory, if demand grows and the supply remains the same, the value will increase.

 

3 – Pseudonymity

While senders of traditional electronic payments are usually identified (for verification purposes, and to comply with anti-money laundering and other legislation), users of bitcoin in theory operate in semi-anonymity. Since there is no central “validator,” users do not need to identify themselves when sending bitcoin to another user. When a transaction request is submitted, the protocol checks all previous transactions to confirm that the sender has the necessary bitcoin as well as the authority to send them. The system does not need to know his or her identity.

In practice, each user is identified by the address of his or her wallet. Transactions can, with some effort, be tracked this way. Also, law enforcement has developed methods to identify users if necessary.

Furthermore, most exchanges are required by law to perform identity checks on their customers before they are allowed to buy or sell bitcoin, facilitating another way that bitcoin usage can be tracked. Since the network is transparent, the progress of a particular transaction is visible to all.

This makes bitcoin not an ideal currency for criminals, terrorists or money-launderers.

 

4 – Immutability

Bitcoin transactions cannot be reversed, unlike electronic fiat transactions.

This is because there is no central “adjudicator” that can say “ok, return the money.” If a transaction is recorded on the network, and if more than an hour has passed, it is impossible to modify.

While this may disquiet some, it does mean that any transaction on the bitcoin network cannot be tampered with.

 

5 – Divisibility

The smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001) – at today’s prices, about one hundredth of a cent. This could conceivably enable microtransactions that traditional electronic money cannot.

 

6 – Where to buy Bitcoins

How do I sign up?

Sign up for Luno and get ZAR 10.00 worth of Bitcoin when you buy or sell ZAR 500.00 (exchange excluded), using Luno’s Website.

Buy Bitcoins

Sell Bitcoins

Source: Coindesk

Places to Buy and Sell Bitcoins in South Africa: Open A Free Account

Have you recently heard about Bitcoin? Are you interested in buying and selling Bitcoins?

Well, you should be interested because it looks like Bitcoin is going to be the language of the town in the recent periods.

Buy bitcoins with luno
Buy Bitcoins with luno

People are making money trading or investing in Bitcoin.

 

If you are looking for a place to buy and sell Bitcoins, look no more because you have found  the best place.

That place is called Luno

 

What is Luno all about?

Today, Luno is one of the world’s leading digital currency companies with a team of over 60 technology and finance experts, operating across several countries and continents. Their products and services make it safe and easy for people and businesses to store, buy, use and learn about digital currencies like Bitcoin and Ethereum.

Luno’s vision is to empower billions of people by bringing digital currencies like Bitcoin and Ethereum to everyone, everywhere.

 

How do I sign up?

Sign up for Luno and get ZAR 10.00 worth of Bitcoin when you buy or sell ZAR 500.00 (exchange excluded), using Luno’s Website.

 

6 Legit Ways to Make Money Online in South Africa

There are a lot of ways to make money online all over the world which you can explore. But how would you know which one works and if they are legal ways?

Here below I have selected some of the best and legal ways to make money online in South Africa.

So, browse around and make sure you join one or two to see if they can work for you. Remember, there is nothing to loose because you join for free and you need is data to register yourself on these money-making platforms.

Here are Ways to Make Money Online in South Africa

  1. Website That Pays
    Several websites pay people for various things, like shopping, reviewing products, and taking surveys.

    Our team has filtered through the 100’s of survey for cash companies out there to bring you the 3 best companies you can try in SA:

    SwitchedOn
    switched_on
    SwitchedOn is one of SA’s leading online research panels. Sign-up today for free and stand your chance of winning Cash, Data, Airtime & Vouchers.                                                                      Make Money With Survey Now

    • Earn 30 – 260 per completed survey.
    • Exchange 550 pts for R100 Voucher or  900 pts for R200 Voucher.
    • Vouchers redeemable at TakeAlot, Zando & YuppieChef.

    The Panel Station
    Make Money Online completiing surveys for The Panel Station

    • Earn 100 – 5000 points per completed survey
    • Exchange 8000 pts for R200 Voucher.
    • Vouchers redeemable at TakeAlot & PayPal.
  2. JustPlay

    Make Money Online winning competitions on JustPlay!
    In South Africa we are blessed with a little company called JustPlay who has over 1,000,000+ users (which I guess makes them not so little).

    How does JustPlay work?

    • Look through their list of prizes, pick one you like.
    • Engage with brand by filling in short questionnaire.
    • Viola, you’re entered in the draw for that prize.
  3. Increase Your Value in the Work Place with a Free Online Course

    Shaw Academy

    Shaw Academy is one of the largest online educators & provides skill development courses like photography, financial trading, digital marketing, & nutrition.

    Take advantage of Shaw academy’s free online course offer today!

  4. Be a Freelance Writer

    Freelance Writing
    Writing is one of the most popular online jobs. Businesses need blog posts, website copy, articles, and several other types of content.

    It’s important to have your own website as a portfolio when you’re pitching online writing jobs. Or you can create a LinkedIn profile to use as an online portfolio. Clients will want to see samples of your writing.

  5. Sell Your Unwanted Items

    Gumtree-220x220
    Earn money from your unwanted items by selling them on Gumtree. Search through the site to see what kinds of items have sold recently and how much people are selling them for.

    Make Money With Survey Now

  6. Create Your Own Blog

    Another job for a writer, personal blogging is also a great way to make money online. However, this job requires patience and persistence. You likely won’t see much of an income from the get-go.

    Bloggers make money through advertising, selling products, and writing sponsored posts, among other ways.

The Difference Between The Graded and Non-Graded Mandela Coins

The coins that have value are those that are graded by the grading companies, so you must know and be able to differentiate between the graded and non-graded Mandela coins.

Grading Companies
The largest and most respected organisation of professional coin dealers is called PNG (Professional Numismatists Guild) and ICTA (Industry Council for Tangible Assets). They look over the coin market and make sure dealers around the world know about the differences in between grading companies.PNG releases surveys of the biggest grading companies.

As you can see on the table produced by PNG, NGG and PCGS emerge as the top graders in the world.

For this reason The Coin Company only deals with NGC and PCGS coins. All our Nelson Mandela Coins, Nelson Mandela 90th Birthday R5, 2000 Nelson Mandela Millennium R5 and 1994 Presidential Inauguration R5 are NGG or PCGS graded.

BE AWARE!! Do not buy any coins that are not graded by PCGS or NGC. Nelson Mandela coins without grading have no other value than the one they represent.

ANACS grading came into being as an arm of the American Numismatic Association, the world’s largest coin club. In 1990 after ANA sold its grading service to Amos Press of Sidney, Ohio, it ranked “average” in the PNG (Professional Numismatists Guild) and ICTA (Industry Council for Tangible Assets) report for grading accuracy. For this reason we don’t deal with ANACS coins.

Free Forex or Financial Trading Course

A lot of people are claiming to be making a lot of money with forex trading in recent years in South Africa. One could not afford to miss such kind on a lifetime opportunity. But doe it come free or that easily? Of course not, for one to begin trading forex, they need intense training.


They always say forex is risky, yes it is risky because it involves real money. Without sufficient training on forex, you might loose a lot of money by entering a trade that could result in a loss.
So, for one to execute the forex business successfully, an intense training is required.
There are companies and individuals running forex training in South Africa. Some are national and some are regional.

When you choose a training provider you must first look for the following:
*Make sure they are a legit registered entity
*Make sure you physically know their operational site or office.
*Make sure that at least you know some people who has already undergone for training in those facilities.
*Also make sure that they are not fly-by-nights
Here are some of the websites of companies conducting forex training in South Africa.
The Shaw Academy

The Shaw Academy offers a free course on Trading or financial trading. This course can help you understand forex trading without paying training fees.

Register for a free financial trading training now and learn to trade.
Was this information useful for you, if yes please share on social networks, your friends might just need it.
NB: Forex is risky, don’t enter trading without good training.

Show Your Beautiful Heart, Share this please

8 Investment Ideas That South African Youth Must Consider

8 Investment Ideas That South African Youth Must Consider. Get some ideas of how you can invest for your future. Business is key, it creates wealth and provides income for the workers. Read more…

1. Rental Properties

More entrepreneurs should consider rental real estate as an important part of their portfolio. There are a number of ways to make money in the residential real estate market, including making home improvements, flipping houses, owning and renting property, investing in residential real estate, and investing in mortgage notes.

 

2. Car Rentals

Owning a car rental franchise offers a unique opportunity for the right person. Franchise business opportunities in car rental can be extremely successful when hard work and determination meet a successful business model, support and resources. Franchising offers franchise seekers an opportunity to be their own boss while also having access to a proven business model and marketing plans that have built a recognized, strong brand.

3. ICT

The South African information and communication technologies (ICT) sector is well established and sophisticated. South African companies are world leaders in pre-payment, revenue management and fraud prevention systems, and in the manufacture of set-top boxes, all exported successfully to the rest of the world.

4. Education

Both Government and the private sector have allocated large budgets to improve this sector. More franchises are increasingly being established, especially Technical and Vocational Education and Training (TVET) colleges (formerly known as Further Education and Training (FET) colleges), due to the demand for such facilities and skills in the country.

5. Agriculture

South Africa is a country of many challenges and is also a gateway for investors in Africa and offers enough opportunities in agriculture for investment, cooperation, expansion and trade. New foreign agricultural investments in South Africa are to the advantage of South African farmers and assist in job-creation.

6. Manufacturing

While the sector will continue to offer opportunities in 2015, entrepreneurs should be exploring export orientated manufacturing. Government offers attractive incentives, such as rebates and tax deductions, for component manufacturing, as well as an entrepreneur’s ability to develop overseas markets for such products.

7. Tourism

While manufacturing should be export orientated due to the weak rand, entrepreneurs should take advantage of this in the tourism sector due to foreign tourists benefiting from the favourable exchange rate. Business tourism is increasingly growing in attractiveness due to South Africa being recognised as the gateway to Africa, and due to the weak rand.

8. Infrastructure

Government, at all levels, is investing in upgrading services and facilities and smaller contractors should seek ways to get involved in the various scheduled projects. Apart from low-cost housing, basic services, such as water, electricity, sewage plants, as well as repairs and upgrades to Government buildings and recreation sites, are needed in cities and towns across the country.

 

Source: YouthVillage

5 Things to Do to Help You Save Money Each Month

Saving money can be tricky and may seem undowable because we are faced with daily demands and needs. But if it dowable, here are 5 things to do that can help you same each month.

Debt Rescue provides a list of 5 mind tricks to help make saving easier:

1. Start a coin jar

Get into the habit of adding all your change to a coin jar. Ridding your wallet, purse and car of unused coins on a weekly basis is the easiest way you have ever saved. Once your jar is filled, take it to the bank and deposit the money directly into your savings account.

2. Automate your savings

This is a great, out of sight, out of mind saving method. With automated savings you take away the temptation every month and soon it will become second nature.

3. Hide credit cards

If you are trying to cultivate a savings culture your credit card has no business being in your wallet. Easy access to your credit card is just as good as walking around with money in your pocket. Don’t tempt yourself. Keep your credit card in the safe. And if you really don’t trust yourself let your partner keep it for you.

4. Challenge yourself to a 52-week savings plan

The main reason people take up challenges is because they have a start and end date with measurable milestones in between. That is why exercise and weight-loss challenges are so popular. Why not try the same with saving, and do a 52-week challenge?

With a 52-week saving challenge you save R1 in week one, and up the amount with R1 every week. In other words in week two you will save R2, R3 in week three and so on and so forth until you get to week 52 and save R52 in that week. It will be the easiest R1378 you have ever put away. Want to make it really interesting? Swap the R1 for a R2 challenge and boost your savings even more.

5. Focus on the rewards

It is difficult to save for the future with nothing tangible for all your saving efforts in between. Therefore:

  • Make it easier to save by focussing on the bigger picture of what you are saving for. If you are saving to buy a home, cut out pictures of your dream home and stare at it often. Create pin boards on Pinterest and collect ideas for decorating your dream home.
  • Reward your saving by treating yourself and your family to an affordable weekend away (for example) after reaching a prominent milestone. This way you create tangible smaller “rewards” to incentivise yourself for saving.

“Saving is a positive action you are doing for your future. But don’t put so much pressure on your cash flow that you are forced to take on debt. That is not the point of saving at all. Instead try and cut costs on luxuries and other expenses so you are able to afford saving,” it said.

Source:BusinessTech

Online Gamblers and Operators in SA Might Be Jailed 10 Years or Fined up to R10 Million

You may not know it, but online gambling is illegal in South Africa. Nevertheless, it’s a booming industry that is hitting licensed casinos hard.

The National Gambling Act of 2004 bans all “interactive” online casinos and games such as poker and bingo.

Numerous online gambling sites exist and some estimates suggest that tens of thousands of South Africans have active accounts.

The most popular online gaming platform in South Africa is Costa Rica-based “Realtime Gaming”.

Online gambling represents a massive loss in tax revenue and has the potential to slash visits to “land based” casinos. Online gambling in Europe, where it’s legal, has caused casino visits to fall by 20 percent.

Casino and horse-racing revenue fell by 0.6 percent in 2014. According to the National Gambling Board, gambling revenue totalled R21.8 billion while the industry paid R2.2 billion in tax.

Gamblers and operators face a maximum penalty of R10 million and/or 10 years in jail.

 

Source: 702

See other legal ways to make Money Online in South Africa

5 Simple Business Ideas South African Young Women Should Consider

Looking for a small business idea? Here’s a list of 5 ideas to female entrepreneurs who are making it in their respective business niche.
Are you looking to earn some extra money on the side or to potentially start your own business?

Today I want to highlight some of the best small business ideas for women to motivate you to take that first step!

That’s not to say that men can’t pursue these ideas as well, but for today we’re honoring all the female entrepreneurs.

This list contains the businesses that I’ve seen women do exceptionally well with. As an added little bonus I’ve included some amazing women you can learn from no matter which business best suits you!

(And remember these are women just like you and me. They’re not celebrities, they’re not part of a get rich quick scheme. If they can build up amazing businesses you can, too!)

 

1.Blogging

Making money through blogging is seriously like the best thing ever. It’s a wonderful feeling to get paid for your words and ideas.

To be honest, I recently just reignited my blogging spark after taking Elite Blog Academy (the best course EVER!! More on that later this month.) And since then my traffic has doubled and my blogging income is on a steady rise too.

 

 

2.Freelance Writing

Freelance writing is how I got my start in the online income earning world. Freelancing is the best way to make money FAST. (Here’s a complete guide on getting freelance blogging jobs.)

But as with every money making opportunity goes – your own mileage may vary!

Learn from someone who is now making good money from freelance writing and blogging services.

 

3.Online Courses

I mentioned earlier what a HUGE impact Ruth Soukup’s Elite Blog Academy has had on my blog in just one month.

Ruth has seriously created the best online course for blogging or writing that I have ever taken. And I’ve taken a lot of courses!

If you have something to teach get that idea out to the world. Create a membership site and start an online course. Learn as you go!

 

 

4.Affiliate Marketing/Niche Sites

Niche sites are simply websites that are focused on a particular topic and are monetized, usually through affiliate sales. (When you make an affiliate sale you earn a commission from the company you’re promoting.)

I’ve tried my hand at affiliate marketing with niche sites a couple times and miserably failed! That’s not to say it isn’t an awesome business idea. It is! And it’s also fun.

While my niche sites didn’t work out (read about that here) I still had so much fun building them and it was an amazing learning experience.

 

5. Website Management

Website management is a very diverse business and is actually something that I’ve ventured into rather than only freelance writing.

When it comes to website management you can do everything from sell ads, edit and schedule content, hire writers, promote on social media and more.

Since this is such a diverse area I wanted to highlight two women who are successful website managers but make their money in very different ways.

 

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