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Incentives for exporters

first_imgThe government provides various incentives to South African firms to export their products internationally. Export Marketing and Investment Assistance The Export Marketing and Investment Assistance (EMIA) scheme compensates exporters for the costs involved in developing export markets for South African products and services. Set up by the Department of Trade and Industry (DTI), EMIA aims to develop an export market in South Africa and to assist South African exporters gain access to this market. By encouraging individual manufacturers and exporters, the DTI hopes to recruit new foreign direct investment. The scheme is administered by Trade and Investment South Africa’s (TISA) export promotion unit. Under this scheme, the DIT offers exporters incentives and financial assistance with market research, trade missions, showcasing products and services at international exhibitions, among other things. Costs covered can include exhibition fees, stand construction, travel and daily allowances. Who qualifies for EMIA assistance?South African manufactures and exporters;South African export trading houses representing at least three SMMEs or businesses owned by Historical Disadvantaged Individuals (HDIs);South African commission agents representing at least three SMMEs or HDI- owned businesses; andSouth African exports councils, industry associations and joint action groups (JAGs) representing at least five South African entities. The Industrial Development Corporation The IDC makes financing available at reduced rates for selected expansion schemes that are expected to result in increased foreign exchange earnings. Financing of credit for exporters of capital goods is also available through the IDC or private sector merchant banks at reduced rates. The Export Credit Insurance Corporation The ECIC provides export credit and foreign investment insurance cover on behalf of the government. The ECIC, an agency of the Department of Trade and Industry, aims to facilitate and encourage South African export trade by underwriting export credit loans and investments outside the country to enable South African contractors to win capital goods and services’ contracts in other countries. Website: sars.gov.za Website: www.ecic.co.za Website: www.idc.co.zaSee the official portal for South African government incentive schemes: www.investmentincentives.co.za Website: sars.gov.za See the DTI website for the latest information on EMIA Download the DTI’s Guide to Incentive Schemes 2011/12, [PDF]Contact the EMIA administrators:General enquiries: (012) 394 1014DTI Customer Contact Centre: 0861 843 384 Credit Guarantee Insurance Corporation Offers exporters insurance covering domestic or international debtors, which means exporters are protected against non-payment. IDC is a shareholder of the company.Website: www.creditguarantee.co.za See the DTI website for the latest information on sector specific funding, including Project Funding For Emerging Exporters guidelinescenter_img See the DTI website for the latest information on CPFP, including guidelines and to download application forms Sector Specific Assistance Scheme The Sector Specific Assistance Scheme (SSAS) is a reimbursable 80:20 cost-sharing grant offering financial support to export councils, joint action groups and industry associations. The scheme has a subprogramme specially designed to assist emerging exporters. Eligible enterprises are non-profit business organisations in sectors and sub- sectors of the industry prioritised by the DTI. Customs and Excise duty refunds Provision is made in the Customs and Excise Act for general refunds, as well as a large number of specific drawbacks and refunds of customs and excise duties, to exporters. These concessions are available to manufacturers as well as to merchants who import goods for re-export. Assistance is divided between individual and group offerings; and each scheme has its own defined criteria. VAT Export Incentive Scheme Exporters may zero-rate VAT on exports regarded as a direct export. Applicable to exporters registered as VAT vendors in South Africa. You must be registered with the South African Revenue Service (SARS) to export commercial goods from South Africa. Capital Projects Feasibility Programme The Capital Projects Feasibility Programme (CPFP) is a cost-sharing programme that contributes to the cost of feasibility studies likely to lead to projects outside South Africa that will increase local exports and stimulate the market for South African capital goods and services. All South African enterprises are eligible, as long as the study is undertaken by local companies. SA.info reporter Reviewed: 5 August 2012 Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

How to Use Klout to Disempower Your Customers

first_img3 Areas of Your Business that Need Tech Now IT + Project Management: A Love Affair Cognitive Automation is the Immediate Future of… Massive Non-Desk Workforce is an Opportunity fo… Tags:#enterprise#Trends center_img Twitter hasn’t replaced the telephone for customer support yet, but the list of companies using it as a customer support channel is growing. Social media has given the customer an unprecedented soap box for venting about companies that do them wrong. Forrester talks about this as an “empowering” of the customer. And companies are scrambling to find ways to keep these customers satisfied.But what I haven’t heard much about is what happens to those customers that don’t have many Twitter followers or Facebook friends, or who don’t use social media at all. Most social media monitoring and engagement software we’re seeing has some sort of support for Klout scores, follower counts, etc. in an effort to help companies prioritize who should be answered first.Does that mean your level of customer support will be tied to your Klout score in the future?I’ve complained about companies on Twitter before when customer service couldn’t help me, or were taking too long. The issues were resolved pretty quickly. In one case, the CEO of a company replied to me directly. This didn’t make me feel special. It made me feel a uncomfortable. Was I able to jump the queue just because I have a relatively high Twitter following? What if I didn’t have a Twitter account? Would my issues have ever been addressed?I can understand the use of sentiment analysis, if the technology gets to the level that it’s practical, to let the most angry people jump the queue. But even here, I question the strategy. Will people fake being angry to get priority service? What will that mean for all the calm, well behaved customers? Will they remain calm if they keep being ignored? Turning some customers into second class citizens is a bad strategy.Here’s an example from the book Empowered by Forrester analysts Josh Bernoff and Ted Schadler. Josh Korin was unhappy with his experience at Best Buy, and he tweeted about it. He had 596 followers, which is sizable but not massive. Best Buy responded to his tweets and solved his issue.It turns out his wife is Amy Ravit Korin, a social media marketing consultant who had over 3,000 followers at the time. She tweeted about how Bust Buy helped her husband, and her followers ended up also tweeting about Korin’s good experience. But it could have ended with her tweeting about how unhappy her husband was with his Best Buy experience if he hadn’t had a Twitter account.You can’t tell by how many followers someone has how influential they are. Maybe a customer only has two dozen followers. But if that person happens to be Robert Scoble’s aunt, she may have more online influence than you expect. And don’t forget about private Facebook accounts and protected tweets. You could have hundreds of angry customers venting to thousands of potential customers about how slow your customer service is to respond to issues. And you won’t even know it.“Influence” aside, all customers count (not to mention the fact that influencers are overrated). A business’ job is to keep its customers happy. Responding to complaints on Twitter and other social media can be a great way to do that, but don’t forget: those greasy wheels aren’t you only customers.Photo by Tudor Related Posts klint finleylast_img read more

10 months agoEric Garcia: Man City debut justifies Barcelona exit

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Eric Garcia: Man City debut justifies Barcelona exitby Paul Vegas10 months agoSend to a friendShare the loveEric Garcia says making his Manchester City debut justifies his decision to quit Barcelona last year.Just 17, the defender shone for City’s Carabao Cup shootout win over Leicester City this week.”I’m really proud of my decision,” Garcia said. “It’s difficult because you leave your friends, your family and your old team-mates, but at the end I need to think about my career and I’m really happy for this.”On his debut, he continued: “First I wasn’t expecting even to be in the squad then Pep told me I was starting, so I was really happy. “I wasn’t expecting this because last week I played my first full 90 minutes [post injury] against Hoffenheim so I was focused on the Youth Cup.” last_img read more

Ohio State Football Players, Coaches Go Crazy After Stanford Beats Notre Dame

first_imgTaylor Decker tweets about God being a Buckeye.No. 9 Stanford just beat No. 6 Notre Dame 38-36 on a 45-yard field goal as time expired. The win by the Cardinal eliminated Notre Dame from College Football Playoff contention, and kept Ohio State’s hopes alive after the Buckeyes thrashed Michigan today to finish the regular season 11-1. Naturally, Ohio State’s players and coaching staff were very happy with the outcome, and celebrated it on Twitter. If he makes this….God is a buckeye— Taylor Decker (@TDeck68) November 29, 2015 Let’s gooo— Mike Thomas (@Cantguardmike) November 29, 2015 Go Cardinal!!!!— Zach S❌ith #Zone6 (@CoachZachSmith) November 29, 2015 Man man man— Johnnie L. Dixon III (@YoungKing_JD5) November 29, 2015 With Oklahoma, Iowa, Michigan State, Alabama and Clemson all winning this weekend, Ohio State needs some chaos next week to sneak into the CFP. But today proved the Buckeyes can be a dangerous team if they get there.last_img read more

Expect stationery biz to get back to double digit growth from Dec

first_imgNew Delhi: Diversified ITC expects its stationery business to get back to double digit growth from December after dropping to single digit in the last six months due to economic slowdown and floods affecting sales, according to a senior company official. The company, which sells stationery primarily through its Rs 1,500-crore Classmate brand, is focussing on innovation of new products to push sales and tide over the current slowdown and overcome challenges during the off-season period from July to October. Also Read – Thermal coal import may surpass 200 MT this fiscal”The segment is not insulated from economic slowdown. There is primarily downtrading and postponement of purchases. In the last six months, in the context of the economy, we have grown in high single digit. It is not in double digits anymore,” ITC Ltd Chief Executive, Education and Stationary Products Business Division, Shailendra Tyagi said. Usually, he said, “When school sessions starts, students buy in bulks. What we are seeing is postponement in such purchases now”. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostAlso, when slowdown happens what gets hit is the rough notebooks which are used for tuitions or and other rough work, he said. Tyagi said due to floods in many parts of the country, which had forced closure of schools, sales were impacted as well but once the situation gets normal and schools reopen, sales will pick up. Expressing optimism of getting back to double digit growth, he said, “In the last six months, growth had come down for various reasons but by Decmber we should go back to double digits. The season for stationery starts from December (with the beginning of school sessions in different states). We are anticipating we should be able to grow back to double digits”. He said ITC is also focusing on product innovations to drive the growth. “When the industry is growing, you grow anyway. If we have accelerate further we have to take the route of product innovation so that what we bring to the table is differentiated,” Tyagi said. Recently, the company had launched its Classmate Pulse 3D Notebook, which provides “an immersive experience” through a 3-dimensional cover, enabled through a lenticular board. It had also introduced Classmate Pulse interchangeable notebooks, offering students the option to repeatedly change covers of the notebook and have a different cover whenever desired. The company had also brought the Classmate Pulse Selfie notebooks, allowing personalisation of notebooks with a selfie on the cover.last_img read more

No mega consolidation of power PSUs Govt

first_imgNew Delhi: Power Minister R K Singh Thursday ruled out consolidating all state-owned power sector firms like NTPC, NHPC, SJVNL and PFC into a single entity, saying it would be the biggest company of the world but will not be manageable. However, the minister said discussions are on regarding merger of some companies under the Power Ministry. The issue of consolidation in the power sector gained prominence after the government recently approved REC’s takeover by the Power Finance Corporation (PFC). Also Read – Maruti cuts production for 8th straight month in Sep”If it (consolidation of all power sector PSUs) does happen, (then) it will be the biggest company of the world. “But we have to think about whether it will manageable in the sense that you need managerial focus also and if it become too big and too diverse, it is matter of management control,” Singh said at a press conference. He was replying to a question on whether such a consolidation can happen in the power sector to improve efficiency. When asked about mergers of some power sector PSUs, he said, “Discussions are happening of and on.” Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to CustomsIn December 2018, the Cabinet Committee on Economic Affairs approved the sale of the government’s 52.63 per cent stake in REC to PFC. The two state-owned firms are non-banking finance companies which fund power sector projects. The government is expected to garner around Rs 15,000 crore from this merger. Another proposal for SJVNL’s takeover by state-run power giant NTPC is also under consideration of the government. Industry experts said consolidation of firms in the same sector brings efficiency but one has to see that whether it leads to monopoly and also whether the mega entities would be manageable. Earlier last year, the government had approved dilution of its 51.11 per cent stake in Hindustan Petroleum Corporation Ltd (HPCL) in favour of ONGC in the oil and gas sector.last_img read more

Do Toothless Offenses Like The Bengals Ever Recover

1973OAK22.914.024.426.1-1.7 2006OAK10.53.011.618.1-6.5 2000DET19.214.519.920.1-0.2 2001SEA20.06.022.021.1+0.9 All is not lost here for the Bengals. Eight of those teams that didn’t score an offensive touchdown in their first two games actually went on to score more on average in their remaining games than they did in the previous year. But all of these gains were modest, in many cases less than a point. The biggest rebounders were the 1990 Pittsburgh Steelers, who averaged 16.6 points in 1989, failed to score an offensive TD in Weeks 1 and 2, and then averaged 19.3 points for the rest of the year. The news is less rosy when you look at three most recent examples: The 2016 L.A. Rams, the 2006 Oakland Raiders and the 2006 Tampa Bay Bucs. The inauspicious starts for these three were a dark omen for what was to come. The trio combined to go 10-38.The hope of modest gains isn’t much for Bengals fans to cling to. This team was expecting its offense, which ranked 24th in the NFL last year, to get much better — not to plateau or fall off a cliff. Since history tells us to expect that teams in the Bengals’ position will score an average of three fewer points per game than they did in the previous season, and Cincinnati scored 20.3 points per game last year, we’d expect the team to post about 17 points per game in 2017. In the 16-game era,1Not counting 1982 and 1987 seasons, which were shortened by strikes. teams that average between 16 and 18 points per game are 871-1,635-6 for a .348 winning percentage that translates to between five and six projected wins this year for the Bengals.Of course, the Bengals could have just run into hot defenses in their first two games, against the Baltimore Ravens and Houston Texans. But even the great 1985 Bears gave up 22 offensive touchdowns that season, or 1.4 per game. Getting shut out from paydirt in two straight games is epic futility no matter who you’re facing. Cincinnati might pin Week 2’s offensive fiasco on the fact that is was playing a Thursday night game on short rest, but that likely had no effect given that in games through Week 2 since 2014, teams have actually averaged more points per game on Thursdays (23.3) than in the season as a whole (22.6).Some expressed worries that the Bengals’ attack would suffer after the team let 35-year-old Pro Bowl tackle Andrew Whitworth leave for the Rams in free agency, but the Bengals attempted to compensate for the loss by picking up even more skill players in the draft. Owner Mike Brown and head coach Marvin Lewis selected world-class sprinter John Ross to be a game-changing deep threat with the ninth overall pick. And in the second round, the club added 226-pound running back Joe Mixon, who ran a 4.5 40-yard-dash at his Pro Day.And those players were added to a mix that already included three-time Pro Bowl quarterback Andy Dalton, perennial Pro Bowl wideout A.J. Green and one of the league’s most efficient scorers in tight end Tyler Eifert, who since 2000 has the third most touchdowns per catch (minimum 20 touchdowns) among tight ends. The team has 11 offensive players who are home-grown first- or second-round draft picks.All of which makes the offense’s ineptitude even more perplexing. Which explains why the team took drastic measures: This is the first time in the Bengals’ 50-year history, all of which has been spent under the guidance of the Brown family, that an offensive coordinator has been fired during the season.But the bigger issue may be Dalton, who currently ranks last in the NFL in QBR with a rating of just 10. The league average QBR through Week 2 is 49; last year, Dalton’s was 52.3. There have even been rumblings about benching Dalton, including from a former NFL Executive of the Year.Either way, Cincy has no excuses this week — at least, that is, no excuses for not scoring a touchdown. The Bengals are in Green Bay facing a Packer defense that ranks 25th in yards allowed per play through Week 2 after finishing 28th in 2016.But perhaps the Bengals can look to one of their NFC counterparts for offensive inspiration. The Bengals were the 24th team to go through their first two games without scoring an offensive TD, but the 25th team, this year’s San Francisco 49ers, joined the club just a few days later. After a fortnight of grim, incompetent offense, Brian Hoyer and the Niners exploded for five touchdowns and 39 points in Thursday night’s loss to the Rams.Then again, when it’s only Week 3 and you are already trying to emulate the feats of the Niners, something has gone terribly wrong. 1988CLE19.04.521.126.0-4.9 YEARTEAMFULL YEARGAMES 1-2REST OF YEARPRIOR YEARDIFF AVERAGE POINTS PER GAME 2004TAM18.88.020.318.8+1.5 Teams that started like the Bengals didn’t rebound wellHow the 22 past teams that didn’t score an offensive touchdown in Weeks 1 and 2 fared over the rest of the season, compared to the season prior 2006TAM13.21.514.918.8-3.9 1978BAL14.90.017.021.1-4.1 1990PIT18.311.519.316.6+2.7 2001WAS16.01.518.117.6+0.5 1996TAM13.84.515.114.9+0.2 Excluding the 1976 Tampa Bay team, which was in its first year as a franchiseSource: Pro-Football-Reference.com 1985BUF12.56.013.415.6-2.2 1977TAM7.43.08.18.9-0.8 1985PHI17.93.020.017.4+2.6 1970NOR12.31.514.122.2-8.1 1982KAN19.614.021.221.4-0.2 1977BUF11.43.012.817.5-4.7 1975NOR11.81.513.511.9+1.6 1974PHI17.38.018.922.1-3.3 1990NOR17.17.518.518.8-0.3 The Bengals entered this year as playoff contenders with a retooled offense that was considered one of the fastest units in the NFL. But two games into the season, they’ve kicked three field goals. And that’s it, that’s all the points the team has scored. Cincinnati’s inability to score a touchdown in its first two games (both losses) has led to the quick dismissal of offensive coordinator Ken Zampese in his 15th season with the team.It may not sound like that big a deal to be held without a touchdown for the first two games of the season, but going back to 1970, this has only happened 15 times prior to 2017. Another eight teams registered only a return touchdown, failing to score with their offense.The 23 teams that got left at the starting gate should not give Bengals fans much confidence in this year’s unit. These offenses would go on to average 17 points per game for the remainder of the season. If you include the two clunkers each team had in Weeks 1 and 2, the group finished the season with a paltry 15.6 points per game. When compared to their previous season’s scoring output, teams — not counting the 1976 Tampa Bay Buccaneers, who were an expansion team and so did not have a previous season — declined by an average of three points. 2016LAR14.04.515.417.5-2.1 1997IND19.68.021.319.8+1.5 read more

Buckeyes rely on goalie play to snap skid

The Ohio State men’s soccer team has had success thanks to great play from its goalkeepers, especially from redshirt freshman Matt Lampson.“He has been playing very well lately,” coach John Bluem said. “I think Matt has taken the position now, it’s going to be his and he is going to try and hold onto it.”The freshman stepped up early in the season and helped guide OSU to its best start in school history.A week ago, the Big Ten named Lampson the conference’s defensive player of the week because of his stellar play against Michigan State.On the season Lampson has three shutouts and .93 goals against average.But Lampson is not the only goalkeeper OSU has on its roster, and Bluem is confident in every one of the young keepers. The Buckeyes have three solid goalies who could potentially take the starting job.Other then Lampson, the Buckeyes have redshirt sophomore Ryan Dalton, who has been seeing more and more play time because of his solid play.OSU also has a true freshman in Alex Wimmer, who is ready to go when his number is called. Had Wimmer not been injured at the beginning of the season, he would have challenged for the starting spot.Coming into the season, Bluem worried his team might be inexperienced at goalie.“No worries anymore,” Bluem said. “Wimmer is ready to go if we need him, Dalton has played really well in the times we used him and Lampson is in really good form right now. I am very pleased at the way they have been playing.”The Buckeyes, however, are in the middle of a tough stretch of games.The team has lost its last two games, 3-0 to Akron and 1-0 to Northwestern. After the Northwestern loss, Bluem questioned the team’s level of effort.“It’s a tough stretch. Hopefully we can address some things and come out with a more intense effort,” Bluem said.With a full schedule ahead, the team wants get back on the field quickly and perform better. OSU is hoping that is the case when they face Cleveland State on Friday.Cleveland State (3-4-3) comes into the game struggling on offense, scoring only one goal in its last three games.But with 11 seniors and the entire defense returning, the Buckeyes will have to be ready.Friday’s match will be played at 5 p.m. at Jesse Owens Memorial Stadium. read more

Police review surveillance video in Carlos Hyde alleged assault case

Lantern file photoThe Columbus Division of Police have obtained surveillance video of an alleged assault of a woman at a Columbus bar Saturday, in which Ohio State football player Carlos Hyde was named as a “person of interest,” Columbus Police Sgt. Richard Weiner confirmed Wednesday to The Lantern.Weiner said police are reviewing the surveillance video of the incident, which occurred at about 2 a.m. Saturday at the Sugar Bar 2, located at 303 S. Front Street, according to a Columbus Police report.The woman told police she did not know the suspect who allegedly assaulted her but could identify him, according to the report.No charges have been filed against Hyde, but the investigation is still ongoing, Weiner said. Columbus Police have not yet interviewed the woman.According to a Tuesday report from Charles Robinson of Yahoo! Sports, the surveillance video shows Hyde did not appear to make contact with the alleged victim. Weiner did not confirm or deny this information.Hyde has been suspended from all football team activities pending the outcome of student code of conduct and criminal investigations.Hyde, a senior running back, is expected to be a starter for the Buckeyes this season if he is reinstated. He finished second on the Buckeyes with 970 rushing yards last season, and led the team with 16 rushing touchdowns.Hyde was named to the 2013 preseason Doak Walker Award watch list, an award given to the top college football running back. read more

Ohio State defense ready to showcase improved skills against Navy

Then-sophomore linebacker Joshua Perry (37) tackles a player during The Game Nov. 30 at Michigan Stadium. OSU won, 42-41.Credit: Ritika Shah / Lantern TV News directorWith the first game of the 2014 season only days away, the Buckeyes are just recovering from one of the biggest overhauls of the offseason.Not only have they lost senior quarterback Braxton Miller for the year because of a torn labrum in his throwing shoulder, but they’ve also seen a turnover at two defensive coaching positions — former co-defensive coordinator Everett Withers left for the head coaching position at James Madison University and former defensive line coach Mike Vrabel took a job with the Houston Texans as their linebackers coach.Co-defensive coordinator Chris Ash and defensive line coach Larry Johnson were brought in to overhaul a defense that gave up a combined 115 points in its final three games last season, and the players have responded to the new defensive style.Ash was brought in after one season as defensive coordinator at Arkansas while Johnson was a member of the Penn State coaching staff for 18 years before joining Meyer’s crew in Columbus.“I think that the scheme change — playing a more aggressive defense — it’s a little bit easier to grasp and has helped us a lot,” junior linebacker Joshua Perry said.Perry said the new aggressive style of play particularly helps the linebackers better play to their skill sets.“We have got some of those guys who played safety in high school. Kind of the hybrid guys who are a little bit lighter and they can hit which is really important,” Perry said. “We have got some of the other guys like (freshman Raekwon McMillan) and (senior Curtis Grant) and myself, who are a little bit of the bigger guys who can still run and cover.”Junior cornerback Armani Reeves said the new scheme has also helped out a secondary that let up an average of 378 yards passing in its final three games last season.“I am very excited,” Reeves said of the new defense. “Playing bump-and-run and playing physical, being able to use our skills — you got (redshirt-freshman Eli Apple), (redshirt-freshman Gareon Conley), (who are) big long corners, then you got me and (senior Doran Grant) that are really strong and really know how to manhandle the wide receivers.”Coach Urban Meyer said the corner position opposite Doran Grant is still up for grabs heading into the first game against Navy.“The other corner, it’s Eli and Gareon. They haven’t separated themselves yet either, which is a good sign,” Meyer said. “They’ll both play.”Then-sophomore cornerback Armani Reeves prepares for a play during a game against Florida A&M Sept. 21 at Ohio Stadium. OSU won, 76-0.Lantern file photoReeves said while the two young players continue to fight for playing time, they each have distinctive skills.“They both bring a different type of style to their game, but that’s what makes them special,” he said. “Gareon has really fluid hips, and he reads routes really well and Eli is a really strong and physical guy so they both play a little bit different.”The new style of play is set to be tested against an uncommon offensive scheme with Navy, a team that runs a triple-option wishbone look which features the quarterback and wing backs in a run-heavy style offense.While playing against such an unusual offense would normally be a tough challenge, Perry said having the entire offseason to practice for it has helped.“The really good thing for us is we have had all camp to prepare,” Perry said. “Whereas you would come in on a typical game week and you really only have four or five days to prepare.”The attitude and toughness that comes with playing against a U.S. military academy is something the Buckeye defense have also been preparing for, Perry said.“That is something we talked about in meetings today. These guys are guys who are trained to be fearless,” he said. “They are trained to be relentless all the time. We know that we have to go full go the whole game.”The Buckeyes are set to play Navy on Saturday at M&T Bank Stadium in Baltimore. Kickoff is scheduled for noon. read more