Featured Tender: Procurement of Sewer Construction Works at Botswana National Youth Council BNYC

Contract Number:

MYSCCS/WORKS/05/2022-2023 – Ministry of Youth, Gender, Sport and Culture Facilities Management Unit

Description:

Tender offers are invited from 100% citizen owned companies for the procurement of sewer construction works at Botswana National Youth Council for Ministry of Youth. Gender. Sport and Culture.

Category Industry
Infrastructure Institutional
Region Site Inspection
Botswana 2022-07-13 02:00 PM
Closing Date Contract Period
29 July 2022 at 10:00 (Local Time) No Details

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L2B Opportunities created in the last 30 Days – June 2022

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Our comprehensive, online, resource platform delivers daily leads to help you make informed business decisions. Find construction Tenders and Projects within the building, infrastructure, mining, and industrial sectors. Opportunities are researched throughout South Africa and Africa. We put new business prospect leads within your reach.

Leads 2 Business Opportunities we have created in the last 30 Days: for more information check out our Pricing Page.


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About Sasha Anderson

Millennial Mom + wife living the hash-tag life. Remember: If You Fail - Fail Forward

Crypto and Construction


Cryptocurrency, also known as Crypto-currency or Crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions.
Cryptocurrencies do not have a central issuing or regulating authority. A decentralized system to record transactions and issue new units is used instead.

The first Cryptocurrency was Bitcoin, which was founded in 2009 and remains the best known today.

Cryptocurrency is a peer-to-peer system that can enable anyone, anywhere, to send and receive payments and does not rely on banks to verify any transactions. Cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer Cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is so-called because it uses encryption to verify transactions and is stored in a digital wallet. Advanced coding is involved in storing and transmitting data from wallets to public ledgers.

So how does it work?

Cryptocurrencies run on a distributed public ledger called Blockchain. This is a record of all transactions updated and held by currency holders. Cryptocurrency units are created through a process called Mining. Mining involves using computer power to solve complicated mathematical problems that generate coins. Users can also buy the currency from brokers, and then store and spend them using the Crypto wallets.

Cryptocurrency is not tangible. You will only own a key that allows you to move a record or unit of measure from one person to another without a third party. It is also considered to be immune from inflation because there is a fixed supply and the Government cannot manipulate the value. The market manipulates the value based on supply and demand.

Are there any benefits of using Cryptocurrency?

Two of the significant benefits of using crypto are that there are fewer fees and the money is available almost instantly. Instead of paying bank fees for electronic transfers or credit card processing, providers pay less than a cent per transaction. Cryptocurrency can also be instantly transferred into cash and deposited into your bank account, cutting down the time it takes to get paid.

For international companies, using Cryptocurrency avoids exchange rate calculations and converting cash into different money types. Vendors will also have more control over their funds as transactions cannot be reversed by the purchaser. If a customer wants to get their money back, they must request it from the vendor. This protects vendors from customers who make purchases and then cancel and do not return the merchandise.

Crypto and Construction?

1. Smart Contracts
Smart contracts are automated contracts that reduce the necessity of intermediaries and can save time and money and are poised to make their mark on the industry. Blockchain is one way that these contracts can be updated and transactions recorded.
2. BIM
Building Information Modeling (BIM) technologies are being implemented on project sites.
When combined, BIM and Blockchain can work greatly to enhance the effectiveness of smart contracts. Combining BIM and Blockchain can work in holding all parties on a project accountable and creating a higher level of transparency. The combination could improve the effectiveness of BIM technology. Currently, BIM uses peer-to-peer networks for information sharing, but Blockchain could make updates in real-time. This constant feedback and monitoring would help with transparency, lead to better overall communication and ultimately result in a higher quality of workmanship on a project.
3. Payments
The Blockchain concept is built around a monetary exchange, as it involves Bitcoin and/or Cryptocurrency.
Blockchain can therefore be used to streamline payment processing. Getting timely payments to all stakeholders on a project tends to be a significant challenge for many companies.
Failure to pay on time can lead to conflict, and when a dispute arises, there is potential for the project to go south as a result. By increasing security and creating traceable information, Blockchain can improve the payment process. One technology poised to play a role is BuilderChain, a platform that’s designed to change the way sub-contractors are both hired and paid. It can better ensure that sub-contractors are paid fast and that relationships with good subcontractors are fostered.
4: Supply Chain Management
Blockchain can help trace physical items from origin to destination.
It can help improve transparency, which can help all parties stay on the same page and avoid potential pitfalls and oversights.
Similarly, Blockchain can help enable contractors to use unique digital identifiers to verify vendors and suppliers, and thereby grow their reputation over time based on how well their work is performed. These digital IDs can help a company verify the credentials of any subcontractors before they are hired.

The Cryptocurrency market is quite volatile, so users should be prepared for ups and downs. Cryptocurrency is relatively young and is considered highly speculative. If you plan to participate, do your research and invest conservatively to start. Do you think Crypto and Construction related applications will be adopted well in Africa?


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About Melanie Miles

One girl who would rather wear boots than high heels...

Staff Spotlight: Nirasha Rampersad

Nirasha Rampersad- doc

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About Nirasha Rampersad

I started working for Leads to Business June 2017 as Support Assistance in L2Q.

Featured Project: Luanda International Airport, Angola

Angola – PPA 21494

Description
Construction of a new international airport on the outskirts of Luanda province in Angola. It will be known as Angola International Airport. Estimated value: US$1.4 billion. GPS coordinates lat: -9.0504977; long: 13.4989698.

 

Status Region
Underway Angola
Category Value
Building R 200 Million+
Industry Timing
Transport Terminal 2008 – 2016 (Extended to 2023)
Sector Class
Public Private Partnership Turnkey


If you are a valued Projects subscriber, you can find more details about this Featured Project here.
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About Melanie Miles

One girl who would rather wear boots than high heels...

How To: Search for Pricing Opportunities

A quick 1m 24s video tutorial from “The How-To Series”

Search for Pricing Opportunities (Projects only) and Price Now Opportunities (Projects & Tenders). For the screen-shot version view Pricing Opportunities Search Filter.

Do you have a ‘How To’ you’d like us to cover? Leave a comment and let us know.

Check out more content here

 


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About Sasha Anderson

Millennial Mom + wife living the hash-tag life. Remember: If You Fail - Fail Forward

Featured Company: netVendor (Pty) Ltd

Read about who’s who in the Industry: netVendor is a tech company specialising in monitoring solutions. With over 50 years’ combined experience in the prepaid industry, netVendor enjoys a National and International footprint in Africa and Australia, specialising in prepaid electricity meters.

NetVendor

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About Wendy De Wet

I joined Leads 2 Business as an Account Executive in July 2011 and was part of the dynamic sales team in JHB for 2 years. I relocated to the beautiful city of Durban in 2013 and absolutely love KZN. I am very proud to be part of the L2B family and Legacy!

Basics of Financial Planning

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What is financial planning? For anyone who needs a quick explanation, they could simply open google and do a quick search. A few line items down, Google would pop something out like: “A step-by-step approach to meet one’s life goals”, or “A comprehensive picture of your current finances”, or my favourite, “Financial planning … it’s unlikely that your financial position will remain the same throughout your life”.  It can all seem a bit confusing, especially to those who might not have a financial background. Simply put, financial planning is comparing your business’s current financial situation to your long term financial goals. This is so vitally important, not just to businesses but to every single individual in their personal capacity as well. Failure to do even a basic financial plan could lead to cash flow problems, failure to meet tax and other compulsory monetary demands, overspending and ultimately failure to reach your business and personal goals. So let us look at what a basic financial plan would entail.

1. Understand your current financial position

This entails making a list of assets, debts, income and expenses. Once your lists are prepared, compare your debts to your assets and your expenses to your income. If your debts are greater than your assets, this means that your assets are insufficient to pay your debts. Should your expenses be greater than your income, this could signify cash flow problems. This overall picture is the foundation you will use to create your financial plan.

2. Set your goals

Once we know what our financial picture looks like, we will set our financial goals. Each person and organisation will have their own unique set of goals based on the specific financial picture. Your goals set should be realistic and should be set for both the long term and short term. Common goals would be to pay off debt, establish an emergency fund, save for retirement and plan for some downtime. Once your goals are established, you would use this in conjunction with your income and expense lists.

3. Develop a plan of action

At this point in your plan, you would know where you are financially and you know what your financial goals are. Some will be fortunate enough to be in a favourable position and could continue on their existing path without making any changes. For others, they would have realised that in order to reach their financial goals, they require a change in lifestyle or outlook. For each financial goal, you would need to think about what it would take to meet that goal. Retirement savings take decades to accumulate. Perhaps you would need to increase your savings category or deposit a lump sum into your retirement plan. For more short term goals it could just entail going through your expenses and cutting down on unnecessary costs. Budgets should be drawn up and all areas of excess spending should be curtailed. If opportunities exist for generating further income, now is the time to put that into action.

4. Review and revise your financial plan

Your financial plan should be reviewed regularly. Our financial position, the economy, the markets – these can and will change over time. In order to stay abreast of our financial situation and goals, we need to keep our financial lists updated regularly. Take time to regularly view your savings and investments to determine if they are on track for your savings goals. As your circumstances change, your financial plan should be updated. Income and expense schedules should be reviewed monthly and assets and debt schedules should be reviewed quarterly. Your personal life will change as your family grows or as you face life challenges. It is absolutely imperative that your regularly update your financial plan to keep it relevant and achievable.

Should you find your business or personal situation overwhelming or need further assistance on how to set up a financial plan, please do make an appointment to see a financial advisor or planner. These professionals will assist with wealth management and can assist with drawing up plans or investment strategies specific to your needs.


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Featured Tender: Rehabilitation Work of the Irrigated Perimeter of Cacala and Korea in Cuanza Norte

Angola – DTA 918828

Contract Number:

C189/CS/CADP-22 – Ministry of Agriculture and Fisheries

Description:

Project Id – P159052: The Government of Angola has received financing from the World Bank and the French Development Agency (AFD) toward the cost of the Commercial Agriculture Development Project (CADP) and intends to apply part of the proceeds toward payments under the contract for the Contractor for the Rehabilitation Work of the Irrigated Perimeter of Cacala and Korea in Cuanza Norte. The Office of Studies, Planning and Statistics (GEPE), of the Ministry of Agriculture and Fisheries (MINAGRIP), invites potential eligible and qualified bidders to submit sealed proposals.

Category Industry
Infrastructure Institutional
Region Site Inspection
Angola 2022-06-22 10:30 AM
Closing Date Contract Period
29 July 2022 at 10:30 (Local Time) No Details

Please visit Leads 2 Business for more information on this Tender Notice.
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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Content Researcher - Africa Department and Classy is the best word that describes me.

Mid Year Motivation & Mental Health

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So, it has been just a little bit over two years since I last wrote a blog about how to stay positive during Lockdown. This will be our 3rd year of the pandemic.  A fact that we can’t ignore. Little did we know what was going to hit us, and how long it was going to last. In a world of not knowing, we all suffered some sort of loss but we can say the last couple of years brought us personal growth, understanding, and hopefully, renewed optimism. To mention a few points, we value our friends and family more, and we adapted to the new normals. There have been new developments in science, such as the COVID-19 vaccines, and we are just about over the 5th wave. Today we can watch sports again and go to church and concerts and so much more. In the work environment, people have been offered opportunities again, and we are all ready and eager to get going.  Even Expos and Trade Shows are coming back, and that gets me all excited!

It all just shows that we are a testament to humanity’s commitment to healing.  That brings me to the topic of Mental Health. It is imperative that we should learn how to take care of ourselves even more, not only physically but mentally as well.  In fact, I think Mental Health should continue to be a priority in the upcoming years, without a healthy mind, you can’t have a healthy body.

What is Mental Health? 

Mental health encompasses emotional, psychological, and social well-being. It influences cognitionperception, and behaviour. It also determines how an individual handles stressinterpersonal relationships, and decision-makingMental health includes subjective well-being, perceived self-efficacyautonomy, competence, intergenerational dependence, and self-actualization of one’s intellectual and emotional potential, among others. 

From the perspectives of positive psychology or holism, mental health may include an individual’s ability to enjoy life and to create a balance between life activities and efforts to achieve psychological resilience. Cultural differences, subjective assessments, and competing professional theories all affect how one defines “mental health”.  Some early signs related to mental health problems are sleep irritation, lack of energy and thinking of harming yourself or others.

Mental Health Tips:

1. Value yourself
Treat yourself with kindness and respect and avoid self-criticism. Make time for your hobbies and favourite projects.

2. Take care of your body
Eat nutritious meals, Exercise, which helps decrease depression and anxiety and improve moods and Get enough sleep.

3. Surround yourself with good people
Make plans with supportive family members and friends or seek out activities where you can meet new people.

4. Give yourself
Volunteer your time and energy to help someone else. You’ll feel good about doing something tangible to help someone in.

5. Learn how to deal with stress
Practice good coping skills, exercise, take a nature walk, play with your pet or try journal writing as a stress reducer. Also, remember to smile and see the humour in life. Research shows that laughter can boost your immune system, ease pain, relax your body and reduce stress.

6. Quiet your mind
Try meditating, relaxation exercises and prayer can improve your state of mind and outlook on life.

7. Set realistic goals
Decide what you want to achieve academically, professionally, and personally, and write down the steps you need to realize your goals. Aim high but be realistic and don’t over-schedule. You’ll enjoy a tremendous sense of accomplishment and self-worth as you progress toward your goal. 

8. Break up the monotony
Although our routines make us more efficient and enhance our feelings of security and safety, a little change of pace can perk up a tedious schedule. Alter your jogging route, plan a road-trip, take a walk in a different park, hang some new pictures, or try a new restaurant.

9. Avoid alcohol and other drugs
Keep alcohol use to a minimum and avoid other drugs. Sometimes people use alcohol and other drugs to “self-medicate” but, alcohol and other drugs only aggravate problems.

10. Get help when you need it
Seeking help is a sign of strength — not a weakness. And it is important to remember that treatment is effective. People who get appropriate care can recover from mental illness and addiction and lead full, rewarding lives.

I’ll leave you with a bit of mid-year inspiration with a quote from Winston Churchill, “Success is not final; failure is not fatal: It is the Courage to Continue that Counts”.

Sources:
Mental health – Wikipedia
Ten Things You Can Do for Your Mental Health | University Health Service (umich.edu)
Mental Health Awareness Month 2022 | South African Government (www.gov.za)


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About Christine Smith

My journey started in 2015 with Leads 2 Business, as an Account Executive, and gradually grown to take the role of being the Client Liaison Officer (CLO) since 2018. Assisting in the delivery of our services and insuring our clients expectations and requirements are exceeded.

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