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

posted in: General 0

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

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About Michelle Ngubo

I have been working at L2B since March 2014 and my current position is Tenders Africa Deputy HOD and Classy is the best word that describes me.

Mid Year Motivation & Mental Health

posted in: General 0

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 Brooks

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.

Featured Project: Station House

Western Cape – PPA 25249

Description
Construction of a Station House development previously known as “The Fulcrum” on 19 Kloof Road, Sea Point, Cape Town, Western Cape. The development is a 12 storey building comprising of the following amenities: residential apartments, meeting pods, fitness centre, boutique hotel suites, parking / storage, and a Signature Pick ‘N Pay supermarket among other components. The GPS Coordinates are: -33.919038, 18.387203.

 

Status Region
Underway  Green Point, Western Cape
Category Value
Building R 200 Million+
Industry Timing
Hospitality & Leisure, Residential, Retai April 2019 – October 2022 (30 Months)
Sector Class
Private Invited / Negotiated

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About Sasha Anderson

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

Infographic: Tenders

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Are you looking for leads in SA and Africa? View our infographic on Tenders and Subscribe today to take advantage of all the benefits.


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About Sasha Anderson

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

Featured Company: Shisalanga Construction (Pty) Ltd

 

Read about who’s who in the Industry: Since opening as a small asphalt plant in Dundee, KwaZulu-Natal in 1998, Shisalanga Construction (Pty) Ltd has grown from strength to strength, continuously pushing the boundaries of innovation and becoming market-leaders in asphalt and road construction. Part of their portfolio includes the manufacturing and paving of hot mix asphalt, the production of high-quality cold mix asphalt, laying of surface and slurry seals, crack sealing, deep and shallow milling, insitu-stabilising and hydro surface treatment.

Shisalanga Construction

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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!

How to Know if Your Plumbing is Outdated

A decrease in water pressure is an early warning sign of issues with your plumbing. Leaky pipes do not have a lot of warning signs. 

If you notice a decrease in your water pressure, the first thing you should check is whether your water heater is still in good condition.  Slow water pressure can happen when your water heater malfunctions. However, a change in water pressure can also indicate a leaky pipe.  Old pipes can also be a problem because rust builds up over time and clogs the pipes. Leaking pipes are sometimes hard to pick up as they are hidden pipes but one can see if there is a damp spot on walls or ceilings.

Faucets should also be repaired or replaced.  Replacing faucets is a very budget-friendly way to improve your plumbing and it saves on water.

Discoloured water is a huge red flag. The colour of the water can tell you what the issue is. Orange, red or yellow indicates that it is rusty pipes.  Eventually over time corrosion will cause holes in the pipes.  Blue or green water indicates brass or copper in the fittings.  When your water is black it could well possibly be growth and that can be dangerous. 

A clogged drain can end up being a serious problem.  Slow-moving or clogged drains can be poor venting in the pipes.  You would need a professional to inspect the problem and repair them.

Two types of pipes play a role in how long the pipes in your home will last.  Drain pipes and water supply pipes. Supply pipes are under a lot more pressure than other pipes and can cause more damage if they leak. They would be brass, copper or galvanized steel.  The upside is, that they do last longer, from 80 to 100 years. Drain pipes are usually made of PVC and only last from 25 to 40 years.  It’s important to know what types of pipes you have and to keep track of their age.

You can avoid a big mess and save a lot of money in the long run by knowing more about the plumbing.  Knowledge is key!


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About Lorraine Grobler

My journey with L2B started in November 2021 as an Account Coordinator(AC). My main role is to schedule appointments for the Account Executives(AE). I mainly focus on quality appointments rather than quantity.

Featured Tender: Refurbishment of Rapid Sandfilters at Overberg Water WTW

posted in: Featured Tender 0

Western Cape – DTA 916088

Contract Number:

RFPOW-239/2021/22 – Overberg Water

Description:

Overberg Water Board invites tenders for Appointment of the Contractor for the Refurbishment of Rapid Sandfilters at Overberg Water WTW – Duivenhoks Scheme.

Category Industry
Plant & Machinery, Mechanical Water
Region Site Inspection
Western Cape No Details
Closing Date Contract Period
07 June 2022 at 14:00 No Details

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