Beads Magazine (Issue 6)

Page 1

Beads DIVERSELY CONNECTED

www.beadsmag.co.za Oct/Nov 2017 | Issue 6

7

Lessons for a 21st century man from an 18th and 19th century man

LESSONS

Felix Hlophe

Dealing with

from

LADY BOSS South African life expectancy increases but....

Youth Entrepreneurship:

What They Won't Teach You At

varsity

Zungu SANDILE

Oct/Nov 2017

SA R29,00 (VAT incl.)

IS BREAKING EVERY BUSINESS LIMIT MAKING EVERYONE ELSE WONDER WHY THEY ARE NOT


be the obvious choice


the Platinum

Branding Package

Logo Design | 100 Business cards | Electronic Letterhead | Electronic Invoice Electronic Quotation | 10 Business Profiles |Domain Registration 2 page website | 1 Pull-Up Banner @ R4500

Ÿ Ÿ Ÿ Ÿ Ÿ

www.facebook.com/gxmarketing www.gxmarketing.co.za www.instagram.com/gxmarketing www.twitter.com/gxmarketing www.linkedin.com/company/gxmarketing

2 | Oct/Nov | www.beadsmag.co.za


content oct/nov 2017

monthly features 05 07 04 09 41

Dear Editor / Social Editor’s Note Contributors KZN highlights ON THE RISE: Professor Thabo Msibi

features 11 13 15 45

Lessons for 21st century man Dealing with Lady Boss ON THE COVER: Sandile Zungu 7 lessons from funny man Felix Hlophe

health & beauty 31 Health check-ups for men in different ages 33 South Africa life expectancy increases but...

fashion 21 22 23 25 30

Simplicity is classy Its the era of bold and daring Purchase fashion online It’s Bold, It’s Bright African The Duke of Fashion

business & finance 35 9 warning signs: How much is too much debt 37 Trading is not a game of luck 39 Youth Entrepreneur: what they won’t teach you at varsity 43 How to jump start your business 47 The low down on Tourism Grading Council of South Africa star grading

explore 52 The magic of morning game drive Beads is owned and published by Gxabhashe Trading Enterprise cc t/a

CEO: GX Marketing Group Nqobile Nene Content Producer: Xolani Dlamini Fashion Editor: Thembeka Yadah Beauty: Vacant Health: Vacant Photography: SK Photography Production: Bongani Nene Printers: Fishwicks (Durban) Marketing: Zinhle Nkosi (Intern) Designer: GX Marketing Subscription: Livy David Tel: 035 797 3081 Online store: www.beadsmag.co.za Subscriptions, renewal and enquiries email: zinhlem@gxmarketing.co.za Advertising email: hello@beadsconnects.co.za Editorial email: news@gxmarketing.co.za Physical Address Maple Building, ZCBF Community Park Alton, Richards Bay

3 | Oct/Nov | www.beadsmag.co.za


Oct/Nov ‘17 | Contributors |

Beads

Subscribe

KZN’s lifestyle, business & fashion magazine

PRINT |

Sphephelo Khanyile

R157 annual | R14 monthly

fb: Sphephelo Khanyile Inst: Sphephelo Khanyile 0826819360

Be at the forefront. Subscribe now for 6 print issues to be delivered to your mailbox. Don’t wait in any line. Subscription forms available on this magazine and online

“Phe” is the founding member of SK photography. With passion in his heart and an eye for all things beautiful, Sphe is becoming a sor t af ter photographer in KZN, with a string of happy customers and Beads Magazine photographer.

DIGITAL R108 annual / R9 per month

With digital you will never miss a single issue of Beads Magazine. No matter where you are in the Universe as long as there is internet you will have yourself a dose of fashion and business and also connect with the province. So if you live out of KwaZulu Natal, this is your better option. oh and its cheaper!

Shaun Majola fb: Nguni Shades email: shaunmajola@gmail.com Shaun “Dugen” Majola is one of KZN’s celebrate and well established fashion designers. His brand name is Nguni Shades. Shaun has been in different fashion cities of the world and has been mentored and trained by the best in the business. Shaun is responsible for our cover man Sandile Zungu’s look.

Thembeka Yadah fb: @ThembekaYadah tw: @Yadahtc Inst: @Thembekayadah email: thembekayadah@gmail.com Yadah is a graduate of Lindiwe Kuzwayo Academy. She has a ready-to-wear design brand called Yadah Exclusive Designs. Her designs have been on SA’s prestigious runways, she has travelled the world and has won The Canon Gold Cup Designer Competition. Yada is Beads Magazine Fashion Editor.

Calling Contributors

If you are an expert in any subject concerning business, healthy, fashion, finance, tourism, entertainment and lifestyle and have content to share, please send us an email us at hello@beadsconnects.co.za

Never underestimate the power of dreams and the influence of the human spirit. We are all the same in this notion: The potential for greatness lives within each of us. - Wilma Rudolph

For Advertising | Editorial Enquiries | Competitions | Events | Workshop | Subscription Contact: +27(0) 35 797 3081 hello@beadsconnects.co.za

4 | Oct/Nov | www.beadsmag.co.za


Dear Editor - Social MAY/JUNE 2017 | ISSUE 4

We are Inspired

TALK and WIN We have all the platforms ready to get social. Use Facebook, Twitter, Instagram, LinkedIn. A winning letter or comment wins FREE entry to all our 2017/2018 events, including our massive Launch Weekend coming up.

www.facebook.com/ beadsmagazine

.beadsmag.co.za

@BeadsMagazine

www.linkedin.com/ company/beads-magazine

@beads_magazine

Nokuthula Shange (on our cover man) My mentor! Great soul! Bandile Mahlaba Yes! Its absolutely amazing. Great work olwethu_mampofu Well done you guys @Nkanyiso_nqhome bemadesigns_s standing ovation to the wonderful team..Denitely getting a cop miss_memeh @beads_magazine i cant wait

Simpiwe “Sim” Tshabalala Born at KwaHlabisa, KwaZulu Natal North Coast, Simpiwe “Sim” Tshabalala is the first sole black Chief Executive Officer of the Standard Bank Group Limited

If you hang out with chickens, you're going to cluck and if you hang out with eagles, you're going to fly.

Sandi Siphiwe Mbazini (On our cover man) I know this man. One the Billionaires that inspire me

www.beadsconnects.co.za Stay updated. Beads Connects is the online version of Beads Magazine. Giving you updated news about local events, celebrities and lifestyle

5 | Oct/Nov | www.beadsmag.co.za


“

Nothing in this world can take the place of PERSISTENCE. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. PERSISTENCE and determination alone are omnipotent,

“

------ Calvin Coolidge


EDITOR’S

Note

There is nothing wrong with South Africa. There is nothing wrong with our policies and systems but there is everything wrong with us, people living in South Africa. We live in one of the richest countries, in fact, richest continents in the world. We are rich with resources, we work hard cultivating them and just when they are ready for us to benefit from, we give them away. We are rich in culture. We are a dynamic country with nine official languages. Our culture is what makes us beautiful and unique but we gladly trade it for something we would never be. No matter how many shades of bleach I use on my skin, I will forever be African. We blame people for imprisoning our minds but the truth is we imprison our own minds. People fought and died for our right to make choices but we keep making wrong ones. Unfortunately, nobody can correct the wrong because the question would be, who has the right to determine what's right and what's wrong there is no accountability anymore, people do as they please. You can't even save your own generation because the power has been taken from the elders and given to children, children with no life experience. I personally am bothered that my children are growing up in the time when teenagers can get pregnant and people seem not to be bothered at all. In the time when children can talk back to elders backed by the law. Fame can be found in selling nudity. I am deeply bothered. It is my wish that our cover man will inspire you. South African business mogul sure inspired me. I take from him his ability to secrifise not just for himself but for his future generatioin. He makes me question myself and the plan I have for my future. How far does it go, does it include my great grandchildren?

Nqobile

Much as our country is in a turmoil, it's not all bad and gloom but you will have to look hard for the good. The recent Durban floods created an opportunity for unity. We were fighting to stay alive together. You will hear how many people died but you will hardly hear or read about heroic acts done by men and women in our province. I am sorry, I wrote this note on a bad day. But I still believe there is good in us, in fact, there is great in us. It should just start with a “hello” to a stranger at the grocery line or to the gas station attendant. If you don't receive it back so what, you're not dead are you? But if you do receive it back, you have just made a connection and recognized a human being. Goodness starts with one act of random kindness.

Nqobile Nene

“GOODNESS ” starts with one act of random kindness. 7 | Oct/Nov | www.beadsmag.co.za


8 | Oct/Nov | www.beadsmag.co.za


KZN

HIGHLIGHTS......

REED DANCE BOOSTS TOURISM IN KZN Authorities in KwaZulu-Natal say that the annual traditional reed dance ceremony continues to bring tourists to the province and boost economic growth. The Transport Department says that close to 45,000 maidens travelled to Zulu King Goodwill Zwelithini’s palace for the festival which celebrates womanhood and virginity. source: ewn.co.za | phot cred: kznheritage.org

SPHECTACULA & DJ NAVES TAKE ACTION AGAINST RHINO POACHING Popular radio dj's, music producers and businessmen, Sphectacula and Dj Naves have teamed up with Tourism KwaZulu-Natal to highlight rhino poaching. The dj duo took part in a rhino capture exercise, in which an adult rhino is moved from one area of the province to another for safe keeping and to populate its new home. source: ewn.co.za | phot cred: iol.co.za

Mrs Universe nalists turned up the heat in Durban Mrs Universe nalists from around the world turned up the heat in Durbanas they took in the sights and sounds of the city ahead of Mrs Universe World Finals at the Inkosi Alber t Luthuli Inter national Convention Centre. The mums and wives from 86 countries kept to a tight schedule, combining rehearsals and CSI initiatives with ‘’play” time. They visited three schools in the greater Durban area to speak to pupils about the importance of education, went to Phezulu Safari Park, sampled the city’s wide variety of culinary offerings every day, were treated to a fashion evening and soaked up the sun during a First Day of Spring poolside shoot. source & phot cred: risingsunchatsworth.co.za

9 | Oct/Nov | www.beadsmag.co.za


KZN

HIGHLIGHTS......

NEW YORK FILMMAKER TO BUILD FILM STUDIO ON KZN SOUTH COAST PORT Shepstone will soon get its own lm studio as an international producer sets up shop in the “beautiful coastal city”. New York-based lm producer Dexter Davis, who heads D Street Media Group, will break ground on the project, called South Coast Film Studios, next year. Last year Davis was back in the town on a location scout, and that was when the idea for a movie studio came up. While Davis is keeping the costs and the artists’ illustrations of what the studio will look like under wraps, he said it would make a denite impact on the Port Shepstone community. source & phot cred: iol.co.za

KING ZWELITHINI DEMANDS A 100% MATRIC PASS RATE FOR HIS BIRTHDAY Zulu King Goodwill Zwelithini has demanded that the KwaZulu-Natal education department achieve an 80% pass rate in this year's matric exams - and then to honour his 70th birthday next year‚ a 100% pass rate. Zwelithini was addressing more than 700 principals from the Zululand and Amajuba districts in Ulundi on Tuesday in his capacity as patron of education in the province. His new-found status as patron was a result of a meeting he had with KZN education MEC Mthandeni Dlungwane earlier this year‚ during which he was presented with a full report about the province's Matric results. The department has set itself a target of a 76% matric pass rate for this year. But King Zwelithini said there was no reason why the department could not achieve 80%. source & phot cred: timeslive.co.za

GRAND OPENING OF HIGHLY-AWAITED CORNUBIA MALL Excitement lled the air as the doors to the Cornubia Mall, KZN’s brand new shopping and entertainment offering, were ofcially opened on Thursday 28 September. Cornubia Mall’s location is what sets it apart from other malls in the region as it is easily accessible from the from N2 highway, the M41 and Cornubia Boulevard. This 65,000-square metre mall offers a good selection of food, fashion, lifestyle and sports attractions integrated into an outdoor family-oriented shopping experience. source & phot cred: phoenixsun.co.za

10 | Oct/Nov | www.beadsmag.co.za


Feature | BM

Lessons for a 21st century man from an 18th and 19th century man by Nothando Cele

growing up our fathers taught us respect and especially the respect of our elders. As old as I am today I still respect even someone younger than me,” Respect is earned not demanded. It's the things you do that command respect on your behalf. More than respecting other, a man should respect himself. No self-respecting man would ever violate a defenseless woman or a child. A self-respecting man would say “I'm better than that”. A selfrespecting man would never share alcohol with children. No self-respecting man would sleep with a child young enough to be his daughter. No selfrespecting man would have supper without knowledge of his child keeping. Taking Responsibility Majority of the 21st-century African men are absent fathers. They do not know what their children are eating, wearing, what age they are, are they even going to school, or – lord have mercy – don't even know their children's names, they never stuck around long enough. Back in the days, fathers were family orientated. Everything they did was for the betterment of their families. They understood the responsibility that came with name “father”, the responsibility of being a provider and protector. Being Protectors Nowadays 3-month-olds are raped and killed by people old enough to be their father or even their own fathers. Some men are feeding off on others misery, that is why we have an outbreak of “Sugar Daddies”. Men back then played a huge role in raising the community, when other fathers were away for work those around automatically became second fathers, someone whom would lead, guide and protect a child. “I wish fathers of today could be man enough to take responsibility for their families so that we can raise better men for tomorrow. When we were young we were raised by the whole community but men today would actually drink with young ones instead of grooming them to become better men one day,” said elderly man Mr. Ndlovu.

In the olden days, the father's role was clear and unchallenged as a leader and head of the house. The father was the provider and the protector of his home. Even the mother was the “child” in the house this is why everyone at home called the father “Baba”. Young boys and young men looked forward to starting their own families, looking at the respect their fathers commanded and their role and leadership as something to look forward to. But just before they could get to that part of their lives systems changed. That submissive woman disappeared, - unlike his father – he cannot punish his children with a rod or belt because now his children have rights. I believe the 21st-century man is a confused man. The systems of this world have changed, unlike the olden days; women have rights and have become equals. While women are being empowered, cultivated and groomed to be independent, men have not been taught how to deal or coexist with such powerful women. Lack of structure and understanding leads to frustration, frustration leads

to anger, anger leads to headlines of men resorting to abuse. According to the 2013 Statistics SA report, 67% of children are raised by single or stepparents. This means seven out of ten children are either raised by mom only, dad only or step mom or step dad. Majority of these children are raised by single mothers, the fathers are absent. The 21st century man started questioning his role as a man. Adamant that he is the leader but with no knowledge of how to instill his power he resorted to forcing his leadership by enforcing fear and with violence which landed him in jail or, he decided violence was not the answer so he decided to leave. Both these scenarios leave homes with no leaders and children with no father, no guide, no leadership trainer. Most 21st-century men are products of those scenarios. But what can the 21st-century man learn from the 18th and 19th-century men? Self-Respect Simon Ndlovu - an elder - said, “When we were 11 | Oct/Nov | www.beadsmag.co.za

Pride Today's man has become attached to material things. Young men will date older women just so they can get flashy gadgets to show off to their friends in the “hood”. In the olden days, a man had too much pride to be dependent on a woman. You cannot expect a woman who takes care of you because you are lazy to respect you. Culture Today's society and media have reshaped our men, they are now influenced by the media and are doing things done in the west “America”. A 21st-century African man knows little about his culture and tradition whereas back in the olden day's men used to pride themselves with their culture and followed their tradition. It is said you can't choose where you come from but you can choose where you go from there. “Life is about choices you make for yourself, we are the sum of our choices” these are true words by Richards Cooper. Unfortunately, our choices also affect others, so remember it's not always about you. But a responsible man would already know that.


Advert

12 | Oct/Nov | www.beadsmag.co.za


Feature | BM

Dealing with

Lady Boss

Beauty may be dangerous but intelligence is lethal

“

“

photo cred: yvettewohn.com

Working for a woman or female boss is different from working for a male boss. Men often feel intimidated by female bosses because they speak a different language and men often get scared that they might say the wrong thing or say the correct thing in the wrong way. A few qualities that women value as a boss is the ability to listen well, teamwork, communicate well with people. People often misunderstand that working with females will be easy, especially for a female boss. Even workers think that way, they think that they can become

13 | Oct/Nov | www.beadsmag.co.za

buddies with the boss of their own gender- this is an unrealistic expectation and the relationship can never be perfect because of the same gender. The working relations based on such unrealistic expectations don't last long. As per a survey, more than two-thirds of people surveyed prefer having a male boss as compared to onethird who would like to have a female as their boss. So what is it that makes the workers like a male boss more and how to handle a female boss, someone who is not conventional and doesn't follow the set rules of leadership?


Remember that women are comfortable in cooperation Women are much more in networks of involvement and connections. They are not indecisive, it is just that they wish for co-operation and like to consult team members before taking any decision. They want input from all workers and not from anyone. They give chance to all and that should not be taken as their incapability to decide. Don t take her nod for granted assent: While you speak, you must have noticed that your boss nods a lot. Do not take it for her consent. It is just an indication that she is listening to what you are saying. It means she is encouraging you to go on and not her agreement to your words. Often it is seen that women listen more and talk less when in a meeting, it hints that she is taking an account of other's opinions. She wants to weigh all options before she speaks hers. Do not take advantage of that silence or nod as agreement and better be clear before you proceed with your idea. Do not take any talk as a hint: If your female boss talks about a thing that happened at last office party or at the mall when you met her by chance, do not think that she is hinting at something beyond professional talks. It is a very common habit of females to compare and say something related to personal experience and anecdote when they wish to illustrate a point. Do not take it as a matter of the heart. Be conscious. Be careful while opposing: No one likes to be opposed and when it is your female boss, you need to be all the more vigilant. When women are opposed, they tend to get defensive and some take it as a personal attack on their credibility. When opposed, men might see it as a challenge and a sign of respect or equal treatment but it is not the same with women. So, be alert when doing so and be polite and extra careful with the words. Understand what the context is: Women often tend to sympathize and empathize with their co-workers and this can be misinterpreted. Just like mentioned in point no.3, do not misunderstand her, rather understand the context. For example, women often tend to say I'm sorry when they need to express sympathy and people might take it as an apology for wrongdoing. It just indicates that she means to say she understand and not an apology always. Accept the situation: You cannot change the situation; neither can you change your boss. So, you need to learn how to deal with it. You cannot change the way your boss thinks, operates but what you can change is the way you exhibit yourself. Rather than persuading her about your worthiness, show your credibility. Volunteer for hard projects or anything you think will earn you visibility. Credit game: If you think that your boss is playing the credit game and taking it all for herself, you need to be aware. Start the brag campaign. Do not accuse her of taking your due credit, just use clean campaign politics to win a promotion, to inform others of your work. For example, when you have worked on a crucial project, you can document it by sending an email to your boss and mark a copy to her boss or the other senior so that it is to everyone's knowledge that who did the work. If you helped the organization cut costs, state

14 | Oct/Nov | www.beadsmag.co.za

that you feel privileged to have got the opportunity to contribute and in the process list out the ideas given by you. It will work for sure. Let her know that you understand her viewpoint: All of us know that most women have to struggle a lot to reach the level at which they are. There might be a few exceptions but most have had it really tough and had to sacrifice a lot, personally as well. You can use this fact to your advantage. You can sympathize with her periodically and make her realize that you value her hard work. You can say things like "it is a really unjust world for hardworking women that they need to work extra hard to prove their mettle". Expressing such emotions would help you strike the right chord with her and make her feel that you understand her perspective as well. Nurture your way to her good books: This is quite a practical thing to do. Most women have a nurturing side known as maternal instincts. You can make your boss like you by tapping into this side of hers. You can project yourself as someone in need of compassion and make a sweet, puppy face. Never forget to thank her for her emotional support also. Women like to be acknowledged for their emotional strength and do the same to your boss and make your way to her books. Ask for advice: It is not always that you might need her advice but even then, ask for it. Women, naturally have an opinion on all things and asking her for them is a positive thing, in their eyes. This might sound a bit manipulative but it is not and it poses no harms, so don't be guilty of trying this. All women think that they have expert advice on topics like fitness, fashion, health etc. Keep a list of such topics and seek her advice now and then. Just listen and never argue, it shows that you are valuing her opinion and it will help you. Don t interrupt in between: When your boss comes to you for a discussion or for a meeting on important topic and asks for your opinion or help on it, do not interrupt in between. Do not dole advice until she has finished. Interrupting the boss is not good. Women want you to listen patiently, so just do it. Even after following all the above points, you might feel that your queen bee boss is not letting you get ahead or comes in your way, then you can also look for a lateral move in another department for a better boss. Ask for the transfer due to professional reasons and not this reason. You can say its like you have some skills which you are unable to use in your current position and hence would like to move to the other position. Always remember that your boss has the support of the upper management and human resources department. Never think of getting back at your boss, just think of how you can make things better between yourselves. Strike the right balance – close enough to know them and distant enough to be able to leave them. Another reason why most women are difficult bosses is since they have worked hard to attain the current level, they want others to do the same. They do not wish to give an easy way out to others, especially the female subordinates. Just be a little more empathetic and you will build a strong working relationship with her. Best of luck!


as a black first generation

entrepreneur in my family, it is my responsibility

to leave a

legacy by Nqobile Nene

15 | Oct/Nov | www.beadsmag.co.za


sandile

16 | Oct/Nov | www.beadsmag.co.za


On The Cover | BM

I

f you have had the pleasure of meeting Sandile Zungu, Chairperson of ZICO (Zungu Investment Company) you would know he imprints on you. Not only for an incredible mind, a magnetic personality and remarkable success, but he is also a man of style. So it was no surprise for Beads team to be ushered into his beautiful modern Durban home. Sandile credits his late wife Zodwa Zungu for an elegantly styled living room we were welcomed into. The whole house has the feel of warmth and modern elegance with enough light to make you want to stay just a little longer. Sandile's roots are deep in KZN, with a mother from Matigulu and a father from KwaHlabisa, both north of KZN. When the two lovers met in church, they moved to Durban. Zungu was raised by working class, God-fearing parents, with Dad a factory worker, and Mom a nurse. He spent his childhood at Section B, uMlazi, a place he considers his home. Born in 1967, a middle child of three, Sandile's upbringing was somewhat privileged. In the 60s if you had both parents formally employed and moreover, one of them being a nurse, you were considered a privileged child. Sandile recalls people would arrive at his home any time of the day for medical assistance from his mother. “Growing up I used to admire my mother for the respect she commanded in the township. My esteem was high because I was proud to be coming from such a family," he says. It's safe to say Sandile's educational journey from primary school was always going to lead him to greatness. Starting his primary school at Mafukuzela Primary in uMlazi, he moved to a then special school called Mafumbuka. Now, when we say special school we don't mean the one you might be thinking. Mafumbuka then was a school for geniuses. All the gifted top achieving children from local primary schools were sent to Mafumbuka. Zungu was one of those. He recalls that while at Mafumbuka there was a time when they didn't have a Maths teacher so he had to move to Vukuzakhe High School and coming from the disadvantage of not having a Maths teacher for a year in the previous school, meant he had to catch up and work harder, and that he did. He achieved the highest marks, enough to earn himself a scholarship by Shell to study Engineering. As an average African child growing up in the township, he was inspired by only what was around him. Career options he knew were limited to teaching, police or if you do better you would study medicine. His options were limited anyway as his parent, at the time, could not afford to send him to Univesity because his big brother was already at University. He had opted to be a teacher. Proactive a person that he is, he had applied at Amanzimtoti College of Education and was confirmed placement. When Shell offered him this amazing opportunity, he admits he knew nothing about Engineering but that wasn't going to stop him from finding out. Shell offered Zungu an opportunity to study at the University of Cape Town, but he first had to do post matric studies at Hilton College, one of KZN's prominent private high

schools. This was also paid for by Shell. “This is where I got a good sense of what was happening in South Africa. Here I was, coming from the township and I get to this environment that had plenty. Everything was bigger and better. But instead of seeing myself as privileged, I asked myself “what about my people? People from where I come from”. That year just sharpened my consciousness." After that year he indeed went to UCT acquired his Degree in record time. “I became an accidental engineer. Because I was sharp, I believe I could have gone to any faculty and I would have passed” Six years after graduating and having worked for big companies such as Richards Bay Minerals and Engen, Zungu decided Engineering was not for him. He was there, he saw what was happening in the industry but was not inspired. “The test was always in the evening after work. I would be watching the news, the most interesting segment of the news for me was the business news, where they'll be saying inflation is up or inflation is down, I became curious, I wanted to know what that meant. To understand that I decided to register BCom with UNISA, I passed that in record time. After which, in 1995 at the age of 28, I applied for my MBA with UCT. I left a paying job and went to study full time. I am the sort of person who knows how to make a sacrifice to get what I want. I am able to sacrifice time and pleasures to get what I want. I understand that if I want something I have to give something,” Zungu's plan was to change a career within the corporate world and he thought marketing was it because during his employment, he would observe Sales Reps making a lot of money and he thought that's what he wanted. But during this MBA studies, he was persuaded that finance is the way to go. He worked for Merchant Bank for a year in corporate finance. At the end of that year the entrepreneurial bug bit. Sandile had worked, managed and headed a number of big organizations in South Africa. He had made tons of money for them, but time had come. At the age of 30, the moment was upon him to do exactly what he had been doing for those organizations only now he was doing it for himself. That's when ZICO was founded. “When ZICO was just starting up I received many employment offers. This is a critical time in an entrepreneur's life, this is when there is no certainty of success. I was very lucky to have a strong support system in my wife. She believed in me, she was my number one supporter, my number one cheerleader, but also my critic. In those times of confusion and hesitation, its my wife who would say to me “Sandile it took a long time to get here and I know how we rejoiced at you saying yes to running your own company, do you really want to sacrifice your dream?” and with just those words I was able to get back on track and not deferred on my dream. I thus then said to myself yes I'm starting up with ZICO, yes there's no certainty where the money is going to come from, but the question I have to answer was “Do I believe in myself”. Inside each person there are two competing voices, one says go for it, one says don't try. The decider of the one that wins

17 | Oct/Nov | www.beadsmag.co.za


sandile

18 | Oct/Nov | www.beadsmag.co.za


On The Cover | BM

is you”

“Inside each person there are two competing voices, one says go for it, one says don't try. The decider of the one that wins is you”

At the age of 30, Zungu started his first investment company. “In my advantage was the fact that I was young and I had the technical knowledge. I understood how business works. So I didn't have a lot of trial and errors. I have never started a business and failed. This was also because I decided to go on a less risky venture. In a holding company you invest and take a stake in successful companies, hold it for a while and sell it for a profit and create a balance sheet at the center. So by the time I started my own businesses I had a strong balance sheet so if I failed I wouldn't feel the shock too much,” Zungu has been involved in many businesses. Amongst those businesses is a gaming company called Crazy Slots. From small, it is now probably worth about 200 Million Rands. He sold it to a gaming company called Goldrush. They started a company called Qhubeka Forensics doing forensics Investigations. The company now own 96% of Shooter and Shooter Publishing Company. Zungu Investment has just bought an ailing engineering company they've put in money, they've put in people and are turning it around. When in business the view is different than you envisioned. Zungu was not immune to hard business times. Sometime between 2002 and 2008, there was a time when cash flow was tight and in that time the company was using so much money his numbers said at the rate the company was going, in three months' time they would be out of cash. His finance people advised him to close down the business, retrench people and manage the portfolios he had himself. “My response was that the difference between me as an entrepreneur and him as a skilled professional was that I use my gut feeling. It helped that I have the technical skill and I know that my gut feel is not irrational. But when I know I can make it, I listen to that voice that says I can make it” Zungu describes himself as a free-spirited person, a positive person, an optimist always looking at the brighter side of things. He is also driven and chooses not to complain, not because there is nothing to complain about but because he has learned to take charge and limit things to complain about. Sandile says if you are going to succeed, you need to know what you are succeeding in. If you are taking a journey, you need to know where you're going because that would define the steps you take, the pace you take and what you need to carry through your journey. He says Kwa-Zulu Natal has great opportunities still available. It depends on the level one is playing. For those playing at a high level, the question would be why are people not forming partnerships with international partners and set up shop at the Dube Trade Port for export. Why are people not forming consortiums to approach big companies to buy stake? No one is going to call people and say here are opportunities but people must look around them. “Just now the government wants to work with level 1 and 2 BBBEE so why don't you approach companies that are levels above that?” he asks. However, Zungu does acknowledge that access to funds is still an issue as people are sent from pillar to post to access funding. The climate and environment is now less talk or discussion of such issues. “I am not driven by money; I see money as a means to an end, an enabler for good things but not a good thing itself. If money was my driver I would have retired but I am not done. I want my grandchildren to see my picture and find inspiration in many ways. I still want to run the comrades marathon just to inspire them. If you look at international successful enterprises you will recognize that they are generational. I owe it to my future generation to build something they would take over from, especially as a black first generation entrepreneur in my family it is my responsibility to leave a legacy. I am working on it” BM

19 | Oct/Nov | www.beadsmag.co.za


20 | Oct/Nov | www.beadsmag.co.za


Fashion Vision | BM

Simplicity

is classy Its almost the end of the year, and winter is over so remove the layers and keep it simply. You will never go wrong with a simple shirt and plants Gary Player Admiral Men's Golf Shirt - White

Brown Large Capacity Leather Backpack For Men

Ray-Ban RB4279 601/71 Sunglasses

Fossil Grant Mens Watch

Jennings Mens Flat Front Pants 48 Navy

Men PU Short Business Casual Purse Wallet

Skechers Equaliser Mind Game Mens Slip On Walking Shoes

21 | Oct/Nov | www.beadsmag.co.za


Fashion Feature | BM

BOLD &DARING by Thembeka Yada

The 25-year-old Nevadh Vandayar hold plenty titles including 2012 Ushaka Body artist of the year, 2014 & 2015 Vodacom Durban July Menswear fashion designer of the year. He is an Artist and graphic/fashion designer. This eye candy – do we still say that? – has the flair, the passion and – judging by this titles – he also has an eye for all things beautiful and stylish. So are getting up close, don't mind if we do wink wink....

22 | Oct/Nov | www.beadsmag.co.za


Fashion Feature | BM

purchase FASHION

online 23 | Oct/Nov | www.beadsmag.co.za


1. The broadest gathering Shopping online gives an upper hand in that you get items that have never been seen on the oors. More and more designers are moving the online route to cut the cost of producing something no one would ever wear. So you are likely to be the only person seen wearing your beautiful shirt.

2. Shop from home or office at your own time We are all busy, and really have no time to be shop hopping. We did that when were eighteen and it was fun but nowadays its just a waste of time. Online buying allows you to shop from home or ofce at your own time, the stores are open 24/7, so you don't have to miss anything while shopping. An extreme advantage is there is no reason to move a muscle, everything is only a click away. The most you’ll need to do is to go after your credit/debit card to pay the bills.

Africa is a rich mainland loaded with legitimacy in nature which mirrors our dress and fabric. With each bit of fabric, its creativity conveys a story that reects the recollections of its kin which Africans take pride in. A noteworthy case is the conventional Ghanaian Kente material which has a mix of lively hues deliberately organized as a tedious example over the yard. This fabric is just worn amid unique events, for instance, weddings, birthdays or engagements. The substance of innovation is changing, would we be able to get to the web as well as buy things on the inter net. What’s more, in this advancement, African design has paced onto that phase where our items can be gotten to and picked online!

3. Its money saving on hidden costs There are a lot of hidden costs when you're going shopping. There is fuel. There is the parking fee. There is that guy calling "woza, woza, woza" behind you when you leave.... whom you did not even see where they came from. You walk into the shop to buy a belt worth R250, with it in hand you see a pair of pants that would look so good with the belt, you pick them up, on your way to the cashier you realise you don't have a shirt to wear with those pants, and then a shoe and then a pair of glasses. By the time you leave the store you have spent R2500. On your way out you remember you left your son at home, they'll probably want some sweets, so you walk into a supermarket and just like that, you've just opened a can of worms. Had you stayed at home and shopped online you wouldn't have spent money you didn't budget for.

24 | Oct/Nov | www.beadsmag.co.za


Fashion | BM

Just as time has passed to search for your uniqueness in department stores, the time has passed for waiting for special occasions to rock African prints, man or woman. Feature it in your everyday style Feature Editor: Thembeka Yada | Photos by SK Photographers + AIM Media | Designer: Duke Mngadi | Model: Thembinkosi Thwala (Mondli - uZalo)

25 | Oct/Nov | www.beadsmag.co.za


It’sBOLD It’s BRIGHT

African fashion

26 | Oct/Nov | www.beadsmag.co.za


Fashion | BM

fashion

27 | Oct/Nov | www.beadsmag.co.za


Fashion | BM

fashion

28 | Oct/Nov | www.beadsmag.co.za


Fashion | BM

29 | Oct/Nov | www.beadsmag.co.za


About the Designer | BM

DUKE of

The

Fashion

Durban based Duke 'Clothe your Soul', was established by Umlazi born Sandile Duke Mngadi. Duke's journey has been one every entrepreneur goes through, the ups and downs of mixing business with passion. But now Duke is one of the most recognized designers in KZN and South Africa fashion cycles. "The personal definition of my style is AFROFUNK, a fusion of African elements and Western culture. Duke 'Clothe Your Soul' focuses on ready-to-wear clothing, from street to executive wear with a sense of design. The brand, 'Duke', is taken from my second name, and motto; 'Clothe Your Soul' is taken from feeling good from the love of fashion. As a brand, we believe if you feel good from within, it is reflected on the outside. So, 'Clothe Your Soul' and you will feel good,” says Duke. The range of clothing caters for the young at heart,fashionable and trendy people in every race, gender, culture, and religion. We also produce clothes for any age group.

“We believe that every walk-in client should leave the studio looking like The Duke or The Duchess, with a sense of individuality.” Achievements The Brand has been invited to showcase on a number of world-class platforms such as MTN's Durban Fashion Week '08, East Meets West Fashion, Fashion By The Sea, Durban Fashion Fair, Vodacom Durban July, Cape Town J&B Met, David Tlale's KZN Fashion Extravaganza, to name the few… Duke has been also privileged to have been chosen as one of the winners of two Wo r l d C l a s s Fa s h i o n I n t e r n s h i p Programmes, which are David Tlale's The Intern Programme in 2013 alongside with 5 other young designers and Milan Fashion Internship Programme in 2011. His most recent achievement being the 2013 winner of The David Tlale's The Intern alongside with Ruth Rankin.

30 | Oct/Nov | www.beadsmag.co.za

Contacts Name: Sandile Duke Mngadi Brand name: Duke “Clothe Your Soul” Contact number: 072 431 0850 Inst: @duke_clothe_your_soul Twitter: @SandileDuke Facebook: Sandile Duke Mngadi


Health | BM

Health

CHECK-UPS

for men in different ages

CHANCES ARE YOU get your car tuned regularly, never skip an oil change, and keep it buffed and polished till it sparkles. But are you taking such good care of yourself? "Our busy lives and work schedules often prevent us from seeking routine preventive care," says Robert W. Brenner, MD, Chief Medical Officer and Founder of the Preventive Medicine Program. "But evidence-based preventive medicine is cost-effective and reduces the risk of illness and disease.” "Cars get routine check-ups. So do planes," adds Daniel Cosgrove, MD, Medical Director of the WellMax Center. "But for our bodies, the most precious thing we have, we wait for symptoms. And unfortunately, most diseases are far advanced by the time one gets symptoms.” Based on your individual health conditions, your doctor will determine which tests you should have, and how often to have them, but in general, the medical exams suggested below will help keep you a finely-tuned machine throughout your life.

31 | Oct/Nov | www.beadsmag.co.za


In Your 30s Ÿ Ÿ Ÿ Ÿ

Ÿ

In Your 20s Ÿ

Ÿ Ÿ Ÿ

Ÿ

Ÿ Ÿ

Annual physical exam by your primary care physician, including blood pressure, and height/weight checks Screening for testicular cancer, including monthly self-exams Cholesterol testing every 5 years Depending on your individual circumstances, your doctor may want to do an electrocardiogram to check for heart disease, and blood tests to screen for diabetes, thyroid disease, liver problems, and anemia Depending on risk factors, your doctor may also recommend screening for skin cancer, oral cancer, sexually transmitted diseases, HIV infection, and alcohol abuse Vision examination Screening for coronary heart disease in individuals with strong family history and/or risk factors

Annual physical exam by your primary care physician, including blood pressure, and height/weight checks Screening for testicular cancer, including monthly self-exams Cholesterol testing every 5 years Depending on your individual circumstances, your doctor may want to do an electrocardiogram to check for heart disease, and blood tests to screen for diabetes, thyroid disease, liver problems, and anemia · Depending on risk factors, your doctor may also recommend screening for skin cancer, sexually transmitted diseases, HIV infection, and alcohol abuse

In Your 50s Ÿ

Ÿ Ÿ Ÿ Ÿ

Ÿ Ÿ Ÿ Ÿ Ÿ

In Your 40s Ÿ

Ÿ Ÿ Ÿ

Ÿ Ÿ Ÿ

Ÿ Ÿ

Annual physical exam by your primary care physician, including blood pressure, and height/weight checks Screening for testicular cancer, including monthly self exams Cholesterol testing every 5 years Depending on your individual circumstances, your doctor may want to do an electrocardiogram to check for heart disease, and blood tests to screen for thyroid disease, liver problems, and anemia Screening for prostate cancer Diabetes screening every 3 years over the age of 45 Depending on risk factors, your doctor may also recommend screening for skin cancer, oral cancer, sexually transmitted diseases, and alcohol abuse Vision examination Screening for coronary heart disease in individuals with strong family history and/or risk factors

Ÿ

Ÿ

32 | Oct/Nov | www.beadsmag.co.za

Annual physical exam by your primary care physician, including blood pressure, and height/weight checks Screening for testicular cancer, including monthly self exams Cholesterol testing every 5 years Annual screening for Type II diabetes Depending on risk factors, your doctor may recommend screening for skin cancer, oral cancer, lung cancer, sexually transmitted diseases, and alcohol abuse Screening for lipid disorders Annual electrocardiogram Vision and hearing examinations Screening for prostate cancer Screening for colon cancer with fecal occult blood testing, sigmoidoscopy, or colonoscopy at age 50 Screening for coronary heart disease in individuals with strong family history and/or risk factors Screening for depression


Health | BM

South African life expectancy increases but....

HIV, road injuries, and violence take a deadly toll by Meropa Communications

Annual Global Burden of Disease study – world's largest scientic collaboration on population health — reveals new trends in illnesses, deaths, and risk factors leading to poor health

L

ife expectancy is growing in South Africa but the country continues to struggle with communicable diseases like HIV, as well as road injuries and violence that kill many young South Africans.

Ÿ

Ÿ

Globally, countries have saved more lives over the past decade, especially among children under age 5, but persistent health problems, such as obesity, conict, and mental illness, comprise a “triad of troubles,” and prevent people from living long, healthy lives, according to a new scientic study. “Life expectancy in South Africa is rapidly increasing, but that doesn't mean we're enjoying healthier lives. Communicable diseases like HIV, car accidents, and waves of violence are taking the lives of far too many South Africans, especially young people. South Africa is one of the few countries in the world where the number of healthy years that men and women can expect to live has fallen over the past 25 years. We have a lot of work to do,” said Professor Charles Shey Wiysonge, Director of Cochrane South Africa and a co-author of the study. This year's version of the annual Global Burden of Disease Study (GBD) is composed of ve peer-reviewed papers, and was published in the international medical journal, The Lancet. The ve papers provide in-depth analyses of life expectancy and mortality, causes of death, overall disease burden, years lived with disability, and risk factors that lead to health loss. The study's main ndings for South Africa include: Ÿ A South African man born in 2016 can expect to live 59.2 years, an increase in life expectancy of 9.5 years over the past decade. A woman has a life expectancy of 65.5 years, up 13.2 years from 2006.

Ÿ

Ÿ

But illness and injuries take away years of healthy life. A South African man born in 2016 will live approximately 51.5 years in good health; a woman only 56.1 years. South Africa is one of only a handful of countries where healthy life expectancy decreased from 1990, when it was 53 years for men and 58.6 for women. The top ve causes of premature death in South Africa are HIV, lower respiratory infection, road injuries, interpersonal violence, and tuberculosis. The ailments that cause illness can be very different. While HIV is also the number one cause of disability in South Africa, other top causes of non-fatal illness are back pain, hearing loss, and depression. Deaths of children under 5 are a persistent health challenge. For every 1,000 live births, 43.4 South Africa children under the age of 5 die. That exceeds the global gure of 38.4, but is lower than in other southern African countries like Zimbabwe and Lesotho. South Africa has one of the greatest misalignments in the world between development and health progress. It is one of ve countries where actual health burden rates far exceed what one would expect based on its income and education levels, plus fertility rates. Moreover, in 2016, for the rst time in modern history, fewer than 5 million children under age 5 died in one year globally, as compared to 1990 when 11 million died.

Researchers attribute this global health landmark to improvements in increased educational levels of mothers, rising per capita incomes, declining levels of fertility, increased vaccination programs, mass distribution of insecticide-treated bed nets, improved water and sanitation, and a wide array of other health programs funded by development funding for health.

33 | Oct/Nov | www.beadsmag.co.za


“Death is a powerful motivator, both for individuals and for countries, to address diseases that have been killing us at high rates,” said Dr. Christopher Murray, Director of the Institute for Health Metrics and Evaluation (IHME) at the University of Washington. “But, we're been much less motivated to address issues leading to illnesses. A 'triad of troubles' – obesity, conict, and mental illness, including substance use disorders – poses a stubborn and persistent barrier to active and vigorous lifestyles.” Despite progress on reducing deaths, this “triad of troubles” – obesity, conict, and mental illness, including substance use disorders – is preventing further progress. Ÿ One of the most alarming risks in the GBD is excess body weight. The rate of illness related to people being too heavy is rising quickly, and the disease burden can be found in all sociodemographic levels. High body mass index (BMI) is the fourth largest contributor to the loss of healthy life, after high blood pressure, smoking, and high blood sugar. Ÿ Deaths over the past decade due to conict and terrorism more than doubled. Recent conicts, such as those in Syria, Yemen, South Sudan, and Libya, are major public health threats, both in regard to casualties and because they lead to long-term p h y s i c a l a n d m e n t a l consequences. Ÿ Mental illness and substance use disorders continued to contribute substantially to the loss of healthy life in 2016, affecting all countries regardless of their socioeconomic status. Treatment rates for mental and substance use disorders remain low. Even in high-income countries where treatment coverage has increased, the prevalence of the most common disorders has not changed.

and over time. It draws on the work of over 2,500 collaborators from more than 130 countries and territories. IHME coordinates the study. This year, more than 13 billion data points are included; the papers comprise a complete edition of The Lancet. This year's GBD improves upon the previous annual update through new data, improvements in methodology, and a measure for tracking completeness of vital registration information. The study's other ndings include: Poor diet is associated with 1 in 5 deaths globally. Ÿ Non-communicable diseases were responsible for 72% of all deaths worldwide in 2016, in contrast to 58% in 1990. Within the past decade, diabetes rose in rank order from 17th to 9th leading cause of death in lowmiddle income countries. Ÿ Tobacco is linked to 7.1 million Ÿ

The GBD is the largest and most comprehensive epidemiological effort to quantify health loss across places

34 | Oct/Nov | www.beadsmag.co.za

Ÿ

Ÿ

deaths, and in more than 100 countries, smoking was among the leading risk factors for loss of healthy life. The leading causes of premature death globally included: ischemic heart disease, stroke, lower respiratory infections, diarrhearelated diseases, and road injuries. Ischemic heart disease was the leading cause of premature death for men in 113 countries and for women in 97 countries. Only four of the leading 20 causes of disability in 2016 – stroke, COPD, diabetes, and falls –were also leading causes of death.

In addition, the top conditions in 2016 that made people sick, but were not necessarily fatal were: low back pain, migraine headaches, hearing loss, irondeciency anemia, and major depressive disorders


Finance | BM

9

warning

SIGNS

How Much Is Too Much Debt? When do you know you're in trouble?

m

ost South Africans carry some amount of debt — often a lot of it. Getting into debt is easy, but realizing you've taken it too far takes courage and strength. Many of us might juggle a mortgage, car payment, and student loans without feeling overwhelmed. But if you've ever struggled with a crushing amount of debt, you know the sinking, desperate feeling that follows you wherever you go. You know what it's like to wonder how you got in this position — and how it feels to worry that you'll never dig your way out. Some people don't realize they have too much debt until they actually reach rock bottom, or until their everyday lives become impossible.

35 | Oct/Nov | www.beadsmag.co.za


1. You're Adding to Your Balances Every Month . When you're not tracking your spending or watching those credit card balances closely, “adding to the pile” is easy to do. The key to turning this situation around is simply recognizing that your balances were growing in the first place. It may be hard to notice that trend at first when you're not tracking your finances carefully and have always been fine. But once you start tracking your spending, you will be able to make big changes and pay off your debts over time. 2.

6. Your Net Worth Is Less Than Zero Have you ever checked your net worth on a site like http://www.catalystmag.co.za? If you haven't, it's worth exploring (especially since it's free). By deducting your liabilities from your assets, sites like this show your true wealth. But what if your net worth is negative — if your true wealth is less than nothing?

8. When Your Credit Score Starts to Suffer A good credit score is essential if you ever want to buy a house, take out a car loan, or borrow money to start a business. Unfortunately, your credit can suffer if you owe too much money in relation to your credit limits. Ever get those smses that tell you have been pre-qualified for a loan and you excitedly - with hope - call and your dreams are dashed when you are told your credit score is bad…. Yes, those ones are a sign you are in serious trouble.

You're Living Paycheck to Paycheck

Watch it when you start living too close to the cuff. When you start looking forward to payday so you can make minimum credit card payments to avoid the Credit Bureau and then use that available credit to but food…you're in trouble my friend. 3. When You Partner Up and Realize You Have Double the Debt Getting married is a joyous occasion, but what happens when you realize your spouse has just as much debt as you do? It's important to consider this and understand it before you say “I Do” many marriages have been broken because of this mistake. Don't be too much in love and avoid talking about the money issue. 4. Your Debt Payments Cost More Than Your Home If your debt payments cost more than your rent or mortgage, you know it's time to make a change. 5. When Debt Stands Between You and Your Dreams If you have a lot of debt, you may be left with few choices when it comes to your career. With huge monthly payments to service, you may not be able to take your dream job, start a new business, or live the life you truly want to live.

What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? - Adam Smith

7. You Add it All Up, and Can't Believe What You See You've probably read plenty articles like this before, or you stopped reading in the middle because it became too real and hit you in all the spots that make you realize that you are in debt. Here is the truth, avoiding it will not take the reality away. So do yourself a favor; sit down and count. If what you see makes want to curl up and die, don't, do something about it.

36 | Oct/Nov | www.beadsmag.co.za

9. You can't afford an emergency fund One should always have this fund, especially if you have children. This is planning for unexpected events that may need you to pay some money. If you know you should but you can't afford even R500 for emergency.. my brother or my sister you dear, are in trouble.


Finance | BM

TRADING is not a game of LUCK Part 1

Researching and Choosing Stock

37 | Oct/Nov | www.beadsmag.co.za


You know possibly know more than one person who lost money with online trading. But you also know a few driving fancy cars living in lavish homes and popping champaigns for supper because of online trading. Those are the ones you look up to, so you think to yourself why not take a chance you might be lucky. If luck is all you are betting on, then you are out of luck. To some experienced traders, buying and selling stock on the Internet is a cakewalk. But for beginners, trading stocks online is a total mystery. The emergence of online brokerage accounts and software tools for the stock market has made online stock trading simpler, but it has also led to some complexities and some liabilities for the home trader. In this four part article we are going to share some simple steps to help novice investors trade stocks online. 1. Perform a technical analysis. Technical analysis is an attempt to understand market psychology or, in other words, what investors - as a whole - feel about a company as reflected in the stock price. Technical analysts are normally short-term holders, concerned about the timing of their buys and sells. If you can detect a pattern, you might be able to predict when stock prices will fall and drop. This can inform you about when to purchase or sell certain stocks. 2. Identify patterns. Patterns identified in a technical analysis include identifiable price boundaries in the market price of a stock. The high boundary, which the stock rarely surpasses, is known as the "resistance." The low boundary, which the stock rarely dips below, is called "support." Identifying these levels can let a trader know when to buy (at resistance) and when to sell (at support). Ÿ Some specific patterns are also detectable in stock charts. The most common one is known as "head and shoulders." This is a peak price then drop, followed by a taller peak then drop, and finally followed by a peak similar in height to the first. This pattern signals that an upwards price trend will end. Ÿ There are also inverse head and shoulders patterns, which signify the end to a downward price trend. 3 Understand the difference between a trader and an investor. An investor seeks to find a company with a competitive advantage in the marketplace that will provide sales and earning growth over a long period. A trader seeks to find companies with an identifiable price trend that can be exploited in the short-term. Traders typically use technical analysis to identify these price trends. In contrast, investors typically use another type of analysis, fundamental analysis, because of its focus on the long term. 4 Learn about different orders traders make. Orders are what traders use to specify the trades that they would like their brokers to make for them. There are numerous different types of orders that a trader can make. For example, the simplest type of order is a market order, which purchases or sells a set number of shares of a security at the prevailing market price. In contrast, a limit order buys or sells a security when its price reaches a certain point.

Ÿ

Ÿ

Ÿ

Ÿ

For example, placing a buy limit order on a security would instruct the broker to only purchase the security if the price fell to a certain level. This allows a trader to specify the maximum amount he or she would be willing to pay for the security. In this way, a limit order guarantees the price the trader will pay or be paid, but not that the trade will occur. Similarly, a stop order instructs the broker to buy or sell a security if the price rises above or falls below a certain point. However, the price that the stop order will be filled at is not guaranteed (it is the current market price). There is also a combination of stop and limit orders called a stop-limit order. When the price of the security passes a certain threshold, this order specifies that the order become a limit order rather than a market order (as it does in a regular stop order).

5 Understand short selling. Short selling is when a trader sells shares of security that they do not yet own or have borrowed. Short selling is typically done with the hope that the market price of the security will fall, which would result in the trader having the ability to purchase the security shares for a lower price than they sold them for in the short sale. Short selling can be used to make a profit or hedge against risk, however it is very risky. Short selling should only be done by experienced traders who understand the market thoroughly. Ÿ For example, imagine that you believe that a stock currently trading at R100 per share is going to decrease in value in the coming weeks. You borrow 10 shares and sell them at the current market price. You are now "short," as you have sold shares that you didn't own and will eventually have to return them to the lender. Ÿ In a few weeks, the price of the stock has indeed fallen to R90 per share. You purchase your 10 shares back at R90 and return them to the lender. This means that you sold shares, that you didn't have, for R1,000 total and have now replaced them for R900, netting yourself R100 profit. Ÿ However, if the price rises, you are still responsible for returning the shares to the lender. This potentially unlimited risk exposure is what makes short selling so risky.

38 | Oct/Nov | www.beadsmag.co.za

“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota


Business | BM

YOUTH entrepreneurship: what they won't teach you at varsity

39 | Oct/Nov | www.beadsmag.co.za


If you just work on stuff that you like and you re passionate about, you don’t have to have a master plan with how things will play out. - Mark Zuckerberg, founder of Facebook. When you think of an entrepreneur, who do you think of? Richard Branson? Bill Gates? These caricatures of wealth and success define entrepreneurship, but for many young people, this makes the idea of going it alone seem impossibility. The reality is a little different: anyone can be an entrepreneur, and with the right attitude, young school-leavers and university graduates can say goodbye to the idea of working for a boss. Perhaps you're an entrepreneur already, which means you know full well the satisfaction of working for yourself. In South Africa, entrepreneurship needs to grow amongst young adults. With access to the good-quality internet – and computing – bright young adults have the opportunity to look past the formal jobs market and make a career out of what they love doing. Like JP Prinsloo. The 25-year old owner of PriFactor has said no to a 9-5 job in an effort to make a success of his own business. “Entrepreneurs can be successful at any age,” he says. “With the right attitude, and a desire to succeed, no dream is too big.”

Enjoy what you do Do you know what Richard Branson, Bill Gates and other mega-rich businessmen have in common? They love what they do. Not only is it easier to enjoy what you're doing when you're working for yourself – it's absolutely crucial. The minute you start finding the work a slog, you might as well kiss goodbye to your venture. Sure, you'll have good and bad days, but if your passion wanes for too long, the motivation to make it a success won't be there. Work hard “Hard work never goes away,” says Prinsloo, who has built his events business from scratch. It means spending days and nights building up your network of contacts, rubbing shoulders with the right people and establishing your brand. The phrase “hard work” sounds simple – basic, even, but it's the essential building block of any successful enterprise.

Never let people mess you around Being young and inexperienced can often mean you're at the mercy of clients and contractors who are older than you and will use their experience to their advantage. The key? Don't let people routinely get their way. As soon as you stand your ground and start sticking up for what you believe in, you'll build up a reputation of being firm and forthright. There's nothing worse than being viewed as a pushover. Of course, if you're in the wrong, have the decency to admit you've made a mistake and be the bigger person. Being a businessperson is about building a relationship as much as anything, so be firm – but be fair.

Don t be afraid to take risks Risk taking is a big part of entrepreneurship. It means the idea of giving up a steady paycheck and sacrificing your personal capital to make a success of your venture. It means taking a punt, and sometimes pushing yourself further than you ought to. It means building a brand with limited resources, and taking on clients you barely have time in the day to service. “I love the risk-taking aspect of it,” Prinsloo says. “It's about gambling with what you have – but when you've got so much more to gain than to lose, what's there not to love?” Prinsloo believes that as long as you learn from your mistakes, and remember to stay humble, risk-taking will help you get to the next level.

40 | Oct/Nov | www.beadsmag.co.za


On the Rise | BM

Professor Thabo Msibi is not #AllMenAreTrash by Xolani Dlamini

Professor Thabo Msibi is challenging the famous trending #AllMenAreTrash. Msibi has recently been appointed the youngest Dean and Head of School of Education at the University of KwaZulu Natal. The 34-year-old Professor was born in a small rural village of Ntabamhlophe in Escort north of KwaZulu-Natal. He obtained his Bachelor of Education Honours at UKZN before qualifying for a Master of Education from Columbia University and a Ph.D. from the University of Cambridge.

How was the feeling when you received a scholarship to study abroad? “I was very excited and nervous at the same time because I didn't know how well I would do. You know as black people we hardly get such opportunities to study abroad and we have this belief that our standards are lower until we study overseas.” Is this where you thought you would be when growing up? “When growing up I never thought I would be a Dean, but I was always passionate about becoming a professional lecture to contribute to the development of the country's education. I wanted to be part and parcel of changing people's lives for the better and encourage youngsters to get an education in order to change our country.”

41 | Oct/Nov | www.beadsmag.co.za


The highlight of your career thus far? “Being promoted to associate professor at my age, that's a major highlight because I never thought of becoming a lecture at such an age. Some people still see me as a student. Another highlight was my obtaining my Ph.D. at Cambridge University” Since you're lecturing about HIV and Aids how do we address the scourge of stigma in the country? “We need to understand feelings of the victims. People need proper education about HIV and Aids in order to fight the scourge. Let people speak from their experience.” Do you have any regrets about choosing your career? “No no no! I really love what I do and very passionate about the education of a black child. It's what I wake up to do every morning and what I am committed to doing. I want to see black people succeed and become owners of a country or global economy.” What do you believe we need as the province and country to have more inspirational people as yourself? “We need to provide people with opportunities and open doors for them. We must stop being selfish and allow people to become what they want to be. If we invest in education we will have a better country tomorrow. We appreciate what government is doing on providing financial support to young people but more support is needed on career guidance and emotional support.” What would you change in South African education? We need to demand excellence, you see in South Africa young people are not encouraged to excel in their education. There needs to be a provision if more resources to rural schools in order to enable potential pupils to achieve their goals. How do you stay content with yourself? “You have to ground yourself, I am not different to any other human being. I treat people the same way. I believe that I have to recognize everyone as human beings regardless of their race, gender and status.” Where does your strength come from? “I'm an activist at heart and dream-driven.”

Having a platform that you have, how do you give back to the youth? “I'm a founder of a Community Development Association and Community Foundation, we do lots work to empower young people. We have multi branches even in Free State, Gauteng and Limpopo province where we also offer English classes.” Three lessons you have learned that would motivate and inspire others. Work hard, nothing will fall from the sky. You have to do research and ask questions about what you want. Dream, act and be humble. Your words to people who aspire to be like you? “We are very privileged to live in this century and there are so many opportunities out there waiting for us to grab. Ask questions, it is all possible. I don't come from a wealthy family but I have used the opportunities given wisely.”

“We need to demand excellence, you see in South Africa young people are not encouraged to excel in their education. There needs to be a provision if more resources to rural schools in order to enable potential pupils to achieve their goals,”

42 | Oct/Nov | www.beadsmag.co.za


How To Jumpstart Your Busine Post-Rece ion by ideate.co.za

South Africa's economy suffered weak growth outcomes in the first half of 2017, owing to two sovereign credit rating downgrades, a domestic political crisis, and a second technical recession. More doom and gloom kicked offspring in the form of a fuel price hike. Then, out of nowhere, came news from Statistics South Africa that the country's Gross Domestic Product (GDP) regained its strength with a 2.5% increase. Economic activity grew by more than previously predicted in the second quarter, according to the figures released by Stats SA. The GDP improved by 0.4% more than the forecasted 2.1%. The upward revision is mainly due to progress in the primary sector – which includes the agriculture, forestry and fishing industries. The improved GDP is not a magnificent figure, but it's strong enough to break the chains of the recession and lift consumers' moods as we approach the holiday shopping season. Now that the nation is revelling in the unexpected run of economic recovery, your business has the opportunity to capitalise on the promising signs of progress, such as lower interest rates on Personal Loans and increased consumer spending. Here are a few ways, which we've written in collaboration with Hippo.co.za, to revive your organisation in the wake of the recession.

Se le your debt

Get a few big clients on board – at a discount

If you have accumulated any debt during the recession, now is a good time to dig your company out of its financial obligations. Start making larger payments toward any money you have borrowed, starting with those bearing the highest interest rates. If possible, you can also consider increasing your company's operating profit margin, improving inventory levels, and restructuring your debts.

One or two big contracts can really make a difference to your cash flow. Approach big-name clients and convince them to sign up to your business at a discount to sweeten the deal. Once you've landed these big contracts, you can begin to look for smaller, profitable projects that can sustain your business in the long run.

Keep an ear to the ground

B st confidence

Identify the most important market trends that can affect your business in the future. If you keep up with market trends, it will be easier for you to prepare for any changes that may occur in the future. Some things to keep an eye out for: what consumers are buying, the latest pricing conventions, technological advances, What Further Credit Rating Downgrades Could Actually Mean For You (in terms of interest rates, inflation and foreign currency exchange rate), and socio-political developments.

During an economic downturn, marketing campaigns have a propensity for reminding consumers that they're stuck in a recession. These messages usually focus on saving and lowering prices of goods. Now that we're at the lower end of economic growth you should strive to keep your marketing messages clear of financial concerns. Instead, determine how the recession has changed consumers' priorities and let your marketing campaign position your business as one that will grow with their shifting needs.

Recruit additional staff

Conclusion

During a recession, the demand for employment is higher than the supply. Talented people who have been laid off are likely to accept any job that suits their skill set, even if the pay is lower. You can attract quality skills – the kind of people that can help your business to grow – which you may not have been able to afford previously. Small business recruitment software can help you acquire the most suitable candidates for future hiring.

43 | Oct/Nov | www.beadsmag.co.za

The technical recession has come and gone but the ripples and effects will still be felt for months to come. Experts say that there is still a long road to recovery ahead, but you can ensure your business gets back on its feet as soon as possible, and take major strides on the road to future growth.


“No one else knows exactly what the future holds for you, no one else knows what obstacles you've overcome to be where you are, so don't expect others to feel as passionate about your dreams as you do.� - Germany Kent

44| Oct/Nov | www.beadsmag.co.za


7

Business | BM

7Hlophe lessons from funny man Felix by Xolani Dlamini

45 | Oct/Nov | www.beadsmag.co.za


Who would have thought making people laugh could be a career. It took a while and a lot of guts from many talented people to make the South African Comedy industry one that create stars with no limits. Nowadays the essays “when I grow up” could easily include “I want to be a comedian,” Now, unfortunately, comedy needs talent, because it's never what you say, it's how you say it. Comedy veteran Felix Hlophe has got it and more. He has become more than just a comedian; he has also groomed and nurtured a number of talented comedians all over Sout h Africa including our May/June issue cover star Siyanda Maphumulo.

MC for our Gala Dinner and he missed his flight. I was struggling to tell the boss that Mabona had missed his flight. I then summoned all the courage and told him the truth. He told me that was not his problem; so I had to do something and the only thing I could think of was that I was going to be MC for the night. I proceed to the bar and drank two stiffs and the rest is history”

Lesson 3: Recognise yourself for what you are, a comedian, it does not matter the league but the fact is you are a comedian. From that night client companies that were present started calling Hlophe to MC. To Hlophe, it was not clear yet what he had become. When Zulu Comedy was established he turned down the offer twice because he didn't see himself as a comedian and on the third time he took the opportunity and became number one and never looked back since then.”

Family man, Hlophe, has four siblings including his three sisters and a brother. His parents have passed on and he is blessed with a wife, three daughters and one son. Right here is where his strength comes from. “I want to leave a legacy for my children” He's become a go-to man if you're an up-and-coming comedian trying to make it in the industry, for good reasons. If you want to be in the industry learn from him. Lesson 1: Make people laugh the first minute you're on stage. According to Hlophe – who is also on Gagas FM Midday Shandis Show every weekday between 12 pm and 3 pm – the first rule of becoming a successful comedian is simple; you have to be funny from the start. “Go out there with one thing on your mind – I've got to be funny! I've got to get the audience laughing. If you can do that in the first couple of minutes, you've got a winner on your hands. But if you don't win in the first minute – forget it and try another career.” It seems not only does one need to be talented to be a comedian but you also need to be born with it. “My passion for comedy started in the early stages of my life. At home, we used to sit around the table and fight for a chance to be heard. I grew up in a funny family with my father being the craziest father ever. After that, I became that guy who was always surrounded by pupils at school sharing jokes even at varsity, there were always students in my room enthusiastically waiting to hear jokes.

Lesson 2: when an opportunity presents itself, don't be shy and give in to doubt but go for it, you will never know until you try. Hlophe's story of his first day on stage proves that when it's time, it's time and no one will stop you, not even crafted event programs, flights will leave people who will stand in your way, maybe all you need are two stiffs and you're on. “While working at Quest Company, I hired a SABC 1 sports presenter Tsepo Mabona to be

Hlophe's career soared from there. The community of uMlazi Arts and Culture recognized him with an award for being the most popular comedian from the township. When he was retiring from comedy – much to many people's surprise – he hosted a show called “Last dance with Felix” where the venue was packed to capacity and did two hours of laughter comedy.

Lesson 4: Have inspirations and ambitions Felix says his career opened doors for him and offered him an opportunity to meet people from different spheres of life from icons to international superstars. However, he still has a wish of meeting international comedy icons DeRay Davis and Kevin Hurt from the United States of America. Lesson 5: When you make mistakes, own up to them, learn from them and move on. Comedians should not always think it's going to be a smooth ride. Human nature says we all at some point make a decision that we will regret and Felix is not immune to regrets. “I do have many regrets, including the choice of some material that I used and the timing of it maybe it was premature. I remember I did a Sifiso Ncwane's Joke. And I will never touch alcohol before I get on the stage again," says Hlophe Lesson 6: Don't wait for opportunities to knock on your door, go out and make them then own them. Hlophe says opportunity in KZN is immense. They have a comedy club called Egagasini they are starting soon at MVG Lounge. Comedy is growing in KZN and they have people knocking on their doors for the opportunity. Even other provinces want them because they are different. There are, however, challenges in terms of gate-keeping, one finds that those ahead will view upcoming comedians as threats.

46 | Oct/Nov | www.beadsmag.co.za

Lesson 7: Be diverse and be able to fit in different environments On whether the Felix on the radio is the same as the one on stage, he says the Felix on the microphone is a very toned down one guided by Broadcasting Complaints Commission of South Africa. The Felix on stage is a cooperate one because he plays a professional MC and the Felix on stand-up comedy is the Felix that people know and love with jokes bringing smiles to sad people. "I am that annoying guy," he says His word of advice to people who look up to him, Hlophe says; set your goals, if they don't succeed the first time, get up and try again with a smile, then the world will smile back at you. Take the good things and not the bad ones.

“the first rule of becoming a successful comedian is simple; you have to be funny from the start”


Tourism | BM

The low down on TGCSA (Tourism Grading Council of South Africa) Star Grading When picking your holiday accommodation, it's easy to go by star grading, provided you know exactly what they entail. However, there are many guests who are disappointed by their choice due to their - sometimes unrealistic - expectations not being met. It was during my exciting game drive experience at Thula Thula Private Game Reserve, while observing elephant, rhino, buffalo, leopard including over 350 bird species at this luxury safari that I asked myself, if Thula Thula, one of the most luxurious destinations in South Africa is graded 4 stars, then how do they grade accommodations? How do I tell the difference between a 2-star and a 5-star graded establishment? “We have been four stars from the beginning, We have all standard criteria, size of the rooms and facilities in here. We could get five stars but we don't want that because that comes with too much pressure,” said Francoise Malby Anthony the owner. Francoise took over the passing of her husband Lawrence Anthony five years ago.

The breakdown The TGCSA Star Grading is an independent quality assessment and official ranking system recognized around the world that helps customers realize the overall quality of the establishment and the kind of facilities they can expect. The accommodations are graded from 1-star through to 5-stars (with 1-star being the most basic in terms of facilities and 5-star being the highest, offering all the bells and whistles). Accommodations are divided into 9 categories Hotels, Lodges, Bed and Breakfasts, Guest Houses, Country Houses, Self-Catering facilities, Caravan and Camping sites, MESE (Meetings, Exhibitions and Special Events) venues, Backpackers and hostels

Basic grading requirements Ÿ

The accommodation must have a formal reception area

Ÿ

An on-site representative must be contactable 24 hours a day, 7 days a week

Ÿ

Breakfast should be provided or available. Please note that breakfast is not necessarily included in the rate, and guests should inquire about this before they confirm their booking.

Ÿ Ÿ

Room servicing (including linen and towel change, removal or rubbish, and cleaning) En-suite or private bathroom

To be 4 or 5-star graded All the above and Accommodation must be available 7 days a week, Dining facilities on site, On-site parking, Concierge, porter, and luggage handling, Central business centre, ange of other services such as babysitting, Other exceptional facilities, such as a gym, beauty spa, etc. Full housekeeping and laundry service, Universal Access Compliance, Valet service

establishment is more of a gamble as you can't be sure of what to expect. Ÿ

1-star

A 1-star accommodation offers modest to good quality in terms of the overall standard of furnishings, services, and customer care. A 1-star establishment should be clean, comfortable, and functional. You should expect an en-suite bathroom with complimentary toiletries and towels. An adequate breakfast should be offered. 2-star

Ungraded

Ÿ

Many ungraded establishments operate at star graded standards, however, an official star grading awarded by the TGCSA is the best quality assurance you can get. In other words, an ungraded

It should have everything 1 star has but must include a colour television, and an in-house bar or restaurant. Breakfast should include some hot food items.

53 | Oct/Nov | www.beadsmag.co.za


Ÿ

3-star

A 3-star accommodation offers very good quality in terms of the overall standard of furnishings, services, and customer care. You should expect multiple rooms to choose between that are slightly bigger in size; extra furnishings like a desk, colour television, or bar fridge; an in-house bar or restaurant; safe available on request; conference facilities; and an en-suite bathroom with towels and complimentary toiletries. Breakfast options should be varied. Ÿ

4-star

With its unique atmosphere, stylish décor and superb cuisine, Thula Thula offers you the choice of exclusive accommodation between the stylish Elephant Safari Lodge, renowned gourmet destination, and the Luxury Tented Camp, offering an authentic African bush experience in a relaxed atmosphere where children are welcome. Thula Thula Conference Centre - with its elegantly decorated boardroom and lounge can welcome up to 32 delegates. Thula Thula Wildlife Rehabilitation Centre for the rescue and care of orphaned and wounded animals. A 4-star accommodation offers superior to excellent quality in terms of the overall standard of furnishings, services, and

Did you know? The TGCSA star grading is valid for a year, where after a property must be re-assessed.

48 | Oct/Nov | www.beadsmag.co.za

customer care. You should expect multiple room or suite options, a colour television with at least 12 channels, a work area (desk, telephone, and Wi-Fi), and an en-suite bathroom stocked with complimentary toiletries and towels. On-site facilities could include a business centre, concierge services, a swimming pool, gym, babysitting services, an on-site restaurant or bar, and room service available at least 18 hours of the day. A full breakfast should be offered over an extended period of time, with the choice of a la carte dining. Ÿ

5-star

A 5-star luxury accommodation offers the highest quality in terms of the overall standard of furnishings, services, and customer care. You should expect multiple room or suite options, a colour television with at least 12 channels, a work area (desk, telephone, and Wi-Fi), and an en-suite bathroom stocked with complimentary toiletries and towels. On-site facilities could include a business centre, concierge services, a swimming pool, gym, crèche or babysitting services, an on-site restaurant or bar, and room service available 24 hours a day. A full breakfast should be offered all day, with the choice of seated or inroom dining.


Tourism | BM

THE MAGIC OF A

Morning Game Drive

There is so much that goes into a Morning Game Drive. The Guides are up, preparing their Game Viewers, tea, coffee and rusks all before the first wake-up call, and long before the sun comes up. For guests, it’s a matter of pulling yourself out of an impossibly soft bed, getting dressed and making sure you’re awake enough to take in every moment about to unfold. Why then, do so many people brave the dark early morning to experience an Early Morning Game Drive? The reason is really quite simple – morning game drives are unlike any others. After a cup of coffee jolts you to life, you’re climbing into a Game Viewer, pulling on a poncho for warmth, and feeling the crisp air slightly sting your face as your vehicle roars to life. At moments like this, it truly feels like the bustle of the engine is the only sound for miles. The excitement of what you could see starts to mound as your eyes adjust, looking carefully into the dark space around you. Slowly but surely, the sky changes colour, from indigo to cobalt blue and the expanse of land around you becomes more visible. It is then that you will start to see the crepuscular animals of the wild. The ones that come out in the hours between light and dark. Barn Owls, Shrub Hares, Bats – all bringing with them, secrets of what happened

during the dead of night. Often, you will see the aftermath of a kill, Jackals circling the perimeter, nervously looking into Game Viewer lights as they suss out their opportunity for breakfast. At once, you will turn a corner and realise that the sunrise is upon you. Far in the distance, you will see magnificent shades of pink, orange and crimson – the kind that no photograph does justice. In the midst of this, a spectacular sighting will appear from the thicket – the vehicle goes silent to take in this moment. The silence and calm of nature is overwhelming. You forget that your face is prickling from the chill of the morning, or that you have been sitting with your hands nestled between your legs to keep them warm. You listen – there is no noise. Only the sound of two birds, being woken up by the sun. Now, a cheetah slinks in front of your Game Viewer and you can hear the crunch of dry grass beneath his padded feet.

49 | Oct/Nov | www.beadsmag.co.za

On Morning Game Drive, it is the stillness that makes them magical. You feel as though all of Africa is beginning to arise from a deep slumber. The absence of bright sun, the sheer beauty of the sunrise, the silence from all those in the Game Viewer slowly waking up with nature, and of course, the sense that there is truly no better way to greet the day.


56 | Oct/Nov | www.beadsmag.co.za


Advert

55 | Oct/Nov | www.beadsmag.co.za


Articles inside

The low down on Tourism Grading Council of South Africa star grading

7min
pages 48-51

7 lessons from funny man Felix Hlophe

5min
pages 46-47

South Africa life expectancy increases but

6min
pages 34-35

you at varsity How to jump start your business

3min
pages 44-45

Youth Entrepreneur: what they won’t teach

6min
pages 40-43

Trading is not a game of luck

4min
pages 38-39

9 warning signs: How much is too much debt

3min
pages 36-37

The Duke of Fashion

1min
page 31

Purchase fashion online

2min
pages 24-25

Its the era of bold and daring

1min
page 23

Editor’s Note

2min
pages 8-9

ON THE COVER: Sandile Zungu

9min
pages 16-21

Dealing with Lady Boss

6min
pages 14-15

Lessons for 21st century man

4min
pages 12-13

Contributors

3min
pages 5-7

KZN highlights

3min
pages 10-11
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.