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Inner-City Gazette

22 February - 1 March 2018

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#RIPCllrConnie THE LATE Former speaker for the Johannesburg Metro and deputy chairperson of the African National Congress (ANC) in the region, Constance Bapela

By Staff Reporter news@inner-city-gazette.co.za

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he South African Local Government Association (SALGA) is saddened by the untimely passing of the Gauteng Provincial Executive Committee (PEC) member, Councillor Constance ‘Connie’ Bapela of the City of Johannesburg.

In the 2011-2016 local government term, Bapela served as a member of the Governance & Inter governmental Working

Group as well as a member of the Gauteng Women’s Commission. She was a member of the Gauteng PEC, Chairperson of the Gauteng Public Transport & Roads Working Group, and the Provincial Chairperson of the Gauteng Women’s Commission, which are roles she led with great valour and commitment. During her opening remarks at the first sitting of the Public Transport & Roads Working Group, Bapela challenged members to think beyond the realms of what Public Transport had been defined as. She was particularly committed to the plight of safety for women who use public transport to reach their destinations on a daily basis. Bapela indicated that sexual harassment is a daily occurrence for hundreds of women who use taxis, busses and all forms of public transport not only in South Africa, but the world. “If one asks a man about his number one priority when it comes to public transport he will most likely say ‘speed’.

Ask a woman the same question and chances are that she will say ‘safety’, “ she had highlighted. Her sentiments on gender based violence and the emancipation of women were thoroughly echoed in a campaign she launched at the Women’s Com-

Dignitaries bid farewell at City of Johannesburg’s Council Chambers. Picure Enoch L.

mission Lekgotla in August 2017 condemning violence against women.

The local government sector has truly lost a wonderful leader in Cllr Bapela.

Her dedication and contribution to the advancement of the local government agenda will live on.

Cllr Bapela was very instrumental in advocating for the institutionalisation of the separation of powers and functions at local government while she served as the Speaker of the City of Johannesburg. She was also vocal on councillor empowerment and welfare - fighting for uniformity between Councillors, Members of Parliament and the Provincial Legislature.

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Inner-city Gazette

22 February - 1 March 2018

For further information Contact Boston on 011 551-2000, e-mail info@boston.co.za, visit www.boston.co.za, or Facebook.

Careers in finance 2018

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he language of money is very precise. As Boston headlines will tell you,” If it doesn’t make rands it doesn’t make cents!”. Money speaks in numbers and figures. Its language is mathematics.

Learning to speak the language of money will open many doors for you, so consider a career in bookkeeping, accounting or finance.

“The accounting and financing field offers wonderful prospects for those who are financially inclined,” says Kerry Damons of Boston City Campus & Business College. The college offers several top-notch, accredited qualifications in the finance and accounting fields, ranging from short learning programmes to bookkeeping ( highly in demand in the workforce), financial diplomas and a degree.

A World Bank report, released recently highlighted that South Africa has performed highly positively in terms of International Financial Reporting Standards, as well as International Standards of Reporting. In a country beset by allegations of corruption, this was a truly pleasing outcome. South Africa had taken note of all the 2003 recommendations, and made appropriate incorporations and changes to local accounting standards and practices. While we still have scarce skills in the accounting industry, the numbers of newly qualified Chartered Accountants are up. Damons highlights that this is an industry

Bookkeepers in South Africa earn an average of approximately R140 000 annually, while Chartered accountants make up for over 35% of the CEO’s in the top 200 companies. where “ courses and qualifications are like building blocks, providing you with skills as you progress in each year of studies, and potential for employment as you complete each level”. So for those interested in creating a new career for themselves, whether you are completing matric or you have been working for a number of years, this is a growing industry that still relies on skilled manpower, and one worth making a commitment towards. Bookkeepers in South Africa earn an average of approximately R140 000 annually, while Chartered accountants make up for over 35% of the CEO’s in the top 200 companies.

There is more than one way of entering the financial field. Those who are eager to join the workforce with a qualification, and not ready to commit to a degree programme, can look at other highly regarded qualifications that enable you to enter the financial field. Boston offers a range of financial qualifications accredited by institutes and professional bodies

such as the ICB (Institute of Certified Bookkeepers), FMI (Financial Management Institute of Southern Africa) and ACCA (Association of Chartered Certified Accountants). These professional qualifications open career options such as: bookkeeper and assistant bookkeeper; credit controller; administrative assistant; certified financial accountant; debt recovery agent; and more. “There is one thing I can say about the Financial Management Diploma offered at Boston,” says Damons. “While it is a three year commitment to fulltime studies, these graduates get good jobs!”

Boston’s BCom in Management Marketing degree equips students for career opportunities and advancement in the fields of business, management and marketing, focusing on digital marketing, social media and brand management - all buzzwords in the workplace today.

The degree makes provision for the latest marketing trends.

The choice of exactly where to start your studies can be quite overwhelming.

A personal assessment and consultation with a career counsellor at Boston can help sift through the options and finalise your career choice.

The Fasset (Finance and accounting seta) reporting in scarce and critical skills indicate that careers in finance and accounting are a good choice, in terms of job availability.

Where the jobs are: According to the Fasset Sector Skills Plan 2013-2018,

employers in the Fasset sector showed a need for more employees in the following occupations: • Trainee accountant • External auditor • Enquiry clerk • Accountant general • Financial investment advisor • Management consultant Bookkeeper To find out more about the courses offered by Boston, or to schedule an appointment with a career advisor, call 011 551-9000, e-mail info@boston. co.za, or visit www.boston.co.za.

“If it doesn’t make rands it doesn’t make cents!”

22 February - 1 March 2018

Finance tips

Inner-city Gazette

Factors to consider when ceding your life policy

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any consumers who are eager to finalise the house buying process often rush into taking out and ceding life insurance without first doing their homework.

The ceding of a life policy involves legally transferring a portion of the cover amount to be used as collateral by a creditor in the event that the policy holder is unable to meet their debt obligation.

Lee Bromfield, CEO of FNB Life, says when applying for a home loan, banks may require that you take out life cover as security if you do not meet a certain salary bracket.

The life cover is then ceded and used as collateral against the home loan to ensure that your loved ones or beneficiaries still have a home in the unfortunate event that you pass away.

He unpacks key factors to consider when ceding a life policy: Cover amount – when ceding an existing life policy, it is recommended that you increase the cover amount to avoid leaving your beneficiaries underinsured in the event that you pass away. This is because a portion of the cover amount will now be used to settle the home loan.

“You also have the option of taking out a new life policy or mortgage protection plan if you do not want to interfere with your existing policy,” explains Bromfield.

If you are taking out a life policy for the first time, consider a higher cover amount to ensure that your family or dependents are also protected financially in the event of death.

Inform beneficiaries about the cession – it is important for your beneficiaries to understand how this process works to avoid unnecessary complications should they have to claim.

If you are taking out a life policy for the first time, consider a higher cover amount to ensure that your family or dependents are also protected financially in the event of death.

Joint home loan – when applying for a joint home loan, the bank may require both parties to take out life cover to insure their respective portions of the loan, should one or both of them pass away before settlement.

Home loan settlement – when the home loan account has been settled and closed, it technically means the policy is no longer ceded. It is therefore important for you to immediately follow up with your lender and insurer to update the status of the policy.

Ceding conditions – before ceding, familiarise yourself with the terms and conditions stipulated by your lender, to understand how they impact your life policy.

“Although home loan providers may make it mandatory for you to have life cover in place, it doesn’t mean you shouldn’t take your time to go through the policy wording or seek advice when you need clarity.

“At most, you will delay the process by a day or two, while making sure that you are adequately covered,” concludes Bromfield.

Lee Bromfield, CEO of FNB Life

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Inner-city Gazette

22 February - 1 March 2018

Sifumba rediscovers Inner-city splendour

By Staff Reporter news@inner-city-gazette.co.za

The Wild remains Joburg’s best kept secret and is the most grand of conservation facilities in the Inner City

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site tour by the Member of the Mayoral Committee, Councillor Nonhlanhla Sifumba to assess the state of parks in the east of Joburg, revealed a treasure trove of inner city retreats with magnificent views of the city’s skyline cushioned by Joburg’s famous manmade tree canopy.

“Joburg has an array of outdoor activities tailored to cater for all residents. The option to enjoy the quietness of The Wilds, or the chirping birds nesting on the bird island at Rhodes Park or the view from the majestic bridge at Bruma Park, are experiences many city dwellers are yet to discover,” stated Sifumba.

The tour was to gauge maintenance standards, identify safety concerns, put in place supporting marketing plans and identify potential partnership opportunities to increase visitors to the parks.

The tour commenced at The Wilds, off Houghton Drive which remains Joburg’s best kept secret and is the most grand of conservation facilities in the Inner City. Its spiral stoned-stairway takes you along the waterfall and prized cacti collection, to the sun dial at the summit of The

Cllr Sifumba in the Wilds

MMC, Councillor Nonhlanhla Sifumba (wearing glasses) assesses the state of parks in Joburg

Wilds. It remains a photographer’s paradise and is popular for nature, wedding and fashion shoots.

Active volunteers such as TJ de

Klerk who hosts regular walks in the facility and James Delaney, a local resident who has installed metal, wildlife sculptures along the path-

ways, are helping to restore the grandeur of The Wilds. Delaney facilitates donations to contribute to enhancing the facility and works

closely with the Johannesburg City Parks and Zoo’s (JCPZs) conservation team based in the facility.

In the interim JCPZ has tarred the driveway to the greenhouse, is clearing the overgrowth, eradicating invasive plants, replanting saplings to rehabilitate eroded spaces, repairing the waterfall, repaired the pumps, replaced sections of the vandalised fence and replaced the drain cover in the parking.

“A great deal of progress has been made in reclaiming The Wilds, however there is an infestation of invasive plants that require many hands and more visitors to the facility,” MMC Sifumba stated, adding that The Wilds was in a good condition and acknowledged the valuable contribution of Delaney and De Klerk to enhance visitor experience in the facility.

22 February - 1 March 2018

Inner-city Gazette

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City acquires new fire engines

By Staff Reporter news@inner-city-gazette.co.za

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he City of Johannesburg’s Emergency Management Services (EMS) has taken delivery of 3 new fire engines. The City will take ownership of an additional two fire engines before the end of this financial year.

Residents of Johannesburg have over the years raised concerns about the City’s ability to secure their safety in the event of an increased number of fire outbreaks. “It is my pleasure to assure residents the procurement and possession of the first batch of fire engines will ensure that the City is able to alleviate much of the pressure that has been placed on our Emergency Management Services” said City of Johannesburg’s Executive Mayor, Cllr Mashaba. The mayor noted that the purchase of the fire engines will especially ensure that the City is able to respond timeously to emergencies and, most importantly, save lives.

Faced with agieng fleet the City is in urgent need to replace its fire engines for provision of world class services to its residents, thus the arrival of the first set of fire engines is part of a bigger plan in revamping the fleet across various fire stations.

“I am grateful to the MMC for Safety, Cllr Michael Sun and the MMC for Group Corporate and Shared Services, Cllr Ntombi Khumalo, for their leadership in purchasing and processing the delivery of

Executive Mayor Cllr Herman Mashaba with EMS firemen

these fire engines,” said Mashaba.

Over the past five years the City of Johannesburg has experienced an alarming growth in population, putting a strain on already overstretched resources. On average the City’s emergency command centre receives over 25 000 emergency calls a month. The Department has done a thorough assessment of the current fleet, hence we are already undergoing the process of procuring more fire engines. The current fleet

Contact Lorraine Makgale on:

delivered will be placed at Fairview Fire Station to cover areas around Malvern, the CBD and Berea.

There other two will be placed at Jabulane Fire station to cover areas in Soweto and the third fire engine will be deployed to the newly built Cosmo City fire station and will cover Diepsloot and Lonehill. The Department is providing much needed services to over 4.9 million citizens within the city. The City took a decision to commit funds to build Protea

Glen and Cosmo City Fire Stations after a feasibility study showed that all emergency incidents around these areas are covered by fire stations further. The construction of any EMS facility is premised on a strategic goal to increase the accessibility of the services to the community. City of Johannesburg Public Safety Chairperson, Cllr Hilton Masera said, “The Section 79 Public Safety Oversight Committee applauds the City of Johannesburg for the delivery of three new fire engines in Fairview, Jabulani and Cosmo City.

“For years residents have been disadvantaged due to the unavailability of fire engines, whilst emergency personnel were unable to perform their duties fully due to the lack of resources.

“The new vehicles will help improve the EMS response time, and also reduce complaints from disgruntled residents who were not attended to in time.

“Although we still have a shortage of fire engines, we appreciate the efforts that the department is undertaking to resolve this problem.

“We also note that there will be two more emergency vehicles that will be delivered before the end of this financial year.

“We appeal to the department to fast track this process as the safety and wellbeing of our residents comes first.

The delivery of these fire engines is an indication that this DA-led coalition government is one that values its residents, and seeks to rectify the years of neglect in relation to service delivery.”

“These facilities are an embodiment of the City’s commitment to build safe communities and therefore a safer city. Joburg is a growing metropolitan city, with an annual budget of R39 billion Rand. It is an investment destination of choice for numerous businesses both locally and internationally.

“There are proper internal processes accessible to all aggrieved employees at all times. In our quest to becoming a leading world class African emergency management services, we will continue to engage employees to ensure a healthy work force,” added Mashaba.

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Inner-city Gazette

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22 February - 1 March 2018

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