Business

The Zulu clan is one of the very popular clans in South Africa, with a very interesting culture. More so, with an estimated population of about 10 – 12 million people, they stand as the largest ethnic group in the country. It would also interest you to know that, though they are majorly indigenous to South Africa, they also extend into neighboring nations like Lesotho, Zimbabwe, Eswatini, Malawi, Mozambique,...

Governed by the Unemployment Insurance Act of 2001 and the Unemployment Insurance Contributions Act of 2002 (the UIC Act), the Unemployment Insurance Fund (UIF) is an insurance scheme in South Africa that provides short-term relief to workers when they lose their work and become unemployed or are unable to work due to maternity parental leave, adoption or illness. It is a well-thought scheme that also provides relief to the dependants...

The Unemployment Insurance Fund (UIF) is a safety net established by the South African government through the Ministry of Labour to assist workers who have lost their jobs due to no fault of their own. This initiative was introduced to cater to the wellbeing of South Africans who are out of jobs and it was enacted by the Unemployment Insurance Act, 2001 and the Unemployment Insurance Contribution Act, 2002....

Jabulani Ngcobo (born 29th May 1985) is a -year-old South African entrepreneur, businessman, motivational speaker, and author with a net worth estimated at $2.4 billion. Ngcobo has his hand in several things that have afforded him huge wealth and a lavish lifestyle. However, there seem to be a lot of controversies surrounding how he amassed his fortune. Many questions have been raised about the legality of his wealth acquisition which...

UIF is an acronym for The Unemployment Insurance Fund: a scheme that provides short-term relief to workers when they lose their job or become temporarily unemployed or are unable to work due to either maternity or paternity leave, adoption, or illness. The scheme is also structured in such a way that it provides relief to the dependants of a deceased contributor. Although structured to cater to the above-mentioned individuals, the...

Information about UIF contact numbers is very important to many South Africans, especially those in the labor force. This is mainly because of the usefulness of these numbers when they need to contact those in charge of the UIF to sort out issues relating to the payment of their benefits. For the record, the UIF is an acronym that stands for Unemployment Insurance Fund, a short-term relief fund that...

While the maximum amount a contributor to the Unemployment Insurance Fund (UIF) will get is R6,730 monthly, the minimum an individual is likely to receive will not fall lower than the country's minimum wage. This means that the least UIF pay can be around R3,500. Both employers and employees make UIF contributions - one percent each from both parties makes two percent of a contributor's monthly remuneration. Thus, the...

Knowing the details for ICAN registration procedures is one of the most sought-after information by all the people who are interested in building a career in accounting in Nigeria. For the record, ICAN is an acronym that stands for 'Institute of Chartered Accountants of Nigeria' - one of the professional accountancy bodies in Nigeria that has regulatory authority in the country. There is another accounting regulatory body in Nigeria...

Ecobank is one of the biggest banks in Africa. The pan-African banking conglomerate can boast of banking operations in about 36 African countries. The financial institution is considered to be the leading/key independent regional banking group both in Central and Western Africa, serving retail and wholesale customers. In the recent past, contacting any bank means being physically present in any of their banking halls, however, thanks to the most...

ACCA is an international professional accountancy body that offers students worldwide, including in Nigeria, a plethora of internationally recognized qualifications needed to establish flourishing careers in the field. The registration process for the membership can either be completed online or offline for enrollees who meet the requirements for enrolment. For students who are interested in earning membership of ACCA, there are fees payable at every level – registration, annual...

Raymond Mnyamezeli Mlungisi Zondo (born 4 May 1960) is a South African Judge currently serving as the 5th Deputy Chief Justice of South Africa. The years old Ixopo native is popularly known for his role in presiding over the Judicial Commission of Inquiry into allegations of state capture during the administration of Jacob Zuma. Despite coming from a poor home, Zondo was able to make his way through primary...

Details about pilot salaries in Kenya are among the highly sought-after information about the aviation sector in the East African nation. It is no secret that pilots are glamorized all over the world. This is clearly because of their jobs' unique nature, which sees them flying through the air to different parts of the globe all year. It is a completely fascinating experience for most people to get into a plane...

The growing number of South Africans desiring to obtain their learners licence across the country has become alarming. This has prompted the South African government, in partnership with the Electronic National Traffic Information System (eNatis) and other relevant stakeholders, to come up with an all-inclusive solution in the learners licence application system. This system has made it simple and convenient for any qualified applicant who wishes to obtain a learners...

Kenya Defence Forces (KDF) is a body that encompasses all the armed forces of the Republic of Kenya. KDF, which was established in 2010 in Article 241 of the 2010 Constitution of Kenya, is made up of three arms - the Army, Navy, and Air Force. The president of Kenya is the Commander-in-Chief, and the highest-ranking officer is the Chief of Defence Forces. One of the roles of the Kenya...

A working response unit is essential for all businesses that have to do with a large customer base. This channel of connecting with the company makes service delivery more accessible and more professional. Standard Bank, the largest bank in South Africa with millions of customers all over the country and beyond, understands the value of proper customer service delivery. As a result, they created various ways through which customers...

Standard Bank is one of the largest banks in Africa with operations in South Africa and some other African countries. Over time, it has built a solid reputation for providing the best services to customers and ensuring banking ease in the environments where it operates. To achieve this, Standard Bank much like every other financial institution, uses a universal branch code and other branch codes to make online and...

Since the launching of the centralized biometric identification system tagged Bank Verification Number (BVN) in February 2014, many Nigerians have done well to comply. However, the process continues as more people open new accounts daily, and some old customers are yet to get their BVN numbers in Nigeria. If you are among those that are yet to register their BVN within Nigeria, here is all you need to know. Steps...

Having explicit knowledge of what the customers of every business want, and working towards providing the best products and services is a stepping stone for every financial institution. Standard Bank of Africa has done this and adopted products and services that have extensively expanded its customer base. The introduction of the Standard Bank black card is a clear indicator that they have a good knowledge of their customers' preferences...

The most recent technological advancement in the South African banking sector has given rise to the use of alternative channels for transactions. Instead of commuting to a branch to make payments, customers can now complete all sorts of bank transactions from the comfort of their homes, offices, or in transit, and these can be done anytime. However, carrying out transactions online requires the use of identifier codes called branch codes....

Sterling Bank is one of the more popular banks in Nigeria with more than 100 branches and 800 ATM terminals in the country. This bank operates its head office from Marina, Lagos, and boasts approximately 1 million users. A bank at this level is guaranteed to have customer service helplines as the number of branches it has is not enough to satisfy the needs of its many customers. As...

Are you looking to receive incoming international wires in South Africa? Then, you must have access to the SWIFT (Society for Worldwide Interbank Financial Telecommunication) Codes assigned to major South African Banks. With the SWIFT code, which is also the same as BIC (Bank Identifier Codes), international funds transfers can be sent and received successfully in the country without any hitches. We are set to explore the meanings and...

Offering financial services and solutions to individuals, businesses, institutions, and corporations for over 158 years and counting, Standard Bank Group is undoubtedly one of the oldest financial institutions not just in South Africa but across the African continents as a whole. Just like every other business, Standard Bank has evolved over the years, from doing manual banking to taking its business online to meet modern-day opportunities that the advent...

First Bank Nigeria is a multinational bank and financial services company that has millions of customers scattered around the globe. The bank has its headquarters in Lagos state and has built an excellent reputation as one of the best financial service providers in the country. As a First bank customer, you might at one point need to contact the bank’s customer care. It’s best to know how and when...

With the latest technological advancements in Nigeria, effecting funds transfers has become simplified. In First Bank Nigeria, funds transfer is now a swift, seamless, and easy process requiring few steps with little or no stress. The methods through which funds can be moved from one bank to the other has continued to increase and presently in First Bank, money can be moved through five different routes: USSD codes, FirstMobile,...

The most exciting part of the technological advancement in the banking sector today is that transactions can be done at the convenience of customers. The Sterling Bank USSD transfer code is part of this technological advancement. It has solved the major problem of banking as it can be used to carry out many bank transactions without visiting a banking hall. Other than the Sterling bank USSD code, there are...