Jomo Sono plans Rm hotel chain Jomo Sono plans Rm hotel chain 18 Sep Soccer legend Jomo Sono is expanding his stake in the hospitality industry with the development a Rm chain of hotels. Xulu says talks to start the chain began well before the hype but the international event "is a cherry on top". Due to the World Cup the unconstructed hotel has already secured bookings from German guests for the Confederations Cup.
Sign up with the unemployment insurance fund UIF by using our How to apply for UIF guide see below ; Contact all your credit providers immediately and ask about your credit life insurance.
Most credit agreements — such as mortgage, vehicle finance, credit card, store cards and hire purchase — include credit insurance, which covers a portion of your debt repayments.
Speak to your car and home insurer. Your policy may include cover that waives your insurance premiums for a period of time after being retrenched, which means you still have insurance in place even when you cannot afford the premiums.
However, you need to notify the insurer rather than just leaving the debit order to bounce. Ask your financial adviser whether you have an added benefit jomo sono business plan your retirement annuity and life insurance policy that waives your premium contributions for a certain period of time.
In some cases, your premiums could be waived for up to a year, which means that you still have life cover in place even if you cannot meet the monthly repayments — again, you need to inform your insurer about the retrenchment.
If you have an income protection policy, find out if it covers retrenchment. Adjust your lifestyle sooner rather than later.
It may take longer to find a new job than you expected. You need to make your benefits last as long as possible, so take care not to carry on as if nothing has happened.
Start making adjustments to your monthly budget.
You are allowed to take up to R tax-free from a combination of your retrenchment package and pension assuming that you have not withdrawn from a retirement fund previously.
While the retrenchment package itself is there to assist you with your day-to-day expenses, try not to use your retirement benefits for daily living because this could have a material effect on your future retirement benefit.
Think of your retirement fund only as an emergency fund in case you are unable to find work after your UIF and severance package payments have run out.
It is important to note that in order to qualify for any of these benefits you need to have formal notification of retrenchment from your employer. You cannot claim retrenchment cover if you have been dismissed from your employer or taken voluntary retrenchment.
In addition, there are usually time limits before you can claim. For example, in some cases you will not have cover if you are retrenched within 90 days of taking the cover or if you received a retirement notice up to three months before taking out the cover.
However, the amendment act is not yet effective as this requires the promulgation of the implementation date. The good news is that the changes mostly favour the recipient.
Here are some of the main benefits and improvements in the amendment act: Payment of the unemployment benefit will be for 12 months instead of the current eight months. The period within which to submit claims is increased from six months to 12 months for unemployment, maternity, illness, and adoption benefits.
For the death benefit you can submit a claim within 18 months. Public servants and people in learnerships are going to be able to contribute and claim from UIF. Workers who work for reduced hours or a short time will be able to claim for the lost hours.
However the department of labour has engaged in several initiatives to improve its services. For instance — you can make a UIF claim online, in much the same way you can file your taxes online.
Internal changes have also been made. The DoL department of labour always quotes 35 working days. Some claims can take much longer if something goes wrong. However the department says it is looking into this following a number of workshops which resulted in a service delivery improvement plan.
They typically charge a once-off fee ranging from R to RSoccer legend Jomo Sono is expanding his stake in the hospitality industry with the development a Rm chain of hotels. Dr Funokwakhe Cedric Xulu, chief executive of Jomo Sono Investments and CEO of Sawubona Hotels, says the hotel chain is set to begin construction soon and .
There is no shortage of nicknames for soccer supremo Jomo Sono. Some of these traits he is prepared to take into the boardroom with him.
American Soccer League (Div. 2) Although the ASL, now entering its 47th season, had shown that it had potential to survive in the 's soccer market, whether that would be sufficient to keep it going in the 's was still a major question. Soccer legend Jomo Sono is expanding his stake in the hospitality industry with the development a Rm chain of hotels. Dr Funokwakhe Cedric Xulu, chief executive of Jomo Sono Investments and CEO of Sawubona Hotels, says the hotel chain is set to begin construction soon and . Trevor Ward the managing director of W Hospitality Group, says its Nigeria's obvious scale and increasing economic sophistication that is fuelling expansion LAGOS, Nigeria, October 30, / -- The rapid expansion in the number of hotel rooms, or keys as it’s known in the business, in Nigeria is an indication of a growing economy and favourable investment climate .
Handy baggage from a sports career spanning decades. Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were caninariojana.com may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
May 20, · Jomo Cosmos owner and coach Jomo Sono says Sunday’s play-offs clash with Black Leopards at Vosloorus Stadium is like any other. Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were caninariojana.com may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
With new UIF rules about to take effect, Angelique Ruzicka gives you a heads-up on what improvements and changes to look out for as well as seven.