Maltech Africa Business Consultancy & Cross Border Solutions

  BUSINESS PLAN FOR INVESTORS IN SOUTH AFRICA: Important Indicators Investors Look for in Entrepreneurs Growing a business can be expensive and it’s not surprising that many entrepreneurs look for investors in South Africa to help the business grow. When choosing a funding route to take, keep in mind that investors in South Africa vs those providing finance will look for different indicators, and this should be taken into account. At a basic level, business finance, or lenders lend you money, and you repay it, but they don’t own a stake in your business and very seldom get involved in providing advice, introducing you to their networks, or supporting you with advice. Investors, on the other hand, will provide you with capital in exchange for a stake in your company. Depending on the investor you get on board though, you are likely to ask to benefit from their network, experience of working with other entrepreneurs, and of course membership and busines...

  THE INDEPENDENT FINANCIAL SKILLS PERMIT Starting a business as a foreigner in South Africa  can be an arduous task without enlisting professional help. There are a number of ‘hoops’ that must be circumvented and the process can be time-consuming and a distraction from the all-important task of establishing your business. Below we detail the important aspects of starting a business as a foreigner in South Africa but if you prefer to talk to a human being to discuss your needs. Importantly and before you commit time and money, you should have an assessment of your circumstances and requirements carried out. Assessments, as with ourselves, we will require an Assessment fee of R450. Who can apply? The Independent Financial skills permit is a permit that is not restricted to a certain economic activity. As such it allows the holder total freedom to invest in a business, whether they will be working in it or not. There is also no obligation to invest in or st...

  WHAT IS A WAIVER OR A WAIVER EXEMPTIONS Where certain requirements cannot be fulfilled, a special waiver request may be considered by the Department of Home Affairs (DHA) when submitted in terms of section 31(2)(c) of the Immigration Act, 2002, as amended. A waiver application is thus (a formal written request to the DHA to set aside certain prescribed requirements for a visa in any given category). This means that companies and/or individuals may, for good cause, be exempted from certain prescribed requirements. WHAT NECESSITATES THE NEED FOR A WAIVER? A waiver letter can be submitted with the General Work Visa application in lieu of the Department of Labour Certificate. The employer/applicant may have received a negative recommendation from the Department of Labour. The applicant may not be able to produce an evaluation from the South African Qualifications Authority (SAQA) of their foreign qualifications. The applicant may not be able to travel abroad to their country ...

  PROCEDURES AND CRITERIA FOR OBTAINING AND MAINTAINING MINING CLAIMS IN ZIMBABWE. Zimbabwe Business is not only open to foreign investors but also domestic investors, you and me! OPPORTUNITIES Government targets to develop the following mineral value chains: Gold ore to bullion processing; Diamond cutting and polishing;  Base metals (nickel, copper, iron, cobalt) recovery from PGMs; Coal to Coke;  Phosphate to fertilizer  Chrome to ferrochrome.   Foreign Investors are allowed to own 100% shareholding for mining operations in all minerals. Before starting operations foreign investors are required to register a local company and apply for an investment license from the Zimbabwe Investment and Development Agency (ZIDA). The newly registered company can then apply for a prospecting license from any Ministry of Mines and Mining Development Offices. Any person who is a permanent resident of Zimbabwe and above the age of 18 may take out a pro...

  Maltech-Africa Cross-Border Business Consultants! We are a small and growing international business consulting organization focusing on Southern Africa cross-border Business activities. We are committed to helping businesses succeed in the African marketplace. We specialize in providing tailored solutions to the challenges of entering new markets, such as developing an effective strategy and finding the right partners for our clients. With 10 years of experience, Maltech-Africa can provide the insight and guidance that businesses need to succeed in foreign markets. We help clients unlock the potential of their business abroad and succeed globally! Maltech-Africa will offer experience and an unbiased perspective to assist steer your business. Maltech-Africa wants to partner with you to provide a cross-border business solution for your organization. We serve a market of various-sized SMEs. Maltech Business Consultancy and Advisory Services – Maltech-Afric...