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Business Articles

This section of the blog is a collection of short articles and video clips on designed to help you get a little smarter in the field of Business.

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Bookkeeping | 4 reasons why every business owner should know about bookkeeping
Blog - Business

By Anna Malczyk

If you are interested in this topic, take a look at our University of Cape Town Bookkeeping course.

Bookkeeping is a skill that is sadly overlooked in many small businesses and entrepreneurial ventures, because business owners try to minimise expenditure on “extras”. However, bad financial management – both on the large and small scales – leads to the closure of over half of all new business ventures. In this light, having a bookkeeper on staff, or having bookkeeping skills yourself, means that you keep track of the day-to-day administration of financial aspects. Here are four compelling reasons to learn about bookkeeping if you run a small business.

 

Bookkeeping | Becoming a bookkeeper
Blog - Business

By Anna Malczyk

If you are interested in this topic, take a look at our University of Cape Town Bookkeeping course.

It can be very difficult for first-time job seekers to find employment. Most often, this is because school leavers, and even university graduates, simply don’t have any real-world, practical experience that they can offer to their potential employers. In addition, it can be a struggle for workers in low-income manual jobs to find work that is better paying, more fulfilling and that lets them provide for their families. In both cases, the problems are a lack of applicable skills and no means to learn new skills, due to cost, time or travel constraints.

 
Professional Presentations | Job interviews are business presentations
Blog - Business

By Anna Malczyk
Job interviews are a source of stress and anxiety to many working professionals. Even the most skilled experts and enthusiastic graduates can crumple under the judging questions of an interviewer, and few people have the confidence to remain unfazed by the process. While it is difficult to remove the worry altogether, treating your job interview as a business presentation should give you more clarity and confidence, which will result in you getting your meaning across more effectively and giving you a better chance to impress.

 

Economics | Interest rates and the policing of growth
Blog - Business

Business ReportBy Pierre Heistein
This article was originally published in the Business Report Opinion and Analysis pages on 26 May 2011. To interact with Pierre, visit www.facebook.com/understandingeconomics. Facebook logo

Interest rates will affect your life regardless of whether you are borrowing or not. Not only are they the cost of acquiring or using money, but they are also used as a powerful tool in controlling the pace of the economy and the other major indicators within it. The repo rate is controlled by the South African Reserve Bank (SARB) and is the benchmark rate that commercial banks pay when borrowing from the SARB. It is 3.5% lower than, and directly affects, the prime rate, which is the benchmark rate that commercial banks charge consumers and businesses.

 
Economics | Walmart and Massmart
Blog - Business

By Pierre Heistein
This article was originally published in the Business Report Opinion and Analysis pages on 19 May 2011. To interact with Pierre, visit www.facebook.com/understandingeconomics. Facebook logo

A foreign purchase of a South African company where no competition laws are infringed upon should be a straightforward process, but Walmart’s attempt to buy a 51% share in Massmart for R16.5 billion has been met with huge resistance. Why?

 
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