Derrick Carolin 🖍

the future is here

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🚀 Experience the Next Generation of Property Investment with Brix World! 🚀 Cutting-edge Technology x Real Estate Innovation = Revolutionary way that South Africans can invest in property. Making it more accessible and user-friendly. For anyone. Anywhere. Anytime.

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In South Africa, small and medium-sized enterprises (SMEs) dominate the business landscape, comprising about 98.5% of all businesses in the country. If your business falls under this category, you’ve come to the right place. At Fio Group, we specialize in empowering entrepreneurs like you to thrive in today's competitive market. Here's some of what we offer: • Strategic Consulting: Gain insights and develop winning strategies tailored to your unique business needs. • Financial Solutions: From budgeting to financial planning, we've got you covered to ensure fiscal success. • Digital Marketing: Elevate your online presence with our expert digital marketing strategies and reach your target audience effectively. • HR Support: Streamline your human resources processes and foster a productive work environment. • Technology Integration: Leverage the latest technology to streamline operations and enhance efficiency. Ready to transform your business? Contact us today to learn more! ☎️012 140 3494 🌐https://fio.group Gene Khorommbi Likhanya Ajay Wasserman 🇿🇦 Dr Taz Emeran-Thomas 🇿🇦 Phillip Mostert 🇿🇦📊 Phillip J Mostert 🇿🇦 Heinrich Fouché Benita Vermeulen Chiné Kruger Juran van den Heever (PHD) Francois Cloete Johan Vermeulen Renier Janse van Vuuren Chris Van Zyl Dané Brits Kasper Brits Corne Mostert Dricus Liebenberg Jaun-Mari Potgieter Raymond Campbell Gert Engels

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Start-Up Capital Innovative Finance for South African High Growth Start-Ups & Growing Enterprises. "Building takes Time"

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Discover how technology is revolutionizing financial management for SMEs in South Africa. From cloud accounting to digital payments and expense tracking, these tools are boosting efficiency and driving growth. Learn more about the digital transformation empowering entrepreneurs. Read the full article on our website!   Megan Dedekind, Business Partners Limited

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Want to invest but feeling uncertain about the current state of the South African markets? Look no further than Liberty's new Structured Portfolios. For a limited time only, this option offers lower fees, guaranteed returns and reduced risk. Gain certainty in uncertain times and invest your money wisely. #investmentoptions #LibertySouthAfrica #StructuredPortfolios #invest #money #employment

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🚀 Boost Your Small Business's Profitability with Effective Tax Strategies! 🚀 Are you a small business owner in South Africa looking to optimize your tax position and drive long-term profitability? At Primorial, we understand the unique challenges you face, and we're here to help! 🌟 Tax Efficiency Strategies for Small Businesses has the following aspects associated with it: 🔹 Understanding Your Tax Obligations 🔹 Maximizing Deductions and Allowances 🔹 Utilizing Tax Incentives 🔹 Efficient Cash Flow Management 🔹 Retirement Annuities and Savings 🔹 Engaging with a Professional Accountant 🔹 Conducting Regular Tax Reviews Our goal is to partner with businesses for their long-term profitability, offering personalized advice and proactive solutions tailored to your needs. As a SAICA-accredited firm and registered SARS Tax Practitioners, you can trust us to guide you through the complexities of tax laws with a friendly yet professional touch. See more blog posts on our website here ➡️ https://primorial.co.za/ Let's build a solid foundation for your business growth together! 💼💡 #SmallBusiness #TaxEfficiency #Accounting #TaxPlanning #BusinessGrowth #Primorial #SAICA #SARS #SMME #Entrepreneur #economicdevelopment #funding #accounting #tax #digital #consulting #noncompliant #retirementplan #notime #slowgrowth

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I've dealt with 100+ of entrepreneurs, most of them on the HNW/UHNW scale. Here's the single outstanding factor each of them have possessed: They make decisions quickly. Yesterday, we proposed a complex R100m+ restructure. Within 20 minutes (yes, I timed it!), the deal was done. These leaders analyse, choose, and act swiftly. Why? Firstly, strong teams (accountants, lawyers, financial advisors) support them. Secondly, they understand "time is money." A solution that saves time or boosts profits gets implemented fast. There's an important lesson in that. Your decision-making skills will determine how high your personal growth 'ceiling' is. #growth #entrepreneur #decisionmaking #educatedteam

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𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐅𝐫𝐨𝐧𝐭𝐢𝐞𝐫: 𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐒𝐨𝐮𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐀𝐫𝐬𝐞𝐧𝐚𝐥 𝐂𝐚𝐬𝐡-𝐬𝐭𝐫𝐚𝐩𝐩𝐞𝐝 𝐝𝐫𝐞𝐚𝐦𝐬 𝐨𝐫 𝐛𝐢𝐥𝐥𝐢𝐨𝐧-𝐝𝐨𝐥𝐥𝐚𝐫 𝐯𝐢𝐬𝐢𝐨𝐧𝐬? Navigating the South African funding landscape can feel like conquering a mountain, but fear not, entrepreneur extraordinaire! This guide equips you with the weaponry you need at every stage, from scrappy startup to high-growth venture. 𝟏. 𝐋𝐨𝐚𝐧 𝐋𝐨𝐜𝐤𝐞𝐫: 𝐅𝐫𝐢𝐞𝐧𝐝 𝐨𝐫 𝐅𝐨𝐞? ✅ 𝐁𝐚𝐧𝐤 𝐁𝐨𝐨𝐭𝐲: Fixed-rate loans offer predictable ammo for steady needs, but stricter eligibility might make qualifying a boss battle. ✅ 𝐂𝐫𝐞𝐝𝐢𝐭 𝐋𝐢𝐧𝐞 𝐂𝐚𝐯𝐚𝐥𝐫𝐲: Flexible access to cash for operational costs, but managing interest rates is like taming a wild dragon. ✅ 𝐒𝐁𝐀 𝐒𝐡𝐢𝐞𝐥𝐝: Government-backed guarantees can be your knight in shining armor for loan approval, but research the specific terms and conditions before signing. 𝟐. 𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐕𝐂 𝐕𝐚𝐮𝐥𝐭: ✅ 𝐊𝐧𝐨𝐰 𝐘𝐨𝐮𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: Seek out VC firms like Invenfin, Knife Capital, and Jolidee for ventures in tech, healthcare, and creating positive change. ✅ 𝐖𝐡𝐚𝐭 𝐓𝐡𝐞𝐲 𝐂𝐫𝐚𝐯𝐞: Scalable business models, A-Team founders, and a clear path to riches (profitability). ✅ 𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫: VCs aren't one-size-fits-all. Align your goals with their investment styles before entering the vault. 𝟑. 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐀𝐯𝐞𝐧𝐮𝐞𝐬: 𝐁𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐌𝐚𝐢𝐧𝐬𝐭𝐫𝐞𝐚𝐦 ✅ 𝐂𝐫𝐨𝐰𝐝 𝐏𝐨𝐰𝐞𝐫: Rally the citizen army with crowdfunding for smaller projects, but be aware of platform fees and regulations. ✅ 𝐀𝐧𝐠𝐞𝐥 𝐀𝐥𝐥𝐢𝐞𝐬: Connect with high-net-worth individuals seeking high-growth ventures. They often offer not just cash, but mentorship as well. ✅ 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐆𝐫𝐚𝐧𝐭𝐬: Research government initiatives like SEFA and TIA. These can be funding fountains for specific sectors, but eligibility requirements might be the gatekeepers. 𝟒. 𝐏𝐢𝐭𝐜𝐡 𝐏𝐞𝐫𝐟𝐞𝐜𝐭: 𝐌𝐚𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐃𝐞𝐜𝐤 ✅ 𝐒𝐭𝐨𝐫𝐲𝐭𝐞𝐥𝐥𝐢𝐧𝐠 𝐒𝐮𝐩𝐫𝐞𝐦𝐚𝐜𝐲: Craft a captivating narrative that spotlights your problem, solution, market opportunity, and what sets you apart from the competition. ✅ 𝐍𝐮𝐦𝐛𝐞𝐫𝐬 𝐭𝐡𝐚𝐭 𝐍𝐮𝐦𝐛 𝐭𝐡𝐞 𝐍𝐚𝐲𝐬𝐚𝐲𝐞𝐫𝐬: Validate your business model with solid financials and growth projections that hit the mark. ✅ 𝐓𝐚𝐢𝐥𝐨𝐫𝐞𝐝 𝐭𝐨 𝐓𝐫𝐢𝐮𝐦𝐩𝐡: Adapt your deck to each investor's area of expertise and interests . Remember, South Africa: With the right tools and knowledge, your funding journey can be the launchpad to success. So, unleash your hustle, explore your options, and transform your dreams into reality! #FundingFrontiers #SouthAfricanStartups #FundingForEveryStage #eTalkzWorkshop #LetsGetFunded

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Things That Make You Go Hmm🤔: Major South African bank up for sale! Bidvest has announced that it will be restructuring its financial services division, which includes putting Bidvest Bank and FinGlobal up for sale. The “strategic restructuring” will impact Bidvest Financial Services division, which provides banking and related products and services to South African corporates, businesses and consumers. This division includes Bidvest Bank and FinGlobal, as well as short- and long-term insurance products through Bidvest Insurance, Bidvest Life and Compendium. The group noted that the division’s post-pandemic financial performance has been strong, evident in the FY2023 annual and FY2024 interim results, “and this positive momentum is continuing in subsequent trading”. Chief executive Mpumi Madisa said the restructuring of Bidvest Financial Services will allow the group to set its businesses up for the “next phase of sustainable expansion” whilst recycling capital to position the group for continued growth. To do this requires a strategic shift, where its ambition is to “achieve scale and growth” and pursue organic and acquisitive growth opportunities in the Group’s identified areas of focus—in niche services of hygiene, facilities management and distribution of plumbing and related products. “Considering the overall Group strategy and notwithstanding the solid performance of the Financial Services division, the Bidvest Group Board of Directors believes that dedicated financial services ownership is required for the continued sustainability and prosperity of some of the companies in this division. “Shareholders are therefore advised that the Bidvest Group Board has approved a process to dispose of Bidvest Bank and its related entity, FinGlobal,” it said. Hmm...🤔 #mergersandacquistions https://lnkd.in/dcSn-tHY

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𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗱𝗼𝗲𝘀 𝗻𝗼𝘁 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗯𝗲 𝗱𝗶𝗳𝗳𝗶𝗰𝘂𝗹𝘁. At investRand, we simplify property investing by equipping you with the relevant information needed to start investing. Dive into our step-by-step guide on how to invest in real estate in South Africa, and learn how to navigate the property market, secure financing, and maximize your returns. 𝗩𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝗺𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲 to see vetted properties: https://lnkd.in/djP5vnw6

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Send reliable payouts to any bank account in South Africa with Stitch. 24/7, 365. Now including RPP. Stitch Payouts is designed specifically for enterprise businesses that process payouts at scale. We're integrated with multiple banks, and can process payouts over all available rails in South Africa - any time, any day. Here’s how it works: Stitch has multiple integrations across banks and rails, packaged in an easy-to-use API. We automatically route each transaction using the optimal rail and bank in the backend, to avoid any downtime and ensure peak reliability. ✅ The most reliable Payouts solution: Stitch Payouts incorporates multiple fallbacks and redundancies ✅ Choose instant or same-day settlement: thanks to direct integration across multiple rails ✅ Verify bank accounts to reduce fraud: with Stitch Bank Account Verification Service (BAVS) ✅ Reduce admin burden: Transfer funds to Stitch and we'll manage float ✅ Maintain full control: View payout statuses and manage balances in real time ✅ Initiate payouts 24/7: even on weekends or public holidays Take the stress out of managing payouts at scale. Leverage Stitch for seamless account withdrawals, disbursements to vendors and suppliers, payouts to employees, refunds and more. Request a custom demo: https://lnkd.in/e-HpNPUk Kiaan Pillay Junaid Dadan Priyen Pillay Naman ‎

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Renier Lombard This data tells a great story! I do think South Africans are good closers. If we look at the graph there is a high close ratio in people-first cultures with a small TAM where buyers are open about their agenda. South Africa, Ireland, New Zealand and Australia are relationship-first markets where buyers tend to be transparent about their goals and agenda because they create a relationship through the deal cycle and are often connected to buyers through peer communities and networks. If we forecast a deal we get to know the people and can predict who will buy because they tell us. The normalised market is right in the middle where it belongs - where there is either a conservative culture or a large TAM and the market is too big for people first selling. UK, USA, and Brazil have a large TAM and relationship selling is harder. Germany, France, Israel and Austria are the hardest markets to sell to. They have conservative buying cultures and tend to be less open with their buying agenda. Some credit has to be given to the sales team for sure, South Africans would be here for persistent optimism. I see the graph as a cultural buying graph - showing where buyer transparency makes selling easier.

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South Africa is set to license 60 cryptocurrency platforms by the end of the month, according to a report by Bloomberg. This move is expected to boost the country's digital currency market and provide more opportunities for investors and businesses. Read more about this impact here:

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Does South Africa have the most expensive account to account payment system in the G20? I'm just back from visiting partners and clients in the EU. It's very interesting to compare base transaction costs of an instant account to account transfer. Interchange - EU - zero - India - zero - SA - not public for some reason, but set by the SARB and thought to be around ZAR 11c and up, paid by the sending participant to the receiving participant Participant Fees (usually paid by a bank or PSP to the ACH / Scheme) - India (UPI) - Not public, but an annual maintenance fee, also subsidised by Govt. - EU (TIPS) - ZAR 4c shared equally by the participants - RSA (Payshap) - not public for some reason, but set by BankservAfrica and thought to be around 10c per transaction plus an annual fixed fee What are your thoughts? Why are our costs so high, and did I miss something? What is the effect on the economy to have expensive money movement? Is there an economic basis for interchange on a2a transfers? Acacia Economics Ryan Hawthorne Phil Alves Daan Steenkamp

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