I believe that in the end that it is kindness and accommodation that are all the catalysts for real change – Nelson Mandela This marvelous Mandela day, we joined forces with the amazing altruistic society that is We Are Durban. This Organization was created to be the kindness you want to see in the world and they are just that. Who or what is We Are Durban? We are Durban was born out of the …
Further to our agreements with Tona Marketing, it brings us satisfaction to be in partnership with the business venture that they have undertaken by adding to their already remarkable fleet a Komatsu D375A-6 Bulldozer, 2 Bell JCB 3CX Global backhoe loaders and 2 VOLVO A60H Haulers Again taking note of their fantastic portfolio and the range of experience the company holds, this addition of yellow metals can only propel them forward. One of their current …
Another great financial offering from Tower Investments is term loans Tower Investments encourage growth and development for businesses in their respective industries; and terms loans are especially beneficial to established businesses with sound financial statements and can be used for capital outlays and business growth. A term loan gives the borrower the affordability of receiving a lump sum of cash up front and the flexibility of negotiating a specific repayment term with either a fixed …
In many businesses, cash flow constraints are often a large concern, these companies need to create an efficient cash flow strategy. Tower Investments strives to offer quality and vital business opportunities, one offering is debtors finance. For many companies, offering a term of credit (i.e. 60 days) to their customers can help secure orders, whilst this is great for overall business, it does put pressure on current cash flow and can affect daily running and …
Know Your Customer, better known as KYC, is a business principle within the Financial Intelligence Centre Act, 2001 (FICA). FICA encourages certified companies and entities to verify the identity of their clients before or during the time they do business. FICA imposes certain obligation on all accountable institutions that have specific duties to fulfill. The aim of complying with FICA through KYC is to prevent money laundering. FICA requires accountable institutions to do the following: …
