Anyone who works at a desk should take a good read of this:
Click to enlarge!
I have just received my copy of Speak Up! Take a look at the goodies:
The Speak Up! campaign was aimed at finding out what South Africans felt about banks and if given the chance, how they would re-imagine the banking process. The campaign involved a Facebook Page where South Africans could explain what frustrates them, but more importantly what creative ideas they could come up with and in return, one South African would be rewarded with R5,000 for an incredible idea. This information assists Capitec Bank to determine what could help them build their own services in the future as well as to help promote some much needed change in South African banking.
Take a watch:
If you’re interested in getting involved, come along and join the Facebook Page and share your opinion!
A new announcement from FNB has just hit the waves, FNB are introducing an enhancement to the PayPal withdrawl system for South Africans. This enhancement will make getting paid a lot simpler. The FNB PayPal service now allows South African PayPal account holders to withdraw funds to any South African bank account.
As you have already linked your PayPal account to your FNB online banking profile, you are now able to link one additional non FNB South African bank account.
Here are the steps to add a non FNB account:
It is important to note that only withdraw transactions are permitted to the linked non FNB account and Top Up is still exclusively from a qualifying FNB account.
We would also like to remind you that according to both the PayPal User Agreement and the FNB terms and conditions relating to the Top Up and Withdraw service you are required to comply with South African exchange control regulations. This means that:
If you receive amounts into your PayPal account from a PayPal user:
If you would like to send amounts to another PayPal user:
FNB and PayPal charge separate fees for each Top Up and Withdraw transaction.
For more information on FNB and PayPal, please visit the PayPal South Africa Facebook Group.
I’m 29, but 30 is just a few months away so my chances of being a millionaire before 30 aren’t looking too positive. Although, what exactly is a millionaire, if I had my assets up I would be one, I think? *shrug* Who cares, let’s rather get to the point, the point being an infographic featuring 9 technology millionaires under the age of 30, put that green tee on and enjoy:
Quite incredible to see the amounts of money these youngsters have and how successful they are!
I’m not accountant nor am I completely clued up on real estate, but one thing I can tell you, and you’ve probably heard it plenty of times before, is that property is potentially the best place to invest your money.
In most cases when it comes to investing money in a money market account you’re probably going to get between 2 and 6 percent interest depending on the account’s rules. If your money is tied up you normally get more interest, whereas if you want your money to be tangible, then you’re going to get less. That’s the premise behind investing with your bank in most cases.
When it comes to property the two most obvious things are that you create an average rental yield of up to 10% which is higher than the banks offer, but not only that, your property will increase in value as the years go by, the joys of an appreciating asset.
Longain Realty specializes in discounted property and they have a number of properties for sale, a lot of which are really good investments. Again, please remember that I’m not an expert so this is just my opinion based on my reading and research.
I was having a look through their properties, which are in the Western Cape and Gauteng, and there are 22 properties for sale, in these areas: Brackenfull, Goodwood, Parow and then Boksburg, Germiston, Kempton Park, Krugersdorp, Pretoria and Roodepoort. Most of the properties are between R250,000 and R500,000 so we’re talking investment properties here.
If you’re interested in looking through the properties, please visit www.longainrealty.com
To save you some time, here are the properties in PDF download:
Have any questions, leave us a comment.
About 18 months ago PayPal and FNB signed papers to allow FNB customers to make use of PayPal’s services. With an FNB account you are able to withdrawl your funds from your linked PayPal account and move funds into your PayPal account to purchase products and services anywhere in the world. The deal was really exciting for South Africans, but at the same time a number of non-FNB bankers were annoyed.
It has just been announced that PayPal will now be available at all South African banks! Michael Jordan, CEO of FNB commented, “major milestone for e-commerce in South Africa”, and in my opinion he’s dead right.
FNB customers have ranked up 20,000 merchant and individual accounts and FNBs monthly payment volume has seen a growth of 8% month-on-month. In total there are 50,000 South African PayPal accounts – quite a bit less than I thought there would be, but that’s still 50,000 people transacting via one bank, so the opening up to the other banks will no doubt quadruple that number and there will be a huge increase in awareness, which might result in even more customers.
I’m interested to watch and see whether this movement will also result in a more seamless process, where withdrawing funds doesn’t take as long as it does and that access will be easier.
Must admit, a bit annoying for those people who opened up FNB accounts just for PayPal usage, I wonder if FNB will see a number of accounts being closed?
Studying via the Internet has been growing in popularity over the past few years. I have friends, and family, who operate in the space and thus have access to the latest pieces of information, such as this infographic that I was sent. The infographic explains how online learning came about, and importantly, why it’s beneficial.
I’ve found many courses to today online that interest me, from starting a business to interior design, so there’s definitely something for everyone, but right now I’m most interested in sharing some statistics and information with you from the Quirk Education team.
Here you go, click the image to see the whole infographic:
So, you want to invest in a startup, but you don’t have the cash to do it yourself. If you’re into business, money, and technology, you’ve more than likely thought about investing in a startup a few times and in most cases you just don’t have a couple bar to throw at it.
Wahooly aims to solve this, imagine you had just a percentage of LinkedIn when it went public? What if you had a piece of Google?!
Well, Wahooly’s here to give us all a chance to invest in startups and the amazing thing is that you don’t’ even have to pay. Seriously? Yup.
As a member of Wahooly, you will be presented with 200 startups over the next 12 months, if you like a startup or even a few, you can become a user of the startup and by doing so, you become a shareholder in the startup.

Let’s look at an example:
Let’s say you launched a new startup, you would approach Wahooly and negotiate a percentage of equity you’re willing to give u; So, a startup could offer 50% equity to 5000 users, meaning that each user who signs up gets an equal share of 5% – There’s another layer to this, if you want more of that 5% than a 5000enth, then by representing the brand and talking about it, Wahooly will track your brand advocate actions and award you personally.
It’s an awesome idea, one which I’ve already signed up for and am looking forward to seeing which startups get involved.
Recent Comments