SEDA: Small Scale Automotive Sector Funding Programmes

SEDA is an entity of government-mandated to support the small businesses sector in South Africa. SEDA, in partnership with DSBD and SEFA, is rolling out a funding programme aimed at assisting businesses who are negatively affected by COVID-19. Importantly, as part of the package, SEDA will assist all applicants to comply with the funding criteria […]

How Hackers Can Attack Your Car

It may have occurred to many of us that our computers are susceptible to hacking. But with the evolution in car manufacturing and the move towards integrated tech, hackers are now able to hack your car. Here are 8 ways, as written by defensivedriving.org you can prevent car hacking. 8 Ways To Prevent Car Hacking […]

24-hour turnover for UIF payout

Have you applied for financial support? Information According to the fund commissioner, UIF applications which have been submitted correctly, are paid out in 24 hours. Melitta Ngalonkulu from moneyweb.co.za looks at the rules and challenges of the scheme. Read Moneyweb Article

The FIC Act’s Impact On Motor Vehicle Dealers

Compliance markers for motor vehicle dealers As reporting institutions, motor vehicle dealers are required to register with the Financial Intelligence Centre. Following consultations with the industry during 2018, the FIC has proposed changing MVDs from Schedule 3 – reporting institutions – of the FIC Act, to Schedule 1 – accountable institutions. A proposal on this […]