Article by Emile Grobbelaar It seemed like a lifetime ago when our interest rate was at 7% prime. Then, we were acquiring new development properties all the time instead of second-hand properties. The new development properties were cashflow positive at the time, apart from the advantages of the superior capital growth and the option of a Section 13sex tax claim on those properties. Fast forward a few months, and our prime interest rate is sitting at 10.5% following another "jumbo" interest rate hike. Still, there are indications that it will rise even more in the coming months. The interest rate increases negatively affected the cash flow of the properties we acquired when the interest rate was only 7% Prime. The increases now mean the owner needs to start paying money into the property portfolio monthly because the rent is insufficient to cover all the property accounts. There needs to be more done by property owners/investors to combat the increased shortfalls getting created by the rising interest rate, and many will consider selling properties rather than exploring other avenues. Our longstanding members will know by now that where there is a problem, Wealth Masters will find a solution. Consider the following strategies to combat your ailing cashflow: Acquiring a Positive Cash Flow Property Finding a positive cash flow property in the current market takes a lot of work to find the right property, but the strategy is simple enough. You will need to get a bond, have cash for a deposit and costs, and make provision, in your future cashflow planning of the property, for higher interest rates on your bond repayments. Refinance to Settle a Bond Refinancing a property will increase your monthly bond repayment; therefore, your cash flow will worsen. Usually, we will use the refinanced money to acquire another property, which an investor can still do for the above strategy. Still, it can get used for settling another bond, especially if you need more affordability. The increased bond repayment of the refinanced property will be less than the instalment of another bond. So, your cash flow will move into the positive if you settle a bond with the refinanced money. Tip: When you refinance with your bank, use this opportunity to negotiate a better interest rate or longer term on your bond. You can decrease your monthly instalment and increase your cash flow. Implementing the "sexiest" tax incentive Only some investors realise that SARS has an incredible incentive for investors, allowing you to claim 55% of the purchase price of the properties over 20 years. Many people take a long time to acquire the minimum five properties required for this strategy and need to remember to implement this when they buy their fifth property. Remind your accountant about this strategy and ensure it gets used. It positively affects your cash flow for a very long time. Increase the Bond Term Most bonds get granted a 20-year term. The banks are very lenient when their clients request to increase their bond terms, and they usually do so without much hassle. A bond with a more extended period will decrease your monthly bond instalment and, therefore, will positively affect your cash flow. Ensure to Escalate your Rent This strategy is often not used correctly. Many property owners are too lenient on this when they have good tenants. I agree that a good tenant is "gold" for an investor, and I would rather keep a good tenant than escalate the rent and lose them. However, you need to keep up with the market rental rate for your benefit, and especially if you have been lenient for several years, it is time to do a proper escalation to solve your cash flow problem. Property owners usually lose touch with the market rental rates when tenants rent for many years. They do the yearly escalation but are not market related. So, after a few years, their monthly rent is well below what it should be, and they lose money without realising it. Depending on the area where the property is, which will determine your rent escalation percentage, and the total increase of the interest rate in a year, the rent escalation usually covers the increase of the bond amount every year. Selling a Property This is NOT a strategy! You should get a good amount of capital out of the sales transaction and use that money to settle another bond, and you will get the advantage of not having to pay those bonds. However, you can achieve the strategy mentioned in point two above without losing a property from your portfolio, which is more valuable. The only advantage of selling a property is getting rid of debt but sacrificing an asset. It is vital to assess the cash flow of your portfolio regularly, especially when we are in a period like now, where the prime interest rate is being increased more frequently than usual. Keeping a handle on your cash flow will allow you to act early enough and prevent getting into cash flow problems. Contact us to assist you with upgrading your membership status to enjoy all the benefits of being part of the Club. Here is your unique link to allow your members to register for our ongoing webina

Article by Anneline Lamond Each year, many South Africans get audited by SARS, but do you know what's needed to be prepared for such an audit? We have the ultimate guide to help you prepare. What is the difference between a verification and an audit? A Verification is a "face-value" authentication of the information declared by the taxpayer on their return. SARS will notify the taxpayer if they may be subject to verification. SARS will conclude this within 21 business days of receiving all the required material. On the other hand, an audit is a more in-depth examination of the taxpayer's financial and accounting records or supporting documents to determine whether they have correctly declared their tax position to SARS. Progress reports of the audit stage will get issued at intervals of 90 calendar days from the date of the audit notification. Our top tips: Have all of the relevant supporting documents on hand so that you aren't left trying to find documentation when you have a limited time Ensure that the file type requests by SARS are adhered to when the material is uploaded You can upload up to 20 records with a file size of 5MB per document. VAT Audit: No company wants to have a VAT audit, but it is, unfortunately, a reality for some. If your VAT calculations and information provided are accurate, then you should have no concerns. Here are a couple of things that SARS looks out for: Accurate VAT Report Various invoices (SARS will request the highest invoices Input and Output) VAT Recon Business owners often make these mistakes when it comes to VAT Non-disclosure of all sales Incorrect disclosure or failure to disclose Input VAT on Capital goods Output VAT payable on insurance claims received and the sale of an asset Reconciliation of accounting records to the VAT returns before submission Incorrect bookkeeping or failure to disclose Penalties and interest Personal income tax Suppose you will be making tax deductions on your personal income tax. In that case, you must have all the supporting documents for any expenses relating to the operation of your business. Here are a few of the major expenses you can claim as deductions. Home office expenses: When claiming expenses for your home office in your primary residence, Your Accountant will calculate the area based on the following formula: A = the area in m2 of the part specifically equipped and used exclusively for business B = the total size of the residence in m2 Total costs = the costs incurred that are linked closely to the premises (such as rent, rates and taxes, repairs, and electricity), excluding expenses of a capital nature. Documentation requested: In such a case, SARS may request the following: Floorplan of your residence Pictures of your office space Depreciation schedule (if applicable) Internet and telephone invoices Rental on property/s registered in your personal name As we always reiterate, it is always best to purchase properties directly in your Trusts; however, if you have properties registered in your personal name and you are renting them out, then: You must declare all income and expenses related to the specific property You should have all the relevant documents to support your return You must supply your bond statement Always submit records of your rates and taxes Submit your monthly levy statements Keep records of all repairs and maintenance costs Claiming a deduction for the use of a motor vehicle: be sure to accurately record your motor vehicle's odometer reading on the first day of the tax year (1March) Keep a logbook throughout the year Record your motor vehicle's closing odometer reading on the last day of the tax year (28/29 February) There are many examples of a SARS logbook online, but if you want more information, don't hesitate to contact your Destinata Accountant for a template. Trusts: Our members have multiple Trusts in specialised structures, and SARS will often verify Trusts. Ensure you send all the relevant information to your Accountant before drafting the Trust financial statements. This information and all records are critical. Having the Trust financial statements up to date can prevent you from paying extra, unnecessary taxes. If you are a Trustee of a Trust, you must ensure that before submitting your personal income tax, your Trust financial statements are complete and ready for submission. There are a couple of supporting documents which need to get uploaded to SARS for Trust verifications: Rental income & expenses schedules Rental statements (if you make use of a rental agent) Repairs and maintenance invoices Bond statements Levy statements Municipality statements If you claimed any expense, SARS wants proof of the payment. Note: SARS warns that new administrative penalties will take effect from 1 December 2022. The new penalties relate to the late submission of a tax return. While we share as much information as possible to help you feel ready and equipped for any potential audit, it is best to ensure you have the right team on hand to help you be prepared for any situation. If you, or someone you know, is looking for assistance with business, personal or Trust accounting, then get in touch, and we will gladly assist. Send a request via the button below. Contact us to assist you with upgrading your membership status to enjoy all the benefits of being part of the Club. Here is your unique link to allow your members to register for our ongoing webinar:

Marlene Powell is celebrating the 15th business anniversary of her ActionCOACH franchise in 2023. Her journey began 2008 when she became the first woman to own an ActionCOACH franchise in South Africa. Together with her assistant of the last eight years, Lauren Vermaak, Marlene was excited to celebrate the years that have passed and anticipates much success in the years to come. To mark the occasion, Marlene and Lauren hosted a networking event at the Pencil Club on the 14 March. Many of their clients – both past and present – were there to wish them well and took the opportunity to thank them for the impact that had been had on their own lives and businesses. ActionCOACH Southern Africa Master Licensee Harry Welby-Cooke was also there to applaud this amazing journey. Apart from reflecting on the past 15 years, Marlene announced a new first; she will be the first ActionCOACH franchisee to launch the new C.A.R.E Eco-System in South Africa! This approach revolves around a community of like-minded business owners with whom you can network and build alliances.

Ever since Bell Equipment founder, Irvine Bell, invented his self-loading sugarcane trailer in 1954, the year in which the global manufacturer was established, the group’s innovation has seen it develop many world-firsts for the industries it serves. Bell Equipment Chief Executive Officer, Leon Goosen said: “The Bell Tri-Wheeler in 1964 marked our first major turning point by providing a revolutionary way to stack and load cane for transport to the mills. There were a few rudimentary cane-loading machines on the scene at that time, but Irvine designed a whole new class of machine that was simple to operate and highly maneuverable.” Using hydrostatic technology and being able to control each of the large drive wheels independently, the Bell Tri-wheeler could instantly turn on its own axis and had enough power to lift and stack sugar cane infield or load a trailer. Almost 60 years later and the Bell Tri-Wheeler is still in production with the F-series generation being used extensively in sugar farming and forestry around the globe. “Many older models remain in operation, which speaks volumes about the build quality and longevity of Bell machines,” added Leon. In 1977 Bell introduced Africa’s first heavy-duty haulage tractor after observing the deficiencies in the adapted farm tractors used as transporters in the sugar and timber industries. The Bell Haulage Tractor was purpose-built for haul work with an automatic transmission, a fabricated steel chassis, heavy-duty axles, and hitch positioning to optimize load weight transfer and traction. Safety features included fully equipped pneumatic trailer braking, and a ROPS/FOPS certified cab. These features have all been included in subsequent generations, the latest being the Series V Haulage Tractor introduced in 2021. “A significant milestone in Bell Equipment’s history came in 1984 when the company launched Africa’s first manufactured Articulated Dump Truck (ADT). ADTs imported from Europe had arrived in the South African marketplace and, although these new earthmovers were effective and versatile, Bell saw plenty of room for improvement and finetuned its design to better cope with the more typical African market that has harsh operating conditions, higher temperatures, and mining applications that demanded higher production and reliability,” said Leon. The success of the first model, a 25-ton ADT, led to new models expanding the range with the flagship 40-ton ADT launched in 1989. In 2001, the launch of the Bell D-series range of ADTs set a new standard of excellence with the manufacturer becoming the first in the world to introduce onboard weighing on ADTs. “This has always been a standard feature across our Bell range,” added Leon. “The following year Bell unveiled the world’s largest production ADT, the B50D, and in 2003 we became the first OEM to introduce satellite-based telematics with our Fleetm@tic® fleet management software. Today Fleetm@tic® provides pole-to-pole coverage and real-time tracking, giving customers the ultimate tool for asset, production, and machine health management.” In addition, Bell has an ethos of making safety its business. According to Leon, features that protect both the operator and the machine are incorporated into the design process, and 2009 saw the inclusion of Tip Safe into Bell ADTs, a feature that prevents bin tipping at an unsafe angle. This was another industry first. True to the company's pioneering spirit, Bell Equipment broke new ground again in 2014 with the B60, a 60-ton ADT that usurped the flagship B50D as the world’s largest ADT. “The B60, a 4x4 truck with a double-axle to prevent tire scuffing, pushed ADT design and innovation into a new league and created opportunities for Bell in a domain that was previously only contested by rigid haulers,” he explained. Then, in 2020, Bell was the first to start on-site autonomous testing with ADTs with indurad/xtonomy in Europe. Work with US-based Pronto AI followed and the group continues to engage with other suppliers to begin testing their systems. The strategy is to position itself as the easiest vehicle for third-party suppliers to control – either remotely or through fully fledged autonomous solutions as we fully appreciate that different users will have different needs and this way we can make sure the customer can choose a controlling system that is best suited for his particular needs. “We’re really excited about our work in the autonomous field, especially now that customers are showing real interest in adopting this technology and we have our trucks running on multiple work sites.” Bell Equipment’s proven ability to give customers fit-for-purpose solutions gave rise in 2021 to the Bell Tracked Carrier, a premium solution for soft underfoot conditions. The Bell Tracked Carrier harnesses our experience as a global ADT specialist and OEM and is well suited to the short-haul and to provide a robust solution to the construction, oil and gas, forestry, drilling, and mining industries. Concludes Leon: “We’ve recognized that our future is dependent on our investment in IP to stay relevant and at the cutting edge of technology and market needs. With our passion for innovation and development, the future looks bright as we are currently investing in new products for construction, forestry, and underground mining. Watch this space.” International contact: Stephen Jones Director – Group Engineering, Marketing, and Product Portfolio Bell Equipment Co. SA. Direct: +27 (0) 35 907 9431 Fax: +27 (0) 35 797 4323 E-mail: stephen.jones@bellequipment.com www.bellequipment.com Contact North America: Bell Equipment North America 11024 Bailey Road Cornelius, North Carolina 28031 Phone: +1 (704) 655-2802 Fax: +1 (704) 655-2866 E-mail: info@bellequipmentna.com www.bellequipment.com Contact UK: Bell Equipment U.K. Unit 6C, Graycar Business Park, Barton-Under-Needwood, Burton-on-Trent DE13 8EN United Kingdom Phone: +44 (0) 1283 712862; E-mail: ukgeneral@uk.bellequipment.com www.bellequipment.co.uk

By Cara Van Deventer The intermittent access to electricity has made government dangle the carrot for both homeowners and lessees to reduce their reliance on the country's overburdened power grid. The incentive - a 25% credit on the cost of the panels, to the limit of R15 000 per installation. The solar tax incentive, like the medical credit system, is currently limited to the tax period of 1 March - 29 February 2024 (Leap year). The tax benefits can only be claimed at the end of the tax year. To qualify, the solar panels must be purchased and installed at a private residence, and a certificate of compliance for the installation must be issued from 1 March 2023 to 29 February 2024. "This can be used to reduce their tax liability in the 2023/24 tax year. This incentive will be available for one year," said Minister of Finance Enoch Godongwana. The regulations have been created to add capacity, which restricts installations to only new or previously unused panels. Only solar PV panels with a minimum capacity of 275W per panel (design output) qualify for the rebate. But while new installations are automatically considered, additions to current systems will also be considered. It is important to note that the rebate is only available for solar PV panels, and not inverters or batteries , to focus on the promotion of additional generation. Solar PV panels must be installed at a residence that is mainly used by an individual for domestic purposes. The installation will have to be approved with a certificate of compliance in terms of the Electrical Installation Regulations, 2009, to ensure safety of the installation and compliance to electric regulations. The offer extends beyond homeowners, as lessees are also eligible. Currently, only individuals can benefit from this scheme, as body corporates are excluded from using this tax benefit. Treasury did say in its note that it is not clear whether many body corporates will be purchasing solar installations instead of using leasing or other options to avoid up-front costs for their members. But the door on this option is not closed as government is investigating the possibility of creating opportunities for residents in complexes to benefit from a potential initial cash outlay by body corporates. Keeping It In The Family Similarly, if someone pays for the solar panels at their parents' or children's home, the purchaser should be able to qualify for the incentive, provided there is a tax invoice that indicates the cost of the solar PV panels separately from other items, along with proof of payment. Businesses Can Also Benefit From 1 March 2023, businesses with a positive taxable income can benefit from a 125% reduction in taxable income by investing in renewable energy. "There will be no thresholds on the size of the projects that qualify, and the incentive will be available for two years to stimulate investment in the short term." Godongwana said. Prior to the budget speech, SARS was already preparing to create a cashflow benefit by deducting 50% of the solar installation costs in the first year, 30% in the second and 25% in the third year. Investments in wind, concentrated solar, hydropower below 30 megawatts (MW), biomass and photovoltaic (PV) projects above 1 MW would qualify for this. Investors in PV projects below 1 MW are able to deduct 100% of the cost in the first year. Trustees can seek advice on how to benefit from the intricacies of the new regulations by consulting their Destinata Accountant. Accountant Contact Request If you enjoyed last week's article, How greylisting has affected the Trust Property Control Act , then click on the video below to watch our in-depth Talking Point relating to the topic. Here is your unique link to allow your members to register for our ongoing webinar.

All new Bell Equipment E-series Articulated Dump Trucks (ADTs) fitted with the Mercedes Benz OM471LA, OM473LA, and OM934/6LA engines are fully compatible with Hydrotreated Vegetable Oil (HVO) fuel, without needing dilution with diesel or impacting on engine service intervals. According to Bell Equipment ADT Product Manager, Brad Castle, this includes the E[1]series small truck range available in the Northern Hemisphere, the complete E-series large ADT truck range, and its VersaTruck derivatives, including the latest Water Tankers. This marks a significant step forward in the company’s commitment to reducing the environmental impact of its machines and supporting the transition to a more sustainable future. HVO fuel is a paraffinic fuel made entirely of renewable waste materials and can reduce greenhouse gas emissions by as much as 90%. Comments Brad: “HVO fuel is completely biodegradable, non-toxic, and odorless, making it a safe and clean alternative to traditional fossil fuels. By using HVO in our Bell ADTs customers will reduce their own carbon footprint and contribute to the reduction of global emissions.” One of the challenges with earlier types of biodiesel fuels has been its compatibility with diesel engines. However, the current Bell E-series large trucks have been specifically designed and tested to run on HVO fuel without any negative impact on engine performance or service intervals. This means that Bell customers can switch to HVO fuel without any additional costs or downtime for their machines. A case in point is the UK construction company, Smiths of Gloucester, which recently worked on a contract that required a sustainable fuel solution for all plant and equipment and successfully ran two Bell B30Es on HVO fuel for the duration of the project. The company’s Plant Manager, Rob Davis, reports there was ‘no detriment to the performance and we’ve been able to successfully refill the machines with diesel for subsequent jobs”. “We are proud to be at the forefront of the transition to HVO fuel and to offer our customers a sustainable and environmentally friendly fuel option for their ADTs. We’re extremely pleased and encouraged by the positive response from customers who have already made the switch and we are confident that more customers will switch to HVO fuel to reduce their carbon footprint and contribute to a more sustainable future,” Brad adds. For more information, please visit our website http://www.bellequipment.com , or contact Bell Equipment’s team of experts. Stephen Jones Director – Group Engineering, Marketing, and Product Portfolio Bell Equipment Co. SA. Direct: +27 (0) 35 907 9431 Fax: +27 (0) 35 797 4323 E-mail: stephen.jones@bellequipment.com www.bellequipment.com Contact North America: Bell Equipment North America 11024 Bailey Road Cornelius, North Carolina 28031 Phone: +1 (704) 655-2802 Fax: +1 (704) 655-2866 E-mail: info@bellequipmentna.com www.bellequipment.com Contact UK: Bell Equipment U.K. Unit 6C, Graycar Business Park, Barton-Under-Needwood, Burton-on-Trent DE13 8EN United Kingdom Phone: +44 (0) 1283 712862; E-mail: ukgeneral@uk.bellequipment.com www.bellequipment.co.uk

Markets for the Bell Tracked Carrier have expanded following the machine’s launch in Western Europe in 2022, with interest shown from Africa, Southeast Asia and Australia. This has brought the versatility of the Tracked Carrier to the fore as new applications are discovered. Bell Equipment’s Product Manager, Brad Castle, said National Equipment Dealers (NED), Bell Equipment’s leading dealer in North America, most recently placed a Finn T170 Hydroseeder® on the back of a TC11A. This unit is suited to medium to large hydroseeding projects on large residential, commercial and industrial properties, along highways, or for mine reclamation. “The uses of the base unit are many and varied,” he says. “One of the reasons we were first asked to design the Tracked Carrier was for pipeline projects where sites are in remote areas that are difficult to access. In the initial stage of a project Bell. Tracked Carriers are the only machines that can access these areas and minimize environmental damage,” he says. “With a flatbed configuration, they also are an ideal solution for delivering wooden mats to remote areas so that other machines can gain access or carrying attachments like personnel carriers and welding machines.” The Tracked Carrier has been used successfully in the electrical utility and power transmission industry where specialised attachments such as aerial platforms and digger derricks have been fitted to the chassis to provide the perfect tool to maintain power lines in difficult terrain. Tracked Carriers are a versatile addition to any general construction fleet as they can perform clean-up and earthmoving tasks, especially at the start of a project before infrastructure has been established and site conditions are usually adverse or after excessive rainfall. They are likewise useful for residential and commercial developments such as apartment blocks and golf courses due to their ability to access challenging sites, especially where the ground profile is undulated and covered by vegetation. “Ground conditions are often extremely soft once land clearing is done, and this is where the Bell Tracked Carrier comes into its own, particularly when there is rainfall,” adds Brad. Due to their tight turning circle and ability to make progress in wet, muddy conditions, Tracked Carriers are well suited to dike construction. Furthermore, with multiple combinations available, the Bell Tracked Carrier can be tailored to meet most needs for tough municipal jobs and military installations. “Landfill and ash pond management are other possible applications,” continues Brad. “Track Carriers, with their low ground pressure, reduce the overall stress on landfill and ash pond infrastructure like plastic liners. They also excel at landfill sites when the ground is too steep or too muddy for rubber-tired vehicles, and ash ponds where the slurry material creates unfavorable underfoot conditions for other vehicles. In addition, opportunities exist for attachments such as hydroseeders.” Tracked Carriers offer exceptional versatility in sand mining applications, where they enable ongoing production during excessive rainfall and when high water tables minimize drainage and can also be used for tailing pond management when required or carrying attachments like personnel carriers and drills, etc. “They are also usually the only option for wetlands and flood control work due to the extremely low ground pressure they exert. In the case of wetlands, which are environmentally sensitive, this helps to minimize the disruption underfoot. Concludes Brad: “The beauty of the Bell Tracked Carrier, is that your options are endless, their performance is assured and they have also been proven to offer a great return with rentals.”

Four years after commencing extensive testing, global ADT specialist, Bell Equipment, reports that autonomous technology is now at the adoption stage with more customers in the United Kingdom, South America, and Australia set to introduce autonomous Bell ADTs on their worksites during 2023. “We’re extremely excited to have reached the adoption stage,” says Bell Equipment Product Manager, Brad Castle. “Right now we are working closely with one of our UK customers. They are a leading mobile plant supplier and earthmoving contractor that has a large existing fleet of Bell ADTs and is looking to initially install an autonomous system onto two B30Es for a quarry application. Initially, they will be introducing autonomous ADTs on two of its sites as part of a continuous drive to improve safety. “At the same time, we have a mining customer in Australia who will be introducing five autonomous Bell ADTs later in the year. Both these customers have chosen xtonomy as their preferred guidance system.” Brad explains: “Providing autonomous-ready machines will be a part of our core business in the future, but in terms of sensing and guidance systems we decided that it makes more sense to partner with market leaders and innovators, as we do with drivetrain, hydraulics, and electronics technologies in our trucks. Bell currently has two approved service providers, xtonomy based in Europe and Pronto AI in the United States, both of which can work with Bell customers from anywhere in the world.” Xtonomy has had B30Es operating autonomously in the Alps since 2020. Pronto has established two test sites in the US, one at a Texas sand mine and another in Reno, Nevada, where three autonomously operated Bell B45Es and a Bell B50E are working in a quarry. In addition, they will soon be establishing a demo site in South America. “As part of our strategy to enable interoperability between our ADTs and various control systems, so that customers have a choice of third-party suppliers, we have recently engaged with a third supplier and hope to begin testing this system later this year,” he adds. The xtonomy and Pronto AI systems, although both autonomous, offer different benefits depending on a customer’s needs. “Xtonomy has vast experience in the autonomous field with years of stable testing. It offers a complex radar-based system, which is less affected by inclement weather, but requires higher upfront costs and relies on the loading tool operator to manage the operation,” says Brad. However, the continuous site and object mapping, with minimal manual interaction, makes the system well-suited to multiple load and dump sites. In addition, the advanced in-cab display and supervision screens allow for easily integrated with other equipment on-site to provide a fully autonomous offering. “Pronto AI, on the other hand, offers quick deployment with a much simpler, integrated system that has subscription-based pricing with minimal upfront costs,” says Brad. “Theirs is a camera system and the non-dynamic site and object detection require manual interactions. However, it is controlled by a user-friendly mobile app and routes can be easily changed by manually driving them. It is also possible to run this system over a private LTE network.” Concludes Brad: “The beauty of both systems is the flexibility they offer our customers. Bell provides a standard cab with no extra hardware taking up space to create an environment where manual, remote or autonomous operation is interchangeable. This means that once an ADT has finished a contract on an autonomous site, the sensory and control system can easily be removed and the truck either fitted with a new system for another site or be used in a manual operation.” International contact: Stephen Jones Director – Group Engineering, Marketing, and Product Portfolio Bell Equipment Co. SA. Direct: +27 (0) 35 907 9431 Fax: +27 (0) 35 797 4323 E-mail: stephen.jones@bellequipment.com www.bellequipment.com Contact North America: Bell Equipment North America 11024 Bailey Road Cornelius, North Carolina 28031 Phone: +1 (704) 655-2802 Fax: +1 (704) 655-2866 E-mail: info@bellequipmentna.com www.bellequipment.com Contact UK: Bell Equipment U.K. Unit 6C, Graycar Business Park, Barton-Under-Needwood, Burton-on-Trent DE13 8EN United Kingdom Phone: +44 (0) 1283 712862; E-mail: ukgeneral@uk.bellequipment.com www.bellequipment.co.uk

The Centre for Social Entrepreneurship is inviting all small and medium businesses from DURBAN and its surroundings to apply for the 2023 Entrepreneurship Incubation Programme. Our Business Incubation Programme is designed to provide support, mentorship, and resources to early-stage startups that have the potential to disrupt the market. We believe that your network can benefit from this programme. Download links below to view programme call out which outlines the eligibility criteria, benefits, and application process for the Business Incubation Programme. Interested entrepreneurs can apply using this link: https://docs.google.com/forms/d/e/1FAIpQLSec-jg8Lu7fCfr0IllkAnTcEwt3lyFjVSmhkmPKqmWWFc_RYw/viewform?usp=sf_link Download 2023 Entrepreneurship Incubation Programme Download CSERI Annual Report

LAST DAY TO ENTER This weekend sees the 1st Durban Zone3 South Africa TINMAN back at SUNCOAST Durban. Bring the family, bring the friends and bring the fun! We have races for newbies, try-hards and professionals, all set up along the beautiful Durban coastline. So sign up and come join us for a sweaty, fun, friendly race this Sunday. Enter here: https://entry.bactive.com/

We cannot change the world overnight, but we can help create positive change day by day. We are Global Networking Platforms for Trade and Collaboration. We are about promoting SMEs, and opening doors for Entrepreneurs, Industrialists, Traders, and various Service Providers. Our organisation’s aim & objective. To help support and increase Global SME Import and Export To boost collaboration, Nationally and Internationally. To help expand business opportunities for SME’s Globally To share our Worldwide Collaboration Network Our organisation prides itself in having thousands of high-net-worth members in Commonwealth countries, as well as Globally, who are involved in business services, industry, commerce and trade. Our members come from sectors as: Real estate, Energy, Textiles, Infrastructure, Mining, Housing, Education, Engineering, Agriculture, Farming, Agribusiness, Finance, IT, Trade, Healthcare, Pharmaceuticals, Commodity Trading, Tourism, Oil and Gas, Telecom, Service Industry, Venture Capital, and Private Equity. If joining CEC and GEC resonates with you, we encourage you to contact our Head Office in London via email, with your company profile attached. We will review your portfolio and if you qualify as a quality organisation, with effective and ethical leadership, we will include you and your organisation into our exclusive membership clubs. David White SA President Business Leader, and Ethics, Governance and Sustainability Advocate Club Mobin Rafiq Founding Chairman Social Entrepreneurs, Philanthropist and Technocrat To obtain further information regarding CEC and GEC, please visit our website www.thece.club or contact Lindiwe Bhadi on lindiwe@businessfit.co.za.

There is no doubt that being in the habit of expressing our authentic selves is advantageous to both ourselves and to everyone around us. Being authentic contributes to our holistic well-being, encouraging happiness, fulfillment, and an elevated sense of purpose and contribution. People around us benefit from our authenticity in that in our true state of being, we express a natural and encouraging energy, and in doing so we also give people space and support to express themselves in their own authentic way. What is authenticity? Authenticity means being true to our own personality, values, and spirit, regardless of the pressure we might feel to act otherwise. Authenticity means being honest with ourselves and with others, taking responsibility for our errors, and expressing our real and genuine selves. Simply put, an authentic person is someone who is comfortable in their skin and does not feel the need to put on a front to fit in or be accepted. They know who they are, and do not try to hide their essence. Our authentic self is always tolerant, kind, and encouraging to others, which can never be anything different. Our true selves, that core expression is aligned to that of our Creator, and is that same expression of love, kindness and forgiveness. Our authentic self can never be the selfish expression of our own personal and material desires. This distorted expression is referred to as our ego and explained as our sense of self-esteem or self-importance – fuelling an inflated feeling of pride and superiority to others. Pursuit of Self Our entire life purpose is the pursuit to discover our true selves, our authentic selves. Once we find this awareness, it allows us to express a flow of life that naturally brings us joy, peace, harmony, and brings constructive development and opportunity to our environment and circumstances. The world of course is in harmony. Our thinking and ignorance of how to locate and express our true selves, our authenticity, is what blurs the expression of our natural selves. This is the Light that shines on our path, and keeps us pursuing new and exciting growth opportunities, adventures and experiences. Allowing our authentic selves to guide our thinking and expressions is what the world needs to tame our earthly desires to acquire material gain, power and authority. How we discover our true selves is so simple, so simple in fact that most people do not reach the point of this understanding. ssentially, we just need to be ourselves. Authenticity is critical when establishing core values within an organisation. Not only does uthenticity ensure that what we think, say, and do are aligned, but it also helps to establish trust among employees and create a company culture people value and want to be part of. Knowing ourselves is of course a journey we experience in our day to day living, and each person will discover their authenticity in their own way and own time. Nobody can give us our authenticity and confidence in expressing our true selves, but we all discover it in a similar way, through deep reasoning and thinking for ourselves. The saying goes, the Creator made us as he wanted us to be, and we can discover what He wants for us when we think for ourselves. A copy is worthless on the screen of Life, and when we find our true selves and express this flow, we not only bring appreciation to ourselves and our environment, we also support the development and evolution of the human race, our world and planet. Authenticity in the workplace Business leaders have in recent times recognised the value of encouraging authenticity in the workplace. In the days of old, when the world was ‘more predictable’, business leaders and governing bodies were more able to control where they wanted their businesses to be at a point in time, and to define the building blocks and milestones to reach these goals. The simple application of a clearly defined vision, with aligned policies, procedures and job descriptions was enough to accurately predict the likelihood of an organisation`s success. This past era in business required only that staff brought their education and experiences to work, and in fact they encouraged their staff and teams to leave their authentic selves and personalities at the door before entering. The world is not so simple now, and all indications are that we are on a fast curve of change, unpredictability, and growing in complexity. It is now no longer possible for a business leader to predict and control growth and profitability of an organisation. Encouraging authenticity in the workplace, where staff are encouraged to bring their full selves to work every day is being seen as the next critical step in the evolution of business and sustainability of the economy. When we show up in our full authenticity, we have an open and pliable mind, able to notice ways to improve processes, communications, and outputs. This is the result of thinking for ourselves, and recognising that we do not only draw knowledge for our actions and activities through our rational side of experiences and education, we also have intuitive, emotional and spiritual sides to our beings. When we combine each of these components, and are passionate about our work and outcomes, we ignite our authenticity, raise our energy levels, and express an inner calm and wisdom. Expressing our authenticity Discovering our authenticity is even less complicated than we may think. Our authenticity exists naturally within us, and we do not have to add anything to ourselves to express its magnificence. In fact, we ourselves stifle our authentic expression through our own misunderstanding, ignorance, and arrogance. When we remove self-centred expressions, fear and doubt from our minds, we ‘miraculously’ discover the authentic voice within, and we feel more alive, more able and more positive than we have felt ever before. This authenticity then never leaves us. Once discovered, we do not ever drop back into our past illusion of desperation, worry, and loss of hope. Authenticity is the key to our successful existence both individually and collectively. Many people have discovered authenticity for themselves, and many more will discover its presence in their lives in the days, weeks, months, and years ahead. Those people who have found it become the people we admire most, as they seem to excel wherever they go, and in whatever they do. They are calm and confident, and in their presence, they allow us to feel the same sense of comfort and reassurance. Society would transform itself naturally if everybody expressed their authentic selves, and with this new way of understanding ourselves and purpose, we would discover ways to transform inequality, mental and physical health challenges, and environmental issues. A strong sense of purpose Each time we are with a person bold enough to express their authenticity, we should celebrate their freedom gained, and encourage ourselves to take our first steps towards this magical existence. Being authentic does not mean we suddenly become a different person, but it is a step forward in our own evolution as a person and species, and we will be amazed at the many new doors of thought and opportunity that will open on our paths ahead. We will feel a strong sense of purpose and be attracted to helping and supporting others on their journeys of personal discovery, recognising more holistically that we are one human race, and that which makes us most happy and content is when we are helping and serving others. Our experiences and challenges are our greatest support when seeking our authenticity, as these are the p illars of understanding that we stand on to reach into the mighty mental space that we discover is as real, or better said, more real than our physical existence. When our actions align with our true nature, we are more likely to pursue our passions, believe in ourselve s, and feel confident in our opinions and actions. The Japanese word ‘ikigai’ means a ‘life purpose’ i.e. not only finding your authentic self, but to know what we love, what we’re good at, what the world needs, and what we can be paid for. Having this understanding of ourselves will help us to also recognise our authentic selves. For more information contact DRG Outsourcing, DRG Siyaya, and BusinessFit SA Contact David White, T: +27 (0)31 767 0625 E: david@drg.co.za W: www.drg.co.za