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Carletonville Hospital empowers local SMMEs through outreach programme
Carletonville Hospital empowers local SMMEs through outreach programme

The Citizen

timea day ago

  • Business
  • The Citizen

Carletonville Hospital empowers local SMMEs through outreach programme

Local entrepreneurs received a major boost on August 1 when Carletonville Hospital hosted an outreach programme aimed at empowering Small, Micro, and Medium Enterprises (SMMEs) in the region. The initiative, led by hospital CEO Josias Naidoo, reflects his commitment to community upliftment through collaboration with key stakeholders. 'The goal is not just talk but real action that helps local businesses grow,' Naidoo said. Hospital spokesperson Matabo Letsoalo explained that the outreach aimed to provide SMMEs with practical tools and knowledge for business success. 'Representatives from the Construction Industry Development Board (CIDB) and Gauteng Treasury gave insights that even inspired dormant dreamers like me,' he joked. Topics covered: Compliance, finance and growth The event focused on helping small businesses understand crucial topics such as: SARS tax compliance Accessing business finance Enterprise development Opening business accounts Registering with CIDB and the Central Supplier Database (CSD) CIDB registration officer Palesa Thaele highlighted the opportunities within the construction industry, describing it as a sector that has created many millionaires. 'CIDB promotes ethics, inclusivity, and measurable economic impact,' she said. Pcard System: Fast payments for compliant suppliers Attendees were also introduced to the Pcard system, a Gauteng Treasury initiative that streamlines supplier selection and ensures payment within a week of service delivery. Pcard Administrator Fortunate Kunene, along with Millicent Motsumi and Phumzile Mqweba, outlined supplier requirements. To qualify, applicants must: Be South African Have B-BBEE Level 1 or 2 Be a black youth, woman, person with a disability, township resident, or military veteran Have valid CSD and SAP Vendor numbers Interested businesses should email: 📧 [email protected] Call for unity among local SMMEs Sibusiso Nhlapo, Chairperson of the Merafong Business Chamber 2, encouraged businesses to collaborate rather than compete. 'We don't want monopolies. We want 10 new companies to get business and uplift our city's economy. Learn the rules so you can benefit.' Lastly, David Lebotse, Supply Chain Manager at Carletonville Hospital, guided attendees through the hospital's procurement procedures, urging local suppliers to become compliant and ready to deliver.

Hong Kong security chief defends tightened prison rules, citing need to safeguard nat. security
Hong Kong security chief defends tightened prison rules, citing need to safeguard nat. security

HKFP

timea day ago

  • Politics
  • HKFP

Hong Kong security chief defends tightened prison rules, citing need to safeguard nat. security

Hong Kong security chief Chris Tang has defended tightened prison rules that came into effect last month, saying the amendments were necessary to safeguard national security. Tang told lawmakers on Wednesday that the former prison rules were established over 70 years ago, and therefore it was 'reasonable and necessary' for the government to review and revise them. 'The revised prison rules have established a legal foundation for safeguarding national security and allowing correctional officers to fulfil their duties and to enhance enforcement,' Tang said in Cantonese. Under the new rules, which came into effect on July 18, detainees awaiting trial no longer have the right to order meals from outside the prison. In contrast, they were previously allowed to have meals prepared and delivered from restaurants. The new rules also empower the Correctional Services Department (CSD) to bar anyone, including lawyers and religious leaders, from visiting certain inmates, citing the purpose of safeguarding national security or facilitating the rehabilitation of the inmates. Under the previous rules, a chaplain was allowed to visit a prisoner 'at all reasonable times.' The CSD can now apply for a warrant from a magistrate to bar persons in custody from communicating with a legal representative, in person or in writing, as well as with anyone associated with the law firm concerned. The government unveiled proposed amendments to the prison rules on July 3. The proposal was passed directly into law on July 18 under negative vetting procedures, allowing it to come into effect before being scrutinised by lawmakers. Tang told legislators who reviewed the amendments that the previous rules made it more difficult for the authorities to manage correctional services by allowing detainees to enjoy meals prepared and delivered by restaurants. He said there were cases where detainees tried to have illegal items, such as drugs, delivered through those meals, and that those meals also triggered more conflicts among detainees, with some trying to exchange them with others. Tommy Cheung, a pro-establishment lawmaker representing the catering sector, said the new rules would have a negative impact on the business of restaurants near correctional facilities that used to provide meals to detainees. While he supports the new prison rules, he hopes the CSD can encourage its officers to enjoy meals at those restaurants, Cheung said. Tightened rules on visits According to the new prison rules, the CSD will allow a visit if it considers the purpose of the visit to be 'enabling the prisoner to maintain connections with his or her family or with society' or 'providing moral support or material support to the prisoner.' However, the CSD can prohibit any visit to safeguard national security, prevent or detect any criminal offence, to rehabilitate any prisoner, or to safeguard an individual's safety or prison order. Regina Ip, a lawmaker and chair of the pro-establishment New People's Party, asked Tang whether the new rules would prohibit a close family member from visiting. Tang said yes, explaining: 'For example, if the family encourages an inmate to disobey the order of the prison, their visit will be prohibited.'

Why are INOX India shares down over 2% today? Explained
Why are INOX India shares down over 2% today? Explained

Business Upturn

time3 days ago

  • Business
  • Business Upturn

Why are INOX India shares down over 2% today? Explained

By Aditya Bhagchandani Published on August 5, 2025, 09:38 IST Shares of INOX India Ltd declined 2.77% to ₹1,142.30 in early trade on Monday after the company reported its financial results for Q1 FY26. While the company posted a 16.1% year-on-year rise in net profit to ₹61.1 crore and a 14.6% increase in revenue to ₹339.6 crore, investor sentiment seemed dampened by declining operating margins. EBITDA for the quarter rose 8.9% YoY to ₹76.3 crore, but the EBITDA margin slipped to 22.5% from 23.6% in the same period last year. The contraction in margins, despite robust revenue and profit growth, appears to have led to the negative stock reaction. In the cryo scientific division (CSD), the company secured a prestigious order from the ITER project for the refurbishment of the cryostat thermal shield (CTS), valued at approximately ₹145 crore. This follows the successful execution of the vacuum vessel thermal shield (VVTS). INOX India will carry out 90% of the fabrication work in-house, while also handling on-site execution. Meanwhile, the keg division is witnessing renewed interest, with audit approvals from global brewing giants Heineken and AB InBev, as well as two Brazilian breweries. A major order from a German client also points to a potential uptick in the segment's growth trajectory. As of 9:36 AM, the stock traded at ₹1,142.30, down ₹32.60 from the previous close, with a market capitalization of ₹103.53 billion. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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