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We are looking urgently for German speaking Call Center Agents for the wider area of Cape Town! The necessary Work Permit can be organised at the same time.

IBN Offshore

BVI Offshore Company (IBC)
The law on the British Virgin Islands is familiar to most lawyers who deal with offshore matters, like IBN Offshore.
Flexible legislation allows the operation of the company to be almost totally dependent on the requirements of the client
A BVI only takes three business days to incorporate and they are exempt from all taxes.

A wide-range of applications are possible, including: investment, property holding, financial management, trading and copyrighting and/or licensing. Unlike many other jurisdictions, there are no public disclosure requirements, nor any minimum capitalization regulations, nor any prohibitive license fees pertaining to trust and trustee companies for application in private-label trust company, unit and mutual fund situations like it is necessary e.g. for the PCC of Mauritius.

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News Highlight
19th Jan 2012

Interest Rate remains unchanged!

The South African Reserve Bank left its repo rate unchanged at 5.5% on Thursday as expected, with concerns about a slowing economy off-setting the pressures from inflation, which is likely to stay outside its target band for longer than previously expected.

At its first policy meeting of 2012, the bank raised its inflation forecast, saying it expected inflation to be outside its 3-6% target range throughout 2012, with the recent depreciation of the rand being the main ...[MORE]

>> IBN News-Archive

Exchange Rates

EUR: 10.03
USD: 7.62
GBP: 12.05
CHF: 8.32
AUD: 8.14
Click a graph to view the detailed version.
Rates are compliment of the ECB and will be updated once a day on weekdays only.

Date & Weather

Date: 04.02.2012
Time: 17:31

Capetown:

Temp.: 29 °C / 84 °F
Wind: S / 14 kn
Sunrise: 05:43
Sunset: 20:15

Johannesburg:

Temp.: 19 °C / 66 °F
Wind: VRB / 3 kn
Sunrise: 05:19
Sunset: 19:22
IBN News (10th May 2009): President Zuma announces Cabinet

News-Archive


President Zuma announces Cabinet - 10th May 2009

The new president of South Africa, Jacob Zuma, made his eagerly awaited cabinet announcements on Sunday in Pretoria. On making his announcements, Zuma said the new administration would be tasked with bringing out results, to properly implement policies and has been reorganised to work more effectively.

President Zuma announced several changes to current government departments, the creation of new structures within the presidency. A national planning commission (NPC) will be set up, which will be based in the presidency, the NPC will be responsible for strategic planning to which all spheres of government will adhere and will be headed by former Minsiter of Finance, Trevor Manuel.

The department of mineral and energy will be split into two departments, as will be the department of education. The department of housing will be called department of human settlement. The following appointments were announced:

Minister of Defence: Lindiwe Sisulu (former Minister of Housing)

Minister of Finance: Pravin Gordon (former Revenue Service Commisioner)

Deputy president: Kgalema Motlanthe (former President of South Africa)

Minister of Economic Development: Ebrahim Patel

Minister of higher education and training - Blade Nzimande

Minister of home affairs - Nkosazana Dlamini-Zuma (former Minister of Foreign Affairs)

Minister of human settlement - Tokyo Sexwale

More details to follow.
Click here to view the complete News-Archive.