Treat yourself to a luxurious beach holiday

Each year I put my all into my work and each year I decide ‘this year I am going to treat myself to a decent beach vacation’. Unfortunately, for some or other reason when it’s close to the end of the year and I need to work out all my plans I end up not having money or find some or other reason why my holiday must be delayed.

It’s 2008 and this year I decided things will be different. Work all the time and no play are just not on anymore! This year I am going to have my special beach holiday- filled with summer sun, cocktails, beautiful sunsets and of course partying till the sun shines its first rays over the beach in the early morning.

As I’m discussing my plans for my beach vacation, everyone questions me on where I want to go. I answer that question with my needs: 1. I want to be close to the beach- it’s a beach vacation afterall! 2. I want to be able to walk to the clubs and restaurants 3. I want to be able to actually see the beach from my balcony.

After going through all the hotspots in the Western Cape, I finally decided on Camps Bay close to Cape Town. My friends always go on about Camps Bay and after some thorough research on the Internet, I quickly concluded that Camps Bay is exactly the place that would suit my every whim.

Cape Town is the playground of the rich and famous, but along with that comes picture perfect beach vacations, people bronzing in the summer sun and long stemmed cocktails infused with colours and flavours!

The apartment I found is perfect for my beach vacation- even better it’s laced with a romantic vibe so I can take the love of my life with and have an absolute blast!

Beautiful Camps Bay ocean views, a private balcony, air-con, pool area, barbeque facilities- you name it they’ve got it. Best of all it’s one street away from the promenade where the streets buzz with people, the café’s entertain and the azure blue waters of the beach paint pictures on the sand.

Because Cape Town is so full in December, I decided to book AND pay early- ensuring there’s no way for me to postpone yet another year. I can’t wait to go and explore the beautiful Cape and have lots and lots of summer fun!

Isn’t it time you rewarded yourself for all your hard work too?

Going to Africa? Lend a Helping Hand While Going on Safari

To those living outside of the continent, Africa represents exotic locales, the opportunity to witness an incredible variety of wildlife, and experiences that will create lifelong memories. The idea of an African safari conjures up images of bumpy rides on dirt roads, lodges with few amenities, and glimpses of elusive creatures during the night. Today, while a classic African safari is certainly available, an increasing number of travelers are opting to make a safari part of a larger eco-friendly vacation that includes giving back to the people and places of Africa through volunteerism.

Africa: More than You Imagine

When you spend your holidays in Africa, you find that each country and region offers a unique array of opportunities, from gorilla trekking to white water rafting to mountain climbing to the traditional safari.

With the Masai Mara's open savannah, Kenya is known for the safari experience. Yet it also offers enticing treks up Mt. Kenya, exciting white water rafting down the Nile, and scuba diving and sailing along the Kenyan coastline. Meanwhile, Tanzania beckons with the Serengeti and the world's most densely populated area of wildlife. It also features the largest volcanic depression, the Ngorongoro Crater, as well as Mt. Kilimanjaro, and the spectacular beaches of Zanzibar.

If you choose to vacation in South Africa, you'll encounter an ocean lover's paradise in Cape Town, the whale watching capital of the world. After your ocean safari, you can experience breathtaking botanical gardens and a penguin colony, as well as the primate sanctuary in Tsitsikamma National Park.

The country of Namibia offers a gateway to Victoria Falls, as well as subterranean lakes, enormous canyons, and a desert that brings together lions, giraffes, elephants, and rhinoceros. For the ultimate safari vacation, though, a trip to Botswana is in order. Both the Chobe National Park and the Moremi Game Reserve will give you the opportunity to view unprecedented varieties of wildlife and birds.

When it comes to Egypt, culture reigns. You can experience the wonders of the Pyramids, the Valley of the Kings, and the Egyptian Museum. The contrast of ancient artifacts against the backdrop of modern Cairo marries the past and the present for a once-in-a-lifetime experience.

Holidays that Help

When you embark on an African holiday, you can do more than experience the natural wonders of the continent. You can book your travel with a company that is committed to empowering local communities and that engages in sustainable tourism. When you do, you can not only make arrangements for a safari, but you can also volunteer a few days or a few weeks of your time to help with construction, health care, conservation, or teaching.

Holidays that combine a safari with volunteer work give you a unique perspective on African culture and allow you to come home with a sense of satisfaction for your contributions to a grand and wondrous continent. There's no better feeling in the world!

The global supply of manganese ore

The markets in context 

An in depth analysis of the manganese ore production over the next five years seem to indicate that conditions will continue to remain very favorable for the producers of such manganese ore. There are several reasons why it could be expected that prices which will be paid for such manganese ore will continue to remain on favorable levels. There has been a slight decline in the quality of manganese ore and this is forcing steel producers to make use of more blending and this is why they are more than willing to pay higher prices for high grade manganese ore. The focus seems to be on the variety of several grades of stainless steel and not so much on the general steel production and this is why the demand for nickel as well as manganese alloys will continue to increase. There has been an increase per capita in the developing worlds because of higher population numbers and therefore a reduction in the demand for manganese is very unlikely. Although there has been additional sources of manganese ore that has been discovered such new sources are not adequate to satisfy the increasing demand and in most cases the cost of production are substantially higher and all of this is working in the favor of sustainable manganese ore demand.

The South African position

South Africa continues to play a very important role in the supply of iron ore and other related products. This country is still the 3rd largest exporter of iron ore to China which just proves once again the very real importance of iron ore deposits which exist in South Africa which once again emphasizes its importance as a global contributor. South Africa is still the seventh-largest producer of iron ore and for many years they had been a force to reckon with in the area of iron ore exports and such exports has increased even more because of the suspension of mining operations in India in September 2012. According to statistics South Africa has produced an astonishing 67 million metric tons of iron ore in 2013 alone. During that same time it has been established that South Africa has over 1000 million tons of crude ore reserves and they also have at least 650 million metric tons of mineable iron content reserves. This is one of the reasons was that Africa is a very important supplier of iron ore and it provides foreign steel producers with additional options when it comes to blending opportunities. A limiting factor on the amount of iron ore which could be exported by South Africa are the capacities which can could be handled on the iron ore railway lines.

The global market

It is a well-known fact that global economics will play a very important role in the actual size of the iron ore market. In this regard China will continue to be a very large factor and if their focus on urbanization continues it is also likely that the demand for steel related products will continue to be high. Unfortunately the recent economic problems had a very real impact on steel production and in many regions including Europe there had been problems and this had a very real impact on South Africa which rely on such iron ore exports to grow its economy.



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Banking Law in South Africa

by Amelia Stenson

Banking law in South Africa is effectively defined by the 1990 Banks Act and simply covers exactly what a bank is allowed or not allowed to do in the normal course of business.

Banking Legislation in South Africa is complex

There are a myriad of other complex bytes of legislation that pertain to South African banking law but these are often so multifaceted that expert advice is required from specialist banking law attorneys. Examples of added legislation that governs South Africa�s banking law are:

The Exchange Control Act

National Credit Legislation

The Financial Intelligence Centre Act

The Prevention of Organised Crime Act

Bills of Exchange Act

Leading Cape Town law firms offer a range of services pertaining to banking law, including advice on BEE specifications, advice on the acquisition of certain assets, leveraged and acquisitions finance, debt capital market and corporate bonds, structured finance, foreign representation, takeovers, insolvency and banking, and financial services regulation.

Common international banking instruments and requirements

Although banking law varies from country to country, there are a number of instruments and requirements that are applicable across the board, including:

Capital Requirement - an outline of how all banks must handle their capital in relation to their assets.

Corporate Governance � a framework intended to keep banks well managed. Specific requirements may include the bank being a body corporate rather than individually owned or in a partnership or trust. If it is incorporated locally rather than on foreign shores, the number of directors is limited and it has a structural organisation that includes offices and officers.

Credit rating requirements � the vast majority of international banks are required to obtain and maintain a minimum credit rating from an approved credit rating agency and to willingly disclose this to investors and prospective investors.

Reserve requirement � the minimum reserves the banks must hold to demand deposits and bank notes. This requirement is no longer about client safety but more about liquidity.

Financial reporting and disclosure requirements � all banks are required by law to prepare annual financial statements acceptable to a financial reporting standard, to have them independently audited and to open them to public scrutiny.

The objectives of Banking Law

In this day and age when leading international banks are hitting the skids, the objectives of banking law are all the more important. There are five primary objectives:

To be prudent with a depositor�s money by reducing the risks bank creditors are exposed to

To avoid the misuse of banks by criminal elements

To protect the confidentiality of banking and banks

To direct credit to preferred sectors

To ensure systematic risk reduction

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Article Source: http://www.articlesphere.com/Article/Banking-Law-in-South-Africa/177483