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In this issue of Hospitality Business Hub, the members of HPASA discuss hard-hitting
topics that affect those of you in the business
of hospitality. Read these articles and more via
our highlights below.
We look forward to serving your local
and worldwide hospitality needs.
Yours in Hospitality,
The Hospitality
Partners Association
www.hpasa.com
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Hospitality
Trends |
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HARD-HITTING
INTERVIEW ON STATE OF THE HOSPITALITY
INDUSTRY IN SOUTH AFRICA
Hotels
Magazine's Editor Jeff Weinstein
interviews Pam Golding Hospitality’s
Joop Demes (jd) and Kamil Adul-Karrim
(kk) on 30th August 2011 on
the state of the hotel industry
in South Africa. This is a must-read!
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Financial |
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DON’T
GET CAUGHT OUT. RETENTION PERIODS
FOR ACCOUNTING DOCUMENTS
Due to various legislative requirements,
documents should be retained
for a certain period, depending
on the legislation. It is important
to retain documents as prescribed
by the relevant legislation
to avoid being guilty of an
offence. Get a summary of
the ACTS and the retention period
for each ACT here. |
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Read
more |
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THE
MEMORANDUM OF INCORPORATION
– WHEN AND HOW?
With the Company’s Act
of 2008 having come into effect
on 1 May 2011, companies are
faced with a number of challenges
regarding compliance with the
numerous new provisions of the
Act. One of these challenges
is certainly the Memorandum
of Incorporation. |
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Immigration |
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SA
IMMIGRATION DEPARTMENTS STEP
UP THEIR GAME
We have noted recently
that certain processes have
become more formal and strict.
While it feels, at times,
as if this is new red tape,
it is merely the current laws
being put into practice. Maybe
we had it too easy before?
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Legal |
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IS YOUR ZONING REALLY IN ORDER?
Long usage cannot condone
zoning contravention - In the
hospitality industry, zoning
issues are a real concern. Whether
you are running a restaurant,
bed and breakfast, hotel or
other business from a premise,
the property must be zoned for
such use. |
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LEGALLY
SPEAKING – SNIPPETS
OF LAW
Can the NCA apply to a property
sale? Children owning land?
Check title deed conditions,
or face delays! Short thought-provoking
snippets of law to keep you
informed, allowing you to
best keep up to date with
industry advances. |
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Risk |
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INSURANCE
AND THE COMPANIES ACT
The introduction of
the revised Companies Act and
the advent of the King III Code
on Corporate Governance has
necessitated that companies
review their insurance cover,
specifically with regard to
Directors and Officers liability.
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Properties |
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A
wide selection of Lodges, Guesthouses
and Hotels available
Here you will find the most
recent hospitality properties
on offer through Pam Golding
Hospitality. |
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Are
you an investor who is keen to explore business opportunities
in the African hospitality sector, or perhaps a hotel developer/operator
seeking a business partner. It could also be that you
generally follow global trends in hospitality, and are interested
in knowing more about the sectors’ future prospects. If
this sounds like you, then talk to our HPASA partners. HPASA partners
offer world class, turnkey solutions to the business of hospitality.
Click here to find out more
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Hospitality Business Hub is the
newsletter of the Hospitality Partners Association, a partnership of
5 highly respected companies and individuals, all of whom have proven
themselves leaders in business and in the hospitality sector and as
a partnership can offer turnkey solutions to all small and large hospitality
and tourism businesses in SA from local and international
investors and
Hotel Operators worldwide. |
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HPASA, Monterey, 12-14 Klaassens Road, Bishopscourt,
Cape Town, 7708,
South Africa
Copyright on all information 2011 by Hospitality Partners
Association
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