WEBINAR: Optimising the Foreign Exchange Function of your Business

WEBINAR: Optimising the Foreign Exchange Function of your Business

Join Exporters Eastern Cape and Offshore FX on Thursday, 25 June 2020 at 11:00 for a discussion on optimising the foreign exchange function of your business and conducting sound financial management principles during uncertain times.

The webinar will touch on:

  1. The importance of optimising the foreign exchange function of your business. Covering important treasury functions like maximising profit on foreign exchange payments, having more control on your payment processes, hedging and exploring if your bank is the right fit for your FX needs.
  2. Sound financial management: Manage cashflows to maximise profitability; Plans to manage cashflow deficits and surpluses; Are cashflow risks properly managed – forex exposure, major debtor exposure, lender covenants; Plans to fund growth and expansion.

 

The webinar will be conducted by:

Andre Claassen, founder of Offshore FX with over 15 years experience in forex and treasury outsourcing. Offshore FX is a boutique multi-banked foreign exchange service provider and works with importers and exporters of all sizes.

Dean Meyer, B.Comm CA (SA), over 25 years experience as a CFO in South Africa and abroad.

 

Topic: Optimising the foreign exchange function of your business and conducting sound financial management principles during uncertain times.

 

EVENT DETAILS:
DATE:       Thursday, 25 June 2020
TIME:        11:00
VENUE:    https://event.webinarjam.com/register/18/vyprgu9 

Click on the button below to register.

Annual General Meeting 2020

Annual General Meeting 2020

Notice of 40th ANNUAL GENERAL MEETING to be held on Thursday, 9th July 2020 at 16h00

 

Dear Member

Notice is hereby given of the 40th Annual General Meeting of Exporters Eastern Cape, to be held at Port Elizabeth, on Thursday, 9 July 2020 at 16h00.

Furthermore, we would welcome your nominations for appointments to the committee signed by yourself as the Proposer and the Nominee as acceptance, together with a Seconder of your proposal (nomination form attached).  Such written nomination, duly seconded should be sent to the Branch Coordinator by no later than 7 July 2020. The Nominee, by signing the acceptance, agrees to comply with the roles and responsibilities set out in the attached.

The committee will be elected at the Annual General Meeting. The office bearers will be elected by the committee at the first committee meeting subsequent to the Annual General Meeting.

 

TOPIC: Guidelines for sustainable success in an exceedingly tough business environment

We invite you to the 40th Annual General Meeting of Exporters Eastern Cape and look forward to your attendance with special guest speaker, Brand Pretorius, former Managing Director of Toyota SA Marketing and CEO of McCarthy.

Brand Pretorius will touch on the likely business environment post Covid-19 and provide an outline of the key challenges. What will be the critical attributes and skills we need? Brand will also share ten guidelines for sustainable success. These guidelines will be based on the lessons he learnt during his career in business spanning 47 years which include practical advice with an emphasis on the requirement for effective leadership and what it entails.

 

Thank you to First National Bank for sponsorsing the 40th Annual General Meeting.

 

DATE:              Thursday, 9th July 2020

VENUE:           Online – Link to be shared upon RSVP

TIME:               16H00 SHARP

RSVP:              Email info@exportersec.co.za by Tuesday, 7 July 2020 if you will be attending or send through proxy votes

For any enquiries contact Suzanne Vermeulen at info@exportersec.co.za or the Chairman, Quintin Levey at 083 459 2232.

 

Download the Agenda, Proxy Form and Nomination Form below.

Eastern Cape Export Symposium – June 2020

Eastern Cape Export Symposium – June 2020

ECDC has decided to continue with the Export Symposium, Exhibition and B2B online and plan to host the event over a four day period (19 June; 23 – 25 June) with the most significant aspects of the programme delivered in parts or “pockets” to the audience.

Download the revised programme below.

Join the Virtual Symposium by signing in for the presentations and panel discussions in the specific time slot indicated on the attached programme. After each presentation 15 minutes will be dedicated to a question and answer. Thereafter online B2B scheduled meetings will resume.

Register now at www.ecexportsymposium.co.za.

Vehicle export numbers are anticipated to start gaining momentum again

Vehicle export numbers are anticipated to start gaining momentum again

Although export sales, at 10 819 units, registered a big fall of 19 333 units or a decline of 64,1% compared to the 30 152 vehicles exported in May last year, this was an improvement on April 2020 considering that many of the vehicle manufacturers will only commence production in June 2020.

The performance of vehicle exports over the course of 2020 remains linked to the duration of the Covid-19 pandemic and its impact on the global economy. With all the OEMs gearing up for full production from 1 June 2020 onwards and with the domestic automotive industry’s major export destinations starting to ease their lockdown restrictions, vehicle export numbers are anticipated to start gaining momentum again.

The sector continues to take the health and safety of all its employees, suppliers, contractors, and partners very seriously and the systems we have put in place are not only robust but effective in assisting us to manage the risk of infection across the entire manufacturing environment.

Download the full NAAMSA media release below as well as the May 2020 Industry New Vehicle Sales.