Cova Advisory is your one stop shop for SEZ investors looking for advice on government incentives, energy efficiency, carbon and customs. Cova Advisory is a specialist professional advisory firm... 

The South African Revenue Services (SARS) is starting audits on Carbon Tax in terms of Section 101 of the Customs and Excise Act. This is a new process for SARS, so it is vital that clients are... 

Cova Advisory, an investment consulting firm, has just held two masterclasses on key elements of the SA investment landscape – Investment Grants and Incentives and Special Economic Zones (SEZs).... 

The guidelines for the 2021-22 Clothing, Textiles, Footwear and Leather Growth Programme (CTFLGP) have been recently published. The programme is OPEN for applications and the guidelines are... 

Cova Advisory is to sponsor and will participate in the Manufacturing Circle's Electricity forum on the 19th and 20th of October 2021. 

Cova Advisory is joining forces with Tshwane's Capital City Chamber (CCBA) to host a webinar on energy security and incentives - to be held on October the 21st. 

3– 5 November 2021 MOVING ON: RESILIENCE WITH ENERGY EFFICIENCY 

Under the Customs and Excise Act, all Carbon Tax license holders are required to renew them 30 days before expiry. Current licenses expire on the 31st of December 2021. SARS has advised that the... 

Ignoring moves by the world’s biggest economies to decarbonise threatens to hamper South Africa’s economic growth. We need to urgently turn our vicious cycle of deindustrialisation and unemployment... 

Cova Advisory, an investment consulting firm, has just held two masterclasses on key elements of the SA investment landscape – Investment Grants and Incentives and Special Economic Zones (SEZs).... 

The 12 special economic zones (SEZs) in South Africa remain relatively attractive destinations owing to the financial and non-financial incentives and support services they offer to specific... 

Cova Advisory's Duane Newman and Fungai Blake present an overview of SA's Investment Grants and Incentives, for businesses with comments and analysis on the current offerings. Click here to access... 

Cova Advisory will give an on-line briefing to JCCI members on government investment grants and incentives.It will be held at 10 am on the 14th of September. CLICK HERE TO REGISTER 

Cova Advisory will be a sponsor of the 2021 SAIT Tax Indaba on the 20th/22nd of September. Associate Director Caroline Rheeder will be participating, speaking on trade matters. About the Tax Indaba: 

Cova Advisory is to sponsor and will participate in the Manufacturing Circle's Electricity forum on the 28th and 30th of September 2021.   

MOVING ON: RESILIENCE WITH ENERGY EFFICIENCY The 16th annual SAEEC Conference 3-5 November 2021 will be a virtual event and is looking forward to your participation. The theme for the 2021... 

South African manufacturing industry and the Industrial Development Corporation, have launched a first-of-its-kind initiative to boost manufacturing by catalysing the initiatives required to tackle... 

Carbon Budgets are currently still a voluntary process where companies still have the choice to participate in this process. If they do participate they receive a carbon budget allowance to reduce... 

The Department of Trade, Industry and Competition (DTIC) has launched a new incentive programme, the Critical Infrastructure Reconstruction Programme (CIRP), to support enterprises that were... 

by Dylan Jessup The automotive industry is very well aware of the benefits which have been on offer through the Automotive Production and Development Programme (APDP) and now through its successor,... 

Economic Relief Package for companies and employees Two distinct economic relief packages have been announced by national government. One to support business and one to support employees directly.... 

Would you like to contribute to the recovery efforts which are underway after the unrest and looting in July? Do you have customers or suppliers that were negatively impacted? Would you like to... 

The National Treasury and the South African Revenue Service (SARS) published draft tax bills on the 28th of July for public comment, comments are due by the 28th of August 2021. These draft tax... 

Cova Advisory will be a sponsor of the 2021 SAIT Tax Indaba on the 20th/22nd of September. Associate Director Caroline Rheeder will be participating, speaking on trade matters. About the Tax Indaba: 

Cova Advisory is to host a webinar on the 26th of August on the nuts and bolts of accessing SEZ & IDZ benefits. Cova is a majority black-owned consulting firm (level 2 B-BBEE) that has positioned... 

In his address on Sunday the 25th of July, President Cyril Ramaphosa announced a range of measures to support the recovery of the economy which has taken a knock from both the COVID-19 lockdown... 

Has your business been impacted by the unrest? The Department of Trade, Industry and Competition (dtic) is running a survey to understand how companies have been affected by last weeks unrest to... 

If you had goods in a bond store or any other Customs warehouse and they were looted or destroyed, you may be able to recover certain customs and excise duties and VAT on both locally-manufactured... 

The Minister of Employment and Labour signed a Direction on the 16th of July 2021 to make it possible for the Unemployment Insurance Fund (UIF) to implement a third extension of the Covid19 TERS... 

National Treasury published the amended carbon offset regulations on 8 July 2021. The main changes to the regulation include: Credits from projects (registered before 1 June 2019) will be eligible... 

UIF Contributions are calculated at 2% of an employee’s remuneration for UIF purposes, split evenly between the employee and employer, i.e. 1% contributed by the employee and 1% contributed by the... 

Amendments to the Customs and Excise Act were gazetted on Friday 25th June 2021 which finally allow for the implementation of Phase 2 of the Automotive Production and Development Programme (APDP2).... 

Key technologies, such as automation and the automatic control of systems, are transforming industries, enabling companies to remain competitive in a global market, says South African Council for... 

By Blake Fungai – Manager at Cova Advisory President Cyril Ramaphosa has done well in building bridges with the private sector after many years of fractious relationships between business and... 

A recent webinar on supplier development, hosted by Cova Advisory, advised that South Africa has one of the highest failure rates of small enterprises in the world, with five out of seven start-ups... 

Khaya Sithole of Power Business interviewed Cova Advisory's Tumelo Chipfupa on finding the right funding model for small businesses. Click here to listen to the podcast. 

It is expected that SA will see more ‘lobby-type’ anti-dumping and tariff investigations as government becomes more supportive of protecting the local economy, says Caroline Rheeder, associate... 

A recent webinar on supplier development, hosted by Cova Advisory, advised that South Africa has one of the highest failure rates of small enterprises in the world, with five out of seven start-ups... 

By Moeketsi Marumo – associate director at Cova Advisory The SA economy is set to grow in 2021. A bit. Recently, Rand Merchant Bank forecast a GDP growth rate of 3.3% for 2021, not enough to... 

Automotive Investment Scheme 2 - Draft Guidelines The Department of Trade, Industry and Competition has released the draft Automotive Investment Scheme 2 (“AIS2”) guidelines for comment. The... 

Moneyweb's Simon Brown speaks to Cova Advisory's Zelda Burchell on how green projects can be used to offset liability or to generate income. Click here for the podcast. 

Cova Advisory is to host its next webinar on the topic of blended finance, with a focus on supplier development. It will be held on the 21st of April at 10.00am.