Monthly Archives: November 2017

Transnet Need contract drivers with code 10

This advert is open for application by external
applicants. Equity Statement :Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division. Applicants that are interested in applying for any of the advertised positions must apply by registering on the Careers section of the Transnet Internet. Please take care in completing all required details on the profile, and then apply for the position. Alternative Application Methods: (Completed Curriculum Vitae to be submitted) Post : E-mail : Human.Resources2@transnet.net Fax : The closing date is on 08.12.2017. It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement. Note: if you have not been contacted within 30 days of the closing date of this advertisement please consider your application as unsuccessful. Any questions regarding the application or recruitment process should be sent in writing to KHOLIWE.NOGQALA@TRANSNET.NET. We urge all our employees, clients, members of the public and our suppliers to report any kind of fraud or corruption at Transnet. Call the hotline toll free number: 0800 003 056 or email Transnet@tip-offs.com Operating Division : Transnet NPA Position Title : Contract Drivers X 6 Employee Group : Non Permanent Department : F&B, Operations Planning, NGQ Location : Ngqura Reporting To : Chief Marine Eng Officer – Maint Plan

Grade Level : HRLYK2 Reference Number : 10155919 Position Purpose : Safely transport workmen, material and equipment to and from work sites, and transport routes to minimise delays Position outputs : Perform daily tasks on vehicle to ensure that assets are kept in a good working condition.

Receive instructions from supervisor, transport equipment, material and employees, proceed to different work sites.
Transport employees during breaks to Clinic and back. Update trip logbook and secure vehicle. Keep vehicle clean hygienic and roadworthy. Mail delivery Transport employees to and from work on the worked out routes before and after shifts Qualifications & Experience : Grade 12 PLEASE NOTE: Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056. Valid Code 10 Drivers licence Valid Public Driving Permit Competencies : Knowledge Daily Task Procedures Road Traffic Rules Documentation (Logbook) (Accident Report) Skills Interpersonal skills Communication (Verbal & Written) Driving Code 10 Manual

Transnet Train Assistant Training Jobs

This advert is open for application by external applicants.
Equity Statement :Preference will be given to suitably qualified Applicants who are members of the
designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating
Division.

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Applicants that are interested in applying for any of the advertised positions must apply by registering on the Careers section
of the Transnet Internet. Please take care in completing all required details on the profile, and then apply for the position.
Alternative Application Methods: (Completed Curriculum Vitae to be submitted)
Post :
E-mail :

The closing date is on 08.12.2017. It is the responsibility of the applicant to ensure that HR has received the application
before the closing date of the advertisement.
Note: if you have not been contacted within 30 days of the closing date of this advertisement please consider your
application as unsuccessful.
Any questions regarding the application or recruitment process should be sent in writing to
GRACE.FELBROOK@TRANSNET.NET.
We urge all our employees, clients, members of the public and our suppliers to report any kind of fraud or corruption at Transnet. Call the hotline toll free number: 0800 003 056 or email Transnet@tip-offs.com
Operating Division : Transnet Freight Rail
Position Title : Trainee Train Assistant
Employee Group : Trainee
Department : IO-OPS-EXEC-TCM-Team 1-SLJ
Location : Saldanha
Reporting To : Section Manager: Train Traffic
Grade Level : SSTFT
Reference Number : 50011095
Position Purpose :
• To assist the Train Driver in the movement of the train and to convey information to the client centre and route to enhance
the safe, fast movement of commodities.
Position outputs :
PREPARED LOCOMOTIVE
• Obtain and place equipment on train (± 15kg)
• Check and supplement prescribed equipment i.e. pantograph hook stick (± 5kg), jumper cables (± 10kg) etc.
• Coupled locomotive (multiple set) through air and vacuum hoses, jumper cable and ensure correct functioning of automatic
between locomotives
PLEASE NOTE: Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any
suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056.
• Dispatch locomotives, operating hand operated points
• Attached and/or detach vehicles according to works order in absence of yard personnel (Equivalent of 45kg)
• Mount telemeters (where necessary) i.e. mount (front unit = 5.17kg) (rear unit – 8.06kg)
• Remove and carry train indicators to last vehicle and mount (side and rear indicators) (± 10kg) Required to board vehicle to
effect proper mounting
• Examining of train as prescribed
ASSISTANCE AND ROUTE
• Verbal exchange of signal positions
• Observe proceeding trains
• Patrol locomotives (walking through corridors of electric locomotives using extended foot plate and hand rails at speeds up
to 40km/h; walking on running board of diesel locomotives and stepping over to another locomotive at speeds up to 40km/h;
manual operating of circuit breakers while locomotive is in motion)
• Protect train during incidents, accidents, etc.
• Be prepared to walk relatively long distances to check train loads (day and night)
• Determine status of train, placing and securing of detonators on rail, displaying hand signals day and night, walking on
uneven ground, ability to withstand natural elements.
• Assistance to Train Driver during emergencies (in event of Driver failure to bring train to standstill; walking long distances to report positions, and requirements)
• Attach/detach trucks as per works-order (manual application of equipment; standing of vehicle walking alongside moving vehicles)
• Obtain radios/handsets/two way communication radios/telemeters when applicable (carrying of communication equipment and place on footplate or mount on vehicle)

Fax : 0117730778

PREPARED COMMUNICATION EQUIPMENT
• Obtain radios/handsets/two way communication radios/telemeters when applicable (carrying of communication equipment and place on footplate or mount on vehicle)

SHUNTING MOVEMENTS/STABBLED TRAIN/LOCOMOTIVE
• Assist the Train Driver by applying hand brake
• Secure as prescribed (applying hand brakes and placing of scotch blocks in front wheels
• Store tools and equipment (remove kit-box from locomotive and store away)
Qualifications & Experience :
• Grade 12 with Mathematics
• At least 1,6 meters tall
• Visual acuity
• Physically able to lift and carry objects (be prepared to be subjected to assessment of physical abilities
Competencies :
Knowledge Required:
• Applications must have the potential and attributes necessary to be trained to efficiently and safety perform the task of a Train Assistant and to be trained as a Train Driver. Applicants must however process the following:
o Psycho motor
o Depth Perception
o Communication (reading, written and verbal)
Behavioural Attributes:
• Safety conscious
• Environmental awareness
• Conscientious
PLEASE NOTE: Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any
suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056.
• Prepared to work overtime
• Prepared to work shifts
NB: The candidate must meet the minimum inherent health requirements of the job.

Online

HOW TO CHECK YOUR MATRIC RESULTS

Worried about how you’re going to check your matric results in 2018? We have each method explained here, so that you don’t need to worry. 

Matric exams are officially over, matric weekend has been celebrated and now to find out the matric results…The last thing you need to worry about is figuring out HOW you’re going to check your results as soon as they’re released. Have no fear. We’re here to help.

Four Ways to Check Your Matric Results

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1. Online

Bear in mind that website traffic will be high on the release date, so expect delayed response times.

  • Log on to the Department of Basic Education’s website here.

You will need the following to log in:

  • Exam number (don’t misplace this during the holiday!)
  • Home Language
  • Your personal details (name, surname, etc.)

If you attended a public/government school, then your results will definitely be available on this site.

2. The Newspaper

Your results will be published in the Newspaper on the day of the results release. It will be in all of the big Newspaper brands, like The RapportThe Argus and The Star.

Remember it will not be your full results. It will just state whether or not you passed and with what symbol you passed – B for Bachelors PassD for Diploma, etc.

3. Your High School

Two days after the initial results are released, your school will give you your results. This is not the official matric certificate, it’s just your results for each subject. You will be able to fetch your official matric certificate in a few months – once it has been printed in full. If you are eager about exact dates you should contact your school to find out further information.

4. Your Cellphone

You can use your cellphone (or someone else’s) to receive your results. SABC has a News Break Matric Results Service which allows you to receive your results as soon as they’re released.

Follow these steps to sign up for the service:

  • SMS your exam number and ID number to 35658
  • There is a once-off cost of R3 when you register
  • As soon as the Department releases the results – you will get your results via sms immediately
  • The IEB website and News24 will also have the results available.

You could also opt for the old-school method by giving the department a call on the day that the results are released. Just take note that a lot of matric students will be phoning to find out their results so you might wait for quite a while to get your results.

Dial 082 152 for your results.

DTI Internship Opportunities 2018/2019

The Department of Trade and Industry invites graduates to apply for internship opportunities for a period of 12 months commencing 01 April 2018 to 31 March 2019.

DTI Internship Opportunities 2018/2019

Interns will receive a monthly stipend of R6 000.00 in accordance with their highest qualification at the time of appointment.

Through the Internship Programme, the Department of Trade and Industry (the dti) is committed to providing opportunities for qualifying candidates to gain skills, knowledge and experience, whilst at the same time, positioning themselves for active and meaningful participation in the labour market.

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Aspiring Public Servants who share the vision of the dti of a dynamic industrial, globally competitive South African economy, characterised by inclusive growth and development, decent employment and equity and who value intellectual and operational excellence, as well as quality relationships, are encouraged to apply for this exciting programme.

Application Requirements

Applications are invited from unemployed South African citizens aged between 18 and 35 years, who have completed a 3-year National Diploma / Degree or an equivalent NQF Level 7 qualification in any of the fields of study listed below:

  • Economics
  • Information Systems
  • Statistics
  • Information Technology
  • Developmental Economics
  • Computer Science
  • Development Studies
  • Software Development
  • Agricultural Economics
  • Office Administration / Management
  • International Relations / Trade
  • Project Management
  • Law / LLB
  • Quantity Surveyor / Building Science
  • Internal Audit / Auditing
  • Mining Equipment
  • Accounting
  • Human Resources Development
  • Financial Accounting / Management
  • Human Resources Management
  • Management Accounting
  • Industrial Psychology / Social Work
  • Demand Acquisition Management Communications
  • Supply Chain / Logistics
  • Marketing
  • Business Administration / Management
  • Journalism
  • Public Administration / Management
  • Public Relations

Application process

Applications must either be submitted online, delivered to the dti campus or via the post.

Applications must be made on a signed Z83 form, obtainable from any Public Service department (online application has Z83 built in and does not require a separate Z83 to be completed) and must be accompanied by a comprehensive CV and certified copies of qualification (including Matric Certificate), academic record and Identity Document (scanned copies must be uploaded and attached to online applications).

Failure to provide required documents will disqualify applicants.

No late applications will be considered

With the exception of a few positions in the dti’s regional offices, the majority of the internship opportunities are based in Pretoria

It is the applicant’s responsibility to have international qualifications evaluated by the South African Qualifications Authority (SAQA).

All qualifications will be subjected to verification

Correspondence will be limited to short-listed candidates only

Closing Date 04 December 2017

Applications can be submitted:

Online at the Careers link on the dti website:

Click Here to APPLY FOR INTERNSHIP ONLINE

By post to the Registry Office, The Department of Trade and Industry, Private Bag x84, Pretoria, 0001 Hand-delivered to the dti Campus, corner of Meintjies and Robert Sobukwe Street, Sunnyside, Pretoria.

HOW TO APPLY

Click Here to VIEW INTERNSHIP DETAILS AT DTI

RTMC – ROAD TRAFFIC INTERNSHIP JOBS OPPORTUNITY TO UNEMPLOYED

Image result for traffic officer internshipInternship Programme for Human Capital, Finance, Supply Chain Management and Assets, Payroll, Training Provisioning (Norms and Standards), Training Provisioning, Law Enforcement Back Office and Road Crash Investigations Brief Description
The Road Traffic Management Corporation offers an Internship opportunity to unemployed graduates to apply in the fields that are in line with the

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Corporations core business. The Corporation is therefore inviting applications for the Internship Programme that runs for a maximum duration of twelve (12) months in the following disciplines/Fields of Study.
NB CANDIDATES MUST INDICATE THE APPLICABLE REFERENCE NUMBER IN THEIR APPLICATION!!! Detailed Description
BUSINESS UNITS REFERENCE NUMBER QUALIFICATION Human Capital x 3 RTMC/ I:HC /2017 B Degree: HRM/HRD
Finance x 3 RTMC/ I:FM / 2017 B Com Degree: Accounting/Financial Management
Payroll X 1 RTMC/ I: PR / 2017 B Com Degree: Accounting

Training and Provisioning (Norms and Standards) X 2 RTMC/ I: TPNS /2017 B Tech/Degree: Occupationally Directed Education Training and Development Practices, B Tech/ Degree: Road Traffic and Municipal Policing Management/ Law/LLB
Training Provisioning x 2 RTMC/ I:TP /2017 B Tech/Degree: Occupationally Directed Education Training and Development Practices, B Tech/ Degree: Road Traffic and Municipal Policing Management/ Law/LLB
Law Enforcement x 6 RTMC/ I: LE /2017 Bachelor of Administration/ Legal/ LLB
Supply Chain Management/Assets x 7 RTMC/ I: SCMA / 2017 Supply Chain Management Degree/BCom Accounting
Road Crash Investigation x 1 RTMC/ I: RCI / 2017 Bachelor of Administration Job Requirements
• The applicant must be a South African Citizen between the ages of 18-35
• The applicant must be an unemployed graduate whom has never participated in an Internship programme.
• It remains the responsibility of the applicant to have an International qualification evaluated by the South African Qualification Authority (SAQA). Additional Details • All successful applicants will be required to sign an Internship agreement and they will receive a monthly stipend which will be determined in accordance to their level of qualification. How To Apply
To apply please submit a letter of application (no prescribed template), the letter must clearly state the reference of the internship program being applied for. The cover letter must be accompanied by a recent Curriculum Vitae as well as certified copies of qualifications including academic transcripts and identity document. A separate application form must be submitted for each field of interest.
You can apply online, post or hand deliver to the following address: The Office of the CEO, RTMC, Private Bag X 147, Pretoria 0001 or hand delivered to Eco Origin Office Park, Block F, 349 Witch-Hazel Street, Highveld Ex 79, Centurion 0157
Online applications can be submitted via the RTMC website under Vacancies.
The RTMC reserves the right not to make an appointment. Due to the large number of applications we envisage receiving, applications will not be acknowledged. If you have not received any response from us within 3 months, please consider your application unsuccessful.
Enquiries: N Thobela at (012) 999 5200 Closing date: 14 December 2017 at 16:30 Minimum Salary 77429.26 Maximum Salary 116143.89 Currency ZAR Amount of Travel Minimum Travel Work At Home No

SITA IT Intern Programme

Closing date: 01 December 2017 at 12 Noon

Program Start Date: 02 January 2018
Duration: 12 Months

Ref: YDP1 / 2017

 Stipend: R5500 pm

SITA offers a n Internship programme targeted at unemployed graduates in the field of Information Technology and other related fields . Applicati ons are invited from interested graduates, who meet the minimum requirement s as specified in the advert and are interested in joining SITA as an employer of choice .

  • LAN and Desktop Support [x20]
  • Hosting Storage printing and Cloud Program [x34]
  • Applications Maintenance [x20]
  • Software Developers [x12]
  • Database administrators [x4]

WHO IS ELIGIBLE TO APPLY?

Unemployed South African citizens between 18 and 35 years with Bachelors degrees, Diploma /BTech in Information Technology and other identified field s indicated above may apply. Applicants should not ha ve previous working experience or have participated in any internship p rogramme . Individuals with disabilities are welcome to apply.

How To Apply

Appl icants must specify the discipline or area of specialisation they are applying for, accompanied by an updated curriculum vitae and certified copies of original qualifications, academic transcripts and a copy of SA ID d ocument.

Note: · If you do not hear from us within a month of the closing date, please regard your application as unsuccessful. Correspondence will only be limited to shortlisted candidates.

Appointment on the programme is subject to positive security c learance, verificatio n of qualifications , reference checking results and signing of a n internship contract.

Please indicate the referen ce number of this advert on your application. Applications can be forwarded using either of the following methods:

By Hand:

Level 3N
SITA Erasmuskloof
459 Tsitsa Street
Erasmuskloof
Pretoria 0001

 By Post:

Youth Development Programme
P.O Box 26100
Monument Park
Pretoria
0001

E – Mail : christinah.monageng@sita.co.za OR mpho.mashigo@sita.co.za

For any enquiries, contact Christinah Monageng (012) 482 2400 or Mpho Mashigo (012) 482 2884

Teaching Bursaries for 2018

Closing Date: 12 January 2018 (New applications)

The Funza Lushaka Bursary Programme is a multi -year programme that promotes teaching in public schools. Full cost bursaries are available to enable eligible students to complete a full teaching qualification in an area of national priority. Recipients of these bursaries will be required to teach at a public school for the same number of years that they receive the bursary.

Qualified recipients of the bursary must request placement in a province of their choice. The provincial education department (PED) concerned will determine if there is a suitable post available. If there is not, the applicant may be placed in a PED that does not have suitable vacancies.

Selection criteria include the following:

  • The applicant’s academic ability;
  • Eligibility for an approved degree or PGCE in two of the priority areas;
  • Commitment to a teaching career, which includes: interest in working with young people; enthusiasm for a professional career in teaching; readiness to face and surmount difficult challenges; and personal integrity;
  • Commitment to teach in any school to which a student may be appointed by a PED.
  • Everything else being equal, selection should favour candidates from rural areas, candidates who wish to teach in rural areas and candidates whose financial position would otherwise exclude them from enrolment for a teaching qualification.

The Priority Areas Are:

Foundation phase (i.e. Grades R-3):Foundation phase specialization in an Indigenous African Language.
Intermediate and Senior Phase (i.e. Grades 4-9):A teaching major in two of the following: Mathematics; Natural Science; Technology.
FET phase (i.e. Grades 10-12): A teaching major in two of the following: Accounting; Agricultural Sciences; Agricultural Technology; Civil Technology; Computer Applications Technology; Economics; Electrical Technology; Engineering Graphics and Design; Geography; Information Technology; Life Sciences; Mathematics; Mechanical Technology; Physical Sciences.

What the bursary covers

Funza Lushaka bursaries cover all the recipient’s essential expenses. Expenses covered include tuition, full accommodation including meals, books and learning materials, and a small allowance for monthly living expenses. The allocation to any individual student is capped at a specific value. Where the HEI charges more than the capped value the bursars will have to top up from own funds. Universities have different cost structures, so the total value of a bursary differs from institution to institution.

Conditions For Repeating A Year

The bursary period may be extended to cover one additional year in a degree programme, or the time required for completion of one additional course in the PGCE programme. Only one such extension will be granted. Funding for an additional year of study (i.e. 5th year) is not automatic and will be considered on a case by case basis. In cases where support is provided for an additional year, the service obligation for the student is extended by a year. Any additional time required will be at the recipient’s own cost. The bursary is renewable for one academic year at a time. On proof of academic success the bursary may be renewed each year until the recipient of the bursary has qualified as a teacher.

Conditions For Repayment Of The Bursary

The bursary must be repaid only if the recipient fails to qualify, fails to apply for a teaching post with a PED at a public school, fails to take up a teaching post with a PED at a public school, leaves a teaching post with a PED before the end of the contracted service period, or otherwise fails to meet a requirement of the bursary agreement.

How To Apply

You need to apply for admission to a teaching qualification (B Ed or PGCE) or a Bachelors degree (e.g. BSc, B Tech, BA) with at least one major course in a priority area at a university of your choice. Once you have gained admission at a university, you are required to apply for the bursary via this Internet website:

The bursary is awarded for one academic year at a time and, on proof of academic success, the bursary may be renewed each year until the recipient of the bursary has qualified as a teacher. The bursary holder will be required to re-apply by the end of October for the following year. Recipients of bursaries will be required to teach one year for every year for which they receive a bursary.

The myths and truth about forex trading

‘I run an online share trading platform and I don’t consider myself a forex trader. In fact, I would not want to try make a living out of forex,” says Brett Duncan, the head of retail equities at Standard Bank.

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He says that the marketing of forex trading as a way to get rich quickly is misleading.
Foreign exchange as an asset class is important because it is the most liquid and largest market, and is how money is transferred around the world.
A bank may, for example, buy and sell forex for a large importing company; the same company may be placing a large product or service order that has to be paid in a foreign currency in a month’s time and will then use forex trading as a hedge in case the rand weakens and increases the end price.
Forex trading can also be used as part of a trading strategy where your portfolio may be overexposed to one currency and you wish to diversify, or if you believe that a currency will devalue due to political or economic events.
The concept of forex trading as an investment strategy within itself has to do with the ability to gear one’s position to become one where a small movement in the currency can result in a large gain.
Say, for example, you have R10 000 and want to take a position that the rand will depreciate against the dollar.
The exchange rate is R13.50 for $1, so your R10 000 buys $740.74. If the rand falls to R14 to the dollar, your $740.74 will buy you R10 370.
On a one-to-one basis, if you bought the actual currency, that would give you a profit of R370, but, with gearing, you buy exposure to the movement of the currency, not the actual currency.
As you are only buying exposure to the currency, the broker can offer you a leveraged position where, for example, your R10 000 gives you R100 000 worth of exposure.

In this example, your rand exposure increases from R100 000 to R103 700m so your profit is R3 700. You only physically invested R10 000, so that equates to a 37% return.
If the rand strengthened to R13, your loss on R10 000 is R3 700 – more than a third of the value of your initial outlay. If the rand suddenly strengthens to R12.50, you can wipe out nearly 80% of your entire investment.
In this scenario, the gearing was 10 times the amount, but the higher the gearing, the easier it is to lose money.
The get-rich-quick schemes will often punt high gearing as a way to double your money overnight, but what they never tell you is that a single trade can wipe you out – and no one gets it right consistently.
For example, if you used 100 times gearing so that your R10 000 bought you exposure of R1 million, and the rand strengthened to R13, you would lose R37 000 – three times the amount of your investment.
In the recent Standard Bank Webtrader currency trading competition, winner Ricky Jacobsohn turned $100 000 into more than $1.3 million in just 30 days.
This is the type of headline that has given forex trading its mythical status as an opportunity to get rich.
But if you read the details, 20% of the 1 300 investors lost more than 20% of their virtual investment, and only 5% made a 50% profit.
The likelihood is that even those within the 5% would have seen their luck change if they continued to trade.
Jacobsohn acknowledged that, if he had been investing his own money, he would not have taken the gearing and risk that he did during the simulated trade.
Any real trader will tell you that spending a weekend learning the “secrets of trading” will not make you a trader, only experience will.
As Simon Brown of online financial education site justonelap.com explains, forex trading is more or less a zero-sum game – for a trader to make money, somebody needs to lose.
“It’s the most liquid market in the world and the best traders in the world gravitate to forex, so you need to beat the best. This will take time,” he says.
Duncan compares forex trading with learning to drive a car – if you try to drive a car after only reading the learner’s licence manual, you are going to have an accident.
“You need to invest a few years and education. If you are not willing to do that, you will have an accident.”
Duncan warns that, in these types of weekend courses, which can charge participants anywhere from R10 000 to R20 000, “instructors” use hindsight to convince people of how easy it is to make money.
“Hindsight is wonderful as you can show where you should have bought and sold, it is very easy to show in a demonstration,” says Duncan, who adds that what they don’t tell you is that, in reality, the currency can move in any direction.
“People often mistake luck with genius.”
Duncan adds that many of these courses or online forex platforms convince you that they have algorithms or trading systems that can beat the market.
The reality is that they are trading aggressively and closing positions daily, which just adds to the cost of trading.
“If there is a minimum trade fee of $10, that will add up every time you close or open a position. People say they have made a trading profit, but when you look at the costs, they usually haven’t,” says Duncan.
So, basically, a platform that encourages a high trading strategy is there to make money out of you.
Duncan says people also don’t understand the costs of carry, which is the interest rate you effectively pay for holding a position.
He explains that, if you take a position that the dollar will strengthen against the rand and you are paying a 10% interest rate, the rand must depreciate by more than 10% to make a profit.
There are many companies that claim to be able to guarantee returns from forex trading. They usually claim they have an algorithm or robot that allows them to do this.
The recent arrest of the founder of forex trading company Profit Trading illustrates how spurious these claims are, and that these companies are usually fronts for elaborate Ponzi schemes.

In the case of Profit Trading, an investigation by the Financial Services Board found that not one trade had been placed.
Duncan says that markets are highly efficient and even if someone has developed an algorithm, by the time it is widely marketed, the market will have discovered it and be trading against it.
Elaine Mabiletsa, who works at the JSE as a specialist on bonds, currencies and interest rates derivatives, says what investors don’t realise is that forex trading is very risky – and for every winner, there is a loser.
“Not even a bank with access to information and research consistently makes money out of trading currency. For someone to pretend they have developed a system that consistently produces profit is impossible.
“If they had, they wouldn’t be trying to sell courses and software to people – they would be too busy making billions,” says Mabiletsa.
The very nature of trading is that you win some and lose some, so a claim that a fund can deliver a constant monthly return is false and a warning sign that it is a scam. How to legitimately trade forex Get used to trading without gearing: Duncan believes that a new trader should start with geared forex – they need to first get used to trading on a non-geared basis.
“Go buy a forex exchange-traded funds and get used to it. Even add some shares and learn about trading before you have a go at forex,” says Duncan.
There are different instruments you can use to get exposure to foreign exchange without gearing, such as the Absa NewWave currency exchange traded notes, which give you exposure to dollars, pounds or euros without using your foreign exchange.
You could also invest in exchange-traded funds that invest in international indices through CoreShares. Trade virtual money first: If you insist on taking a short cut and go for geared forex trading, at least start with simulated trading.
However, only do this on a trusted platform because there are many scams on platforms that falsify your trades and make you think you are making, thereby luring you into committing real funds. Only use credible platforms: There are several credible platforms in South Africa where you can trade forex, including Standard Bank’s Webtrader, Sanlam iTrade and PSG online.
All of them use the Saxo Bank trading platform, but offer different interfaces and educational tools that can include online tutorials.
Global Trader and IG.com also offer forex trading.
Global Trader is owned by the JSE-listed Purple Capital Group and IG is a UK-listed company with offices in about 15 countries, including South Africa.
The benefit of trading through stockbroker platforms is that you also have access to international shares and exchange-traded funds.
You can build up a more holistic portfolio than just forex trading if you wish to. Educate yourself: “Making money from forex trading, indeed even making a living from forex trading, certainly is possible, but the idea of it being easy and quick is not true,” says Simon Brown.
He says that, like any skill, it takes time to learn the techniques and strategies.
“One also has to learn risk management and then the hardest part is managing the psychology – the wild emotions of fear and greed.
“Expect this learning curve to be measured in years,” says Brown, who recommends reading Trading in the Zone by Mark Douglas and Reminiscences of a Stock Operator by Edwin Lefevre.

iThemba Laboratory Bursary Programme for 2018

iThemba Laboratory for accelerator based sciences is a group of multidisciplinary research laboratories administered by the NRFImage result for iThemba Laboratory

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NRF: iThemba LABS Bursary Opportunity 2017 / 2018
The National Research Foundation (NRF) supports and promotes research and human capital development through funding, the provision of National Research Facilities and science outreach platforms and programmes to the broader community in all fields of science and technology, including natural science, engineering, social science and humanities.
iThemba Laboratory for accelerator based sciences is a group of multidisciplinary research laboratories administered by the NRF. Based at two sites in the Western Cape and Gauteng, these facilities provide for:
Basic and applied research using particle beams Particle radiotherapy for the treatment of cancer The supply of accelerator-produced radionuclides for medical and industrial applications Minimum Requirements:
Applicants must be on their second year level of study. Applicants must have attained a minimum of 60% pass in their first year. Selection of successful candidates will be strictly on academic merit. Applicants are expected to study at an accredited South African tertiary institution. Bursaries are available in the following disciplines:

ND / BTech (Mechanical Engineering) ND / BTech (Electrical Engineering) BEng (Electrical and electronic) BEng (Mechanical) BEng (Mechatronics) BSc (Computer Science) Download the application form.
Send a completed application form with supporting documents to: bursaries@tlabs.ac.za for attention Ms S Dunge. Closing date: 31 December 2017

Rand Merchant Assurance: Graduate / Internship Programme 2018

Closing Date: 21 December 2017Image result for Rand Merchant Assurance: Graduate / Internship Programme

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Rand Mutual Assurance invites applicants to apply for Internships / Graduates Programme for 2018 in  Parktown Johannesburg. The duration of this internship programme is 12 months and is commencing 01 January 2018.

Rand Mutual assurance aims to provide opportunities for qualifying candidates to gain skills, knowledge and experience, whilst at the same time, positioning the successful incumbents for active and meaningful participation in the labour market.

Qualifications and Experience required

Applications are invited from unemployed South African citizens, who have completed an NQF Level 5 qualification in any of the fields of study listed below:

  • Higher certificate in Health Care Service Management.
  • Bachelor of Oral Health Sciences
  • Bachelor of Pharmacy
  • Bachelor of Medical Practice
  • Bachelor of Nursing
  • Higher Certificate in Advertising and Integrated Communication practice
  • Marketing Practice
  • Higher Certificate in Marketing Management
  • National Certificate in Systems Development
  • National Certificate in Systems Support
  • Public Finance and Administration
  • National Certificate in Wealth Management
  • Higher Certificate in Financial Products
  • National Certificate in Banking

Knowledge, Skills and Competencies required

  • Applied Learning
  • Building Customer Loyalty
  • Contributing to Team Success
  • Managing Work (Includes Time Management)
  • Initiating Action
  • Stress Tolerance
  • Willing to learn
  • Project wide perspective
  • Team player

How to Apply

Apply Online for the Rand Merchant Assurance Graduate / Internship Programme