What Does CAPEX Mean?


  NDBS Reader

Posted: May 24 2013


  NDBS Answer:

 

Capex simply means Capital Expenditure.  It is when the company use the company funds to expand business by buying machinery for operational purpose or upgrade infrastructures that will enhance productivity.  

 

 

 

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  What Is Value In-Kind?

 

 

 

Alex Matlotlo, South Africa

I was going through sponsorship proposal of one company then came accross the Value In-Kind.  Please help me understand it.

Posted: May 18 2013


  NDBS Answer:

Value-in-kind (VIK) is a type of sponsorship where the sponsor to a project may bring goods or service than cash contribution and that which is bought will be given monetary value as contribution.  Sponsors use this kind of sponsorship to save as they are able to source goods at the lesser price yet still give the product the value that was required.  

 

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  What Is A Clear Definition of Business Rescue Plan?

NDBS Reader

Posted: May 09 2013


  NDBS Answer:

Business Rescue Plan is the process whereby a company is placed under supervision once the Board of Directors passes resolution and there must be proof that the company is under financial stress.  During this process the creditors cannot take the company to court or apply for company liquidation.  It is during this process that the Business Rescue Practitioner can come with turn-around strategy or look for investors who will guarantee payments to creditors or guarantee sustainability and profitability of the company.

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  What does Code-Sharing Mean?

NDBS Reader

Posted: May 07 2013


  NDBS Answer:

This is an agreement between two or more air lines, whereby the carrier operating a given flight allows one or more other carriers to market this flight and issue tickets for it as if they were operating the flight themselves. In practice, these other carriers add their own carrier designator code and flight number onto that of the operating carrier.  

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  What is Fractious Labour?

Carlos Steenkamp , South Africa

Posted: May 01 2013

Good Day, I read in the news about Mercedes Benz’s intention to expand its manufacturing  in South Africa but wary of labour ructions and fractious labour dymanics.  Please explain what fractious labour refers to.  

 

  NDBS Answer:

Fractious, simply put, mean unruly behavior or difficult to control.  Within this context,  South Africa has experienced unprotected and uncontrolled strikes by union members and such strikes affect company  production hence referred to as fractious labour dynamics by Mercedes Benz.  

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  What Does Dig-Out Port Mean?

Judith Magagula , South Africa

Posted: April 30 2013

I was reading the news that Transnet is to build a Dig-out Port in Old Durban International Airport.  How does that affect residential area and what exactly this dig-out port is all about?

  NDBS Answer:

Dig-out is a word used for removing of something that may stand in the way; in this case dig-out Port refers to building or creating a channel for ship docking and container terminals,  and for that to take place some property must be removed which are next to the sea to make way for the port.   

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  What Is Inflation In Plain English?

George Lumumba , Zambia

Posted: April 27 2013

Please Explain to me Inflation in lay man’s term as this word is in everybody’s lips but when one ask exactly the meaning it takes 10 minutes for one to explain and I end up confused.

  NDBS Answer:

A general increase in prices and fall in the purchasing value of money.  That is the straight forward explanation.  The money that you have become less in value as instead of buying two items you now get one item.  That is the simplest explanation.

 


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