HOW TO RECOVER THE ECONOMY

HOW TO RECOVER THE ECONOMY

We hope that you have been well during these strange and confusing times.

We hope and believe that everything will be back to normal soon and that we will be allowed to get the economy going again. We are positive about the future and believe that there are many opportunities, new and existing, which will be realised as soon as the lockdown is something of the past.

In order to stimulate the economy, existing businesses will have to start trading as soon as possible. A hairdresser or a plumber cannot stop doing what they are best at doing and we trust that they will soon open up their
businesses again.

In an article published in “Beeld” on 18 May 2020, Professor Jannie Rossouw predicts that it will take three to five years for small and medium enterprises to recover. The challenges will indeed be financial, and Government and Financial Institutions can only offer restricted help.

We believe that recovery can happen faster than predicted and that financial assistance, by way of a 12J Venture Capital Company, is the solution. CMV has the customer base, the knowledge, and the expertise to assist customers to recover their businesses. Helping smaller businesses, which are the backbone of the economy, will ensure job creation and economic growth. It is not sustainable for the Government to continue to provide social grants and allowances to a large portion of the population. Job creation is essential. Economic growth will follow naturally.

An investment in Perseus, CMV’s 12J Venture Capital Company, is tax deductible and will result in a tax saving of up to 45% of the investment amount. You will also receive an exceptionally good return on your investment and, in the process, promote job creation and boost the economy. This tax saving can be as soon as with your next provisional tax return, or with a consecutive annual tax return.

Perseus invests in a variety of companies in different industries, all of whom are clients of CMV. The operations of these companies will be overseen and supervised by CMV. Currently, there are few investments that deliver good returns or even any yield at all. Investing in a 12J venture capital company delivers an immediate return of at least 18% by means of the tax saving. Once-off or monthly investments can be made, from as little as R1 000.

If you would like to take advantage of this opportunity, please contact us to arrange an appointment, or phone us if you need more information or should you wish to discuss your specific investment and return opportunity.

We look forward to hearing from you.

This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice. Errors and omissions excepted (E&OE)