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Lessons from a successful seed round
6th May 2022

Local SMMEs have one of the highest failure rates in the world – with five out of seven South African startups failing within the first year, according to specialist advisory service Cova Advisory.... 


Cova Team Photo
Cova Advisory
10th December 2021

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... 


Carbon Tax audits for 2019 and 2020 tax year of assessment
15th October 2021

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 briefs investors on Incentives and on Special Economic Zones
15th October 2021

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 IDC launches the new clothing, textiles, footwear and leather growth programme
7th October 2021

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 is sponsoring the Manufacturing Circle Electricity Forum
29th September 2021

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


Cova and the Capital City Chamber (CCBA) to host a webinar on energy security and incentives
29th September 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. 


Cova to sponsor and participate in energy efficiency conference
29th September 2021

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


Newsflash: Carbon tax license renewals
29th September 2021

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... 


Eskom CEO urges electrical-equipment manufacturers to think global
21st September 2021

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 briefs investors on Incentives and Special Economic Zones
17th September 2021

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).... 


SEZs remain attractive, but embracing broader scope as energy, technology change economy
15th September 2021 By: Schalk Burger

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... 


Webinar: A guide to investment grants and incentives for SA businesses
15th September 2021

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 is to brief JCCI members on government grants and incentives
9th September 2021

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 to sponsor and take part in the SAIT tax indaba
9th September 2021

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 is sponsoring the Manufacturing Circle Electricity Forum
9th September 2021

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


Cova Advisory is to participate in and sponsor the 2021 SAEEC Conference
9th 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... 


The Manufacturing Circle and the IDC partner in launching ‘The Electricity Forum – Manufacturing Our Future’ 
7th September 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... 


Bilateral DFFE on Carbon Budget Methodologies 6 August 2021
24th August 2021

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... 


New grant launched for businesses impacted by the recent unrest
24th August 2021

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... 


Cova unlocks the Government’s incentives toolbox for SA’s component makers
24th August 2021

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,... 


Newsflash: New TERS and economic relief package released today
11th August 2021

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.... 


Support for business rebuilding following the riots
10th August 2021

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... 


Tax Law Changes
2nd August 2021

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 to sponsor and take part in the SAIT tax indaba
30th July 2021

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 Webinar on 26th August: Accessing SEZ & IDZ benefits
30th July 2021

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... 


Newsflash: Finance Minister's economic recovery relief measures
30th July 2021

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... 


DTIC survey on unrest
30th July 2021

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... 


Newsflash: Recovery of certain customs and excise duties and VAT on looted or destroyed goods
30th July 2021

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... 


TERS is extended a third time
30th July 2021

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... 


Newsflash: Amended carbon offset regulations published
30th July 2021

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... 


Newsflash: UIF contribution ceiling increase
30th July 2021

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... 


Newsflash: Automobile Production and Development Programme Phase 2 ready to go!
30th July 2021

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).... 


Tech enables global competitiveness
21st May 2021 By: Khutso Maphatsoe

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... 


Cova: a blend of private and government finance is a formula for success
3rd May 2021

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 greater partnership between corporates and the government is needed to design the right funding for small businesses
3rd May 2021

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... 


Cova: finding the right funding model for small businesses.
29th April 2021

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. 


Cova: increased focus on customs and excise policy changes
26th April 2021

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... 


Cova webinar has called for greater partnership between corporates and the government to design the right funding for small businesses
22nd April 2021

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... 


SA must stop talking about master plans and start launching incentives
21st April 2021

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... 


Newsflash: Automotive Investment Scheme 2 - Draft Guidelines
13th April 2021 By: Creamer Media Reporter

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... 


Podcast: the benefits of green projects
7th April 2021 By: Creamer Media Reporter

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. 


Upcoming Cova Webinar on Blended Finance
7th April 2021 By: Creamer Media Reporter

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. 


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John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

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Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

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GreaseMax

GreaseMax is a chemically operated automatic lubricator.

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