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COIDA: It's not just an acronym, it's your safety net. If you have employees, this is non-negotiable. We break down exactly what it is, why it matters, and how it protects YOUR business. No confusing legal jargon, just straight talk with Lerato from Modise Training Academy. Watch now before you need it! #COIDA #SmallBusinessSA #EntrepreneurLife #BusinessEssentials #startuptips
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A COIDA Letter of Good Standing is an official document issued by the Compensation Fund in South Africa under the Compensation for Occupational Injuries and Diseases Act (COIDA). Here’s what it means and why it matters: ✅ What is it? It’s proof that your business: Is registered with the Compensation Fund Has paid all required annual assessments Is compliant with COIDA regulations 💼 Why do you need it? To legally operate in many industries (especially construction, engineering, manufacturing) To
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