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North West Business 2017 edition

The 2017 edition of North West Business is the seventh issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide to the North West Province. North West Business includes news and analysis of the most important economic sectors, and interviews with some of the province’s active business leaders and investors.

The 2017 edition of North West Business is the seventh issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide to the North West Province.
North West Business includes news and analysis of the most important economic sectors, and interviews with some of the province’s active business leaders and investors.

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OVERVIEW<br />

supporting small and emerging<br />

enterprises in the <strong>North</strong> <strong>West</strong><br />

province.<br />

The Kgatelopele Wellness<br />

Centre in Mahikeng has not only<br />

became a viable business, employing<br />

100 people, but provides<br />

a critical service ranging from<br />

therapy to the treatment of acute<br />

ailments. An initial loan of R34-<br />

million from the IDC helped and<br />

advised a local clinical psychologist<br />

in successfully teaming up<br />

with the hospital management<br />

group CareCure. Jobs that have<br />

been created range from porters<br />

and nursing staff to occupational<br />

therapists.<br />

PrimaBake makes eight kinds<br />

of biscuits in Potchefstroom. The<br />

IDC’s initial investment in construction<br />

costs, machinery and<br />

delivery vehicles for this bakery<br />

was strategic in the sense that<br />

the biscuit market is somewhat<br />

dominated by a few big companies.<br />

The IDC has also played an<br />

advisory role for the company.<br />

The Booth Suite Hotel is a family<br />

project that drew the support<br />

of the IDC for a self-catering facility<br />

aimed at the business traveller<br />

in Mahikeng. The Bootha siblings,<br />

Shaah, Farzeen and Saffiyah, two<br />

of whom are chartered accountants,<br />

qualified for the Gro-E Youth<br />

scheme which supports young<br />

entrepreneurs.<br />

The Bio-manufacturing<br />

Industry Development Centre<br />

(BIDC) is a unit of the Council for<br />

Scientific and Industrial Research<br />

(CSIR) which is helping innovators<br />

and entrepreneurs get their<br />

products to market. Elvema<br />

Nutritions instant porridges<br />

and power shakes are made by<br />

entrepreneur Makekele Somo-Tladi at her plant near the Hartbeespoort<br />

Dam. With the help of the BIDC, 31 employees have shipped 500 tons<br />

of porridge to other countries in Southern Africa and a further 250<br />

tons in South Africa. She also makes oils and teas, 300 tons of which<br />

has already been produced.<br />

The Small Enterprise Development Agency (Seda) is a subsidiary<br />

of the National Department of Trade and Industry (dti) and is one<br />

of the most active agencies in supporting entrepreneurs. The Seda<br />

Technology Programme (Stp) helps potential businesses become<br />

trading entities.<br />

Seda has initiated a programme designed to make co-operatives<br />

and jointly owned enterprises stronger. The four key sectors are: agriprocessing,<br />

community tourism and protected areas, mining and mineral<br />

beneficiation, and trading. The agency supports businesses across<br />

a range of sectors, from transport to jewellery design and manufacture.<br />

The <strong>North</strong> <strong>West</strong> Development Corporation (NWDC) is the economic<br />

development agency of the province. Among the NWDC’s services is<br />

helping SMMEs gain access to funding and providing the infrastructure<br />

(offices or factory space) to help them succeed. The NWDC also helps<br />

start-up businesses identify markets and opportunities.<br />

A private initiative that is creating employment is Anglo American’s<br />

Zimele: it has launched more than 900 businesses across the country<br />

with a combined annual turnover approaching R2-billion. There are<br />

small business hubs at Rustenburg, Mogwase and Thabazimbi.<br />

Royal Bafokeng Platinum is supporting a project to boost the<br />

business skills of entrepreneurs. The Micro Enterprise Development<br />

Organisation (Medo) is sending a mobile office to 29 villages within<br />

the Royal Bafokeng Nation.<br />

Shanduka Black Umbrellas has an incubator in Mooi Nooi, near<br />

Marikana. One of the success stories from that area is Montamaisa<br />

Bosigo Transport, which has expanded his business beyond being a<br />

taxi and now does staff transport and courier services. The business<br />

owner credits the training given him by Shanduka for his progress.<br />

ONLINE RESOURCES<br />

Development Bank of Southern Africa: www.dbsa.org<br />

Industrial Development Corporation: www.idc.co.za<br />

National African Federated Chamber of Commerce and Industry:<br />

www.nafcoc.org.za<br />

National Department of Small <strong>Business</strong> Development:<br />

www.dsbd.gov.za<br />

National Department of Trade and Industry: www.dti.gov.za<br />

National Empowerment Fund: www.nefcorp.co.za<br />

<strong>North</strong> <strong>West</strong> Development Corporation: www.nwdc.co.za<br />

Small Enterprise Development Agency: www.seda.org.za<br />

Small Enterprise Finance Agency: www.sefa.org.za<br />

45 NORTH WEST BUSINESS <strong>2017</strong>

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