Gauteng Business 2017-18 edition
Gauteng Business 2017/18 is the ninth edition of this highly successful annual journal, that has established itself as the premier business and investment guide for the Gauteng province. Special features for 2017/18 include a focus on major new developments in the region’s metros, complemented by detailed overviews of the main economic sectors in South Africa’s most important provincial economy.
Gauteng Business 2017/18 is the ninth edition of this highly successful annual journal, that has established itself as the premier business and investment guide for the Gauteng province. Special features for 2017/18 include a focus on major new developments in the region’s metros, complemented by detailed overviews of the main economic sectors in South Africa’s most important provincial economy.
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<strong>2017</strong> marks the tenth anniversary of the Masisizane Fund.<br />
Established as an initiative of Old Mutual South Africa in<br />
2007 following the closure of the Unclaimed Shares Trust,<br />
the Fund has made good inroads in fulfilling their mandate<br />
to contribute meaningfully to employment creation, poverty<br />
eradication, the reduction of inequality, economic growth<br />
and attraction of investments.<br />
In 2016, loans to the value of R26.3 million were approved<br />
for the <strong>Gauteng</strong> region alone, creating 201 jobs. 65.8% of<br />
these loans were given to male owned businesses, 29.7%<br />
to female owned and 4.5% to youth owned businesses.<br />
The Masisizane Fund offers tailored integrated and flexible<br />
financial and non-financial solutions including financial<br />
education, capacity development and mentoring support.<br />
“We take time to fully understand each enterprise’s needs,<br />
challenges and characteristics. The understanding and the<br />
partnerships it creates with small business owners adds<br />
value and offers innovative enterprise<br />
finance models aimed at ensuring<br />
long-term enterprise growth,<br />
sustainability and development<br />
impact” says Nandi Gaqa,<br />
Provincial Manager,<br />
Central Region.<br />
Nandipa Gaqa,<br />
Provincial Manager<br />
Central Region<br />
A Masisizane Client Competition was<br />
launched in the second half of 2016<br />
to celebrate outstanding achievements<br />
by our clients. This competition<br />
comprises of five provincial events<br />
followed by a national event in July<br />
<strong>2017</strong> where we will celebrate our<br />
10th anniversary and announce<br />
the overall national winner of the<br />
competition.<br />
CTU Manufacturing Co-operative<br />
(CTU) left the 2016 <strong>Gauteng</strong><br />
competition with three of the five<br />
awards. CTU Manufacturing Cooperative<br />
won the Best Female<br />
Owned <strong>Business</strong>, Best Employer of the<br />
Year and <strong>Business</strong> of the Year awards.<br />
CTU was registered in 2009 and is<br />
a business 100% owned by black<br />
women. The business is managed by<br />
Nonhlanhla Mphachoe and Busisiwe<br />
Bhengu who are seasoned business<br />
women and operates from premises<br />
in Doornfontein in downtown<br />
Johannesburg. CTU specialises in<br />
manufacturing hospital clothing,<br />
linen and medical accessories. Their<br />
range includes bed sheets, night<br />
dresses, theatre gowns, lab coats,<br />
pillow cases, maternity tops, towelling<br />
gowns and pyjamas amongst others.<br />
The business has sustained and built a
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