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SMME NEWS - MAY 2018 ISSUE

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May <strong>2018</strong><br />

Smart Xchange lauded for<br />

<strong>SMME</strong><br />

<strong>NEWS</strong><br />

3<br />

contributing to <strong>SMME</strong> growth<br />

Marvellous Zondi<br />

The Smart Xchange launched<br />

their 2017 annual review book<br />

during a stakeholder breakfast<br />

meeting at the Durban Country Club<br />

on 26 April <strong>2018</strong> by giving a much<br />

needed financial boost to in-house<br />

innovators.<br />

The Smart Xchange is an incubator<br />

whose core mandate is to provide<br />

enterprise development services to<br />

small, medium and micro enterprises<br />

(<strong>SMME</strong>s) in the Media, Information<br />

Communication Technology and<br />

electronics sector.<br />

Speaking at this event, MEC for Cogta,<br />

Nomusa Dube lauded the contribution<br />

of the Smart Xchange in grooming<br />

young people and ensuring that<br />

they are included in the mainstream<br />

economy. Dube further commended<br />

“We are very pleased that as the<br />

province of KwaZulu-Natal, some<br />

of the incubators that we are<br />

continuously doing as well to try and<br />

improve the work of the <strong>SMME</strong>s and<br />

also to try and bring particularly the<br />

young people within the mainstream<br />

of the economy but key to that we have<br />

been talking about the lack of capacity<br />

for us in the whole province to be able<br />

to reach out to as many of those small,<br />

Various stakeholder who were in attendance during the<br />

stakeholders meeting among which is, keynote speaker Mr.<br />

Barlow Manilal (Blue tie), MEC for Cogta, Nomusa Dube (cream<br />

white shoes), eThekwini Municipality Deputy Mayor, Fawzie Peer<br />

(Brown dress), Precious (Flowery dress) and Smart Xchange CEO<br />

Jonathan Naidoo (Mustard t-shirt)<br />

medium and micro enterprises , those<br />

young people who are hungry and<br />

energetic for any kind of support to be<br />

able to bring about their innovations<br />

to the mainstream of our economy”<br />

said Dube before commending big<br />

corporations who continue to support<br />

<strong>SMME</strong>s.<br />

“It is encouraging to see well<br />

established commercial businesses<br />

and institutions giving back to the<br />

communities and helping to develop<br />

our human capabilities and capital”<br />

said Dube.<br />

Among those in attendance was Chief<br />

Executive of Technology Innovation<br />

Some of the innovators who were awarded with money during the<br />

Smart Xchange stakeholders breakfast meeting.<br />

Agency (TIA) Mr. Barlow Manilal<br />

who delivered the key note address<br />

and urged the stakeholders to broaden<br />

their reach to cater for youth, people<br />

with disabilities and mostly African<br />

women.<br />

Meanwhile, the Smart Xchange<br />

CEO, Mr. Jonathan Naidoo<br />

announced that they aim to join the<br />

Youth Employment Service (YES<br />

Programme) launched by President<br />

Cyril Ramaphosa earlier this year<br />

with the aim of creating 100 start-ups<br />

focusing on youth and women from<br />

Townships and rural areas.<br />

Furthermore; the innovators which<br />

were awarded with cheques to enhance<br />

their businesses include, Solar Cell,<br />

Online Tailor and RTMS Digital to<br />

mention a few.<br />

The story of the jewels of iLembe District<br />

there are plenty other spearheaded by<br />

the Enterprise iLembe.<br />

According to Enterprise iLembe board<br />

chairperson, Khanyisani Shandu it is<br />

this project and many others that the<br />

agency continues to support that have<br />

improved the lives of the people from<br />

iLembe District and also highlighted<br />

the importance of attracting people to<br />

come to this district.<br />

Enterprise iLembe CEO, Nkosinathi Nkomzwayo and Enterprise<br />

iLembe Board Chairperson, Khanyisani Shandu showing the<br />

Seventeen Eighty Seven wine which is made in Ilembe District.<br />

Marvellous Zondi<br />

The iLembe Vineyard and Winery<br />

project was funded by the department<br />

of Co-operative and Traditional Affairs<br />

(COGTA) and implemented by the<br />

economic development agency for<br />

iLembe District, Enterprise iLembe.<br />

Ten hectares of vines have been planted<br />

across three municipalities under<br />

iLembe District, Mandeni, Ndwedwe<br />

and Mapumulo and the winery is<br />

situated at the Sugar Rush Park just<br />

outside Ballito.<br />

The beautiful coastline and rich<br />

landscapes of the region provide<br />

a perfect location for the iLembe<br />

Winery. Local farmers grow and<br />

harvest the Villard Blanc cultivar vines<br />

with uncompromising attention to<br />

detail.<br />

The wine collection originally began<br />

with a trial that proved to be successful<br />

with the birth of the first bottle of<br />

Villard Blanc.<br />

This took three years to grow, however<br />

the brand of Seventeen Eighty Seven<br />

Wine has now been refreshed and<br />

cultivars expanded by bringing in other<br />

South African wines to compliment<br />

the brand and includes the following,<br />

Sauvignon Blanc, Chenin Blanc, Merlot<br />

and Cabernet Sauvignon. This is not<br />

the only project under this region as<br />

Shandu also lauded the community for<br />

contributing and<br />

“The community of iLembe region<br />

have really welcomed our initiative of<br />

helping them, especially subsequent<br />

farmers, we have helped them to<br />

grow, we now have a new programme<br />

where we have opened doors for them<br />

to plant vegetables for the national<br />

school’s nutrition programme and<br />

also to equip them to be able to supply<br />

commercial markets” said Shandu<br />

before adding that the North Coast has<br />

a potential of being a tourist attraction.<br />

“When people come from all corners<br />

of the world they must not only come<br />

to Durban but they must know that<br />

also we are there as the North Coast<br />

particularly the municipalities such<br />

as Indwedwe where we have the<br />

Sibudu caves, kwamaphumulo we have<br />

Kwashushu hot springs, we have a lot<br />

of toursist attractions such as King<br />

Shaka’s grave at KwaDukuza.<br />

We also have UThukela River, one of<br />

the historical rivers running through<br />

Mandeni Municipality” said Shandu<br />

adding by urging investors and tourists<br />

to cast their nets to the north.<br />

Sarah Collins, founder of Wonderbag<br />

SA female entrepreneur honoured<br />

at the World Economic Forum<br />

<strong>SMME</strong> Staff Reporter<br />

South Africa’s Sarah Collins was<br />

awarded the “Woman of the Decade in<br />

Entrepreneurship” award at the World<br />

Economic Forum in New Delhi, India.<br />

Collins is the founder of Wonderbag,<br />

a product manufactured in Tongaat,<br />

on the north of Durban. This product<br />

is sold in 52 countries and has over<br />

1.3 million users worldwide. These<br />

countries include the United States<br />

and Australia.<br />

The Wonderbag is a non-electric heatreaction<br />

cooker manufactured out<br />

of repurposed foam as its insulation,<br />

the foam is brought in from dumping<br />

sites and used in manufacturing the<br />

product.<br />

According to Collins, the Wonderbag<br />

has been a catalyst for female<br />

entrepreneurs. She said that the<br />

Wonderbag has led to 10 000<br />

entrepreneurs starting their ventures<br />

like selling Wonderbags or catering<br />

businesses.<br />

This product was started in 2008<br />

and has since grown to have<br />

manufacturing sites in East Africa,<br />

West Africa and in Turkey.<br />

According to the Wonderbag website,<br />

the price for a standard Wonderbag is<br />

R290.

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