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.