SMME NEWS - JULY 2018 ISSUE

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July 2018 

smme News @smmenews @smmenews SMME News 

SMME News 

MORE THAN 240 000 READERS, 20 000 copies distributed throughout EThekwini Metropolitan, ILembe District, 

UGU District Portshepstone & Pietermaritzburg Issue No 20 : July 2018 

Tel: 031 307 1988 - Email: news@smmenews.co.za, Website: www.smmenews.co.za 

Entrepreneurs 

enter the 

‘Dragons’ Den’ 

Page 3 

Izindlela 

zokubhalisa 

inkampani 

Page 6 

Remembering 

Nelson 

Mandela, 

Isithwalandwe! 

Nelson Mandela, father of the nation 

SMME Staff Reporter 

Nelson Rolihlahla 

Mandela, born on 

18 July 1918 was a 

South African anti-apartheid 

revolutionary, political leader, 

and philanthropist, who served 

as President of South Africa 

from 1994 to 1999. He was 

our first black head of state 

and the first elected in a fully 

representative democratic 

election. 

Mandela was 

undoubtedly the 

best political 

leader in our 

country 

and 

possibly the whole world. He served 

27-years at Robben Island prison 

for standing up against the injustice 

of the apartheid government. Apart 

from being a political leader and the 

servant of the people. Mandela was 

philanthropist who believed in the 

power of words for changing the world 

we live in. dubbed as ‘The father of the 

nation’, Madiba died on 05 December 

2013. 

Here are some of Mandela’s memorable 

quotes to get you going and for 

reviving the Mandela in you. 

Quote about life: 

“What counts in life is not the mere 

fact that we have lived. It is what 

difference we have made to the lives 

of others that will determine the 

significance of the life we lead.” – 90th 

birthday celebration of Walter Sisulu, 

Walter Sisulu Hall, Johannesburg, 18 

May 2002. 

Quote about ideas: 

“You sharpen your ideas by reducing 

yourself to the level of the people you 

are with and a sense of humour and a 

complete relaxation, even when you’re 

discussing serious things, does help 

to mobilise friends around you. And 

I love that.” – From an interview with 

Tim Couzens, Verne Harris and Mac 

Maharaj for Mandela: The Authorised 

Portrait, 2006, 13 August 2005. 

Quote on education: 

“Education is the most powerful 

weapon which you can use to change 

the world.” – University of the 

Witwatersrand South Africa, 2003. 

Quote on braveness: 

“The brave man is not he who does not 

feel afraid, but he who conquers that 

fear.” – Long Walk to Freedom. 

Quote on leadership: 

“Lead from the back and let other 

believe they are in front”

SMME 

NEWS 

2 


Durban Chamber announces new CEO, Palesa Phili 

Durban – 03 July 2018 – The Durban 

Chamber of Commerce and Industry 

is proud to announce the appointment 

of the new Chamber Chief Executive 

Officer (CEO), Palesa Phili, effective 

01 July 2018. Palesa replaces outgoing 

CEO, Dumile Cele and her 

core function will be to drive and 

implement the strategic objectives of 

the Durban Chamber. 

Durban Chamber president, Musa 

Makhunga, congratulated Palesa on 

her appointment and thanked the 

board members who were tasked with 

the selection process in attracting a 

talented and experienced leader like 

Palesa. 

“I believe that Palesa’s appointment will 

reinforce the Chamber’s position as a 

future-focused organisation that adds 

value to our members and champions 

economic prosperity and sustainability 

in the region,” said Makhunga. 

Palesa Phili new CEO of Durban Chamber of Commerce and 

Industry. 

Palesa has over 20 years’ experience 

in the ICT and Telecommunications 

sector working for leading 

multinational companies within 

the ICT sector. She has 10 years’ 

experience in executive positions 

within the sector with added 

experience in board-level positions 

within the manufacturing and 

incubation sectors. 

Her fortes range from strong 

operational experience to strategic 

growth and market penetration into 

various customer environments. She 

has worked for organisations such 

as Hewlett Packard, IBM and EMC 

Computers. Her most recent role 

was at MTN SA where she was the 

Regional Head for MTN Business in 

KZN. 

Palesa holds a Master’s degree in 

Business Administration (MBA) from 

the University of Johannesburg (UJ), 

an advanced Business Management 

Programme Certificate and is a 

member of the esteemed South 

African Institute of Directors (IOD) 

and sits on various boards including 

SmartXchange and Invotech 

incubators. 

Palesa stated that she is excited at 

the prospect of building upon the 

progress the Durban Chamber has 

made in eThekwini and look forward 

to working alongside the talented 

team and the board of directors to 

achieve the Chamber’s strategic goals 

of boosting investment into eThekwini 

and creating a competitive business 

environment. 

I am passionate about Durban and 

in fostering wealth creation through 

securing more investment and 

sustainable economic growth in the 

region as the increased economic 

activity will lead to meaningful 

social change and a more sustainable 

financial future for the region,” added 

Phili. 

Durban Chamber hosts ‘youth in business forum’ 

Marvellous Zondi 

In the spirit of celebrating the youth 

month, the Durban Chamber hosted 

the ‘Youth in Business Forum’ on 27 

June 2018. In attendance were young 

entrepreneurs and experts from 

various industries who imparted their 

knowledge to the aspiring business 

people. Among the established business 

people who took to the podium 

was founder of Bloom Marketing, 

Nokuthula Luthuli, Anitha Ramsuran 

of Technology Innovation Agency and 

Founder and CEO of Icebolethu Group, 

Nomfundo Mcoyi. 

The latter encouraged South African 

youth to learn from young people from 

other countries and make use of what 

they have at their disposal, she also 

urged young people to be independent. 

“We have to change our mind-set and 

be independent. We must stop being 

dependent on government but we must 

help the government by empowering 

ourselves” said Mcoyi. 

The well-travelled business woman 

shared her life experience, travelling to 

more than 20 countries and winning 

SMME News Team 

Fanele Mpanza 

Marketing Manager 

Jabulani Khumalo 

Sales & Distribution Manager 

Siyabonga Sikhakhane 

Graphics and Sub-editing 

Founder and CEO of Icebolethu 

Group, Nomfundo Mcoyi during the 

youth in business forum. 

Mandisa Magadla 

Research & Admin Intern 

Kgosi Kgalegi 

Business Development 

Mandy Zithutha 

Public Relations Intern 

Tinky Ogle: Publisher - tinky@ 

smmenews.co.za 

Marvellous Zondi: 

Journalist & Content Manager 

Bongani Dlamini 

Media Production & IT 

local and international business awards. 

“It is important to have in your business 

people who know what you want, what 

is expected of them and what your 

vision is for the business” said Mcoyi 

before adding that when she started she 

did not have even a single vehicle. 

“I focused on my dreams and invested in 

them” further said Mcoyi. 

Her business, Icebolethu Group has 

grown to have over 50 branches in 

and around KwaZulu-Natal since its 

inception in 2008. 

Another guest speaker on the day, 

Nokuthula Luthuli of Bloom Marketing 

urged young entrepreneurs to create 

connections through the Durban 

Chamber. 

“The chamber is a global initiative, use 

the chamber to connect with other 

youths in business from other countries” 

said Luthuli before adding that in order 

to succeed in business, entrepreneurs 

should consistently build their brands 

and stick to what they know best. 

Contact us: 031 307 

1988 

Send us your opinions 

or news: news@ 

smmenews.co.za 

Advertise with us: 

sales@smmenews.co.za 

Uso mabhizinisi 

nochungechunge 

lokufukula 

abasafufusa 

Nkosikhona Cele 

USOMABHIZINISI wesifazane 

wase Thekwini, uNkk. Thandeka 

Nene owaba sematheni 

eminyakeni eyedlule nge-tender 

ahlomula ngayo yokwakha 

isithabathaba somuzi kalowo 

owayengumongameli wakuleli 

uMnu. Jacob Zuma useqale uhlelo 

lokuqeqesha intsha esemkhakheni 

zamabhizinisi. 

Lo somabhizinisi uveze lokhu 

ngesikhathi ehlanganyele nabantu 

abasha abavela ezindaweni 

ezahlukene, emcimbini wentsha 

obuse Mcopheleli Primary 

School, eClermont entshonalanga 

yeTheku. Lomcimbi ububanjwe 

njengengxenye yokubungaza 

inyanga yabantu abasha. 

Enkulumweni yakhe uveze 

ukuthi kuyisifiso sakhe esikhulu 

ukuba ahlwanyele okuthile ukuze 

kusozisakala nabanye abantu 

abasha abafisa ukudlondlobala 

kwezamabhizinisi njengaye. 

Uthe usekhethe ukuthi akwenze 

kube yijoka elisemahlombe akhe 

ukucathulisa intsha elangazelela 

ukungena kwezamabhizinisi 

ikakhulukazi leyo engazi nanokuthi 

UNKK Thandeka Nene 

ongusomabhizinisi owaziwayo 

onohlelo lokufukula 

osomabhizinisi abasafufusa. 

kumele iqale kuphi uma ifisa 

ukuphumelela kulesi sifiso enaso. 

Uveze nokuthi usezoba 

nochungechunge lwezigcawu 

lapho intsha ethanda ukungena 

emabhizinisini izokwazi ukuthi 

ithole ithuba eliyingqayizivele 

lokuzuza ulwazi olunzulu kuyena. 

“Ngizimisele ngokuthi nami 

kube khona engikwenzayo 

ukuze ngisize labo abeza ngemva 

kwami. Ukwenza kwami kanjalo 

nginethemba lokuthi kuzodala 

ukuthi babe baningi kakhulu 

abanye abantu abafisa ukungena 

kwezamabhizinisi,” kubeka uNene. 

5th floor Smart Xchange building, 5 Walnut Road, Durban, 4001 M : +2771 710 7943 T:+2731 307 1988 www.smmenews.co.za 

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3 

July 2018 NEWS 

Entrepreneurs enter the ‘Dragons’ Den’ 

THE DRAGONS: Representatives from different sectors, from (L-R), Nomfundo Mzobe from IDC, Sholan Moodley from 

Standard Bank, Siphesihle Gazu of IThala, Themba Gumede of Sefa and Malibongwe Ntuli from Seda. 


Standard Bank Kingsmead 

branch opened its doors to 

KZN-bound Dragons’ Den on 03 

July 2018. About a dozen established 

businesses appeared before a panel of 

Dragons at the final phase of a ninemonth 

long business development 

and training programme. While each 


The winners of the Standard Bank 

KZN Top Business Awards 2018 were 

announced at a gala dinner held at the 

Elangeni Maharani Hotel on the 21 

June 2018. The glamorous event was 

attended by many captains of industry 

and their invited guests from across the 

province. 

Speaking at this event, Standard 

Bank KZN Provincial Head, Imraan 

Noorbhai said, “Let us as Business 

KZN embrace these opportunities to 

create meaningful and constructive 

dialogue, dedicating ourselves to 

running successful businesses that 

create growth and opportunities, 

reducing unemployment and 

inequality and building a Province 

where all benefit from its rich 

resources, where people can live with 

dignity, harmony and mutual respect 

for each other.” 

The annual awards, now in their 

twelfth year, celebrate achievements in 

the public and private business arena 

over the past year. The prestigious 

Standard Bank KZN Top Business 

Leader’s award is an honorary award 

given to a business person who has 

demonstrated exemplary business 

achievement, industry influence and is 

a true inspiration to others. 

The 2018 award was given to Imtiaz 

Sooliman the founder, director and 

chairman of Gift of the Givers, a 

disaster relief agency, which has been 

in existence for 26 years. Sooliman 

says that he is driven by his motto 

and that of the Gift of the Givers 

which is simple. The motto states: 

“Best Among People are those who 

Benefit Mankind”. Thus far the 

Pietermaritzburg headquartered 

of the previous phases targeted the 

development and enhancement of a 

different dimensions and growth for 

the entrepreneurs and their businesses, 

this Dragon’s Den served not just as the 

finale of a very enriching programme, 

but also as an opportunity for the 

budding business people to present 

their businesses to a panel of potential 

investors and funders. It was indeed a 

organisation has disbursed in excess of 

R2,1 billion in aid to needy individuals 

and communities. Sooliman also gave 

an inspiring key note address outlining 

his story and the various humanitarian 

initiatives in which the organisation is 

involved. 

Winners across the various sectors 

are: Mining: Tronox Limited, 

Manufacturing: aQuellé, Construction 

and Property Development: Shree 

Property Holdings, Utilities: SLG 

(Pty) Ltd, Trade: Hirsch’s, Transport: 

City Logistics, Financial Services: 

FMI, Business Services: Blue Security, 

Community and Social Services: 

THINK Tuberculosis and HIV 

practical display of some of the skills 

acquired as well as the incredible 

products and services that the different 

businesses offer. 

The businesses on board were among 

others, Forest Tissue, Bright Washing 

Powder, Woza Moya and LeaderOptec, 

Kleens Music, Catalyx, Vumela IT 

Services, Durban Motion Pictures, 

MCS Consumable Trading, Inkosi 

KZN top businesses honoured 

Imraan Noorbhai, Standard Bank KZN Provincial Head; Lalita Dhasiar- 

Ventura, KZN Top Business; Imtiaz Sooliman, Gift of the Givers 

Investigative Network (RF) NPC, 

Tourism: Fairmont Zimbali Resort 

Two additional awards were given 

in the SMME and entrepreneur 

categories. eLan Property Group gave 

the SMME category award to Madunge 

Events and Projects. Walter Coughlan 

- Fair Food Company was given the 

Businessfit Entrepreneur Award. 

Other awards included; The Standard 

Bank KZN Top Business Partnership 

award is annually given to a private and 

public partnership. This was awarded 

to eThekwini Municipality and its 

unit Invest Durban who recently 

coordinated an investment road show 

to the United Kingdom. 

Sholan Moodley from Standard Bank. 

Security, Pitbull Print & Media, ZA 

Gear, Kings & Queens Footwear and a 

few more. 

One of the Dragons, Mr Sipesihle 

Gazu, presented the different kinds of 

funds available for businesses at Itala 

Development Finance Corporation. 

He also unpacked the funding 

requirements for each package. 

The other Dragons on board were 

representatives from IDC, SEDA, SEFA 

Smart Xchange Port Shepstone 

ICT Incubation business hub hosted 

the Women in Business Young 

Entrepreneurs alongside the Women 

In Business Forum (WIB) Information 

Session tagged: “Sharpening the sword 

for young entrepreneurs” on the 26th 

June 2018. About 30 entrepreneurs 

from different industries and areas 

around Kwazulu Natal, females and 

males attended the half-day long 

session. 

“The youth can walk fast, but the 

elders know the road”, remarked 

the event coordinator, Ms Pumzile 

Mbambo to sum the kind of support 

being offered. Youths are indeed 

excited and have lots of ideas, but 

they need to be given the necessary 

information and guidance to help 

their ideas and innovation find the 

light of day. They also need necessary 

support to transform their business 

ideas into reality, and help their 

small businesses to the next level. 

Entrepreneurs often need funding, 

but there are other important factors 

that must be considered to ensure the 

growth, development and success of a 

small business. 

Dynamic speakers from Smart 

Xchange, Biz Farm, SEDA, NYDA 

and the South Coast Chamber of 

Commerce gave valuable inputs 

to supporting small business 

development. Dr. Dikshita Padalkar 

from Biz Farm and Mr Vijay Naidoo 

encouraged the entrepreneurs to pay 

attention to the trends in the world as 

characterized by the fourth industrial 

revolution. They both advised that the 

current trend in business management 

is one which embraces the female 

characteristics of nurturance. 

“The Cyber Physical System is 

not replacing humans, contrary to 

popular belief ” noted Dr Padalkar, 

who encouraged entrepreneurs not 

and Standard Bank. 

The business owners presented 

their businesses and products, they 

emphasized on the growth plans of 

their businesses and indicated whether 

or not they needed funding. The 

funders and financiers were excited to 

fund most of the businesses, except for 

those who were not really interested 

in funding but just wanted advice and 

guidelines. 

Women in Business Session 

to be threatened, but to make it 

work for them. Entrepreneurs need 

to be innovative and flexible. In 

emphasizing the value of business 

innovation, Ms Fathima Sarigat 

from Smart Xchange introduced 

participants to the TIA innovation 

Fund Application Process that is 

available for entrepreneurs who have 

innovative business ideas that are IT 

based. She mentioned that there are 

many other such funds. 

Statistics that female-led businesses 

attract less financial investment but 

produce high output was cited as an 

indication that female-related soft 

skills and empathy are now highly 

sort-after. Vijay Naidoo added that 

Ethics must be inculcated to business 

from the inception. 

Ms Reshman Maharaj, advised that 

marketing is the last thing to cut 

cost on. She echoed the need to take 

advantage of social media marketing 

and other low cost platforms for 

business exposure. She noted that 

brands take a long time to build and 

encouraged entrepreneurs not to give 

up on their goals because “hard work 

is the only route too success”. 

Ms Sne Mbele informed business 

owners of the services that they can 

receive from SEDA. She highlighted 

trainings, financial management and 

business coupons that SEDA offers. 

SEDA supports small businesses. Ms 

Fanele Mdlalose noted that although 

the NYDA provide some similar 

support as SEDA, its focus is for 

young people between the ages of 

18-35. She disclosed that the NYDA 

provides training in critical areas 

of business and issues certificate of 

competence. Attendees were advised 

to check visit these organisations for 

further support and assistance after 

they have done their part of being sure 

where they are going.



4 


MTN Digital masterclass for SMME’s 


One of South Africa’s leading 

service providers, MTN, 

once again hosted the annual 

Digital Entrepreneur Masterclass at 

Inkosi Albert Luthuli Convention 

Centre on 10-11 July 2018. The 

event was aimed giving budding 

entrepreneurs a platform to share 

ideas and opportunities to grow their 

businesses. 

Industry experts imparted their 

knowledge and skills onto the budding 

entrepreneurs, among those who 

took to the podium is Head of SME 

at MTN Business, Lindile Xoko, who 

presented on ‘defining your formula to 

success’ and keynote speaker, Kofi Kyei 

Keynote speaker at the digital entrepreneur master class, Kofi Kyei of Cisco 

systems 

of Cisco Systems. The former lauded 

SMMEs for contributing about 36% 

to the country’s GDP and KwaZulu- 

Natal in particular for contributing 

16.1% (about R610 billion) to the 

overall country’s GDP. Xoko also urged 

SMMEs to focus on being efficient and 

to evolve with time. 

“Focus on bringing services faster than 

you are getting paid for the services 

you provide. Move at the speed of 

currency.” 

Another focus for this year’s Digital 

Entrepreneur Masterclass was 

exploring why businesses should be 

racing with machines rather than 

racing against them. 

Keynote speaker, Kofi Kyei 

presented on digital transformation, 

opportunities and challenges for South 

African entrepreneurs. 

“We are now moving to a space where 

everyone will be able to customise 

products” said Kyei before urging 

entrepreneurs to find South African 

problems and try to solve them 

digitally. 

Furthermore; as part of the day’s 

proceedings, there was a panel 

discussion with four of the previous 

winners of the MTN App of the year 

competition. This interactive platform 

presented the opportunity for aspiring 

business people to ask questions and 

get insights to the world of ICT and 

how they can go about developing 

their Apps. 

Ugcine isethembiso kosomabhizinisi abancane 

Nkosikhona Cele 

UGCINE isethembiso sakhe asenze 

ezinyangeni ezintathu ezedlule, lowo, 

obeyisikhulu esiphezulu kuMasipala 

weTheku osesebenzela elinye 

lamabhange amakhulu eNingizimu 

Afrika, i-ABSA. 

Lowo ngu Nkk. Tozi Mthethwa 

owathembisa phambi kwezinkumbi 

zabantu ababehambele umcimbi 

wokumvalelisa ukuthi uzokwenza 

konke okusemandleni akhe ukunxenxa 

abaqashi bakhe abasha ukuba bafake 

igxalaba ngenhloso yokuthuthukisa 

abantu abasha abanentshisekelo 

yokungena kwezamabhizinisi. 

UNkk Mthethwa usesigcinile lesi 

sethembiso njengoba ibhange 

alisebenzelayo selimemezele ukuthi 

lizoxhasa abantu abasha ngo R38.6 

million. 

Lesi simemezelo senziwe nguyena 

uNkk Mthethwa kwisigcawu 

ebisihlanganise uMasipala weTheku 

nalo leli bhange, isigcawu besibanjelwe 

ehholo iNkosi Albert Luthuli 

International Convention Centre 

(ICC). 

Ngokusho kuka Nkk Mthethwa abantu 

Learnership for 

Disabled Persons 

For IT System Support NQF5 

We are looking for candidates who are living with a Disability and are interested in learning an IT qualification to join our 12 

months programme for IT System Support, NQF level 5 qualification. 

The theory part of the learning will be conducted by a Training Provider in town, Durban and the workplace experience 

will be provided by the company AME Africa Healthcare (Pty) Ltd. at its operations based at Inkosi Albert Luthuli Central 

Hospital (IALCH) Operations in Mayville, Durban. 

Workplace practicals: 

In the workplace successful candidates will report to the Logistics Manager and will be exposed to work on:- 

• Maintenance and Management of IT 

• Configuration and maintenance of Microsoft Operating Systems. 

• Monitoring of devices by remote support applications 

• Troubleshooting faults and fault resolution 

On termination of twelve months Learnership: 

A Learner will be expected to be able to: 

1. Use a logical methodology to troubleshoot the common types of hardware and software problems typically encountered in 

the day-to-day operations of a department in an organization. 

2. Understand the role of technology in the business context. 

3. Demonstrate basic application support skills 

4. Demonstrate operating system support skills 

5. Demonstrate network support skills 

6. Relate business problems and information technology solutions 

7. Demonstrate appropriate technical reporting skills 

8. Demonstrate appropriate customer care in the context of IT support 

9. Function appropriately in a change management process within a support team 

10. Demonstrate hardware support skills for server computers 

11. Demonstrate an understanding of Systems Support contextualized within a selected work area. 

Minimum criteria required: 

• Must be living with a disability; submit proof of disability, Not chronic condition. 

• Must have passed Matric and be proficient in English. 

If you are interested in applying for this Learnership, email your CV to cv@ameafrica.com 

Closing Date: 10 August 2018 at 16:00 

abasha bahlale beseqhulwini kuyena 

ngaso sonke isikhathi uma kukhona 

akwenzayo, uma iNingizimu Afrika 

ingaba nabantu abasha abaphumelele 

lokho kungasho ukuphumelela 

kwezwe lonke. Mayelana nalo 

mnikelo owenziwe yileli bhange uthe 

unethemba elikhulu lokuthi uzokwazi 

ukusiza intsha efuna ukungena 

emabhizinisini ingagcini lapho futhi 

iphinde isize nasekuthuthukisweni 

kwamakhono abo abantu abasha. 

“Kumqoka kakhulu ukuba singabazibi 

abantu abasha kodwa kube khona 

esibenzela khona ukuze bezothuthuka 

nabo. Uma senze 

kanjalo nginesiqiniseko 

sokuthi iNingizimu 

Afrika iyoba yizwe 

elinabantu abasha 

abaphumelele 

ezinhlakeni ezahlukene,” 

kusho uMthethwa. 

UNkk Sindi Mtolo 

wezokuXhumana 

kuMasipala weTheku 


Over the past few years, the 

term ‘Oceans economy’ has 

gained popularity with a number 

of economic hubs aligning 

themselves to benefit from it. 

Most recently, the MEC for 

Economic Development, Tourism 

and Environmental Affairs in 

KwaZulu-Natal, Sihle Zikalala 

said oceans economy has been 

identified as one of the sectors 

that have the potential to create 

jobs and business opportunities 

for young people. More often 

than not, SMMEs catch up late 

with the latest drivers of the 

economy thus being left out. 

One primary example for this 

was when cell phones began 

to takeover, stall owners who 

had landlines were booted out 

of business. It is important for 

SMMEs to keep track of what is 

happening around them so that 

when the industry changes gears, 

it changes with them on board. 

KwaZulu-Natal has two major 

harbours which are very 

instrumental in the economy 

of country. The Richards Bay 

Harbour and the Durban 

Harbour, the latter is the largest 

Lapha kungesikhathi kwethulwa izindaba zomnikelo wokufukula 

osomabhizinisi owenziwe ibhange i-ABSA 

usishayele elikhulu ihlombe lesi 

senzo saleli bhange waphinde 

wengeza ngokubonga kakhulu 

noNkk Mthethwa ngokuba yisosha 

and busiest shipping terminal in 

sub-Saharan Africa. It handles 

up to 31.4 million tons of cargo 

each year and it is the fourth 

largest container terminal in the 

Southern Hemisphere. EThekwini 

Municipality Mayor, Zandile 

Gumede announced in her budget 

speech in May that parts of this 

harbour will be refurbished to 

unlock R35 billion in annual 

revenues. 

The Oceans Economy has been 

chosen as one of the key sectors 

for Operation Phakisa because 

of the massive opportunity to 

create value that resides onshore 

and offshore. Operation Phakisa 

is a national plan that targets 

sectors that can best achieve 

quick returns in terms of growth 

eliqinisekisa impumelelo yabantu 

abasha baseNingizimu Afrika ngaso 

sonke isikhathi. 

Exploring 

opportunities for 

SMMEs in Oceans 

economy 

and job creation There are five 

target areas within the Oceans 

Economy strategy that SMMEs 

can look into in order to jump 

into the wagon of growth within 

the oceans economy, namely; 

aquaculture, offshore oil and 

gas, marine protection and 

governance, marine transport 

and manufacturing as well 

as Small Harbours and State 

Coastal Property. These are 

the untapped opportunities 

within this sector that SMMEs 

can look into pursuing, those 

who are already in one of these 

sectors can seek advice from the 

National Department of Planning, 

Monitoring and Evaluation 

which is assigned to spearhead 

Operation Phakisa.


5 


Launch of 

Thuma Mina 

campaign 


On 07 July 2018, President 

Cyril Ramaphosa visited 

KwaDukuza (formerly known 

as Stanger) to launch the Thuma Mina 

campaign. Ramaphosa kicked off the 

day’s proceedings by embarking on a 

clean-up campaign, cleaning the streets 

of this historic town. He also handed 

out title deeds to some of the residents. 

Later on the day, Ramaphosa addressed 

the crowd where he cited that it is 

about time that South Africans are at 

the forefront of running businesses. 

“People are tired of having the 

businesses in our country being 

run by a minority. Our own people 

must run their business and we 

will empower them to do that,” said 

Ramaphosa before adding that the 

government is working ‘feverishly’ to 

ensure black citizens became ‘serious 

business people’. “We want them to 

run businesses and employ others. We 

want radical economic empowerment 

and transformation to be the order of 

the day,” 

Ramaphosa has been leading the 

call for the inclusion of young and 

black people in businesses since his 

inaugural State of the Nation Address 

earlier this year where he stated that 

business confidence among South 

African companies has improved and 

foreign investors are looking anew at 

President Cyril Ramaphosa at KwaDukuza before the launch of Thuma Mina programme in this area. Photo by Erica 

Abrahams/NorthCoastCourie 

opportunities in our country. 

“Some financial institutions have 

identified South Africa as one of the 

hot emerging markets for 2018. Our 

task, as South Africans, is to seize this 

moment of hope and renewal, and to 

work together to ensure that it makes 

a meaningful difference in the lives 

of our people. This year, we will be 

initiating measures to set the country 

on a new path of growth, employment 

and transformation. We will do this 

by getting social partners in our 

country to collaborate in building a 

social compact on which we will create 

drivers of economic recovery” said the 

President before adding that, “We have 

to build further on the collaboration 

with business and labour to restore 

confidence and prevent an investment 

downgrade. Tough decisions have to be 

made to close our fiscal gap, stabilise 

our debt and restore our state-owned 

enterprises to health. At the centre 

of our national agenda in 2018 is the 

creation of jobs, especially for the 

youth.” 

ZULU: The importance of SMMEs is undisputed 


Minister of Small Business 

Development, Lindiwe Zulu will 

engage trade ministers from countries 

forming ‘BRICS’ during the 2018 

BRICS Summit which is set to be held 

in Johannesburg on 25-27 July 2018. 

These countries are; Brazil, Russia, 

China and South Africa. 

Speaking to moneyweb ahead of this 

gathering, Zulu cited that the reason 

why her office choose to be part of 

this year’s event was to represent the 

interest of small business owners at 

international level. 

“We pushed for our participation 

because we believe that even at BRICS 

there should be opportunities for 

SMMEs and there are opportunities for 

SMMEs” said Zulu before adding that 

by being part of this summit they will 

be able to push for issues relating to 

SMMEs. The aforementioned countries 

are among the biggest in uplifting small 

business owners, the minister lauded 

these countries for ‘recognising the 

Minister of Department of Small 

Business Development, Lindiwe Zulu. 

importance of SMMEs a long time ago’. 

Zulu also emphasised on the 

importance of making South Africa 

conducive for SMMEs. 

“The challenge is that they (During 

BRICS summit) don’t always look at 

SMMEs, the importance of SMMEs is 

undisputed now. Inequality is quite a 

Shoprite Retailer looking to fund businesses 

challenge, in South Africa in particular 

it’s even worse”. 

The minister also cited that one of 

the reasons 

why her office 

will be part of 

this summit 

is to source 

funding for 

South African 

small business 

owners and 

create room 

for working 

relations 

between 

South African 

SMMEs 

and those 

from BRICS 

countries. 

Meanwhile; the 

Department of 

International 

Relations 

hosted a 

roundtable 

discussion on 18 June 2018 as a buildup 

to the Summit. Among those in 

attendance were stakeholders from 

all the countries forming the BRICS 

and representatives from eThekwini 

Municipality. 

Nontobeko Duma 

Shoprite has an initiative 

that will reward your 

‘Hustle’ as entrepreneurs 

and innovators who work 

hard, dream big and create 

opportunities. If you are 

working towards pursuing 

your passions and making 

your dreams come true then 

Shoprite is looking to give you 

a big boost. To stand a chance 

to get the boost, simply tell 

them about your business 

and you could be one of the 

12 entrepreneurs that will 

receive R10 000, as well as a 

Thundafund profile which 

offers even more opportunities 

for you to get the much 

needed funding towards 

your business. They will 

then offer you free publicity 

opportunities by giving your 

story airtime on radio stations 

across the country and on 

various digital platforms. 

Imagine how amazing It would 

be for your hustle to get all the 

marketing it needs and a cash 

injection valued at over R70 

000, courtesy of Africa’s biggest 

retailer! 

Shoprite created this as a big 

nod to all the entrepreneurs 

with a passion to create change 

within South Africa and to 

give your small business its big 

break! For more information 

on this funding visit www. 

shoprite.co.za



6 

SMME, What You Should Know 


Izindlela zokubhalisa inkampani 

Abe CIPC babhalisa 

izinkampani kanye 

nemifelandawonye. 

Akuphoqelekile ukuba onke 

amabhizinisi abhalise ne CIPC. 

Amabhizinisi okungaphoqelekile 

ukubhalisa ku CIPC ilawo amancane 

kanye nalawo asebenzelwa ngabanikazi 

bawo kuphela. Amabhizinisi 

anesifiso sokusebenzisana nezinhlaka 

zikahulumeni kanye namanye 

amabhizinisi asemthethweni 

aphoqelekile ukuba abhalise ne CIPC 

STEP 1: Bekisa igama lenkampani 

Ngokomthembu wezinkampani 

wangonyaka ka 2008, inkampani 

ingaphaliswa ngaphandle kwegama 

uma ngabe inkampani ibhaliswe 

ngaphandle kwegama inombolo 

yayo ehlukile etholakala ngesikhathi 

kubhaliswa iba iyona esebenziswayo 

ukuhlonza leyo nkampani. Nazi 

izindlela zokubhalisa inkampani. 

Kuyiwa kuphi: Companies and 

Intellectual Property Commission 

(CIPC) 

Inani: R50 uma uzobhalisa online, R75 

uma uzobhalisa ngama forms. 

Isikhathi: Kuthatha izinsuku ezintathu 

Uma ubhalisa ungakwazi ukusebenzisa 

igama lenkampani okanye inombolo 

ehlukile egunyaziwe ngabakwa 

CIPC. Uma ukhetha ukubhalisa 

igama lenkampani kumele ukhethe 

amagama enkampani yakho kusukela 

kwelilodwa kuya kwamane, elilodwa 

lalawomagama elingakathathwa 

ndawo ilona elizokhethwa njengegama 

lenkampani yakho. 

STEP 2: Bhalisa inkampani kwa- 

COMPANIES AND INTELLECTUAL 

PROPERTY COMMISSION (CIPC) 

Kuyiwa kuphi: Companies and 

Intellectual Property Commission 

(CIPC) 

Inani: R125 izinkampani ezizimele, 

R475 izinkampani ezingenzi inzuzo 

ezibhaliswe ngaphandle kwamalunga 

(non-profit company registered 

without members) 

Isikhathi: Izinsuku ezili-10 

Okudingakalayo: Imininingwane yase 

bhange lalowo ozobhalisa inkampani 

(Amagama, Ubuzwe, Umazisi, Ikheli, 

izinombolo kanye ne email, usuku 

olubekisiwe lokuzobhalisa) okunye 

okudingakalayo imininingwane 

yenkampani; Imininingwane 

yezezimali, abaphathi, 

imininingwane 

yokuxhumana kanye 

nekheli 

Nazi izindlela ezine 

usomabhizinisi 

angabhalisa 

ngazo inkampani 

kwa-Companies 

and Intellectual 

Property 

Commission 

(CIPC). 

1. Kwi website yabo 

(www.cipc.co.za) 

2. Lapho okutholakala 

khona usizo (Selfservice 

terminals) 

3. Kwamanye amagantsha 

amabhange 

4. Nge-Email 

Ukubhalisa inkampani online, 

usomabhizinisi kudingeka aqale 

abhalise njengekhasimende ku website 

yakwa CIPC. Uma usubhalisile kanjalo 

kumele ukhiphe imali engu R125 

engukhiye wokusebenzisa le website. 

Le mali iyathunyelwa ngebhange. Uma 

sekwenziwe lokho usomabhizinisi 

uthunyelwa email kucelwa ukuba 

athumele lokhu okulandelayo: 

• Amakhophi omazisi abaphathi 

• Amakhophi alowo obhalisayo uma 

engekho kulabo abangabaphathi 

• Ama forms okubhalisa asayindiwe 

Ekugcineni, uma inkampani 

isibhalisiwe lowo okade ebhalisa 

uzothola i-email emazisayo ukuthi 

inkampani isibhalisiwe bese enikezwa 

i-link embuyisela ku website 

yabakwa CIPC ukuze athole isitifiketi 

esiqinisekisa ukuthi inkampani 

ibhalisiwe. 

STEP 3: 

Vula 

i-Akhawnti yase bhange 

Kuphi: Ebhange 

Inani: R0 

Isikhathi: Usuku olulodwa 

Ukuze uvule i-akhawnti ebhange 

kumele uphathe umazisi womphathi 

wenkampani, amaphepha aqinisekisa 

ukubhaliswa kwenkampani. Lokhu 

kungathatha isikhathi eside uma 

amaphepha adingakalayo ngokwe 

Know Your Customer (“KYC”) 

Financial Intelligence Centre Act No. 

38 of 2001 engaphelele. 

STEP 4: Bhalisela intela (PAYE, UIF 

AND SDL) 

Kuyiwa kuphi: South African Revenue 

Service (SARS) 

Inani: Kumahhala 

Isikhathi: Usuku olulodwa 

Abakwa Companies and 

Intellectual Property 

Commission (CIPC) 

kanye no South 

African Revenue 


baxhumene. Uma 

usomabhizinisi 

ebhalisa 

kwa SARS 

ukukhokha 

intela 

bayakwazi 

ukuthola 

imininingwane 

yakhe abhalise 

ngayo kwa 

CIPC. 

Usomabhizinisi 

kuzodingeka 

avakashele ehhovisi 

laka SARS nalokhu 

okulandelayo: 

a) Income tax registration 

– Kudingeka umazisi 

womphathi, Isitifiketi senkampani 

kanye nesitatimende sase bhange. 

b) Employees tax (PAYE), 

Unemployment Insurance Fund (UIF) 

and Skills Development Levy (SDL) 

registration: 

Usomabhizinisi kumele aphambise 

i-EMP 101e etholakala online okanye 

kwa SARS 

Izincazelo zamagama afingqiwe: 

• Pay as you earn (PAYE): Lena intela 

ebanjwa umqashi ngokubala imali 

eholwa ngu msebenzi. Umqashi 

kumele abhalise ngokuka paragraph 

15 of the 4th Schedule to the Income 

Tax Act. 

• Unemployment Insurance Fund 

(UIF): Lena imali ebekelwa ukuholela 

umsebenzi okwesikhashana 

lapho esanda kuphelelwa khona 

ngumsebenzi okanye kunesizathu 

esibambekayo esenza engakwazi 

ukusebenza. Umqashi kuphoqelekile 

ukuthi abhalisele lokhu. 

• Skills Development Levy (SDL): Lena 

intela esetshenziswa nguhulumeni 

ukuxhasa ezemfundo nokuqeqeshwa 

kwabantu ngokwe Skills Development 

Act, 1998. Lentela ikhokhwa nyanga 

zonke ngabaqashi kwa SARS 

STEP 5: Bhalisela i-VAT 

Kuyiwa kuphi: South African Revenue 


Inani: Akukhokhwa 

Time to complete: 7 days 

Amabhizinisi enza inzuzo edlule ku 

R1 million kumele abhalisele i-VAT. 

Ukubhalisa kudingeka i-VAT 101 

form. 

Ukubhalisela i-VAT kuphothulwa 

ngaso isikhathi lapho okusuke 

kubhaliswa khona. Kuthatha iviki 

ukuqinisekisa yonke imininingwane 

kanti nakhu okudingekayo ukuze 

ubhalise. 

(1) Ikhophi yezivumelwane 

zokusebenzisana kubaphathi; 

(2) Ikheli lamagceke enkampani 

(3) Isitatimende sasebhange 

(4) Imininingwane yamabhuku 

ezezimali (proof of annual turnover); 

(5) Ikhophi kamazisi yalowo othumela 

i-VAT 101 form. 

(6) Amakhophi omazisi alabo 

abangabaphathi enkampanini 

(7) Ikheli lalapho kuhlala khona 

obhalisayo. 

The Companies and Intellectual Property Commission 

(CIPC) in collaboration with its partners, cordially invite 

you to the IP 4 SME Workshop, which aims to promote the 

use of IP by SMEs as part of their business strategy in order 

to enhance their competitiveness. 

The purpose of the two-day workshop is to provide SMEs 

with a basic understanding of IP, and to advise SMEs about 

current and future CIPC interventions, such as the Inventor 

Assistance Program, IP Trade Portal, Inventor’s Awards and 

Helpdesk services, aimed at assisting them to use IP more 

effectively in their businesses. 

Date: 6 & 7 August 2018 

Time: 9 to 4pm 

Venue: ZK Mathews Hall, Theo van Wyk Building, UNISA Muckleneuk 

Send an email to ip4smes@cipc.co.za to RSVP




7 

Youth and women empowerment prioritized at Innovation Festival 

Oyewo-Umoh Adetola Elizabeth 

On 28-29 June 2018, the 

INNOVATE Durban held its 

annual Innovation Festival 

at Bond shed Point Waterfront. This 

festival was aimed at developing 

and escalating innovative solutions 

in a form of new technologies and 

models in a bid to produce more 

youth and women entrepreneurs. 

The INNOVATE Durban programme 

was launched in 2014 to highlight the 

importance of innovation in economic 

processes as well as channel creativity 

into improving the City. 

EThekwini Municipality, the founding 

member of Innovate Durban, has 

partnered to build a platform that 

brings the business and academic 

communities together to enable 

innovation that solves business 

challenges, drives economic growth 

and create jobs 

The Innovation Festival is an annual 

event with creative collaboration 

between entrepreneurs, artists, 

artisans, designers, technologists, 

engineers, scientists and inventors for 

solutions 

The focus of this two day festival 

is innovation and information 

technology. With features such as 

workshop, exhibition, Yakhasakhe 

youth programme, 5th Future 

Mobility Round Table, Qhakaza Girl 

empowerment seminar on robotics 

using LEGO to build a robot system 

, electric car spin and pitching den 

competition as well as the Durban 

University of Technology’s Energy 

Drive Truck; electric car displays 

and demos by BMW and display of 

electronic refrigerated truck designed 

and built in South Africa. Deputy 

Vice-Chancellor for Research UKZN 

Professor Deresh Ramjugernath 

said that the “Innovation Festival 

is a response for innovation for 

entrepreneurs to thrive and address 

unemployment. It is indigenous ecosystem 

for innovation in response 

to eThekwini’s call for solution 

and meeting the UN sustainable 

development goals” 

Innovate Durban Chief Executive 

Office, Aurelia Albert reiterated the 

importance of the festival, labelling it 

as one of eThekwini’s many efforts to 

expose youths and more women to the 

sector. 

Education 

Don’t let business travel strain your relationship 

Business travel can be exciting and 

profitable, or it can feel exhausting, 

physically and emotionally. This is 

especially true when work-life balance 

seems difficult, and when business 

travel strains your relationships. 

Dawn Weir, head of kulula work, 

says that many relationships become 

strained when one partner is often on 

the road, and that this isn’t necessarily 

restricted to couples with, for example, 

small children. 

“It can be difficult when one partner 

is away and the other is at home with, 

say, a teething toddler, but similar 

stresses can affect couples who don’t 

have that extra pressure. 

“The partner who’s travelling might, 

for example, feel guilty about not being 

able to help at home, while whoever’s 

at home might assume the one who’s 

travelling is being waited on hand and 

foot.” 

Weir, who’s travelled extensively for 

business, suggests a few easy ways to 

keep your relationship healthy when 

one of you is away. 

See the positives: perhaps you’d rather 

be at home, but that hotel buffet 

breakfast means you don’t have to cook 

or wash up. And if you’re the one who’s 

at home, perhaps that means a little 

me-time to binge-watch the Magnum 

PI boxed set your partner can’t stand, 

or a chance to learning to play the 

accordion. 

Recognise that business travel isn’t 

really a holiday: your conference 

in Barcelona might give you an 

opportunity to see the Sagrada Familia 

Cathedral, but that comes with time 

in immigration queues and shuttling 

between accommodation, expo venues 

and airports rather than being served 

bubbly and beluga. 

If you’re the one at home, acknowledge 

your thwarted wanderlust and envy 

is allowed, but remember that your 

partner might also be sitting through 

Death By PowerPoint in a grey 

auditorium somewhere. 

Make contact routine: find a time 

that works for each you each day to 

have some face-time, whether it’s on 

Whatsapp or any of the new platforms, 

like Appear.In, ooVoo, Viber, or even 

the much-maligned, up-again-downagain 

Skype. 

Try one of the new apps specifically 

for private relationships, like Couple, 

which combines aspects if Whatsapp 

with elements of Snapchat, deleting 

your messages after a while. If you 

have time, an app like Icebreak takes 

the famous “The 36 questions that lead 

to love” premise and poses questions 

for couples instead of strangers. It also 

offers the option of reading strangers’ 

replies, often with side-splitting results. 

Similarly, Happy Couple asks five 

simple questions a day to help you get 

to know your partner better. 

Get your game on: if you’re in your 

hotel in Frankfurt, you’re in no 

position to unpack the dishwasher 

at home, but you could, for example, 

play Words With Friends with your 

kids while your partner gets on 

with chores at home or just to relax 

with a sundowner. This helps you 

stay engaged with your family while 

allowing your Significant Other some 

breathing-room. 

Share your journey: Flight tracking 

apps can be a fun way for your loved 

ones to keep tabs on your progress 

using your flight-number. FlightAware, 

GateGuru and FlightView are popular, 

but there are plenty of others. Bear 

in mind that some flights may have 

several flight numbers codeshare 

airlines are involved. 

Finally, one certain way to have a 

healthy relationship is to stay healthy 

yourself: sleep, exercise and fresh air 

will help. Rather than listless channelflicking, 

stay rehydrated and get some 

rest, and in the morning, lace up those 

running-shoes and get your heart-rate 

up. 

To make your business travel that 

much easier and to find out more 

about kulula work call +27 (0)11 285 

3050, email sales@kulula.com or visit 

www.kulula.com/work. 

Dawn Weir, Head of kulula work has 

more than 28 years corporate travel 

experience. Her career has included 

work for blue-chip companies such 

as HRG Rennies Travel, Carlson 

Wagonlit and Medtronic where she 

implemented tailor-made corporate 

travel solutions for their customers 

including Barclays, Pfizer, Sasol and 

Barloworld. Throughout her career, 

Weir has worked to make corporate 

travel more effective and efficient 

through cost-saving mechanisms, 

enhancing process-efficient travel 

solutions and best-of-breed customer 

service. As a specialist in corporate 

travel management, Dawn connects 

with corporates for seamless business 

travel. 

Entrepreneurs capacitated at 

Young CEO’s breakfast meeting 

Oyewo-Umoh Adetola Elizabeth 

The Durban Chamber of Commerce 

and Industry (DCCI) hosted its 

inaugural Young CEO’s Breakfast 

on 03th July 2018. The purpose of 

the event was to create the platform 

for young business leaders and 

entrepreneurs, big businesses and 

the Chambers of KwaZulu-Natal 

(KZN) to create a dialogue regarding 

what is needed to move young KZN 

entrepreneurs and business leaders 

to the next level of leadership, 

profitability and influence. 

The event unpacked how young 

entrepreneurs and business leaders 

can be drivers of technology in their 

businesses. DCCI President, Musa 

Makhunga said; “as the Chamber we 

are striving with our stakeholders 

in dealing with poverty and 

unemployment. We need to think of 

robotics and leverage on the fourth 

industry revolution. 

We support the UN 

Development goals and 

we hoping that we put 

in place several things 

to meet these goals” 

Executive Head of 

Vodacom’s KwaZulu- 

Natal Enterprise 

Business Unit, 

Eleni Kwinana said; 

“Young CEOs in 

KZN must dream big 

and know that with 

Vodacom Business 

as a tech partner, 

costly investments in 

infrastructure will no 

longer be a barrier to 

success. Vodacom’s 

tagline is ‘The future is 

exciting. Ready?’’ 

Chair of Digital 

Business at Wits 

Business School, Dr. 

Brain Armstrong 

reiterated that the 

world is transformed 

by technology. “There 

is the need to equip 

ourselves for the 

future and loss of jobs. 

Business and leaders 

need to understand these drivers of 

success and how to embrace them in 

their leadership styles and behaviors”.



8 


Opportunities 

Government grants for Agriculture 

An agricultural government 

grant is the awarding of 

financial assistance to your 

agribusiness. Grants generally don’t 

need to be paid back by the recipient. 

However, there will be specific criteria 

for determining who will be eligible 

for a grant and once awarded, strict 

guidelines around what the fund can 

be used for. 

Here is a list of some government 

grants for agriculture: 

1. Land Redistribution for 

Agricultural Development 

(LRAD) 

The LRAD programme was developed 

to support previously disadvantaged 

citizens to buy both land and 

agricultural equipment specifically 

for the purpose of an agribusiness. 

The LRAD grant is a non-refundable 

financial contribution from 

government. 

Capital requirements: This grant 

only supplements your existing funds 

to support you in growing your 

agribusiness. You need to have some 

kind of capital contribution to begin 

with. Cash contributions can be a 

minimum of R5000, which will qualify 

you for a minimum grant of R20 000, 

and a maximum of R100 000, which 

will qualify you for a maximum grant 

of R400 000. 

Your contribution doesn’t have to be 

cash only. Agricultural assets integral 

to your operation can be counted as 

contributions. The total monetary 

value of these assets will be calculated 

to determine your contribution 

amount. Payments still outstanding 

on financed assets will not affect 

your contribution amount – the full 

value of the asset will be taken into 

consideration. Examples of assets that 

will be considered are: 

Property 

Machinery 

Equipment 

Livestock. 

Land that you obtained through a 

previous grant, restitution, tenure 

security grant or donation cannot be 

used as your own contribution. Labour 

can also be considered as part of your 

contribution, but the labour units can 

only be equated to a maximum of R5 

000 of your own contribution. 

How to apply: In order to qualify for 

this agribusiness government grant 

applicants will need to comply with the 

following criteria: 

• Previously disadvantaged individuals. 

• At least 18 years of age. 

• Have the intention to use the land 

only for agricultural purposes. 

• Have the intention to farm on a fulltime 

basis, unless you’re taking part in 

a safety-net project. 

• You can’t have a current position 

inside government structures. 

• After you’ve acquisitioned the land, 

be prepared to participate in a training 

programme. 

• You’ll need to be in a position to 

make your own contribution, whether 

by monetary funds, assets owned or 

labour units. 

• If you’re applying as a group, you’ll 

need to be an organised business. 

• Have your own bank account. 

For information about the LRAD 

agricultural government grant 

programme along with the application 

process please contact (012) 319 7020 

or visit your closest Land Affairs or 

Agricultural Provincial offices. 

2. Sector Specific Assistance 

Scheme (SSAS) 

The SSAS is a reimbursable costsharing 

government grant that can 

be applied to the agricultural sector, 

where financial support is given to 

business that are supporting the 

development of industry sectors and 

businesses contributing to the growth 

of SA’s exports. 

The objectives of the SSAS 

agricultural government grant are to: 

• Develop entire industry sectors. 

• Develop new export markets. 

• Improve employment opportunities. 

• Expand the export base. 

• Develop solutions to inhibitors of 

export growth. 

• Promote comprehensive participation 

of black owned business and SMME’s 

to the economy. 

Funding requirements 

This agricultural government grant is 

divided into three subsections: 

• Generic funding – R50 000 grant 

for establishing an export council. 

This grant can be used for marketing, 

advertising and publicity costs on a 

2:1 ratio, reaching a maximum of R1 

million. 

• Project funding – 80:20 cost-sharing 

grant for projects that are enhancing 

eligible sectors, like agriculture, 

identifying new export markets and 

promoting black SMME’s, women, 

youth and people with disabilities. 

• Project funding for emerging 

exporters – Costs of travel, 

accommodation, exhibition costs, 

transportation of samples and 

marketing material will be covered to a 

maximum of R1.5 million. 

SSAS projects objectives 

These projects have a specific task 

that can be pre-determined and have 

a specific short-term time period 

and measurable milestones. They are 

developmental or promotional in 

nature, which means they uplift your 

sector and highlight your business and 

SA as a good export partner. 

These projects can benefit the entire 

sector by promoting SA’s products 

internationally. The SSAS also funds 

non-profit businesses in your sector 

and sub-sector to uplift the entire 

sector. 

How to apply 

To find out about the application 

process, apply or find out other 

information please contact: 

Mr. Donald Manuela 

Tel: +27 (12) 394 1716 

Email:dmabusela@thedti.gov.za 

3. Isivande Women’s Fund 

(IWF) 

The Isivande Women’s Fund funds the 

improvement of women’s economic 

empowerment in the agricultural 

sector. This fund is specifically aimed 

at businesses that require: 

• Start-up funding 

• Business expansion 

• Business rehabilitation 

• Franchising 

• Bridging finance. 

The fund specifically supports the 

development of self-sustaining womenowned 

business within South Africa 

by offering these businesses primary 

financial and non-financial support. 

How to apply 

In order to be eligible businesses that 

are women owned need to meet the 

following criteria: 

• Running for six months. 

• Requires early stage capital for 

expansions and growth. 

• 50% plus one share owned and 

managed by women. 

• Has potential growth and commercial 

sustainability. 

• Improving social impact with 

employment creation. 

Companies that are suitable and 

require funding between the amounts 

of R30 000 and R2 million are 

invited to submit their application. 

Applications to the IWF should be 

made through +27 (11) 772 7910. 

Application forms can be downloaded 

from www.idf.co.za 

4. Strategic Business Unit 

(SBU): Agri-business and 

agriculture 

The aim of this agricultural funding 

opportunity is to develop competitive 

processed food, beverage, fibre, and 

forestry and derivative industries. 

This applies to industries that 

specifically use and develop local 

and regional resources that supply 

domestic demand, as well as increase 

participation in international trade. 

These businesses intend to achieve 

this by expanding the capacity of 

production and encouraging value 

adding expansionary which will lead to 

an increase in processing activities. 

This agricultural funding opportunity 

is eligible to a wide range of 

economically viable businesses in the 

agro-processing sector like: 

• Maize 

• Wheat and sugar 

• Livestock such as cattle, poultry, pigs 

and game 

• Fishing and aquaculture 

• Beverages 

• Forestry 

• Horticulture including fruit, 

vegetables, nuts, tea and coffee. 

The purpose of the fund 

The outcomes for this agricultural 

funding programme is to fund and 

support development activities and 

have the following impact on South 

Africa’s economy: 

Promotion, expansion and extension of 

new and existing industries. Resulting 

in the creation and preservation of 

employment prospects as well as 

driving sustainable economic growth 

opportunities. 

Enabling local industries to better 

utilise resources and infrastructures 

Enabling local industries to enhance 

operating margins as well as improve 

and maintain competitiveness. 

How to apply 

Agri-businesses that are new or 

existing, are within agro-processing 

and the agriculture sector that are 

planning to create new or expand their 

industrial capacity with the economy 

can apply to this fund. 

The specific criteria for South African 

investment opportunities are: 

• The funding must be used to facilitate 

the creation of new industrial capacity 

and the creation of job opportunities. 

• Operating private-sector investment 

partners need to be risk-sharing and 

the shareholders need to guarantee the 

funding of any shortfalls. 

• Specifically equity related funding 

only applies to large investments, 

strategically important investments 

and minority interests. 

The funding’s limits are: 

• Funding can only amount to 60% of 

total funding requirement for a startup 

businesses 

• The fund will cover the whole 

business expansion if the equity 

structure at peak is a minimum of 35% 

• The preferred equity structure for 

start-ups is minimum 50% at its peak. 

• BBBEE conditions: All business 

partners will need to have at least a 

level 5 or 4 accredited BBBEE rating, or 

provide a strategic plan to achieve this 

rating within an agreed upon period 

of time. 

If you want to apply or ask for further 

information https://protected.idc.co.za/ 

Register.aspx 

5. Land Bank 

The Land Bank provides financial 

services to the commercial farming 

sector. It was created by government 

for the specific purpose of financing, 

agri-business as well as financial 

products that would promote new 

entrants into the agriculture industry. 

Products and services 

The Land Bank offers the following 

products and services to the 

commercial farming sector: 

• Long Term Loans 

• Medium Term Loans 

• Short Term Loans 

• Deposits 

• Guarantees 

• Establishment Loans 

• Large Live Stock 

• Instalment Finance 

• Special Mortgage Loans 

This South African development 

finance institution serves all farmers 

equally. 

Entries Open: 

AppsAfrica Innovation 

Awards 2018 

Entries are now open for the fourth 

annual AppsAfrica Innovation Awards 

which celebrate the best in mobile and 

tech from across Africa, showcasing 

the continent’s most innovative 

ventures in Cape Town. 

Why Enter? 

The awards provide winners with 

industry recognition, global publicity, 

and networking with 300+ industry 

peers at the Awards party in Cape 

Town on November 12th on the eve of 

AfricaCom. Winners are also invited 

to Africa Tech Summit Kigali 2019 to 

join 400+ tech leaders from across the 

continent. 

14 Categories 

The Awards provide a level playing 

field and are open to corporates, 

established ventures or start-ups who 

have launched services in at least one 

African market for the following award 

categories; Applications are welcome 

from mobile or technology ventures 

with services launched in at least one 

African market for the following award 

categories; Disruptive Innovation 

Award Business models are being 

disrupted across the continent using 

technology and innovation. 

Best Social & Messaging Award 

This award recognises any social 

or messaging services that help


9 


Opportunities 

Africans in their daily routines, share 

experiences or help people network 

together. 

Health Tech Award 

This award celebrates the use of 

technology to improve health services 

in Africa. Entries may include a new 

service, device, software, hardware or 

use of apps, SMS, IVR or social media. 

Best African App Award 

This award recognises the best 

applications successfully launched 

on any platform to target African 

consumers or businesses. Entries 

are welcome across all sectors and 

platforms. 

Enterprise Solution Award Africa 

This award celebrates enterprise 

services across Africa. Entries welcome 

from innovative ventures and mobile 

services streamlining, improving and 

helping business across Africa. 

GMC CoLabs 

What is coLABS? 

coLABS is an early-stage investment 

portfolio seeking to invest in bold, 

innovative, and widely scalable social 

enterprises that have the potential 

to dramatically improve the lives of 

women and girls around the world. 

Our Model 

We believe it takes more than capital 

alone to scale social enterprises for 

maximum impact. 

OUR APPROACH: At coLABS, our 

“gender lens” strategy moves beyond 

focusing on individual women 

as leaders. We strategically fund 

entrepreneurs and early-stage ventures 

that leverage women, and their critical 

role in the community, as a core part 

of their corporate DNA and business 

model. We believe widening our 

investment lens will create the greatest 

impact on quality-of-life for women 

and girls in these communities. 

OUR TERMS: We provide revenueshare 

investment capital and seek a 

healthy return on investment within 

3-5 years of investment. To understand 

more about our investment terms, 

Blockchain Awards AfricaBlockchain 

Award 

This award will recognise initiatives 

that are utilising blockchain 

technology to increase the speed, 

efficiency, accuracy, transparency or 

cost-effectiveness of any sector in 

Africa. 

News & Entertainment Award 

This award seeks to recognise the best 

news and entertainment innovations. 

Examples include music, literary, 

gaming, children’s entertainment, 

lifestyle and video. 

Educational Award Africa 

Delivering education has many 

challenges in Africa. This award 

recognises services which are striving 

to improve education by utilising 

mobile or other technologies. 

Fintech Award Africa 

This award recognises the best fintech 

see the below revenue-share overview 

and a detailed sample term sheet with 

explanations. 

Our Criteria 

➢ We are looking for companies 

that strongly align with our four key 

criteria. 

➢ Are women central to the growth 

of your business? Does the issue 

you’re solving for your community 

disproportionately affect women/girls? 

➢ Can your company grow wide/fast 

enough within 5 years to reach new 

markets or to provide new services/ 

products to your customers? 

➢ How are you bringing something 

new to the world? 

➢ Have you tested your idea, seen it to 

be sustainable, and now you’re ready to 

scale? Is revenue-share the appropriate 

type of investment capital for your 

company? 

For more information or to be part of 

the CoLabs, you can visit the website; 

www.gmccolabs.com 

innovation including digital currency, 

bitcoin, mobile money, wallets, P2P, 

money remittances & transfers, point 

of sale or funding platforFintech 

Award 

AppsAfrica Agritech Award 

This award recognises the best tech 

innovations driving agriculture across 

the continent. This includes but is not 

limited to hardware, software, drones, 

big data, IoT services, mobile services 

or any technology supporting farmers, 

improving yields or supply chains in 

Africa. 

Social Impact Award Africa 

This award recognises an inspiring use 

of technology that has a positive social 

impact for an African community 

while contributing to economic and 

social development. 

IoT AppsAfrica AwardIoT Award 

This award recognises the most 

A government incentive is an 

incentive programme that is offered 

by various government departments. 

These incentives are used to stimulate 

and assist sustainable, competitive 

development within industries. This 

is accomplished by offering accessible 

incentives that can successfully 

improve national priorities. 

There are several programmes that 

support development and growth of 

commercially viable and sustainable 

business opportunities along with 

incentives specific to funding or tax 

relief. Incentive programmes aim 

to ensure the creation of new and 

sustainable jobs. 

Government incentives were created 

to increase the level of participation 

in certain developing areas that may 

have otherwise been too costly for 

businesses. The Department of Trade 

and Industry has several incentive 

programmes but various other 

government departments also offer 

own incentive programmes. 

Here are 2 government incentives 

offered that are not specific to 

the agricultural industry but an 

agribusiness could apply for: 

1. Business Process Services 

(BPS) 

The BPS government grant was 

developed to attract new investments 

from international businesses in a 

bid to create additional employment 

opportunities in South Africa. This 

specific grant has already created 

9077 new jobs and has had an annual 

growth rate of 26% over the last three 

years. 

The purpose of the incentive 

The primary objective of the BPS 

government grant is to create jobs 

through servicing offshore business. Its 

secondary objectives are: 

• To create youth job opportunities. 

• To contribute to the export revenue 

of the country using offshoring 

services. 

The benefits of the BPS government 

grant are: 

• Incentives are calculated based on 

projected international employment 

created. 

innovative internet of things (IoT) 

applications, devices, products or 

services from brands, companies, 

agencies or platforms that have 

excelled in utilising IoT across Africa 

in any sector. Enter Now 

mCommerce Award mCommerce 

Award 

This award is dedicated to celebrating 

the new wave of mobile commerce 

initiatives across Africa. Entrants 

might include online platforms, retail 

brands, portals, apps, classifieds, 

comparison sites and many more 

driving mCommerce across Africa. 

Changing Africa Award 

This award seeks to recognise the 

leading companies driving game 

changing initiatives across Africa 

for the masses. Entrants might 

include MNO’s, leading tech 

platforms, hardware providers, banks, 

• Incentives are offered on a twotier 

structure for non-complex and 

complex jobs. 

• Incentives are paid for five years from 

the date the offshore job is created. 

• Incentives are determined at 

application stage, depending on fully 

loaded operational costs. 

• A bonus incentive is paid at the end 

of the five year period. 

How to apply 

In order to be an eligible your business 

must meet the following requirements: 

• Performing BPS activities; starting 

a new operation or expanding an 

existing operation in order to perform 

BPS activities. 

• Needs to have created 50 new 

offshore jobs after three years. 

• Must commence no later than six 

months from grant approval. 

• Must have at least one party 

registered in SA as a legal entity. 

• Employ at least 80% youth. 

• Secured an offshore contractor. 

• Financially viable project. 

• Compliance with all statutory 

requirements. 

• Be a going concern. 

If you want to apply or find out more 

information please visit the DTI. 

2. Aquaculture Development 

and Enhancement Programme 

(ADEP) 

This agricultural government incentive 

connectivity providers, OEM’s or any 

tech company driving progress across 

multiple African countries in any 

sector. 

Mobility Award 

This award seeks to recognise the 

leading ventures using technology such 

as hardware, software, robotics, drones 

or innovative mobile services that 

improve mobility, logistics or supply 

chains in an African market. 

DEADLINE 

The deadline for entries is September 

7th, with the shortlisted finalists 

announced in October 2018. Award 

applications will be assessed by a team 

of expert judges who are selected based 

on their knowledge, influence and 

contribution to the improvement of 

technology and business in Africa. 

Agricultural government 

incentive programmes 

programme offers businesses a 

reimbursable cost-sharing grant of up 

to R40 million. The ADEP is available 

to companies that are engaged in 

the primary, secondary or ancillary 

aquaculture activities within both 

marine and freshwater options. 

The ADEP agricultural government 

incentive programme’s objectives are 

to: 

• Increase your production. 

• Sustainable and creation of job 

opportunities. 

• Encouragement of the geographical 

spread of companies throughout South 

Africa. 

• Broadening of participation 

throughout the sectors within South 

Africa. 

The purpose of the incentive 

ADEP offers a reimbursable costsharing 

grant of up to R40 million as 

part of its incentive programme, which 

specifically covers: 

• Machinery 

• Equipment 

• Bulk infrastructure 

• Owned land/or buildings 

• Improvements on leases 

• Activities to improve 

competitiveness. 

How to apply 

Businesses that are eligible for the 

ADEP aquaculture government 

incentive need to be involved in the 

following processes: 

• Primary aquaculture operations 

• Brood stock 

• Seed production 

• Juvenile operations, including 

facilities for a hatchery and nursery. 

• On-growing procedures, such as 

rafts, net closures, net pens, cages, 

tanks raceways and ponds. 

• Secondary aquaculture operations 

• Primary processing 

• Secondary processing 

• Tertiary processing 

• Waste stream handling for 

aquaculture 

• Ancillary Aquaculture Operations 

• Aquaculture feed manufacturing 

• Research and Development projects 

• Privately-owned aquaculture 

veterinary



10 

Business Events Calendar 

July 


Please note that RSVP is essential for most events. 

To stay updated about business events taking place around you visit www.smmenews.co.za under Events Calendar or subscribe on the website to receive 

timely news via email. To have your event published on the SMME News newspaper and website, contact sales@smmenews.co.za. 

JUL 26: Student 

Entrepreneurship Week 2018 

Hosted by UKZN ‘s College of 

Law and Management Studies and 

University of KwaZulu-Natal 

Jul 26 at 12:10 PM to Jul 27 at 4:10 

PM 

JUL 27: Durban Business Fair 

Hosted by KwaMnyandu 

Shopping Centre & EThekwini 

Municipality 

8am-5pm 

KwaMnyandu Shopping Center 

JUL 27: CCMA Workshop: 

Transformation Initiative 

Hosted by Durban Chamber of 

Commerce and Industry 

10 AM - 12 PM 

Book: http://ow.ly/pTk830kINeZ 

JUL 31: Seminar on 

occupational Health and Safety 

Hosted by Minara Chamber of 

Commerce 

8 AM - 12 PM 

Contact: althaffsm@gmail.com 

JUL 31: Tourism Business 

Forum 

Hosted by Durban Chamber of 

Commerce and Industry 

2 PM - 4 P 

JUL 31: Build Your Business On 

Instagram 

5 PM - 7 PM 

Tickets: https://www.quicket.co.za/ 

August 

AUG 1: Wedding Industry 

Networking Breakfast 

Hosted by Wedding & Function 

KZN Magazine 

8 AM - 10 AM 

Hillcrest AIDS Centre Trust 

BOOKINGS ARE ESSENTIAL - 

admin@fliggy.co.za 

AUG 2: Wedding Planning with 

the basics of Flowers & Draping 

Hosted by The SA School of 

Weddings 

8:30am – 5:30pm 

Westville Country Club 

Contact: 0861171172/info@ 

saschoolofweddings.co.za 

AUG 2: Marketing Training for 

Small Businesses 

Hosted by Brand Heart Digital 

Marketing 

8:30am-10:30am 

AUG 4: Property Investment 

Seminar - Easiest Way to Financial 

Freedom 

Hosted by Prosperity Enterprises 

09h00 - 14h00 

Book: 010 285 0549/jaco@ 

prosperityenterprises.co.za 

AUG 7: Young Entrepreneurs 

Coffee Connection Discusses 

Strategy 


Commerce 

5:30 PM - 7 PM 

Contact: kzn@minara.org. 

za/0310281898 

AUG 7: The Business of Flowers 

KZN 2018 

Hosted by Talloula and Epanouir 

flower studio 

Aug 7 at 8:30 AM to Aug 8 at 5 PM 

Email coral@eflowerstudio.co.za for 

an invoice places only confirmed on 

receipt of payment in full. 

AUG 8: Accelerate Mentorship 

Programme 

Hosted by The Businesswomen’s 

Association - Durban Branch 

9am-12pm at The Corner Office 

AUG 11: Learn to drape 

workshop Durban - R370pp. 

Hosted by Perana Set Design 

8:30am – 3:30pm 

Tickets: www.peranasetdesign.com 

AUG 11: Womans day boat 

cruise 

Hosted by Durban entertainment 

Express 

Wilson’s Wharf Durban Harbour 

Cruise Time: 13h00-15h00 

To ensure your comfort so please 

book early to avoid disappointment 

0766874685/0785496640 

AUG 25: Seminar on National 

Minimum Wage Act 


Commerce 

8:30 AM - 11:30 AM 

Contact: kzn@minara.org.za 

AUG 17: Regional 

Businesswoman of the Year Award 

Durban Gala Dinner 

Hosted by The Businesswomen’s 

Association - Durban Branch 

6:30 PM - 10 PM 

Get tickets on: www.quicket.co.za 

AUG 14: Durban Entrepreneur 

Social 

Hosted by The Corner Office 

6pm-8pm 

Tickets: www.quicket.com 

AUG 16: Wonder Women 

Hosted by The Robin Hood 

Foundation 

8 AM - 11:30 AM 

email info@robinhoodfoundation. 

co.za 

AUG 25: Doek on Fleek All 

White Party – Durban 

Hosted by Doek On Fleek 

Lifestyle 

12 PM - 10 PM 

Tickets Available @ Computicket; 

Shoprite and Checkers 

Any queries : Cleo on 0793277638 

or Thandi on 0729341843 

AUG 25: RISE UP (Building 

And Empowering Women To Be 

Succeed) 

Hosted by Radical fm SA 

Reloaded 

7 AM - 10 AM 

For tickets call 082 096 3359 

AUG 27: BIO Africa 

Convention 

Hosted by AfricaBio 

8am-3pm @ Durban ICC 

Tickets: www.bioafricaconvention. 

com


11 


Informal Trading 

ITheku nomkhankaso 

wokuphucula abadayisa 

emigwaqeni 

LOANS!!! 

Blacklisted, Garnish sametime 

payout. Requirements: ID, 

3 months bank statement & 

Latest payslip. 

Contact Mbali 

060 473 2442 

Intatheli ye SMME 

LOANS!!! 

LOANS!!! 

Umkhandlu 

ka Masipala was 

eThekwini usukhiphe 

isamba semali elinganiselwa ku 

R18 million ozosetshenziswa 

ukwakhiwa kwezizinda 

zokudayisela abahwebi 

basemigwaqeni esenkabeni 

yedolobha. 

Lezizakhiwo kuhloswe ngazo 

ukukhipha lezo ezindala 

ezimfishane futhi ezingenayo 

indawo eyanele yokubeka izinto 

ezidayisayo kanye nokuzigcina. 

Kumanje lezizakhiwo sezikhona 

emgwaqeni uJoe Slovo obukade 

waziwa ngo field street kanti 

kulindeleke ukuthi zisabalaliswe 

lonke idolobha. Ngokubukeka 

kwazo, zivulekile, futhi 

zinendawo yokugcina izimpahla 

emaceleni nangaphansi 

okuyinto ebingekho kulezi 

ezindala. 

Ngokusho kuka Michael 

Hlangu, ongumphathi we 

Informal Economy ngaphansi 

kuleli dolobha enye yezinhloso 

zabo ngalezizakhiwo 

ukugqugquzela inhlanzeko 

edolobheni. 

“Ngendlela lezizakhiwo 

ezenziwe ngayo zizodlala 

indima enkulu ekunciphiseni 

ukugcwala lapho kuhamba 

Izobukeka kanje imipheme emisha okunezinhlelo zokuthi 

isatshalaliswe enkabeni yedolobha iTheku. 

khona abantu, ziphinde 

zigqugquzele inhlanzeko 

nokuyinto eseqhulwini 

ohlelweni lwe Inner City 

Regeneration Programme” 

kubeka uHlangu 

ephephandabeni lakuleli 

dolobha. 

Abadayisi basemigwaqeni 

badlala indima enkulu 

ekufukuleni umnotho waleli 

dolobha njengoba ungenisa 

imali ebalelwa ku R8 billion. 

Khonamanjalo; lo Masipala 

uqinisekise ukuzibophezela 

kwawo ukusebenzisana 

nosomabhizinisi abasafufusa 

kanye nalabo asebephumelele 

ngokwamukela uhlu 

lwezikhalazo obelusuka 

enhlanganweni i-South African 

Informal Traders Forum 

ngemuva kwemashi ebisuka ku 

Bothas Park ibheke e-City Hall. 

Le mashi ibibanjwe ziyi-6 ku 

Ntulikazi 2018. 





Contact Zinhle 

082 580 5556 





Contact Thabsile 

060 312 3733

SPORT 



Sports has the power to 

influence masses, apart from 

being just about fun games and 

accolades. Professional sports people 

can also use their names to make 

monetary gains for themselves. There 

are brands that when you think of, a 

certain athlete crosses your mind. An 

example for this is the relationship 

between Puma and Usain Bolt, Tiger 

Woods and Nike as well as Lionel 

Messi and Adidas to mention a few. 

Brands are continuously changing 

the game when it comes to creative 

marketing campaigns focusing on an 

athlete endorsement 

Such endorsements usually continue 

beyond an athlete’s active years 

in sports, even after retirement 

some of these athletes engage in 

ambassadorship deals with these 

brands. A lot of brands are receiving 

a good feedback from such deals, so 

much that they are even endorsing 

upcoming athletes who have not yet 

made a name for themselves at an 

international stage. 

So what can a budding athlete do to 

secure sponsorships and also make 

monetary gains off the field? 

Here are a few pointers on how to go 

about doing that. 

20th issue July 2018 

Off field opportunities 

to explore for athletes 

Be the brand: Before brands can background check on you. Once you 

endorse you, make sure you take have a portfolio, you can try to knock 

Here are three athletes who make 

good care of yourself. You live like an on certain doors and see if anyone 

more from endorsements than they do 

athlete, behave in a manner in which might be willing to work with you. 

from their sports career: 

brands can see value in endorsing You will be surprised as to how many 

you. Your behaviour off the field will people are willing to endorse you. And 

TIGER WOODS has been one of the 

most likely determine whether anyone besides you will never know until you 

best-paid athletes in the world for 

would want to be associated with you try. 

around two decades, and he is now 

or not. 

Utilize social media: Nobody would 

valued at $640 million. Regarded 

Be more than just an athlete: Most want to endorse an invisible person, 

by many as the greatest golfer that 

brands pride themselves for being be active on social media. Brands want 

the world has ever seen, Woods 

able to give back to communities, you to know that if they give you soccer 

won his first major in 1997, having 

can also try on your free time to visit boots or running shoes, you will be 

turned professional at the age of 20. 

NGO’s who might need help. Do this able to post on your social media 

He has won a total of 14 major golf 

out of the goodness of your heart. Try pages thanking them, in that way they 

tournaments over his career, and been 

as much as possible to be a people’s know that your followers know which 

ranked world number one for longer 

person. This will surely help improve brand you are using or associated with 

than any other golfer in history. After 

your outlook. 

and they too can also want to buy that 

a slump in form, Woods’ annually 

Knock on doors: It is important for brand. 

earnings are down to $600,000, yet 

you to create your portfolio of what The sooner you realize your potential 

he is still earning $50 million in 

you do as a sports person and what as your own business entity, the sooner 

endorsement deals, meaning around 

you also do off the field for the greater you will generate off-field revenue 

98% of his earnings are not through 

good of the community and your opportunities and endorsements. 

golf. 

contributions to society in general. Some of today’s athletes who have 

This will help to give you contactable created a strong brand image earn 

ROGER FEDERER is the most 

references for when they want to do a more off the playing field than on it. 

successful and many consider the 

greatest tennis player of all time. 

He has won 17 Grand Slams, more 

than any other man in the history of 

the sport, and is still world number 

2; his longevity and success is 

unprecedented. He has made more 

money in winnings than any other 

tennis player in history, earning $6.5 

million through his success on the 

court annually; but this is still dwarfed 

by the $65 million a year raked in 

through endorsement deals. Federer’s 

biggest deals have been with Nike, 

Mercedes-Benz, Moet & Chandon and 

Gillette, he is estimated to be worth 

around $350 million. 

MARIA SHARAPOVA is one of the 

finest female tennis players of her 

generation, with the Williams sisters 

being the only active female players 

who are more successful than her. 

Sharapova made a huge impression as 

a youngster, becoming world number 

one at the age of just 18. She has 

struggled for injuries for much of her 

career but has managed to win at least 

one singles title every year between 

2003 and 2015. Sharapova is the 

highest earning female athlete in the 

world. She earns $6.7 million through 

her tennis playing and $23 million 

in endorsements. Sharapova has a 

number of major brands she endorses, 

including Head, Cole Haan, Nike, 

Porsche and Samsung.

SMME NEWS - JULY 2018 ISSUE

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