SMME NEWS - NOVEMBER 2018 ISSUE
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5 smme news the heartbeat of small enterprises<br />
Transport Education Training Authority (TETA): Greenprenuers and Green Transportation<br />
By : Oyewo-Umoh Adetola Elizabeth<br />
The Transport Education and Training Authority(TETA )<br />
in partnership with the Centre For Learning on Evaluation<br />
AA(CLEAR) University of Witwatersrand hosted the 2nd TETA<br />
stakeholders engagement session at the Protea Edward<br />
Hotel , Durban, on the 2nd of November <strong>2018</strong>. With the aim<br />
to provide consolidated findings on processes and content of<br />
2019/20 update, green transportation research and hard-tofill<br />
vacancy in the face of leveraging on the fourth industrial<br />
revolution. This is key in generating new knowledge and<br />
information towards technological advancement and growth<br />
of the Transport Industry in South Africa.<br />
The discussion was facilitated by University of Venda team,<br />
from the Department of Urban and Regional Planning, School<br />
of environmental Sciences; Professor Peter Bikam and Dean<br />
School of Environmental Sciences, John Odiyo and Dr<br />
James Chakwizira. The workshop identified that transport<br />
activity levels are strongly related to socio- economic drivers<br />
and accessible transport is an important enabling factor for<br />
economic growth.<br />
Green transport include electric trains, cars, trams and electric<br />
buses that are environmentally friendly vehicle that produces<br />
less harmful impacts to the environment than comparable<br />
conventional internal combustion engine vehicles running<br />
on gasoline or diesel, Green vehicles can be powered<br />
by alternative fuels and advanced vehicle technologies and<br />
include hybrid electric vehicles, plug-in hybrid electric<br />
vehicles and battery electric vehicles.<br />
A fundamental shift in investment patterns is needed, based<br />
on the principles of avoiding or reducing trips, shifting to<br />
more environmentally efficient modes such as public and<br />
non-motorised transport (for passenger transport) and to rail<br />
and water transport (for freight) is recommended. Investment<br />
in public transportation and vehicle efficiency improvements<br />
generates exceptional economic returns. Such investments,<br />
among other measures, should be enabled through shifting<br />
financing priorities towards public transport and non-motorised<br />
transport, coupled with strong economic incentives such as<br />
taxes, charges and subsidy reform.<br />
A fundamental shift in investment patterns is needed, based<br />
on the principles of avoiding or reducing trips, shifting to<br />
more environmentally efficient modes such as public and<br />
non-motorised transport (for passenger transport) and to rail<br />
and water transport (for freight) is recommended. Investment<br />
in public transportation and vehicle efficiency improvements<br />
generates exceptional economic returns. Such investments,<br />
among other measures, should be enabled through shifting<br />
financing priorities towards public transport and non-motorised<br />
transport, coupled with strong economic incentives such as<br />
taxes, charges and subsidy reform.<br />
Green transport supports the other pillars of sustainable<br />
development, namely economic affordable, fair and efficient<br />
transport that supports a sustainable competitive economy<br />
and<br />
the creation of decent jobs. It was highlighted that green<br />
transport will help boost economic growth, creates jobs and<br />
create green entrepreneurs. Key recommendation was that<br />
other transport choices with very low environmental impact<br />
such as cycling and other human-powered vehicles, and<br />
animal powered transport should be encouraged.<br />
Picture from the left : University of Venda team, from the Department of Urban and Regional Planning, School of environmental Sciences,<br />
Dr James Chakwizira, Dean School of Environmental Sciences, John Odiyo; Professor Peter Bikam TETA Acting Manager, Research and<br />
knowledge(in white shirt) Nathi Gumbi<br />
Winners of the National Business Awards<br />
New Venture Competition by the Harvard Business School Club<br />
By : Tanya Bouverie<br />
The best in the industry were<br />
named at the 16th annual National<br />
Business Awards gala ceremony<br />
in Johannesburg on Thursday, 15<br />
November <strong>2018</strong><br />
In collaboration with Top Performing<br />
Publication, South African National<br />
Business Awards, recognises key<br />
role players in the business sector.<br />
Tapco Media, researches and<br />
trails the movements of industry<br />
contributors to the economy.<br />
The aim if which is to encourage<br />
established key industry role<br />
players, to share their knowledge<br />
of how and their innovative ideas<br />
on exactly how they became<br />
successful with other aspiring<br />
entrepreneurs.<br />
It also acknowledges significant<br />
social and environmental<br />
contributions made by organisations<br />
through the excellence of service,<br />
commitment to their customers,<br />
ethical behaviour and environmental<br />
sustainability.<br />
The impactful keynote address was<br />
delivered by Asha Patel, Head of<br />
Marketing at Google South Africa,<br />
Bonang Mohale, CEO of Business<br />
Leadership South Africa, and<br />
Willem Baars, Managing Director<br />
of Goldman Sachs. The speeches<br />
encouraged discussions around<br />
business opportunities and forward<br />
thinking ideas in regard to public<br />
and private sectors to join forces in<br />
driving positive,<br />
inclusive economic growth for South<br />
Africa.<br />
Some of the winners were, Fast<br />
Growth Award went to Lemac Group<br />
South Africa, Corporate Citizenship<br />
Award was claimed by Adcock<br />
Ingram.<br />
The best Young Executive of the<br />
Year Award was taken by Zama<br />
Phakathi of Splendid Marketing and<br />
Communications and Top Performing<br />
Entrepreneur of the Year went to<br />
Avesh Padayachee of Fibon Energy.<br />
The complete list of winners<br />
can be viewed on the National<br />
Business Awards website. (https://<br />
nationalbusinessawards.co.za/<br />
awards/)<br />
The Harvard School of Business Club celebrates its’ annual 21st Africa Business<br />
Conference. This year, the event includes its’ New Venture for start-ups<br />
competition which has been running for six years, across the continent.<br />
The conference aims to bring informative dialogues in regard to new and<br />
innovative business models and strategies in Africa. It also seeks to contribute<br />
in social cohesion between nations by building strong networking relationships<br />
across spheres of government, corporates and private sectors.<br />
The competition is open to all African entrepreneurs with businesses, serious<br />
about shaping a better Africa for all who live in it. The Harvard Business School<br />
encourages entrepreneurs who exhibit ground-breaking, innovative solutions to<br />
local problems and therefore meet the following eligibility criteria, to apply.<br />
• Early Stage Startups (for profit or not-for-profit)<br />
• Africa-focused with a majority or all of its operations in Africa<br />
• Less than 50 employees<br />
• Less than 5 years of operations<br />
• Raised less $250,000 in funding to date<br />
Entrepreneurs from South Africa are invited to participate in this opportunity to<br />
give their business a great chance at success and continental exposure, the<br />
closing date is November, 30. For more information, competition details and<br />
application forms, visit the website. https://www.afterschoolafrica.com/32943/<br />
harvard-business-school-new-venture-competition/<br />
issue no. 24<br />
<strong>NOVEMBER</strong> <strong>2018</strong>