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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>

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