Mpumalanga Business 2021-22
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FOCUS<br />
Steel products company<br />
powers ahead after Seda boost<br />
Mboshini Engineering has gained new markets and<br />
is making new products as a result of partnering with Seda.<br />
Sbusiso Sibuyi started Mboshini<br />
Engineering Steel (Pty) Ltd in 2016<br />
after the company he worked for in<br />
Lillydale closed its doors. The company<br />
belonged to his father and manufactured<br />
trailers, dumpers and burglar gates. Sbusiso<br />
bought the company from his father and<br />
hired him as a manager. With the skills he had<br />
acquired, he started manufacturing burglar<br />
doors and gates for the local community and<br />
the Kruger National Park.<br />
When the demand for burglar doors and<br />
gates increased, Sbusiso expanded his product<br />
range to steel window frames, door frames,<br />
trailers, steel structures, bull bars, aluminium<br />
frames and palisades. Few businesses were<br />
offering these products at that time in the<br />
local community and neighbouring villages.<br />
The business has increased its business assets<br />
by buying a tipper truck and a tracker-loaderbackhoe<br />
(TLB).<br />
Mboshini Engineering Steel operates from a<br />
warehouse in Lillydale in the Ehlanzeni District<br />
Municipality and employs three people (the<br />
owner included).<br />
Challenges<br />
• Lack of funding to develop the business<br />
• No business plan to access finance<br />
• Lack of marketing tools<br />
• The business lacked adequate business<br />
management skills or systems<br />
Interventions and solutions<br />
The client started working with Seda in<br />
September 2017 and the following interventions<br />
were commissioned:<br />
• <strong>Business</strong> management skills training<br />
• A bankable business plan was developed to<br />
enable the business to gain access to funding<br />
• Financial management training was facilitated<br />
by First National Bank<br />
• Seda facilitated the development of signage to<br />
advertise, promote and increase business visibility<br />
• Referral to ABSA Bank for funding<br />
• Advised to use digital marketing to market the<br />
company’s products and services<br />
• The client attended a five-day Empretec<br />
training course.<br />
Seda’s interventions benefited the client in<br />
the following ways:<br />
• The business created one permanent job,<br />
leading to a staff complement of four and<br />
sustained three jobs.<br />
• Turnover increased by 55%.<br />
• The business secured sub-tenders from the<br />
Department of Education.<br />
• Increase in client number and sales to such an<br />
extent that the company has had to open a<br />
business bank account and hire an accountant.<br />
• Submitted a business plan to ABSA Bank and<br />
received significant funding. The money was<br />
used to buy a TLB.<br />
• Accessed funding from the NYDA.<br />
• Received a sub-tender from the Bushbuckridge<br />
Local Municipality for the leasing of a watertank<br />
truck.<br />
Sbusiso Sibuyi says of the work done by Seda<br />
<strong>Mpumalanga</strong> in assisting him gain access to<br />
funding and to create the conditions for the<br />
growth of his business, “Seda is doing wonderful<br />
work in assisting even rural entrepreneurs.”<br />
MPUMALANGA BUSINESS <strong>2021</strong>/<strong>22</strong><br />
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