Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).
STRAPLINE News &
STRAPLINE News & snippets Industry insights from the past quarter Dressing for success A group of companies and charities are combining to ensure that work-seekers have a better chance of success at interviews through the Suitably Dressed campaign. “At H&M we want to enable our customers to look good, feel good and do good and the Suitably Dressed campaign perfectly embodies this philosophy. By leveraging pre-loved fashion as a valuable resource, we can collectively drive positive change, empower job seekers and transform lives,” says Caroline Nelson, H&M South Africa’s Country Manager. The project is made possible through H&M’s collaboration with not-forprofit social enterprises Harambee Youth Employment Accelerator and Clothes to Good, as well as the entrepreneur, Miles Kubheka, who recently participated as a panellist, judge and mentor in the H&M Foundation’s Global Change Awards. H&M customers will be encouraged to drop off workwear. For each bag of workwear, donors will receive two “15% off” vouchers to use towards their next H&M purchases. Donations gathered at H&M will be collected and sorted by Clothes to Good, while the distribution to job seekers will be managed by Harambee. Harambee Youth Employment Accelerator collaborates with various partners to address the challenges preventing millions of young South Africans from accessing employment opportunities. Beyond its impact on employment barriers, the Suitably Dressed initiative aligns with H&M’s mission to foster a sustainable circular fashion industry that reuses and repurposes textiles before eventual recycling. Cleaner cranes can cut costs Fuel costs and emissions can be cut by up to 25% through the use of new technology, according to the agents for Konecranes. Lenny Naidoo, Acting National Operations Manager for Heavy Lift, a division of CFAO Equipment SA that sells heavy forklifts to container handlers and the ports industry, says that Konecranes’ investment in research and development has led to improvements in “the safety, productivity and cost-effectiveness of equipment”. The technology that has developed over many years, Konecranes Lift Trucks Flow Drive, also improves the driver experience and active operation time of the equipment is increased. With more than 80 years of experience in the lifting sector, Konecranes supplies lift trucks, reach stackers and forklift trucks for shipyards, ports and terminals. The innovative Flow Drive system uses hydromechanical variable transmission (HVT) to limit power at low speed, lowering wear, fuel consumption and emissions on a heavy-duty engine that maintains full performance. Accelerating access MTN South Africa intends to reshape local supply chains, drive economic growth and champion inclusivity with its newest Enterprise and Supplier Development (ESD) programme, MTN Xlerator. The company is intentionally supporting black-owned enterprises under the ESG pillar of its Ambition 2025 strategy. MTN’s Total Measured Procurement Spend increased from approximately R26-billion in 2018 to more than R44-billion in five years. R17-billion of that spend went to entities that are at least 30% black women-owned in the 2022 financial year. Further investments are made in Supplier Development, Enterprise Development and Socio-Economic Development. MTN SA aims to lower the barriers to entry to the telecommunication and technology sectors. These have been notoriously difficult to break into due to the high cost of capital investment required. Beyond procurement opportunities, the ownership profile of the company’s Y’ello stores is being changed to better mirror South Africa’s demographics. 14 | www.opportunityonline.co.za
News & snippets Industry insights from the past quarter Wasting the waste opportunity South Africa generates an estimated 122-million tons of waste per annum with 90% of this waste being disposed of to landfills. Much of this waste, however, could be reused as alternative secondary resources or in the form of waste-to-energy solutions and make a significant contribution to our energy crisis and our ecosystems. With the global shift towards building a circular economy, and national plans and legislation driving the diversion of waste from landfill disposal, we need a collective and collaborative effort to develop systems and processes to manage our waste more effectively. Interwaste is a company that has long years of experience in doing just that, offering a range of services from waste solutions of every type to hazardous waste disposal and turning waste into energy. Nicolas Meletiou on Pixabay THE ULTIMATE PORTS EXPERIENCE The Ports of Walvis Bay and Lüderitz lie on the West Coast of Africa. The Namibian Ports Authority (Namport) was established by the Namibian Ports Authority Act, No. 2 of 1994. It is recognised as a public enterprise in terms of the Public Enterprises Governance Act, No. 1 of 2019. Namport’s mandate is to exercise control and manage Namibia’s ports, lighthouses and other navigational aids in Namibia and its territorial waters. Lubango Namibia Angola Oshikango Otjiwarongo Ondangwa Windhoek Walvis Bay Aus Otavi Lüderitz Tsumeb Grootfontein Okahandja Mariental Gobabis Keetmanshoop Upington South Africa Democratic Republic of Congo Zambia Katima Mulilo Botswana Gaborone Kolwezi Francistown Lusaka Livingstone Lesotho Lubumbashi Ndola Zimbabwe Johannesburg Bulawayo Swaziland Harare Lilongwe Mozambique Malawi Tanzania NAMPORT ACTIVITIES Marine Services Cargo Handling Container, Bulk & Break-Bulk Vessel Repairs For customized shipping solutions, contact the Manager: Business Development, Trevor Ndjadila at t.ndjadila@namport.com.na or alternatively +264 64 208 2377 www.namport.com Warehouse Facilities Cruise/ Passenger Service
