Gauteng News

"Big corporations should create opportunities for SMMEs”-Makhura


2017/03/14 Rofhiwa Marubini-Tshitahe

​Premier David Makhura has urged big corporations to create opportunities for the Small Medium and Micro Enterprises (SMMEs) and township enterprises to create a sustainable economy in the province

​Premier David Makhura has urged big corporations to create opportunities for the Small Medium and Micro Enterprises (SMMEs) and township enterprises to create a sustainable economy in the province.

He was speaking at the launch of the Barloworld Siyakhula Incubation Hub (BSIH) at Barloworld’s Head Office in Sandton on Tuesday afternoon.

“Big corporations such as Barloworld have an important role to play in creating sustainable radical economic transformation that will help SMME’s and people on the ground,” said Premier Makhura

Makhura further stated that for SMME’s to become competitive entities, partnerships between the government, SMME’s and companies like Barloworld should be developed.

 

Barloworld, is a distributor of the leading global brands that assists small businesses in navigating challenges commonly faced by SMMEs when it comes to access to large-scale markets and finance.

The company assist SMME’s with financial, marketing opportunities, enterprise development, skills transfer and supplier development.

Barloworld aims to provide support to approximately 20 to 40 SMEs per year over a three-year period, helping up to 120 SMMEs to become sustainable, value-adding suppliers.

 

The incubator will provide a physical incubation site and services including business development, formal training, mentoring, access to funding, corporate compliance support and access to the market through supplying the Barloworld divisions and other corporates such as the members of the South African Supplier Diversity Council (SASDC).

Premier Makhura also awarded special awards to top incubates from around the province the awardee in the category Project Management was Naome Chikamisa of Lettam building and civils.

 

The Financial Management award was given to Gordon Nkuna of Grant Perfect and in the category Jozi @ work  Lazaurus Motsi of Motsi holdings took home the coveted prize.