Page 3 - JCCI Business Focus Vol.1.3

(Continued page 2) ... The extent of the discussions collaboration between Namibian Granted, some of these gives greater impetus to the
and interactions at the conference and South African businesses. achievements go unnoticed establishment of a sustainable
The opportunities inherent
in enterprise and supplier also helped to underscore the need His message of this new because of other priorities but SMME sector through strategic
for everybody to think outside
stakeholder partnerships.
development are many if it is done economic reality was echoed by it is clear to see that there is so
right, this is what our speakers at the box in view of the emerging Premier Makhura. I could see the much that is happening in the Our socio-economic
opportunities brought on by the
the conference shared. They said 4th Industrial Revolution. surprise reaction of some in our background to transform our challenges require that we all
both big business and emerging audience when the premier put economic landscape. work together for the common
enterprises stood to benefit New Reality economic opportunities presented good of South Africa, and by
handsomely if the extent of the by Gauteng in context. Take for example the fact that extension our continent.
investments made by corporate I was heartened to hear this topic the provincial government has
South Africa in ESD were targeted being discussed at our conference, He pointed out that nearly half increased procurement from At our annual conference last
and focused. and I must point out that this is (46 percent) of South Africa’s township enterprises from year the provincial government
and JCCI gave effect to our
In my remarks at the opening strategic partnership by
of the conference, I stated that signing a Memorandum
South Africa’s triple-challenge of Understanding with the
of poverty, unemployment and Gauteng Department of
inequality calls for us to broaden Economic Development. Some
participation in the economy. of the stated objectives of
It is for this reason that our work the MoU were shared at our
in the next few months will be conference by way of specific
geared towards ensuring that our examples from some of our
efforts and those of our partners in ongoing strategic initiatives.
government and civic society help I am sure that as we move
us to harness our collective will to forward we would look back at
create an enabling environment our two conferences as having
for business to thrive. As business laid a solid foundation from
thrives, so does our economy.
which to build a sustainable
We cannot continue to have a future, not only for ourselves,
situation where small and medium but for our country as a whole.
enterprises are driven out of An invitation to you from me,
business because government is is to make JCCI your voice by
not paying them on time. And just staying abreast of our initiatives
as well, it was mentioned that we by making this publication
cannot continue to see big business
continuously reinventing the and the JCCI website your
wheel when it comes to building a regular source of actionable
sustainable base of SMMEs. Ernest Mahlaule and Premier David Makhura insights about how to be part
of this vast emerging economic
Whilst competition is an one of the many strategic areas of SMMEs and 31 percent of R600 million to R7 billion in opportunity, not only in
inherent part of doing business, focus for JCCI so that we can help informal businesses are located in June 2017 – which represents 23 Gauteng, but across the African
there was an acknowledgement of prepare you and your business for Gauteng, right in our backyard. percent of the 30 percent target his continent.
the fact that business also needed the journey ahead. Premier Makhura also shared administration set for 2019.
to create strategic alliances a very important milestone: that At a more granular level, We owe it to this generation
that made it easier to identify As Premier Makhura said, we 91 percent of the R46 billion to make the economy work for
processes that worked and thus all need to see the economic three-year public procurement what this means is that the all. At this point let me thank
be in a position to scale the opportunity presented by our spend goes to businesses owned number of township enterprises everyone that participated in our
currently benefitting from public
interventions necessary to turn country and the rest of our by historically disadvantaged conference, and together with
the economy around. continent with new eyes. individuals – blacks, women procurement has increased three- JCCI, I wish you prosperity in all
fold from 800 in 2014 to more
your endeavors. We are here to
To do otherwise is bound to And this was also the message of and people with disability. This than 3,500 in June 2017. serve you. 
prolong the hardship faced by His Excellency, Veiccoh Nghiwete, represents 10, 000 out of the All these efforts are
millions of our unemployed Namibian High Commissioner, 12, 000 companies that do business significant, and as JCCI Visit www.jcci.co.za for more information
with the provincial government.
citizens. who provided insights about the
opportunities for investment and we applaud every step that

ACCESSING FINANCE FOR SMALL & AFRICA-ASEAN BUSINESS

MEDIUM ENTERPRISES FORUM FROM THE

CCI consultant, Henry is to provide all the material, This includes a Business Plan 06-07 NOVEMBER 2017
Harper, CEO of Finance Link documents and information and Cash Flow Projection.
J(Pty) Ltd, says that one of the that any credit provider is likely he Africa-ASEAN The programme will include
biggest needs of the SME Sector to need. This will determine the Fees Business Forum is presentations from ASEAN
is finance in all its varieties and speed of the outcome. Of prime importance is the Tpart of the inaugural and African countries and
how to procure it. Each credit provider has its own fact that the fee is success-based, Africa-ASEAN Business organisations.
Successful business finance standards and prescribed format meaning …the service is offered Expo 2017. This will be a
procurement is directly for business finance procurement on a no loan – no fee basis. valuable opportunity for Dr Martyn Davies, Managing
dependent on the quality pertaining to the different types Approval Time: Approval times business linkages with ASEAN Director of Emerging Markets
of the written proposal put of business finance. depend on the type of finance countries: Indonesia, Malaysia, & Africa at Deloitte South
before credit providers. applied for. Subsequent to the the Philippines, Singapore, Africa will be the Programme
Whilst a proposal must be The Finance service involves Thailand and Vietnam. Director. 
comprehensive and complete, it negotiating the best possible submission of full and complete
need not be long-winded. What credit terms and interest rates applications, this can vary from a The Forum will feature For further information contact: Bernadette
is needed is for all answers to for clients and assistance in the few days to a few weeks.  presentations by the Deputy Zeiler at on Bernadette@jcci.co.za
be provided before questions preparation and submission Minister of Trade and Industry, Also visit www.aabexpo.com
are even asked. The art of of professional and complete For further information contact Dorothy South Africa and the Assistant
writing successful proposals for finance applications to the Lotter at JCCI on dgl@jcci.co.za Secretary, Department of Trade
business finance procurement appropriate Finance House. & Industry, the Philippines.

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