Thank you for following the 2017 ENGEN Pitch & Polish entrepreneurial workshop and competition. The final was held in Johannesburg on the 30th of November and the winners announced. First place went to Bruce Diale, from Polokwane, second place went to Refilwe Matsaneng, from Welkom/Bloemfontein and third place to Renschia Manuel, from Cape Town. Please support the growth of entrepreneurs in this country by sharing this good news with your audience. Below is the release with images attached. Please let me know if there is anything else I can assist you with. On a personal note, I wish I could encapsulate the electricity, magic and excitement from the night, which is the culmination of months (and years) of building entrepreneurs, for the future of this country. Thank you for coming on the journey with me, I so look forward to hearing from you. Become the number one pitch hustler The word “hustle” comes from a Dutch word that means “to shake things up”. Traditionally, the English word “hustler” was used to describe a dishonest person, who would do anything to make money. Hustling is, however, no longer a dirty word; nowadays, a hustler is someone who makes things happen. Hustling is about movement, activity and shaking things up in a positive way – the very things that entrepreneurs need to succeed! Successful hustlers exist everywhere, and all entrepreneurs have much to learn from those who have mastered the art of the hustle! Whether they are building a business, selling a product or offering a service, hustlers focus on their goal and do whatever it takes to achieve the goal. Hustlers put in the hours and don’t waste time doing things that don’t contribute to their success in some way. Hustlers grab every opportunity to pitch their business to potential funders and clients. They are seasoned pitch artists, and having secured the opportunity to pitch, know exactly what they want to say. Hustlers present a polished pitch! For this reason, the . . .
The evolution of the plastics industry over the last two decades has been substantial. Looking at the growing world population and their never ceasing demand for better products, scenario analysts agree that manufacturing pressures will only intensify over the next ten years. This will put growing pressure on plastics manufacturers to demonstrate an ability to reinvent themselves – a skill that will become pivotal for the survival of the plastics industry. Whilst South Africa boasts many local plastic manufacturers who are successfully demonstrating this dynamic side to the industry, there are still challenges that remain when it comes to monitoring those that help keep the industry going, namely the staff complements. “Business owners often have to overcome day-to-day challenges in their working environment, such as rising electricity and operating costs, strikes and labour issues such as low motivation levels or indifference to the quality of work employees’ produce. The lack of knowledge regarding both the material and machinery can prove to be a hindrance, as employees can be ill-equipped to fully grasp what is required from them,” warns Kirtida Bhana, Training Executive at Plastics|SA. According to Bhana, an employee’s ability to understand what is required in terms of producing a quality product for shipping is vital for the growth of an organisation. “While the employee may have the will and intention to learn and do well in their position, without the correct training, the employee will not be able to convert their intention into the desired results without excessive trial and error occurrences”, she says. Fortunately, it seems that a growing number of plastics manufacturers are realising the value of investing in training their staff. According to Bhana, stats for the past 3 years suggest that training spend has increased steadily year on year. “We see this as the growing realisation and acceptance that training undoubtedly adds value. As the . . .
Learners at Fairvale Secondary School in Wentworth in Durban will welcome in 2018 with a brand new modern science lab following extensive renovations by Engen. Engen, a leading producer and marketer of fuels, lubricants and oil-based products, invested R650 000 in the project, which includes eight new computers and a fully equipped and furnished modern science laboratory. Engen’s Corporate Social Investment Manager, Mntu Nduvane says this improved learning environment will empower learners to excel in the sciences. “In particular, the science lab will ensure that learners are exposed to basic science equipment in an environment that is conducive to learning. By creating this positive experiential learning experience, the subject matter will really come alive for the learners,” comments Nduvane. Despite being situated in a disadvantaged community characterised by high unemployment, Fairvale Secondary School has consistently risen above these circumstances, defying the odds with impressive matric results. Last year, the matric pass rate was 76% up from the previous year's 74% pass rate. One of their star pupils who matriculated last year is Kerisha Lutchmia. Kerisha, who attended the Fairvale Engen Maths and Science School (EMSS) programme, studied actuarial science at the University of Cape Town this year. EMSS is a national initiative that addresses key skills shortages in the engineering and technical fields by providing after hours Math and Science education to learners who show an advanced aptitude in these subjects. There were 42 matric learners who attended EMSS Fairvale in 2016 of which 100% passed and 81% achieved a bachelor pass. Overall, the EMSS matric class achieved an impressive 94% pass rate, which is up 5% from last year’s average of 89%, with 70% of the learners attaining a Bachelor pass. “We are very grateful to Engen for their support. The biggest impact for us will be the reaction from our teachers and students when they see . . .
Managing medical scheme funds effectively on behalf of members is a delicate balancing act between offering maximum cover for quality private healthcare and maintaining affordability in light of medical expenses routinely outstripping inflation. Mark Arnold, principal officer of Resolution Health Medical Scheme, notes that in the most recent Council for Medical Schemes (CMS) Annual Report, Chairman of the Council, Professor Emeritus Yosuf Veriava, highlights the role of managed care in securing value for members. “The framework adopted to address risk management and managed care for each medical scheme has a direct bearing on the benefits and quality of service members receive in return for their contribution fees. Members rely on us to ensure that their funds are being managed prudently to ensure the best possible healthcare access for their money, and the design of a scheme’s managed care is key to optimising value,” Arnold explains. “The integrated approach to managed care and risk management principles implemented by Agility Health, Resolution Health’s administrator and managed care provider, goes an additional step further, however, by empowering our members with an advanced claims management system that actively checks patients’ treatment and conditions for contraindications and potential health risk using finely attuned clinical protocols.” Where the system identifies problematic claims, a team of clinical professionals review the details and engage with the patient and the medical practitioner to establish the clinical and procedural validity of the prescribed treatment and claim. “This system is highly adept at weeding out potentially harmful treatment combinations, as well as eliminating wasteful expenditure and abuse of scheme resources. Value is achieved through ensuring claims are legitimate and therefore make the best possible use of our members’ funds, while providing an additional layer of protection for members through confirming . . .
Johannesburg, Gauteng, 29 November 2017 – Servest announced the completion of an R1.4m investment into a complete irrigation system which will improve the quality of plants and reduce growing times at their Restio Ridge growing operation. This is a huge benefit to Servest and their clients. The next phase of investment at Resito Ridge will aim to install a fertigation system to work in tandem with the irrigation system. Servest has also recently completed the introduction of biological control at Restio Ridge, which is a method of controlling disease using other organisms, rather than the traditional spraying of chemicals. Servest operates the largest interior plant growing operation in South Africa, and has two facilities, the main growing operation is called Restio Ridge and is 12km outside Malelane Mpumalanga. On average the growing operation holds approximately. 75000 specimen plants to supply the interior plants division with a steady supply of quality plants. Servest’s growing operation employs 26 staff, and includes a Guesthouse which can accommodate 10 guests and is available to rent. Servest rents land from local farmers for their expanding production which brings benefits to the local economy The intensive growing operation has a minimum of 70000 plants in the ground at any time, with an average growing time for each plant of four years, from the original cutting to the delivery to Lone Creek. Lone Creek is the home base for Servest installation teams; the acclimatisation and holding facility is where at any given time approximately 20000 specimens are stored and where all orders are received and prepared for delivery to the clients’ premises. Servest is unique in that it is the only interior plant service provider in South Africa that has their own growing operations. Servest also has a footprint in the operations used by their competitors and have growing agreements with several other growers in Mpumalanga and Kwa -Zulu Natal. “Our . . .
Can’t make sense of fibre internet? Cell C’s Executive Head: Broadband, Dederick Venter explains what you need to know. Chances are you have seen the ads, the flyers, maybe even met the eager salespeople. Fibre internet is slowly expanding across South Africa’s metropolitan areas, introducing a new level of internet access that really stands beyond compare. Fibre is considerably faster than ADSL and more stable than the wireless signals from mobile broadband. The closest other option is LTE, which itself is blisteringly fast. But fibre is the king of this mountain. This certainly sounds like a good deal, but is it? What is fibre and should you cave in to your family’s calls to have it installed? That depends on what you are looking for, but if you live a connected life, you won’t regret ordering fibre. The traditional way to ferry the digital information of the internet around is to use copper cables, which carry electrical signals. But fibre sends beams of light down long translucent threads. This has several benefits: fibre do not decay as fast as copper lines and fibre is less exposed to interference. It is also very fast, comfortably offering speeds ten times that of ADSL and beyond. Even at its lower end - 10 to 20mbps (mbps is to internet speed what km/h is to cars) - fibre is more reliable. It also has more capacity, so no more fights over who is doing what online and draining all the speed. A 20mbps fibre link can comfortably carry the internet demands of a family of four or more. Through it you can stream HD movies, browse the web, hold video chats with friends and even control a security system - all at the same time. Sold? Great. But first you need to check if you have access to fibre, since networks are still growing their footprint. Consult the map of a fibre provider, such as on Cell C’s C Fibre website. If you do qualify, find a price and package that suits your needs and place the order. There are a few extra facts worth knowing. Fibre has . . .
Plastics|SA, the umbrella body representing all sectors of the South African Plastics Industry (including polymer producers and importers, converters, machine suppliers, fabricators and recyclers) hosted a well-attended Annual General Meeting for 2016-2017 in Midrand last week. Addressing the audience members, Plastics|SA Chairman, Bernhard Mahl stated that 2016 marked one of the lowest economic growth rate since 2000, barring the 2009 recession. “South Africa is a diverse country in terms of its resources and poses extreme challenges to an industry that is trying to create a more fertile environment for growth on the socio-economic front,” Mahl said. He added that political uncertainty constitutes the biggest stumbling block to foster GDP growth and it continues to weigh heavily on business confidence and delay future investment that could have boosted the local plastics industry. Growth in manufacturing production and virgin material consumption Despite these challenges, seasonally adjusted manufacturing production increased by 1,3% in the three months ended August 2017 compared with the previous three months. “Six of South Africa’s ten manufacturing divisions reported positive growth rates over this period. The second largest contributions to the reported increase were made by petroleum, chemical products, rubber and plastic products (1,6% and contributing 0,4 of a percentage point). In addition, 2016 also saw a 1.9 % growth in virgin material consumption (to 1,518 000 tons per annum),” Mahl said. “Plastics continue to be an integral part of our modern society and have proved indispensable. However, locally and internationally, there is an increasing amount of pressure from certain groups to ban the plastic bag and other single use plastics. This highlights the importance of effective plastic waste management and the plastics industry will have to innovate and adapt if it is to survive this negative wave,” Mahl warned. “Plastics should not only be . . .
Inyatsi Construction Group Holdings receives two nominations in this year’s SA Professional Services Awards Inyatsi Group Holdings and its CEO, Tommy Strydom, have both been nominated for SA Professional Services Awards, at the third edition of the event in February 2018. Inyatsi was nominated as one of five finalists for the Best Firm in the Construction class of the Built Environment category, and Tommy Strydom was nominated as one of five finalists for the Professional of the Year in the Construction class of the Built Environment category Judges’ comment: “Tommy’s interview responses demonstrate a professional who can be a sterling example for many in the industry. His loyalty to Inyatsi is heart-warming in an industry where many are known to hop around, including a number of other award entrants. That he counts not seeing his family often enough as a low demonstrates that he is a professional who prioritises work-life balance. Additionally, it is noteworthy that he represents the company and region at the World Economic Forum…" Judges’ comment: “Inyatsi Construction is a deserving recipient given that the company is carving out its niche in a market that is dominated by giant multinationals. Entities with African roots should be given recognition for daring to push boundaries particularly in these tough economic times. One of the most powerful statements we have seen in this cycle comes from their ‘respect for human dignity, individual advancement and teamwork’. Tommy Strydom joined Inyatsi in November 2009. He is a graduate of Rand Afrikaans University (now the University of Johannesburg, or UJ) where he obtained a BEng in civil engineering and then furthered his studies at UJ. Prior to his current position, he worked mostly for construction companies. In 1997 he started as a site engineer at WBHO before progressing to contracts manager at Lonerock Construction in 2007. Soon afterwards, his expanding expertise in engineering enabled him to join . . .
The relaunch of Umlazi Mega City marks an important milestone for the growth of local township economies at a time when both the retail sector and the economy as whole are under pressure. Carmen Collison, the Retail Asset Manager of majority shareholder, SA Corporate Real Estate, said that the R370 million investment in extending the mall was testament to its success and an indicator that investors remained confident that so-called township economies would continue to grow. Since it was developed in 2006, Umlazi Mega City has been a pioneer of the township shopping experience and has played a crucial role in changing perceptions in the retail property sector and particularly those of major retail chains. The Umlazi Mega City upgrade is set to offer the community a revitalised, relevant tenant mix and quality facilities. We believe that the ongoing success of Mega City will set the standard for retail facilities in this area and act as a catalyst for further economic growth in this important region”. The relaunched Umlazi Mega City boasts an additional 19,000m² of retail space, almost doubling the total lettable area to 52 000m². The revamp saw the creation of upgraded ablution facilities and the addition of a new and larger taxi rank that offers ablutions for taxi commuters. 370 parking bays have been added and traffic flow within the mall has been significantly improved. Umlazi Mega City currently has 160 stores that fall within the fashion, food, supermarket, cellular, health and beauty, home and lifestyle, hardware, sport, footwear and medical categories. Anchors include the likes of Mega Super Spar, Pick ‘n Pay and Woolworths. All major banks are represented. As part of the redevelopment, existing tenants including Spar, Woolworths, Clicks, Mr Price and Truworths were expanded. The revitalized tenant mix now also includes the likes of McDonald’s, Fashion Express, Le’Coq Sportif, Pep Home, Garment Division, City Girl and Asmalls. An average . . .
The Eastern Cape Rural Development Agency (ECRDA) disbursed a total of R15,7 million in loans 159 clients in the 2016/17 financial year. The bulk of the loan disbursements were agricultural loans which accounted for R14,4 million of the disbursements and the balance were non-agricultural loans. A total of R7,6 million was disbursed to businesses in the Alfred Nzo District Municipality, R3,7 million to OR Tambo district, R1,98 million to Chris Hani district, R1,6 million to the head office region, R527,000 to the Karoo region and R514,000 to the Sarah Baartman District Municipality. “The bulk of the disbursements went to primary cooperatives located at ECRDA’s flagship Rural Enterprise Development (RED) Hubs as well as to secondary cooperatives to buy feedstock for milling. ECRDA is improving its loan repayment efforts. In 2016/17, loan collections were R13,6 million. The organisation continues to offer aftercare support to identify challenges early in the client businesses which may impact on loan repayments. This allows ECRDA to put measures in place to rectify rising challenges,” says ECRDA chief executive Thozamile Gwanya. Gwanya says the ECRDA is also pleased with yet another clean audit opinion for 2016/17. “This indicates ECRDA’s financial prudence and this also indicates that we are a trusted steward of public assets,” Gwanya says. In terms of programme implementation, Gwanya says a total of R22,1 million was spent in the implementation of the agency’s agroprocessing programmes. At the Ncora and Mqanduli RED Hubs which were initially implemented through a partnership with the Eastern Cape Development Corporation (ECDC) and the DBSA Jobs Fund, a total of 393.2 hectares of maize were sent to the silos for storage in 2016/17. “In the Mqanduli RED Hub, 257,7 tons of white maize were sent to the silos from the 165 hectares planted in the 2015/16 season. The maize was planted at only two of 13 primary cooperatives because of severe drought . . .