ESD initiatives

KK Combi and Ari Jacobson

Kombo King turns up the heat as the Vumela Fund announces an investment in innovative food technology

The Vumela Fund, established by FNB Business and Edge Growth, has announced a new investment in Kombo King (Pty) Ltd, a proudly South African kitchen equipment supplier focusing on the fried food niche market. Co-founder and Chairman KK Combi says: “On a trip to Beijing, I realised the importance of speed to service customers on …

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Bayer Pharmaceuticals partners with Unjani Clinics to offer affordable, quality healthcare

This innovative enterprise development initiative addresses the inequality which exists between private and public healthcare services in our country… The aim of this clinic network is to eventually have 1 000 clinics around the country. Bayer Pharmaceuticals has partnered with Unjani Clinics, a network of black women-owned and operated primary healthcare clinics that provide accessible, …

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Inoxico enables sustainable business growth

Credit-focused fintech helps drive better business decisions The Vumela Fund, established by FNB Business and Edge Growth, is excited to announce an equity investment into Inoxico, enabling the company to continue establishing itself as a recognised commercial credit risk technology provider. The importance of trade credit Inoxico is a tech company that uses trade credit …

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Funding Accelerator Programme spearheads growth and resilience in 141 Gauteng township SMMEs

Thursday, 3 December 2020 saw 141 small businesses led by historically underserved entrepreneurs graduate from the bespoke Funding Accelerator Programme, aptly named Khulisa iBiznis, meaning “Grow your Business”. This 12-month programme was developed and implemented in collaboration with JP Morgan, The Hope Factory NPC and SAICA Enterprise Development (SAICA ED). A catalyst for growth Despite …

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The Hope Factory – growing and fostering entrepreneurship

Growing entrepreneurial skills, developing businesses and impacting communities − this is the core of what The Hope Factory delivers, and so much more. This non-profit company forms part of the South African Institute of Chartered Accountants’ Nation Building division. Socio-economic empowerment The Hope Factory focuses on developing business skills in individuals and assisting them to …

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Impact and support to Exxaro Enterprise and Supplier Development beneficiaries during COVID-19

The restrictions imposed by the COVID-19 pandemic and the lockdown have taken a toll on all economic sectors in South Africa, and have presented additional hurdles for Small, Medium and Micro Enterprises (SMMEs). A survey undertaken by the Centre for Development and Enterprise (CDE) on the readiness of South African small enterprises to respond to …

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Vredenburg Transport SMME shows adaptagility in her business strategies despite the pandemic.

By Kelly Sin Hidge, Marketing SAICA Enterprise Development and The Hope factory. The new buzz word around town ‘adaptagility’ speaks into a crucial competitive advantage that catalyses a business into growth and sustainability despite change. This ensures either the survival or failure of small businesses today as they were hit by the economic battle during …

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Heels in construction – incubating women owned businesses in construction

The Construction industry is among the most male-dominated industries world-wide. However, in South Africa, women seem to be well represented in the industry and can get even better. According to the Construction Industry Development Board (CIDB), 48% of South Africa’s construction companies are owned by women. This shows that great amount of efforts is done …

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