Phakamani Impact Capital will mark a historic milestone this month—R1 billion in funding facilitated for South African SMMEs since inception—underscoring a long-term focus on building resilient entrepreneurs, backing mining-linked communities, and turning enterprise and supplier development (ESD) into real economic participation.
By Phakamani Impact Capital – BizCommunity
The organisation says its model combines patient capital, mentorship and market access. Leaders note the R1bn has had a multiplier effect in jobs sustained, families supported and local economies revitalised, with entrepreneurs scaling across sectors from construction and engineering to services and technology.
A celebration event is set for 19 September at The Garden Venue, Northriding, where selected SMMEs will showcase their growth stories. Broadcaster and author Gugulethu Mhlungu will emcee the programme. Media queries: Malerato Khabo, New Business Development Manager (011 439 3929).
Phakamani frames the R1bn as a foundation for the “next chapter”, aiming to reach more communities and sectors as unemployment pressures persist. Its group portfolio spans funding, training and development focused on industry-aligned skills and enterprise growth.
