7 years ago

South African Business 2016 edition

  • Text
  • Investment
  • Government
  • Business
  • Development
  • Network
  • Sectors
  • Investing
  • Business
  • Africa
  • African
  • Economic
  • Manufacturing
  • Mining
  • Opportunities
  • Economy
  • Overview
South African Business is an annual guide to business and investment in South Africa. Published by Global Africa Network Media in Cape Town, the 2016 edition is in its fourth year of publication. The publication provides up-to-date information and analyses of the country's key economic sectors, as well as detailed economic overviews of each of the nine provinces in South Africa.


SPECIAL FEATURE Contact: 012 394 1805,, National Empowerment Fund (NEF) South African Micro Finance Apex Fund (Samaf) Samaf gives financial services to small-scale entrepreneurs living in rural and outer urban areas. Samaf does not lend money directly to the public. It uses existing institutions within communities to handle the funds and lend to qualifying entrepreneurs. The NEF’s role is to support B-BBEE. It anticipates future funding and investment requirements to assist black entrepreneurs and communities achieve each element of the Codes of Good Practice. Contact: 0861 843 633, Funding Guide: Government grants Grants do not have to be repaid, but they do require a considerable amount of paperwork. You will also be required to account for how you spend the money. BASIC FUNDING TYPES Type Pros Cons Grant Debt Equity • No repayment needed • Better for funding higher risk ventures and startups • Can fund non-income-generating activities • Greater flexibility than grants • Lower competition (assessed individually) • Build credit history and improve financial management • Can be quicker to get • Good for raising larger sums • Doesn’t require security • No need to pay back in most cases • Investors can provide strategic input to • Can fund startups • Can be easier to get debt finance later • May require onerous impact measures • Lots of competition • Issues with slow payouts • Difficult to get operating cost grants • Often very rigid • Often not available to for profits • Often require security or guarantees • Repayment with interest • Rarely given to start ups • Your own ownerships are diluted • Influence over your business • Only for for-profits • Will need to demonstrate strong potential SOURCE: SIMANYE GROUP SOUTH AFRICAN BUSINESS 2016 30

MASISIZANE FUND BUILDING SUSTAINABLE BUSINESSES THROUGH SUCCESSFUL PARTNERSHIPS The Masisizane Fund (NPC) is an initiative of Old Mutual South Africa, established in 2007 following the closure of the Unclaimed Shares Trust. The mandate of the Fund is to contribute meaningfully to employment creation, poverty eradication and reduction of inequality, economic growth and the attraction of investment. This is done through promotion of entrepreneurship, enterprise finance and support to small, micro and medium enterprises. The target market is enterprises that are 51% or more owned by previously disadvantaged individual(s) giving priority to rural and peri-urban/township areas. Masisizane is biased towards businesses with 51% or more women owned, youth and people with disabilities and targets productive and labour absorbing sectors as approved by the Board of Directors from time to time. The Fund’s success is driven through a focused approach on high impact industry sectors, coupled with a comprehensive SMME finance solution that includes business support. The Fund provides loan finance in the following sectors: • Agriculture • Manufacturing • Supply Chain • Franchising • Commercial Enterprise Non-financial value adding services include capacity development, business management and technical support, financial education, market development and product/service quality standards and compliance. A Business Acceleration Program has been established where potential clients receive training and support to grow into a business eligible to receive financial support. Masisizane operates nationally with its head office in Gauteng and regional offices in KwaZulu Natal, Limpopo, Eastern Cape and Western Cape. omms 10.2015 L8555 For more information and where to find us visit: Old Mutual is a Licensed Financial Services Provider

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