With South Africa’s entrepreneurial activity being rated as low for a developing nation and only a quarter of that of other sub-Saharan countries, according to the Global Entrepreneurship Monitor, support for entrepreneurs by the nation’s private and public sectors is essential for economic growth.
Tsogo Sun Entrepreneurs has been committed to entrepreneurial development for more than a decade, revealing countless small business successes, providing practical support through a 12-month development programme, and recognising excellent entrepreneurial performance through the prestigious annual Tsogo Sun Entrepreneur of the Year Awards for the programme’s top performers.
This year’s Tsogo Sun Entrepreneur of the Year Award finalists run businesses in a range of market sectors, and include Carol Senosi, owner of cleaning services business, Lefa Cleaning Services in Gauteng; Nqobile Nkosi, whose business, NQ Jewellery Design, operates from Soweto; Lucille Cremen, who owns Cresco Tours in Gauteng; Zinzi Masina, owner of La Emme Guesthouse; and Meisie Nkosi, owner of Bella Bonni Guesthouse, both situated in eMalahleni in Mpumalanga.
Says Marcel von Aulock, Tsogo Sun CEO, “To meet the national requirements for job creation in South Africa, we need to cultivate an environment that is conducive to establishing and developing small businesses. Tsogo Sun contributes towards this social and economic imperative through our empowerment programmes such as the Tsogo Sun Entrepreneurs, which assists emerging enterprises to grow and thrive so that they can become active participants in the economy.”
He adds that the Tsogo Sun Entrepreneurs programme forms part of the group’s sustainability and growth strategy, with particular emphasis on delivering value to small and medium sized businesses in the communities where Tsogo Sun is present.
“The programme harnesses decades of our group’s experience and expertise and makes this available to entrepreneurs in all industries across the country to support them in their efforts to become successful. Over the years, the programme has become an important part of our supply chain and many of the registered entrepreneurs have become suppliers to the group.”
Entries to the 2016 Tsogo Sun Entrepreneur of the Year Award were open to 152 Tsogo Sun Entrepreneurs who have benefitted or are benefitting from the 12-month development programme. Says Candy Tothill, Tsogo Sun’s GM of Corporate Affairs, “Entrants were required to complete a comprehensive entry form to be considered for the Awards.
“These were shortlisted using a stringent evaluation method that included assessing performance in the programme, financial performance, customer knowledge, marketing, innovation efforts, job creation, contributions to the greater community, potential for growth, and overall sustainability.”
The finalists will be interviewed by a panel of nine judges, who include Tsogo Sun executives, change agents, thought leaders, and past Entrepreneur of the Year winners. The 2016 Judges are: Marcel von Aulock, CEO of Tsogo Sun; Vusi Dlamini, Group HR Director of Tsogo Sun; Laurelle McDonald, Corporate Finance Manager of Tsogo Sun; Ravi Nadasen, Tsogo Sun Operations Director; Ella Bella Leite, Founder of Generation Earth; Adriaan Groenewald, CEO and Co-founder of Leadership Platform; Carol Sanderson, 2014 winner and owner of Casambo Exclusive Guest Lodge; Emmah Makatu, 2013 winner and owner of Zwinoni Lodge; and Salome Tshungu, 2012 winner and owner of The Orchards.
Adriaan Groenewald, judge and CEO and Co-founder of Leadership Platform, comments, “Growing new entrepreneurs is one of the greatest ways to empower individuals. It is the best way for us to grow the SA economy. We all know this, but do we all actually do something about it? Tsogo Sun does. I have personally interviewed several Tsogo Sun entrepreneurs and have been highly impressed by their comments on how the programme assists them. We are honoured to be involved with this initiative in some form.”
Tsogo Sun hosted the five finalists at Montecasino for a three-day leadership workshop, during which they were announced to the media on 25 August. Tothill says, “Panel interviews with the judges are being undertaken during the leadership workshop on 26 August to assess each of the finalists using a system that enables our judges to score results against the same set of criteria. While there can be only one winner, being a finalist in these awards puts the entrepreneurs on a bright path towards an even more successful future for their businesses.”
The Tsogo Sun Entrepreneur of the Year Award winner will be announced at the Annual Awards Dinner on 20 October at the Riverside Sun, during the annual conference that will place from 18 to 21 October. At the Awards Ceremony, the Minister of Tourism, Derek Hanekom, will give the keynote address.
Prizes for the winner include R30 000 from Tsogo Sun, a business bursary from Tsheto Leadership Academy and a professional business image experience from tweak&STYLE, while also providing a platform for the winner to promote their business and contribute to the development of other SMMEs in South Africa. In addition, the winner will be the Ambassador for Tsogo Sun Entrepreneurs for the year.
Vusi Dlamini, Tsogo Sun’s Group HR Director, says the company is proud of what Tsogo Sun Entrepreneurs is achieving. “Entrepreneurial development is critical for the growth of the South African economy, particularly in these challenging economic times. The value of the Tsogo Sun Entrepreneurs programme is immense.
“Apart from showcasing the good work that’s being done by the entrepreneurs themselves, it assists participants with skills development and exposure to the markets that Tsogo Sun serves; it helps them build self-confidence and finally, it breeds success. It is definitely an invaluable programme that empowers entrepreneurs to hold their own in the business world.”
Africa’s Top 10 Tech Start-Ups Selected For #Africa4Future Accelerator Programme
Airbus and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have announced the top 10 African tech start-ups that will take part in the latest Airbus Bizlab #Africa4Future accelerator programme. They were selected after an open public pitch event in front of experts, potential investors, the media and other stakeholders in Kenya’s capital city.
#Africa4Future is a joint business accelerator initiative of Airbus and GIZ’s Make-IT in Africa initiative together with the Meltwater Entrepreneurial School of Technology (MEST), a non-profit seed fund and pan-African organisation that brings together startups, entrepreneurs and the tech community, and Innocircle, the South African-based innovation consultancy.
The top 10 start-ups were selected from 314 entries representing 19 African countries that were received when the challenge was opened last October. These were assessed by a panel of Airbus and other independent experts.
The programme aims to encourage and support entrepreneurship in Africa. The continent’s young and increasingly techno-savvy population is likely to be the driving force behind Africa’s socio-economic development. The competition identifies Africa’s own pool of talented entrepreneurs using innovative aerospace based solutions to tackle the continent’s most pressing challenges such as transportation, agriculture and healthcare.
As a global aerospace accelerator, Airbus BizLab is ideally suited to help African startups transform innovative ideas into viable and valuable businesses. In doing so, it increases the aerospace industry’s engagement with hardware and software innovators and entrepreneurs in Africa while helping to nurture the establishment of competitive entrepreneurial ecosystems on the continent.
The Nairobi event kicks off an intensive 6-month business incubation and accelerator programme involving technical, commercial and mentorship activities in France, Germany and South Africa. This includes workshops and coaching sessions with Airbus experts, GIZ’s Make-IT in Africa, MEST and Innocircle coaches.
The programme will culminate with Demo Day events at the biennial Paris International Airshow and a special event in Germany from 19-26 June, when finalists will launch their products, define their collaboration with Airbus and announce their investment commitments in front of representatives from across the aerospace industry.
1. Astral Aerial (Kenya) – using drones for humanitarian cargo transport, surveillance and emergency response.
2. Cote d’Ivoire drone (Ivory Coast) – locally-manufactured drones for various applications.
3. Elemental Numerics (South Africa) – applies computational fluid dynamics techniques to the design of machines and components, ranging from aircraft to heart valves.
4. Lentera Limited (Kenya) – applying remote sensors to monitor and transmit environmental data to enable more efficient and smarter farming.
5. Maisha ICT Tech PLC (Ethiopia) – deploying locally built drones for delivering medicines, blood and healthcare items to remote and rural areas.
6. MamaBird (Malawi) – provides a platform to help Governments, NGOs and other organisations deliver vital life-saving supplies to remote communities.
7. Map Action (Mali) – a solution offering real-time online urban mapping to identify problems affecting water supplies, hygiene and sanitation.
8. MobiTech Water Solutions (Kenya) – an online real-time water monitoring solution that allows businesses, homes and water-service providers to manage their available water using an app-based dashboard and instant messaging.
9. Track Your Build (Nigeria) – a novel infrastructure management tool for construction and operations.
10.WiPo Wireless Power (South Africa) – offers reliable and convenient wireless power chargers for businesses, conference centres, airports, restaurants and other venues for the charging of mobile devices, laptops and drones.
Related: 21 Steps To Start-Up Success
Top Sectors For SMEs In 2019
“As such, SMEs in the construction, communications and electrical fields are all likely to benefit from supply and sub-contracting agreements over the coming years.”
While the South African economy has been underperforming for a number of years, the first positive signs of turnaround started to become visible by the second quarter of 2018, and by the end of the third quarter, data supplied by Statistics South Africa showed that the economy had indeed grown by 2.2 percent, compared to the previous quarter. This uptick is expected to have a positive effect on business confidence in 2019.
This is according to Jeremy Lang, regional general manager at Business Partners Limited (BUSINESS/PARTNERS), who says that certain business sectors have already seen an increase in opportunities for small businesses and start-ups.
“While these sectors will not be without challenges, the following four industries are likely to offer the best opportunities for small and medium enterprise (SME) owners to grow their enterprises in the coming year.”
The World Travel and Tourism report 2018, revealed that the direct contribution of the travel and tourism sector to South Africa’s GDP has been projected to rise from R136bn in 2016 to R197.9bn by 2028 – set to make up a total of 3.3 percent of the country’s total GDP, says Lang.
“Although this sector experienced some setbacks in 2018, such as the drought in the Western Cape and stricter visa regulations for children entering the country, both the water restrictions and visa regulations have been relaxed and the sector is once again poised for growth,” he says.
Statistics South Africa has credited this industry with being the biggest driver of growth in the country’s GDP, having expanded by 7.5 percent in September 2018, says Lang. “To bolster this, Government has made a concerted effort to stimulate small business growth in this area with initiatives such as the Black Industrialist Programme and the SA Automotive Masterplan.”
He adds that businesses in the manufacturing sphere could therefore likely see significant opportunities in the form of outsourcing contracts and new partnerships with large corporates.
“The debate around land expropriation has occupied most of the discussions surrounding the agricultural sector in 2018, with some questioning growth prospects of this sector. However, this industry has a lot of growth ahead of it, as demonstrated by its 6.5 percent growth over the last three months of 2018,” explains Lang.
“Further to this, the industry is also already taking significant advantage of seven climatic regions in South Africa, with the export of a wide variety of high quality fruit and vegetables increasing substantially,” he points out. The recent outbreak of foot and mouth disease that has resulted in the suspension of the country’s FMD-free status will however significantly impact meat exporters.
In terms of opportunities for SMEs, he says that these may most likely be found in the rural and underdeveloped regions, where the need for resources like efficient transport, state-of-the-art cold storage, better irrigation and private power generation will be key to making agriculture projects more productive and competitive in the export market.
Data and information technology
Connectivity and information technology infrastructure are both crucial to business and employment growth in South Africa, says Lang.
“With many municipalities and the Western Cape government committing to providing all of its residents with free data as part of a plan to expand public Wi-Fi network access, it is clear that this is also becoming a high priority on a state level.”
It has also been reported that South Africa is awaiting the arrival of three international data centres, and large players in the communications sphere, including Vodacom, Telkom and Vumatel, are making huge strides in drastically growing the country’s fibre optic backbone, he adds. “As such, SMEs in the construction, communications and electrical fields are all likely to benefit from supply and sub-contracting agreements over the coming years.”
In conclusion, Lang says that as South Africa’s economic growth has started to turn around, business owners should keep their ears to the ground as 2019 is highly likely to be a year of opportunity.
Herman Mashaba To Talk On City Of Jo’burg Job Creation Initiative
Herman Mashaba to talk on City of Jo’burg job creation initiative at 2019 Business Day TV SME Summit.
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