8 November 2017 Business Seminar November 8, 2017 By Tabisa Mntengwana Latest News 0 The Metro together with Buffalo City Metro Development Agency and Invest Buffalo City is set to hold a two-day Business Seminar to unlock business potential of the coastal cities with prominent speakers delivering speeches on how to induce the City into an investor friendly ground. The purpose behind the seminar is to enhance an understanding of the opportunities available to Coastal Cities in order to stimulate economic potential, provide better understanding of the available national funding instruments and further facilitate a networking opportunity with other practitioners operating at different organisations. The agency will also celebrate its one year existence. The two-day seminar will be held at the East London Industrial Zone on Thursday 9 October – Friday 10 October. Related Business skills for developing SMMEs Ntlanganiso was one of the entrepreneurs who attended the Small and Medium Enterprises’ training programme at the Duncan Village Youth Advisory Centre last week. The Visual Artist who has already started his own company is currently training 80 up and coming young artists on performing arts and sound from eight different schools from his community. Speaking to BCMM Website, he said that the training has given him a different perspective on how to run his own business and it has also helped him grow as a business person. “As an artist you always focus on your art and not how you can make a living out of your creativity. This programme has helped me and others to see a bigger picture of what we can do to sustain ourselves as well as operate sustainable businesses.” However, the young entrepreneur said the programme was short and had hoped that it could be extended to more than a week. “I wish the duration of the training could be extended and the facilitator can go deeper into the curriculum because now we are currently on the entry level of business development and management.” The initiative was organised by the Duncan Village Youth Advisory Centre partnering with the Eastern Cape Development Corporation (ECDC) to train 30 SMME’s from Duncan Village and the surrounding areas. Participants were skilled on business profiling, how to source funding for their businesses, how to come up with ideas and that are needed to run an effective and viable business. Youth Advisory Officer Zimbini Kangapi said, “The programme was designed to help potential entrepreneurs intending to start a business and who need the skills to manage their small businesses effectively as well as those who are already operating their businesses. “The training will help the entrepreneurs acquire basic small business management skills and knowledge that will contribute to the survival and growth of their businesses. This will help existing small business owners enhance their management skills in preparation for business growth.” Kangapi added that the SMMEs were selected from the DV Business Support Centre database and that young people must utilise the centres in order to benefit from the programmes that are run in the centre. BCMM has three youth advisory centres one in King William’s Town, Mdantsane and in Duncan Village. The training took place from 29 February to 2 March 2016. For more information on programmes run in the centre contact the DV Business Centre on 043 722 0641. Youth Economic Emancipation Seminar The seminar was held with the aim to encourage and motivate the youth to establish their own Small Medium Micro Enterprises (SMMEs). The theme for this year’s seminar was, Enhancing Youth Economic Participation in Economic Development for Job Creation. Speaking at the seminar Portfolio Head for Corporate Services Nomfezeko Ngesi said, “The young people of the Metro are faced with various socio-economic challenges such as unemployment, HIV/Aids, crime and various others.” Ngesi added that seminars such as these are a great tool to encourage young people to not only seek employment but to create their own opportunities for economic freedom. A panel discussion was held with representatives from various organisations including South African Breweries (SAB), ABSA Bank, the National Youth Development Agency (NYDA), the Office of the Premier Youth Unit, Soul City Institution of Social Development, Boss Babes Movement SA and the Department of Rural Development and Land Reform were part of the discussion. Speaking on behalf of SALGA, the Advisor for Human Development Natasha Poni said, “Not all of us are going to get a university degree but if you have a talent explore that talent.” She also pointed out that a lot of musicians in South Africa are from the Eastern Cape. Poni also encouraged young people to take up every opportunity that is presented to them and to learn to be independent about the decisions that they make. The representatives presented and encouraged the youngsters to seek various sustainable employment opportunities and channels they could take to combat the issue of unemployed. Discussions around the issue of how to fill in forms for bursaries, internships and the correct way to draw up a business which will attract investors to help fund their business ventures. Ayanda Msiza, an unemployed youngster from Duncan Village said, “The Metro needs to hold more information sessions such as these. “We are often not aware of how to go about applying for internships or bursaries, the information I have received here will really help me in the near future.” Founder of the Boss Babes Movement SA Yamkela Njingolo who was previously unemployed speaks about how the Non-Profit Organisation provides career and entrepreneurial guidance to South African women who aim to empower themselves. Njingolo reflected on the hardships she had to endure to get to where she is today. “One lesson I have learned along the way of establishing my own business and being a business women is that if you want to go fast go alone, but if you want to go far take others with you,” said Njingolo. Due to the large numbers of aspiring entrepreneurs ABSA offered to organise and host a free one day financial management course on how to manage finances, how to draw up a business plan and the correct steps required to receive funding for a business model. 2017 BCMM Franchise Expo launched The three-day long annual franchise expo kick started on Thursday 16 to 18 November at the East London Convention Centre (ICC). The expo was run to give platform to showcase the existing franchise as well as small business opportunities and the workshop sessions to help citizens of Buffalo City to fully understand how franchising work. Moreover, to attract new investors of the varied business franchises on offer and encourage entrepreneurs to invest in Buffalo City. There are huge benefits available for investors, which in turn will beef up the economy in the city. The annual franchise expo was organized by the BCM’s Local Economic Development Business Unit. At least 75 franchise companies set up stalls at the East London Convention Centre to showcase their products. Speaking at the expo Pakati said, “Through the Expo, we aim to connect our entrepreneurs with industry role players not only for franchising opportunities but also for motivation and inspiration.” “The Expo will assist our people to get a better understanding of the Franchising model by offering a credible platform for the showcasing of existing franchise and small business opportunities,” said Pakati. “We are very proud to announce that this initiative has assisted in bringing two new franchisees into the city with Fournew's shortly opening a News Cafe and with an SME that is currently negotiating financing for a Sherpa Kids franchise,” he said. Adding to that, BCM General Manager of Trade and Industry Development Xolelwa Majiza said, “This year the city has increased the exhibitors that has joined the expo and also prepared entrepreneurs lounge business persons to interact and connect with each other.” She added that BCM’s expo has been rated number one comparing with other expos taking place in nine provinces. “There are also expertise from the Border Kei Chamber of Business, Black Management Forum (BMF), Maid4U, Business Women Association (BWA) and Black Business Forum (BBF) that attended the franchise to share their skills with BCM entrepreneurs,” she said. Among the people who came to the expo to share their skills was the founder of a recruitment agency called Maid4U, Lindiwe Shibambo who endured challenges as a young woman growing up in Pretoria. Lindiwe motivated and shared her success story with the BCM entrepreneurs and said she took a profound interest to train, develop & recruit individuals who have a passion for au pair & housekeeping. Before Maid4U was established to become a successful agency today. She concluded by saying, “stay strong and focused. Remember that our deepest fear is that we are not inadequate. Our deepest fear is that we are powerful beyond our own measure.” BCMM presents the 2017 Franchise Expo The event has gained huge support over the years and as a result, it is set to be bigger and better with about 50 exhibiters in line to showcase their franchises and business opportunities. The expo is an enterprise development initiative of BCMM. It is aimed at linking franchisors and SMEs offering business opportunities with potential investors and financial institutions. Some of the exhibitors this year include ABSA, Amway, Doves, Daily Dispatch, Nino’s and many more. In addition, the expo features an exciting workshop programme which is aimed at removing uncertainties about whether franchising is something they should consider. Existing franchisors, franchisees, business owners who would like to franchise there, business entrepreneurs interested in owning a franchise, school-leavers and graduates entering the business arena, business developers, financial institutions, local, district and provincial government members of the public are all encouraged to attend. Attendees will be able to tap into the latest developments critical to franchising, explore the role of franchising in the empowerment of the small business sector, engage knowledge sharing and networking. Experts in their respective field will inform attendees about the diverse options available, how to assess them and how to make the decision that’s right for them. While some of the presentations will be offered daily, others are once-off events. The full events programme is available on the website www.bcmmfranchise.co.za The day will also see visitors engaging with exhibitors, questions answered by experts, visitors to the expo will receive information material they can take home for future reference. Entry to the eagerly anticipated expo and workshop attend is free. SONA Activations 2017 Activities kicked off with a train ride from East London, passing Mdantsane and the last stop was Berlin on February 2. The main activity was to distribute government information products which include SONA leaflets, newsletters, general government information leaflets and interacting with people about their expectation from the upcoming SONA and about service delivery in general. This programme was one of the pre-SONA activations intended to create awareness about the upcoming State of the Nation Address scheduled for 9 February 2017. The theme for SONA 2017 is The year of Oliver Reginald Tambo: Unity in Action Together Moving South Africa Forward. Speaking to one of the train commuters from East London to Berlin, Bayambela Sifumba said, “I am concerned with how the government plans to deal with issues of unemployment and service delivery in our community.” According to the GCIS website (www.gcis.co.za), the President will provide an update on the implementation of the Programme of Action based on the National Development Plan (NDP). The 2017 SONA will also be delivered within the context of the current strides made by government to respond to the various challenges that our country is facing. Public Participation Practitioner Kenneth Kodwa said, “We set out to share information with the public about the SONA, we acknowledge the importance of community involvement in sound governance and also in keeping with the Batho Pele principals.” The public is encouraged to participate in discussions on Facebook (GovernmentZA) and Twitter on the hashtag #SONA2017 Other activation events include a radio debate amongst school pupils from two high schools in Duncan Village namely Kusile and Sinovuyo High on Kumkani FM, 6 February and a dialogue session with the community that will be held in Berlin 8 February. The SONA will be broadcast live on television, radio and social media from 7pm on February 9. 2017 Energy Indaba To register for the Indaba stakeholders can log on to www.bcmmenergyindaba.co.za - the registration fee for stakeholders is R1000 which covers all meeting materials, a goodie bag and all meals for the two-day session. For Corporate Sponsorship one can obtain the forms on http://www.buffalocitymetro.gov.za/Portals/0/notices/Energy_Sponsor_2017.pdf while exhibitors can go to http://www.buffalocitymetro.gov.za/Portals/0/notices/Energy_Exhibition_2017.pdf Exhibitors for more information contact email@example.com RSVP and contact info on firstname.lastname@example.org If you have any additional queries on the Indaba contact Dineo Mancotywa on 083 243 6123 or email@example.com The Indaba Registration closes on November 17, 2017. The Indaba opens on Monday 20 November followed by a cocktail event in the evening and closes on Tuesday, 21 November 2017. The theme for this year’s Indaba is “BCMM Energy Alternative Energy Solutions for Sustainable Development” Follow us on Facebook @BuffaloCityMetro and Twitter on @OfficialBCMM with the #BCMMEnergyIndaba Comments are closed.