LEPHALALE — Shanduka Black Umbrellas Enterprise Development rolled out the red carpet on Thursday, 12 April and awarded top performing companies with special awards in the following categories: Most Jobs, Best Performing Company and Best BU Ambassador. Black Umbrellas Lephalale Region is a non-profit company involved in facilitating enterprise and supplier development, primarily through business incubation with assistance from various funders including the Anglo Sebenza Fund, Mitsubishi Hitachi Power Systems Africa (Pty) Ltd, Exxaro and Transnet as a donor funder.
Nape Rametse was the master of ceremony while Precious Tshabalala, General Manager of BU Inland delivered valuable background information about the company. She said that the purpose of the event is to honour excellent entrepreneurship. “They make a difference in the community”. She also said that entrepreneurs must meet strict criteria to be eligible for an award. SBU wants to ensure that when the ‘umbrella’ falls away and the reality of the work begins, people must be independent in order to execute their business in all respects in an excellent manner. The key note address was delivered by Mo-Emi Pitsi, Director: Sector & Workplace Dialogue of the Department of Economic Development.
In the category Most Jobs Created, Rostock Engineering (Pty) Ltd, an engineering and metal manufacturing company was third. Second was Boraro Mmogo Investment Holdings (Pty) Ltd, a road transport and logistics service provider. The winner for most jobs created in 2017 is Debar Ceramics (Pty) Ltd, a company involved in the sale, installation and maintenance of non-ferrous wear-resistant materials.
In the category for Best Performing Company, the local laundry and cleaning service company, Excellent Example, was third and second was Setumishi Building and Construction Enterprise. Debar Construction also won this category and will continue to fly the Black Umbrellas Lephalale flag high.
The last award to be presented was Best BU Ambassador. Boraro Mmogo Investment Holdings (Pty) Ltd was in the third place, Debar Ceramics was the runner up and the winner was Excellent Example. The winner in this category will compete against seven other entrepreneurs from other provinces. After the awards Kgadi Ramothwala, MHPS Hub manager, delivered an inspiring message and said that those who did not receive awards are winners by virtue of having businesses as they did not let fear to be an obstacle in reaching their goals.
But the message for the evening was clear: It’s not about making money for today, but being sustainable for the rest of your life.
Figures for BU in the entire country up to January 2018:
- The total number of SMEs incubated since inception (Pre and full incubation): 1 408
- Permanent jobs created and preserved: 11 522
- Total turnover: R2.4 billion
- Salaries paid: R585 million
- Net asset value: R985 million
- Tax paid by SMEs: R133 million
- Average cost per job created: R46 262