More than 100 small, medium, and micro-enterprises (SMMEs) have received training as part of the Coega Development Corporation (CDC) programme in the first half of the 2022/23 financial year.
“Over the six-month period (April – September 2022), a total of 102 SMMEs received training, as part of Coega’s SMME Development Programme, which implements developmental initiatives to grow SMMEs. The programme has proven very successful since its inception in 2014, having trained over 2 500 SMMEs over the years,” the CDC said on Wednesday.
During the first and second quarter of the current financial year 2022/23, Coega’s SMME training included bespoke new venture training, pricing, and tendering workshops.
The New Venture Training module aimed to assist SMMEs with business administration, while pricing and tendering workshops aimed to guide SMMEs on the tendering process, which will assist them to properly prepare and respond to bids/ tenders.
The training covered the Tshwane Automotive Special Economic Zone (Tasez) Programme and the Coega Special Economic Zone (SEZ) Zone 10 - Bulk Infrastructure Project.
Coega has reaffirmed that a strong SMME sector is crucial to achieve the country's objectives for economic development.
“The ability of Coega to promote long-term, sustainable corporate growth while simultaneously improving people’s quality of life through the provision of opportunities forms the basis of the company's overall strategic plan. Of the 102 individuals that received SMME training, 32 completed the New Venture Skills Programme and 70 completed the pricing and tendering workshops,” the CDC said.
Coega SMME beneficiary, Cynthia Ndika from Savela Cleaning Services, said the SMME development initiatives had improved the reputation and image of her business.
“Coega is a reputable corporation, which motivates my employees to put in the extra effort to meet its standards,” Ndika said.
“Working with Coega was a positive experience; service delivery was quick and effective. We are appreciative to Coega SEZ for the chance to support our growth, which ultimately led to our company receiving an upgrade to a 5pe CIDB grading. The project team and Coega provided excellent and highly competent support,” Britney Charles from Motheo Construction said.
Nompilo Dube, whose company provides plumbing services, expressed her appreciation for Coega’s trust in her and for going above and beyond in renewing their company’s contract.
“I appreciate the opportunity Coega has provided, and to be introduced to new clients as a result of our collaboration, as well as the ongoing communication with Coega, and the advice provided through the administration learnings,” Dube said.
Earlier this year, Coega announced that it had spent R1.5 billion on SMME procurement during the past financial year, ending March 31, which was targeted at businesses owned by women, especially black women, black youth, and persons with disabilities.
Coega’s policy is to ensure 33% SMME involvement in all projects; this cuts across the different sectors where Coega operates. The organisation also offers mentorship opportunities for emerging contractors and entrepreneurs. – SAnews.gov.za
