Ivor Blumenthal’s Post

Building a Stronger Future Together: How BBBEE Benefits Your Rural Business Running a business in rural South Africa comes with unique challenges. But did you know that BBBEE compliance can actually be a powerful tool for securing your family business's future? Here's how: Broadened Market Access: BBBEE certification opens doors to lucrative government tenders and contracts with larger companies looking for diverse suppliers. Stronger Community: Investing in skills development and empowering designated groups in your area creates a loyal and skilled workforce, boosting your local economy. Sustainable Growth: By fostering inclusion and social responsibility, you build trust with your community, leading to long-term customer loyalty. BBBEE isn't just about ticking boxes, it's about building a sustainable future for generations to come. #BBBEE #RuralBusinessSA #TogetherWeThrive P.S. Looking for guidance on BBBEE compliance for your business? Share your questions in the comments!

Building and maintaining stakeholder confidence is crucial for any business, and this holds true when dealing with Broad-Based Black Economic Empowerment (BBBEE) verified businesses in South Africa. Contact: Info@fidelityverification.co.za 011028 0417 #BEEVerification #assessments #southafrica #BBBEE #empowerment

We are delighted to announce that Winfred Kinuthia, Grants Finance and Operations Manager at Mastercard Foundation Fund for Resilience and Prosperity, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: The Mastercard Foundation Fund for Resilience and Prosperity was established in 2023 with an objective to address the barriers that hinder the creation of opportunities for dignified and fulfilling work for young people in the continent. These include young women, refugee youth, and youth living with disabilities. The barriers identified include lack of access to finance, access to markets, human capital, enabling business environment and investor connections. The Program will address these barriers by: 1. Offering direct financial support through a challenge fund to organizations with high growth potential and the ability to scale up innovative and resilient business models. 2. Providing a two-front additionality pathway where the Organization will prepare the SMEs to be investor ready on one hand and negotiate partnerships with potential financiers on the other hand. 3. Adding value beyond financial support through technical assistance and capacity building; 4. Convening and influencing through experienced partners and digital platforms to drive systemic change by convening relevant stakeholders. The Mastercard Foundation is working with partners to implement this 7-year program. The Fund Manager for the Mastercard Foundation Fund for Resilience and Prosperity is KPMG Development Services Limited in partnership with Triple Line Consulting, the Monitoring, Evaluation and Learning Partner Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London #afsic #afsic2024 #investinginafrica #africaninvestment #africafinance

We are delighted to announce that Winfred Kinuthia, Grants Finance and Operations Manager at Mastercard Foundation Fund for Resilience and Prosperity, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: The Mastercard Foundation Fund for Resilience and Prosperity was established in 2023 with an objective to address the barriers that hinder the creation of opportunities for dignified and fulfilling work for young people in the continent. These include young women, refugee youth, and youth living with disabilities. The barriers identified include lack of access to finance, access to markets, human capital, enabling business environment and investor connections. The Program will address these barriers by: 1. Offering direct financial support through a challenge fund to organizations with high growth potential and the ability to scale up innovative and resilient business models. 2. Providing a two-front additionality pathway where the Organization will prepare the SMEs to be investor ready on one hand and negotiate partnerships with potential financiers on the other hand. 3. Adding value beyond financial support through technical assistance and capacity building; 4. Convening and influencing through experienced partners and digital platforms to drive systemic change by convening relevant stakeholders. The Mastercard Foundation is working with partners to implement this 7-year program. The Fund Manager for the Mastercard Foundation Fund for Resilience and Prosperity is KPMG Development Services Limited in partnership with Triple Line Consulting, the Monitoring, Evaluation and Learning Partner Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London #afsic #afsic2024 #investinginafrica #africaninvestment #africafinance

We are delighted to announce that Tayo Oviosu, Founder & CEO at Paga, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: With its burgeoning population of 220 million, Nigeria boasts Africa's largest economy. Yet, it's remarkable that this growth has been achieved despite the country's citizens grappling with a cash-centric lifestyle devoid of credit cards, lines of credit, and ATMs. The potential for financial empowerment in Nigeria is immense, and Paga is at the forefront of this transformative journey. Paga is not just a financial service provider, but a powerful catalyst for change in Nigeria. We are unlocking the economic power of Nigeria's educated, entrepreneurial, and driven society by building the financial infrastructure and ecosystem - all the way to the last mile – for consumers, merchants, and enterprises. Paga also enables Nigerians in the diaspora to stay connected to their families by enabling the transaction rails for cross-border remittances. Our goal is to make it simple for a billion people to access and use money, thereby transforming their lives and inspiring a new era of financial inclusion. Paga is on an exciting trajectory. Over 200 enterprise companies leverage Paga's infrastructure (Platform-as-a-service), over 25 million individuals use Paga, and the company processes over 1 Trillion Naira every six weeks and has achieved profitability. Paga is entering the next growth phase, deepening in Nigeria and expanding to other geographies. Paga is raising $40m in equity and $15m in debt. It will leverage the equity to fuel African expansion and the debt to fund devices and loan origination. Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London #afsic #afsic2024 #investinginafrica #africaninvestment #africafinance

North West Boost Your Business Pitching Challenge Standard Bank Enterprise Development is delighted to announce the Standard Bank North West Boost Your Business Challenge (Pitch Competition) where the top 10 selected businesses will get a chance to pitch for grant funding to boost their businesses! This is your opportunity to unlock growth for your business, with some much-needed development and funding. CLICK HERE (https://lnkd.in/dXPqQXgu), to ENTER NOW, and don't miss this chance to elevate your business! CLOSING DATE FOR ENTRIES: 18 March 2024 Hosted by Standard Bank and brought to you by Classic Oriental Consultancy, dedicated to supporting SMEs on their path to sustainability. Criteria: 1. 51% or more black owned businesses. 2. Turning over less than R5 million. 3. Trading within South Africa and the majority shareholder being a Black South African citizen. 4. Business is operational for 2 – 3 years. 5. NPO’s, NGO’s, Co-operatives, and joint ventures are excluded.

Is your business BBBEE compliant? Many government tenders, public-private partnerships, and even private companies prioritize BEE partners. Jacana Advisory can help you achieve BEE compliance and unlock new growth avenues. Visit www.jacanaadvisory.co.za to learn more. #BBBEE #SouthAfrica #BusinessGrowth

#BTOpinion: The values associated with Wee, such as honour, enterprise, unity and commitment, may be his greatest legacy – more than his business achievements and the wealth he leaves behind. Get tips to navigate the HDB, private home and commercial property markets. Join the BT Property Outlook 2024 Seminar on Feb 24. Sign up at http://bt.sg/btproperty24 #wealthmanagement #singaporeproperty

We are delighted to announce that Winfred Kinuthia, Grants Finance and Operations Manager at Mastercard Foundation Fund for Resilience and Prosperity, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: The Mastercard Foundation Fund for Resilience and Prosperity was established in 2023 with an objective to address the barriers that hinder the creation of opportunities for dignified and fulfilling work for young people in the continent. These include young women, refugee youth, and youth living with disabilities. The barriers identified include lack of access to finance, access to markets, human capital, enabling business environment and investor connections. The Program will address these barriers by: 1. Offering direct financial support through a challenge fund to organizations with high growth potential and the ability to scale up innovative and resilient business models. 2. Providing a two-front additionality pathway where the Organization will prepare the SMEs to be investor ready on one hand and negotiate partnerships with potential financiers on the other hand. 3. Adding value beyond financial support through technical assistance and capacity building; 4. Convening and influencing through experienced partners and digital platforms to drive systemic change by convening relevant stakeholders. The Mastercard Foundation is working with partners to implement this 7-year program. The Fund Manager for the Mastercard Foundation Fund for Resilience and Prosperity is KPMG Development Services Limited in partnership with Triple Line Consulting, the Monitoring, Evaluation and Learning Partner Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London #afsic #afsic2024 #investinginafrica #africaninvestment #africafinance

We are delighted to announce that Tracey Austin, Director Financial Services at UK Department for Business and Trade for Business & Trade Africa, will be speaking at AFSIC - Investing in Africa, 7-9th October 2024. Company Overview: The UK Department for Business and Trade’s (DBT), Financial and Professional Services (FPS) team is spearheading two initiatives to link African business to the UK supply of capital. On the public side, the main initiative is to drive balanced dual/reverse listings in partnership with the London Stock Exchange (LSE) and on the private side, direct the focus on risk adjusted returns from the perspective of the ‘supply-of-capital’ through its Investor Interchange Hub (or the Hub). Both streams are being run simultaneously, working with major UK intermediaries and financial services companies. While the public equity markets remain a cornerstone of our work, The Hub complements these efforts by unlocking financing opportunities for private sector projects across key sectors. Register NOW to attend AFSIC – Africa’s Investment Event, 7-9th October 2024. London #afsic #afsic2024 #investinginafrica #africaninvestment #africafinance