Blogs

THE ENTREPRENEUR 2013 COMPETITION

 

We are proud and excited to announce that The Entrepreneur Competition has been officially LAUNCHED for 2013! 

 

This year applicants have until June 7 to fill in their entry forms. All entrants will then be reviewed and 30 semi-finalists will be chosen. They will then have to undergo a rigorous training programme and attend sessions every Saturday for a period of eight weeks from July 6 – August 24.

 

The programme will include all aspects of business, including strategy, marketing and sales, operational planning, staffing, financial planning and presentation skills. A panel of judges and mentors then scrutinize each individual application and based on this rigorous process – a final 10 entrants are selected. These finalists undergo further training.

A total prizes to the value of R300 000 is up for grabs and will be shared between the winners. The capital is then held in account and carefully allocated under the guidance of a mentor. In addition to the prize money the top five receive a 12 month contract with a local business management company that provides the necessary support and advice as well as free Chamber membership for a year.

 

In a surprise announcement at the Entrepreneur Competition launch held at the iLembe Chamber Offices the 15th of May part owner and editor of the North Coast Courier Bruce Stephenson also announced R40 000 of free advertising space in the monthly Get-It magazine and newspaper to assist business entrepreneurs in marketing their efforts.

Click here to view photos from the Launch on our facebook page.

 

This year will be slightly different as the finalists will be expected to present an exhibition that showcases their business.  This is where they will be expected to present their ideas in a Dragons Den situation.  The South African Chamber of Commerce and Industry expressed their support for the competition to be run in other chambers in the country. The three winners from each chamber will then go forward to compete against each other at the SACCI annual convention in October at which former United Nations leader Kofi Annan is due to speak.

The competition will now be able to grow, attract the attention of government and big corporates and have far reaching effect for small business people. Like other chambers in the country, the ILembe chamber recognises that a strong local business environment encourages growth and research shows that up to 80% of all new jobs are created through stimulating the growth of existing small business.

 

On an academic level, a Masters student from UKZN has chosen to do his or her thesis on the programme to measure why it has been so successful. This has brought in the involvement of the top entrepreneurial academic institution in the United States – students from the Massachusetts Institute of Technology – who will now be engaging with the winners of last year’s competition to seek possible interventions for the challenges faced by business entrepreneurs.

 

We would like to thank the following key supporters in making this competition a success:

Sponsors:  

African Bank

Enterprise iLembe

Airports Company South Africa

UKZN

 

The Mentors:

Cobus Oelofse

Mickey Duncan

Dave Jarrett

Sue Hall

Chris Voysey

John Boyce

 

Judges:

Bruce Stephenson – Northcoast Courier

Jane Wiltshire – Valtrust

Paul Naidoo – Ballito Autohaus

Bruce Rencken – Lifestyle Centre

 

Click here to be directed to the entry form, these are also available at Ballito Lifestyle Spar, KwaDukuza Municipal Offices, Stanger, Sangweni Tourism Office, iLembe Chamber Offices. Please do not hesitate to contact us should you have any queries.

Chamber Bulletin - February 2013

 

Chamber Bulletin – February 2013

 

It seems like 2013 has come out of the starting gates at a much quicker pace than 2012, but with a lot more positivity and enthusiasm. There are still concerns about the macro economic outlook, but closer to home there is some talk in the corridors about some exciting new developments in the pipeline; more about this in the months that lie ahead.

 

News

 

Angola Trade Delegation

The ilembe chamber in partnership with Enterprise ilembe and the office of the Premier hosted a trade delegation from Angola; for more information click here. and to view more photos follow direct link to our Facebook page. 

 

Constraints to Business

The South African Chamber of Commerce and Industry (SACCI) attended the Business Unity South Africa (BUSA) Committee on Economic Policy (EconPol) on 6 February 2013. Click here to view the report.

 

Quarterly economic report

Enterprise iLembe quarterly economic survey; click here to view.

 

Forthcoming Events

 

Funding Fair

Do you have projects that require funding, Funding Fair will take place on the 16th and 17th of April. Click here to view the invitation.

 

Outward Mission

Trade & Investment KwaZulu-Natal (TIKZN) is planning an outward mission to Romania on the first week of April 2013. For more information click here.

 

Export Workshops

SA DTI Calendar - Proposed Export Awareness workshops - 2013-14 Please see the attached calendar. Members wishing to attend any of the workshops please contact Loraine Marshall Tel: 012 394 133 email:lmarshall@thedti.gov.za. Click here to view Calender

 

Tourism Lunch

The ilembe chamber hosts quarterly Tourism lunches, for more information about this quarter’s lunch scheduled for the 28th of February; click to view invite.  

 

Tender opportunities

 

KSIA - Click Here to view Request for Bid (RFB) –  Virtual viewing deck project & additional CCTV cameras.

 

Chamber Luncheons hosted this Quarter

 

Our Quarterly Luncheons kicked off with great attendance, divine food and wine, and adding to the ambiance of networking we had excellent speakers with valuable, interesting information.

 

We sincerely appreciate all the support from those involved to make these luncheons a great success.

 

Greg Jones from Edusport and Tim Hudson from Dube Tradeport have kindly made their presentations available to us.

 

TOURISM LUNCH

27 February – Hotel Izulu

Click Here for Events in iLembe – Greg Jones from Edusport.

Click here to be redirected to photos on our Facebook page. Please like the page.

 

INFRASTRUCTURE LUNCH

7 March – Hotel Izulu

Click Here for Opportunities in the North – Tim Hudson, Dube Tradeport.

Click here to be redirected to photos on our Facebook page. Please like the page

 

Please don't hesitate to contact me should you have any queries.

 

Thank You

 

Kind Regards

Renalda Hoffmann

Tel: 087 727 8630

Email: renalda@ilembechamber.co.za

Welcome back to 2013

 

WELCOME BACK

 

 

It’s back to the grindstone after a hot summer holiday and the weather certainly played its part this year resulting in a bumper season for Ballito. A number of restaurants and hotels reported a 20% to 30% increase in revenue compared to last December.

 

 

A big thank you to Brian Wright and his team for cleaning up the entrance to Ballito just before the season and maintaining it during the holidays. This is the start of the ilembe Chamber’s Urban Improvement Precinct (UIP) project for Ballito,that will be rolled out this year. For more information about what a UIP is, please visit www.Umhlangauip.co.za and to view the Images of Ballito Before and After click here.

 

This year is going to be jammed packed with activity and we look forward to our members getting more involved. Please click here  to our website to see what we have planned for this year.

 

 

It is with great disappointment that we need say goodbye to one of our special team members, Sue Mimm who is immigrating to the UK. Sue has been an integral part of the chamber team and will be sorely missed. We would like to wish her all the best in her new venture. At the same time, we would like to welcome a new member to our team – Renalda Hoffmann. Renalda will be our membership liaison. She will be visiting all our members on a regular basis to inform them about what the chamber is doing and at the same time get your input as to what you would like to see the chamber doing. For more information about what exactly a chamber is please CLICK HERE

 

 

 

Forums and Networking events

Our various forum meetings kick off at the end of this month and will be taking a slightly different format. Tourism forum and Infrastructure forums will be setting up task teams to start dealing with some of the challenges facing local business. Tourism will be focused on lobbying government for the establishment of a formal tourism office (CTO) for Ballito, whilst Infrastructure will be looking to get resolution on the P445 and Taxi Rank. Please contact Trenley on ceo@ilembechamber.co.za if you would like to be on either of these task teams.

 

Each forum will host a quarterly lunch to give feedback on progress as well as arrange for a guest speaker to address businesses on issues pertaining to it’s particular sector. Our monthly breakfast talks will resume again in February and be hosted at the chambers office. Notice of all meetings and events will be sent out closer to the time.

 

We would further like to take this opportunity to wish all our members a very prosperous 2013! We look forward to working with you this year as we strive to make this a better place to live, work and raise a family.   

Welcome back to 2013

 

WELCOME BACK

 

 

It’s back to the grindstone after a hot summer holiday and the weather certainly played its part this year resulting in a bumper season for Ballito. A number of restaurants and hotels reported a 20% to 30% increase in revenue compared to last December.

 

 

A big thank you to Brian Wright and his team for cleaning up the entrance to Ballito just before the season and maintaining it during the holidays. This is the start of the ilembe Chamber’s Urban Improvement Precinct (UIP) project for Ballito,that will be rolled out this year. For more information about what a UIP is, please visit www.Umhlangauip.co.za

 

This year is going to be jammed packed with activity and we look forward to our members getting more involved. Please click on the following link www to our website to see what we have planned for this year.

 

 

It is with great disappointment that we need say goodbye to one of our special team members, Sue Mimm who is immigrating to the UK. Sue has been an integral part of the chamber team and will be sorely missed. We would like to wish her all the best in her new venture. At the same time, we would like to welcome a new member to our team – Renalda Hoffmann. Renalda will be our membership liaison. She will be visiting all our members on a regular basis to inform them about what the chamber is doing and at the same time get your input as to what you would like to see the chamber doing. For more information about what exactly a chamber is please CLICK HERE

 

 

 

Forums and Networking events

Our various forum meetings kick off at the end of this month and will be taking a slightly different format. Tourism forum and Infrastructure forums will be setting up task teams to start dealing with some of the challenges facing local business. Tourism will be focused on lobbying government for the establishment of a formal tourism office (CTO) for Ballito, whilst Infrastructure will be looking to get resolution on the P445 and Taxi Rank. Please contact Trenley on ceo@ilembechamber.co.za if you would like to be on either of these task teams.

 

Each forum will host a quarterly lunch to give feedback on progress as well as arrange for a guest speaker to address businesses on issues pertaining to it’s particular sector. Our monthly breakfast talks will resume again in February and be hosted at the chambers office. Notice of all meetings and events will be sent out closer to the time.

 

We would further like to take this opportunity to wish all our members a very prosperous 2013! We look forward to working with you this year as we strive to make this a better place to live, work and raise a family.   

Withdrawel of Statement 500 of the Revised B-BBEE Codes of Good Practice

Withdrawel of Statement 500 of the Revised B-BBEE Codes of Good Practice

 

We wish to draw your attention to the following statement that the Department of Trade & Industry has issued on their Website regarding the proposed amendments to the BEE Codes that were circulated recently:

The Department of Trade and Industry (the dti) announces the withdrawal of Statement 500 of gazette number 35754 issued on 5 October 2012- Revised Broad Based Black Economic Empowerment Codes of Good Practice.

The decision comes after several stakeholders expressed concern that Statement 500 has been interpreted to mean that charities will be adversely affected, resulting in rising anxiety for charity and beneficiary organisations. The fact that the dti announced previously that the department will not raise the bar and correct any unintended interpretation upon completion of the public consultation period closes on Wednesday, 5 December 2012, has not eased this anxiety. The department therefore concluded that withdrawing the Statement immediately would be the most appropriate response.

In practice this means no change to the Socio Economic Developments elements.

'Slow Down 2012' Jazz Evening a success

 

A beautiful spring evening glittered with fairy lights, welcomed the 90 guests attending the ‘Slow Down 2012’ Jazz Evening, hosted by the iLembe Chamber of Commerce, Industry and Tourism at Collisheen Estate on Friday the 16th November.

Johnnie Walker Whisky was served on arrival, setting the tone for a smooth evening of entertainment by live Jazz Band ‘Beate-Route’, followed by Top Hat Dancers and guitarist Phil Moffett.

The atmosphere was relaxed and jovial as host companies entertained their clients, business colleagues, friends and family, enjoying good food, wine and great company.

Some of the VIP’s who attended the function included the Honourable Major Mthembu and his wife, Princess Nandi Zulu and Thulani Khuluse, speaker for KDM Municipality.

Thanks goes to the companies who hosted tables at the function including, Black Balance, Royal HaskoningDHV,  King Shaka International Airport (ACSA), SEC Electrical, Enterprise iLembe, Tongaat Hulett Developments and IThala.

The iLembe Chamber of Commerce would like to take the opportunity to wish all its members, businesses and organisations on the North Coast, a relaxing and peaceful festive season and continued success in 2013.

For pictures from this event and others, visit our facebook page

New Executive Committee Members elected at the Chamber AGM

The iLembe Chamber of Commerce, Industry and Tourism held it's 2nd AGM on Thursday 15th November at their office in Ballito.

 

President Mel Clark presented the 2012 annual report, which can be downloaded or viewed on the Chamber's website.  

The financial report for 2012 was presented by CEO, Trenley Tilbrook, which showed a positive balance of R245 000 at the closing of the 2011 financial period, and was signed off an accepted by the Executive Committee.

 

The Budget for 2013 was also presented by Trenley Tilbrook.  Included in the approved budget was an overall increase of 6% for operating costs, which is in line with the current inflation rate, with the exception of electricity for which a 16% increase was budgeted.  Membership fees for 2013 will also follow the 6% increase.

 

We congratulate the 10 members who will serve as the Executive Committee for 2013:

Mel Clark - Black Balance

Keith Palmer - Ithala

Grant Pringle - Hotel Izulu

Terence Delomoney - ACSA

Dayalan Chetty - Tongaat Hulett Developments

Andy Horton - iLembe District Municipality

Bruce Rencken - Ballito Lifestyle Centre

Jane Wiltshire - Valtrust

Paul Naidoo - BMW Ballito Autohaus 

Princess Nandi Zulu - Horse & Lionessence PR

 

Thanks and appreciation was extended to outgoing Executive Committee Members for all their valuable input during 2012.

 

In closing, Keith Palmer thanked Trenley Tilbrook for his incredible efforts during the past year, which certainly had its challenges due to the tough economic times, but despite that the ICCIT remains a young, dynamic and innovative Chamber with a strong future vision.

 

The Winners of the 2012 Entrepreneur Competition

 

The 11 finalists of the 2012 Entrepreneur Competition arrived looking nervous, but all handsomely presented and eager to give it their all and earn a place in the winners’ line-up.  The grand finale show took place at the Pumpkin Theatre in Ballito on Friday evening, the 1st of November.

 

The event attracted more than 100 guests, including some of last year’s competition winners, VIP guests, sponsors, local business owners,  the Chamber Mentors who have coached and trained the finalists over the last couple of months, members of the media and the supporters and fans of the finalists.  A group of six Grade 10 Business Studies learners from Ashton International College also attended with their teacher Shawn Moodley.  The class has been following the competition’s progress since its start in June 2012, and were keen to find out who the winners were.   The crew from 1KZN TV were also there to film the event.

 

Angus Herselman from African Bank, a joint sponsor of The Entrepreneur Competition, expressed delight at being involved in The Entrepreneur Competition, and also introduced some of the other CSI projects within the iLembe district which African Bank has initiated and to which they provide ongoing support and resources.

The judges panel included carefully chosen businessmen and women who have demonstrated their own entrepreneurial success in the local business arena.  They were; Bruce Rencken, owner of Lifestyle Superspar; Bongani Linda Chairman of  Enterprise iLembe, Jane Wiltshire, Executive Trustee at Valbridge and Paul Naidoo, owner of Ballito Autohaus.

 

The finalists all took to the stage and were allocated 5 minutes to pitch their business to the audience and judges panel, followed by on-the-spot questions from the judges.  Not an easy task for anyone to convincingly sell themselves and their business in just five minutes, but thanks to Chamber Mentor Chris Voysey, who kindly assisted the contestants to prepare for the daunting task, they all gave a moving, sincere and sometimes humorous performance.

 

“The quality of the presentations and the business plans was absolutely outstanding, which was a tribute to the months of hard work of the contestants and the dedication and expertise of the mentors.” Said judge Jane Wiltshire

 

“What a great choice of finalists. You all were amazing and I can see why you were chosen. I felt humbled to be in your presence. Well done to every single one of you”, said Kim Holt one of the semi-finalists who attended the event to cheer on her fellow competitors.

 

The judges had met and interviewed each one of the finalists in the week leading up to the final event, to get to know the contestants and explore their entrepreneurial qualities. “The jockey is just as important as the horse when it comes to a winning team”, said Trenley Tilbrook CEO of iLembe Chamber of Commerce, Industry & Tourism and added, “Even if the businesses plan itself is good, it can only be effectively implemented if the entrepreneur exhibits important qualities such as enthusiasm, self-confidence, passion, optimism and perseverance to ensure success.”

 

The Top 5 winners’ line- up included;

Cindy Gien, who won R50 000 investment into her company called Domestic UIF, who offers  a simple online registration service for Domestic Employers with the Unemployment Insurance fund.

Bhekie Buthelezi also won R50 000 investment into Buthelezi Enterprises who offer an Internet Cafe and printing service located in Etete.

The charming duo from Superwaste Recycling, Vusi Maduna and Xolani Sibiya receive R30 000 which will go towards the transport and logistics of their recyclable waste products. These two young men who started their waste recycling business four years ago – with two supermarket trollies and flattening tin cans by jumping on them!  They now have equipment worth R70,000 but have still never taken a salary.  However, when they sold their first batch of glass (30 tons broken with a 4lb hammer), they did take R100 to buy themselves one pizza!

Donald Manda, alias ‘Donald Trump’ of Donald Manda Properties receives R30 000 which will be used to employ and train 2 new staff members.

Toni Watson, aka ‘The Iron Lady’ (because she gave birth to her baby daughter during the final weeks of the competition), and owner of The Sarmie Shop receives R30 000 to expand her catering operation.

 

The runners up certainly did not go away empty handed, and all received R5000 for their efforts, as well as more unexpected additional prizes donated by local business, organisations and venture capitalists:

Ntombifuthi Mavundla owner of NTO’s Home Bakery was delighted with her donation of a new oven, sponsored by Ellerines, which will make her cup cake baking a whole lot easier and more efficient.  Until now, Ntombifuthi has had to get up at 2am when she gets a big order to bake her cup cakes (6 at a time in her mini oven) to ensure that she is able to deliver fresh product to her client.  Lifestyle Spar is also sponsoring her with R500 of ingredients.

Emritha Maharaj, nicknamed ‘The Banana Queen’ from Amy’s Fruit & Veg will be assisted with venture capital from the Kelleigh Trust.

Lungile Khuzwayo a dressmaker and designer was given a box full of designer evening wear garments donated by a locally based senior executive of African Bank, which she will hire out to her clients through her company Siyaqhakaza, and will also receive a new sewing machine and other equipment and fabric kindly sponsored by The Lions Club.  

Bonginhlanhla Mncube from Cherish Funeral Services, Tholakele Sibiya of Inqununu Fresh Daily Vegetables and Nonhle Dlamini owner of Designa Bedouin Tents & Events, made up the remainder of the eleven finalist positions, with Nonhle also being assisted further by financing of new tents by UTL Financial Services.

 

Over and above the capital investments which were generously sponsored by African Bank and Enterprise iLembe, the Top 5 also receive a 12 month contract with Phezulu Business Management (Pty Ltd), who will provide the winning companies with an all-inclusive business service, including business planning, mentoring, marketing, bookkeeping, year-end financials, tax planning, BEE advisory and business administration.  All this is bound to give the winners leverage to further develop and grow their enterprise.

 

The finalists were further rewarded with a 12 month free Chamber membership, and will be closely monitored and assisted with the development of their businesses, with the help of the Mentors. During this time it will be decided which of the Top 5 will receive a further equity investment of R100 000, based on their continued performance.

 

Charles Alcock, one of the Chamber accredited mentors who coached the finalists on financial planning, wrote, “Last night was a fantastic evening, it was not only inspiring but felt very rewarding to be part of being able to create happiness and motivation for the winners.”

 

The Entrepreneur Competition was initiated by the iLembe Chamber of Commerce, Industry and Tourism in 2011. The ICCIT is committed to help grow and strengthen local business through a variety of networking, business support and training platforms. “The Entrepreneur Competition is just one of our ways to improve the economic future and quality of life for all”, said Tilbrook.

 

 It is aligned to the chamber’s objectives in that it promotes and supports new and established local enterprises, it identifies and creates employment opportunities and promotes best practice in business. The joint venture has also enhanced public/private relationships and has highlighted the potential to grow into a far reaching event which will attract the attention of government and corporate companies nationally who may be looking for opportunities to invest in small business and entrepreneurship.

 

Every one of these people have not only created employment for themselves, but also for other people which shows that small entrepreneurs are a big part of the answer to South Africa’s unemployment problems, said Wiltshire.

 

We look forward to following the progress of this year’s winners and an even bigger and better competition in 2013.

Invitation to participate in the 4th investment and trade initiative (ITI) to India

 

INVITATION TO PARTICIPATE IN THE 4TH INVESTMENT AND TRADE INITIATIVE (ITI) TO INDIA
 
The Department of Trade and Industry (the dti) invites you to apply to participate in the 4th Investment and Trade Initiative (ITI) to India. This ITI is part of the dti’s objective to create market penetration for South African value added products and services in India and to promote South Africa as a trade and investment destination. the dti has planned a programme of activities which will include trade and investment seminars, mini exhibitions, business-to-business meetings and site visits.
 
Dates: 25 February to 01 March 2013
Cities: New Delhi and Mumbai
 
The requirements to be part of the South African business delegation are as follows:
 Companies interested in the trade activities during the event need to be export ready, be competitive in the South African market, have been in business for at least 2-3 years and have a proven business and export track record. The target sectors: Agro processing, Beneficiated Metals & Mining technology, Automotive components and Electro-technical.
 Companies seeking to attract foreign direct investment and project owners/managers seeking joint venture partnerships in the following sectors: Pharmaceuticals, ICT, Energy, Manufacturing and Infrastructure.
 
the dti will provide:
 Hotel accommodation up to R2,000.00 per night
 Economy class return airfares to a maximum of R13,000.00
 Excess baggage to a maximum of R2,000.00 (display material/ samples)
 Business to business meetings for participants
 
Companies that apply to participate will be screened and selected in line with EMIA guidelines and market requirements. Interested companies are required to complete and submit the attached EMIA application form to:
Mapungubwe- the dti Group House,
Building A, Ground Floor, EMIA Division 77 Meintjies Street, Sunnyside
Pretoria, 0002
 
For the full invitation details CLICK HERE to download
 
For more information on the EXPORT MARKETING & INVESTMENT ASSISTANCE (EMIA), Group Outward Mission Guidelines  - DOWNLOAD HERE