Thu, 25 Apr 2024
22.7 C
Durban

Wind farm partnership gives local youth SMMEs a boost

Home Business Management Education & Training Wind farm partnership gives local youth SMMEs a boost

A BUSINESS support programme targeting 16 SMMEs from four Eastern Cape communities was launched in the second half of 2021, after research indicated that youth-owned businesses are under-represented in procurement opportunities within this area. These entities are benefiting from business training and coaching through this supplier development programme, which is expected to run until 2024.

“This programme is important in that it broadens the horizons of entrepreneurs and exposes them to opportunities outside the renewable energy sector. Each business owner comes from a family and a community, and with each success they make, the chances of creating jobs increase, and we will have done our part to help reduce the high rates of poverty and unemployment that plague our communities,” said community liaison officer for Cookhouse Wind Farm, Lifa Baskiti.

The wind farm, in collaboration with Suzlon, a wind turbine operations and maintenance contractor,  is funding this initiative as part of its socio-economic development programme, which positively empowers communities to be economically independent and take ownership of their future.

The programme objective is to prepare a pipeline of local suppliers for both on-site and off-site opportunities.

One of the beneficiaries, Siyasanga Vena, owner of Iqhayiya neBhongo Lethu, says the programme has been helpful and a catalyst for his business as well as other aspiring local entrepreneurs to conduct their businesses professionally, ethically, and in compliance with all applicable laws.

“The programme has taught me that I don’t have to own a multi-million-rand company to be professional and I need not limit myself to my local market. As a business, I want to be self-sufficient and be able to penetrate any market space while doing a great deal of social investments,” concluded Vena.

Most Popular

Getting rubber manufacturers on the path to sustainable energy optimisation

FOR decades, South Africa’s rubber has been a major material used in both the mining and automotive sectors. Now, with increasing pressure to address...

Clean energy jobs outpacing employment in the fossil fuel sector

THE transition to clean energy is an environmental imperative and an economic juggernaut, now employing more people globally than fossil fuels, according to the...

Informal trade infrastructure investment to boost Mt Ayliff

THE eMaxesibeni Informal Trade Infrastructure project worth R26,5 million for the benefit of 150 informal traders at eMaxesibini (Mount Ayliff) in the Umzimvubu Local...

Mbhashe LG Mall’s abstract geometric patterns a distinctive feature

CONSTRUCTION on Mbhashe LG Mall in Mbhashe, Eastern Cape, has begun. The new rural retail centre will open in early 2025. Mbhashe LG Mall...