Business Opportunities in the Energy Sector Workshop - Mpumalanga Bundu Lodge 28 th August Name of the presenter: Sabelo Mamba Regional Manager

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Business Opportunities in the Energy Sector Workshop - Mpumalanga Bundu Lodge 28 th August 2014. Name of the presenter: Sabelo Mamba Regional Manager"

Transcription

1 Business Opportunities in the Energy Sector Workshop - Mpumalanga Bundu Lodge 28 th August 2014 Name of the presenter: Sabelo Mamba Regional Manager

2 Overview and Background Challenges that led to the establishment of sefa Limited success in fostering a strong and large SMME sector Weak small business performance Poor uptake of Khula and Samaf products Poor visibility among small businesses Duplication of services amongst government agencies High cost of delivering financial services to SMMEs 2

3 Overview and Background (Cont) Establishment of sefa Cabinet support for an integrated approach sefa was established on 1 st April 2012 as a wholly owned subsidiary of IDC (merger of Samaf, Khula and the small business activities of the IDC) Established in terms of IDC Act Shareholder compact between IDC and EDD incorporates sefa sefa s Corporate Plan informed and guided by a number of Legislative and Policy Prescripts (eg New Growth Path, Outcome 4 and other National Imperatives and legislation) 3

4 Product Portfolio Enabling/Support Human Capital Management, IT Systems, Stakeholder Relations & Communications, Finance and Procurement Organisational Framework Corporate Governance Board of Directors, sefa Management, Risk & Compliance, Credit Controls, Audit & fraud prevention and Legal Customers Distribution Channels R500 Direct Lending Products Working Capital loan, Asset finance, Term loans, Revolving loan, Bridging loan, Short-term trade finance SMMEs and Co-operatives sefa s Regional Offices, RFIs, MFIs, FSCs, Commercial Banks, Specialised Funds, Provincial Development Corporations (PDCs), Post Office, & Post Bank Wholesale Financing Business Loans (RFIs/MFIs/FSCs/FIs), Joint Ventures/Equity Funds, Credit Guarantee Scheme, Land Reform Empowerment Fund Capacity Building Services sefa s values: Kuyasheshwa, Passion for development, Integrity, Transparency, Innovation Mission: to provide simple access to finance in an efficient and sustainable manner to survivalist, micro, small and medium enterprises throughout South Africa. Vision: To be the leading catalyst for the development of sustainable Survivalist, Micro, Small and Medium enterprises through the provision of finance. R5m (RFIs/MFIs/FSCs/FI s)- Institutional Strengthening, Pre Post loan mentoring, 4

5 Mandate Overarching Mandate To promote the establishment, survival and growth of SMMEs and thus contribute towards poverty alleviation and job creation. Legislative Mandate To foster the development of Small and Medium Enterprises and Cooperatives; as stipulated by the IDC Act s(3)(d). 5

6 Target Market sefa s target market consists of small businesses that have been failed by the existing formal banking and finance sector. These include: Survivalists and microenterprises those requiring loans of anything between R500 and R Small enterprises loans between R and R Medium enterprises loan between R and R

7 Targeted Group Funding 30% of funding disbursed targeted towards youth-owned enterprises. 45% of funding disbursed targeted towards priority rural provinces. 40% of funding disbursed targeted towards women-owned businesses, progressively increasing in subsequent years. 70% of funding disbursed targeted towards black-owned businesses. 7

8 Overall Strategic Objectives The strategic objectives of sefa are to: 1. Increase access and provision of finance to small businesses and thereby contribute towards job creation. 2. Develop and implement a national footprint for effective product and service delivery. 3. Build an effective and efficient sefa that is a sustainable performance driven organisation. 4. Build a learning organisation. 5. Build a sefa that meets all legislative, regulatory and good governance requirements. 6. Build a strong and effective sefa brand emphasizing accessibility to SMMEs 8

9 Products & Services - Wholesale Lending Product Business Loans Funds/ Joint Ventures Credit Indemnity Scheme Land Reform Empowerment Fund (LREF) Description Partnership with Non Bank Financial Intermediaries for on-lending to SMMEs (eg sefa provides loan to SEF, who lends money to micro enterprises) Partnership with mainly private sector entities for on-lending to SMMEs (e.g. sefa s partnership with Anglo to provide finance to small mining contractors) sefa provides guarantees to banks, enabling loans to small businesses that do not otherwise have sufficient collateral/security to support facilities. Facility through which sefa lends money to commercial banks and other reputable agricultural lenders for on-lending to land reform beneficiaries 9

10 Products & Services - Direct Lending Product Description Revolving/Bridging Loans To facilitate short term capital requirements or bridging finance for delivery of contracts or orders (eg a small business gets a contract to supply stationery, but needs finance to buy the stock) Asset Finance Term Loans Working Capital For acquisition of fixed assets (eg a small business needs a new machine. sefa provides a loan, repayable over 5 years) To finance longer term business expansion requirements and specific capital acquisitions (similar to asset finance, but not necessarily linked to a specific machine) To finance purchase of stock, overheads, etc (eg sefa provides a shorter term loan (3 years) to a small shop to buy stock needed to expand) 10

11 Products and Services - Non Financial Services Product Description Post-loan Business Support Programme Institutional Strengthening Grants This service is only provided to SMMEs that have benefitted from facilities provided by sefa and its financing partners as a risk mitigating intervention (e.g. sefa provides a mentor to a small business to assist with specific aspects of running the business) Aimed at providing institutional strengthening and technical assistance to Financial Intermediaries (eg grant funding provided to an intermediary to assist it in improving its systems) 11

12 Wholesale Lending Short Term Initiatives Partner with stronger financial intermediaries and recapitalise Sign agreements with financial institutions and increase utilization of the Credit Indemnity Scheme Continue with the review of the wholesale lending portfolio, including the consolidation of intermediaries Expand wholesale offering through partnerships targeting specific sectors and/or markets Introduce new products that are aligned to intermediary needs that meets sefa s developmental objectives Influence interest rate charged by intermediaries to SMMEs to meet sefa s developmental objectives Institutional strengthening of intermediaries through targeted capacity building grants and technical support Target specific co-operative markets Finalise the wholesale lending division s structure and placements Review the financial modeling for the wholesale lending division 12

13 Funding and pricing strategy sefa s pricing strategy will be developmental in nature. The pricing will be affordable to small businesses, incorporating an appropriate discount for developmental impact, whilst ensuring the sustainability of the institution. Continued support via grant funding is required to offer some of the products (e.g. Credit Indemnity) 13

14 Delivery Network Existing sefa offices Existing Retail Financial Intermediaries Existing Microfinance intermediaries Planned sefa branch/ satellite offices (branch office is a small staffed office. Satellite office is a desk in eg. seda/post Office, manned at specific times.) Cities/towns 14

15 THANK YOU NELCITY BUILDING OFFICE U5 (First Floor) Cnr Samora Machel Drive and Paul Kruger St - Nelspruit, Tel: / / Cell:

Date: 23-24 June 2015. Venue: Presenter: Mr Ricardo De Beer

Date: 23-24 June 2015. Venue: Presenter: Mr Ricardo De Beer Date: 23-24 June 2015 Venue: Presenter: Mr Ricardo De Beer Profile Merger between the South African Micro-Finance Apex Fund (samaf) and Khula Incorporating IDC s SME mandate Purpose: provide finance and

More information

Sefa Presentation to the Portfolio Committee on Small Business Development

Sefa Presentation to the Portfolio Committee on Small Business Development Sefa Presentation to the Portfolio Committee on Small Business Development Thakhani Makhuvha Chief Executive Officer Parliament Cape Town 03 September 2014 Contents About us Mandate / Vision Mission Values

More information

State-owned Company registered in terms of the Companies Act

State-owned Company registered in terms of the Companies Act Introducing sefa Corporate Profile Established Corporate Type Shareholding Reporting Funding Objective Activities Geographic mandate Finance Governance Values April 2012 (merged entity) State-owned Company

More information

2 Small Enterprise Finance Agency. 1.1 Corporate profile. 1.2 Vision. 1.3 Mission. 1.4 Strategic objectives. 1.5 Values

2 Small Enterprise Finance Agency. 1.1 Corporate profile. 1.2 Vision. 1.3 Mission. 1.4 Strategic objectives. 1.5 Values INTRODUCING sefa 1.1 Corporate profile Following a Cabinet decision and the State of the Nation address of 2011, the Small Enterprise Finance Agency (SOC) Limited (sefa), was established on 1 April 2012

More information

Emerging Farmer Support Services

Emerging Farmer Support Services Emerging Farmer Support Services In order to make a success of his/her new farming venture, an emerging farmer requires the following support structures: a) Access to land and related resources like water;

More information

Section 8 Funding Options and Support Services

Section 8 Funding Options and Support Services Resources are not unlimited and it is therefore extremely important that the resources be spent on the most important projects. Prioritising projects makes implementation easier as it is possible to start

More information

Access to Finance. Here is a list of bridging Finance, Factoring and other support services available for SMME's:

Access to Finance. Here is a list of bridging Finance, Factoring and other support services available for SMME's: Access to Finance Here is a list of bridging Finance, Factoring and other support services available for SMME's: Small Enterprise Foundation Location: Limpopo How Much: loans of maximum of R 1 600 Requirements:

More information

ENERGY SECTOR WORKSHOP FOR WOMEN

ENERGY SECTOR WORKSHOP FOR WOMEN ENERGY SECTOR WORKSHOP FOR WOMEN Prepared By: Welane Wanzi 16&17 September 2015 Outline of the presentation PART 1 Priority Focus Areas NWDC Basket of services SMME Development & Support NWDC Provincial

More information

6 th African Microfinance Conference

6 th African Microfinance Conference 6 th African Microfinance Conference Presentation by: Mr. Wilson Twamuhabwa CEO, UGAFODE Microfinance Limited (MDI) President AMFIU- Uganda MFI Network Contact: wtwamuhabwa@ugafode.co.ug About UGAFODE

More information

ARM CORPORATE SOCIAL INVESTMENT POLICY

ARM CORPORATE SOCIAL INVESTMENT POLICY ARM CORPORATE SOCIAL INVESTMENT POLICY 1. PREAMBLE ARM associates itself with the growing corporate awareness of the need to invest in sustainable social development. The company approves the annual budget

More information

IT S ONLY A DREAM UNTIL YOU DO SOMETHING ABOUT IT. www.idc.co.za www.nyda.gov.za www.sefa.org.za

IT S ONLY A DREAM UNTIL YOU DO SOMETHING ABOUT IT. www.idc.co.za www.nyda.gov.za www.sefa.org.za IT S ONLY A DREAM UNTIL YOU DO SOMETHING ABOUT IT www.idc.co.za www.nyda.gov.za www.sefa.org.za WE VE MADE IT EASIER FOR YOU TO APPLY THROUGH OUR PARTNERSHIP. THE IDC, NYDA AND sefa HAVE ENTERED INTO A

More information

sefa Corporate Plan 2016/ /21 Presentation to the Portfolio Committee on Small Business Development

sefa Corporate Plan 2016/ /21 Presentation to the Portfolio Committee on Small Business Development sefa Corporate Plan 2016/17 2020/21 Presentation to the Portfolio Committee on Small Business Development 16 th March 2016 PRESENTATION OUTLINE INTRODUCTION ALIGNMENT WITH DSBD STRATEGIC GOALS sefa S CORPORATE

More information

HUMAN SETTLEMENTS Programmes and Subsidies

HUMAN SETTLEMENTS Programmes and Subsidies HUMAN SETTLEMENTS Programmes and Subsidies NORMS & STANDARDS FOR SUSTAINABLE HOUSING DEVELOPMENT The Minister of Housing with effect from 01 April 1999 introduced the National Norms and Standards for

More information

SOUTH AFRICAN INSTITUTIONS PROVIDING FUNDING FOR ENTREPRENEURS

SOUTH AFRICAN INSTITUTIONS PROVIDING FUNDING FOR ENTREPRENEURS SOUTH AFRICAN INSTITUTIONS PROVIDING FUNDING FOR ENTREPRENEURS The following is a short list of institutions that offer funding for entrepreneurs. It is not comprehensive. Government is in the process

More information

The Municipal Infrastructure Grant Programme

The Municipal Infrastructure Grant Programme The Municipal Infrastructure Grant Programme An Introductory Guide Prepared by Department of Provincial and Local Government March 2004 TABLE OF CONTENTS 1. Introduction... 1 1.2 About this document...

More information

Responsible Investment Policy

Responsible Investment Policy Responsible Investment Policy 2014 Responsible Investment (RI) Policy Preamble Responsible Investing (RI) is an investment practice that advocates consideration of environmental, social and governance

More information

CUSTOMER SERVICE CHARTER

CUSTOMER SERVICE CHARTER CUSTOMER SERVICE CHARTER 0 XX-XX-2014 Issued for review MR Revision Date Purpose Prepared by Checked by Approved by CONFIDENTIALITY STATEMENT ALL RIGHTS RESERVED The information contained in this manual

More information

Smarter Business Guide to the European Investment Bank

Smarter Business Guide to the European Investment Bank Smarter Business Guide to the European Investment Bank Ireland s membership of the European Union (EU) has been a key factor in its recent development. Our membership will play a vital role in helping

More information

Director of Asset Management and Repairs

Director of Asset Management and Repairs Job details Job title: Director of Asset Management Responsible to: Executive Director of Property Responsible for: Location: Overview of the role The overall purpose of the Director of Asset Management

More information

A Three Year Investigation into the Triple Bottom Line Performance of Small and Micro Social and Environmental Enterprises in Developing Countries

A Three Year Investigation into the Triple Bottom Line Performance of Small and Micro Social and Environmental Enterprises in Developing Countries A Three Year Investigation into the Triple Bottom Line Performance of Small and Micro Social and Environmental Enterprises in Developing Countries Synopsis Prepared for the SEED Initiative by: Heather

More information

STATUTORY INSTRUMENTS. S.I. No. 393 of 2015 MICROENTERPRISE LOAN FUND SCHEME 2015

STATUTORY INSTRUMENTS. S.I. No. 393 of 2015 MICROENTERPRISE LOAN FUND SCHEME 2015 STATUTORY INSTRUMENTS. S.I. No. 393 of 2015 MICROENTERPRISE LOAN FUND SCHEME 2015 2 [393] S.I. No. 393 of 2015 MICROENTERPRISE LOAN FUND SCHEME 2015 CONTENTS 1. Citation 2. Commencement 3. Objective of

More information

RURAL AND AGRICULTURE FINANCE Prof. Puneetha Palakurthi School of Community Economic Development Sothern New Hampshire University

RURAL AND AGRICULTURE FINANCE Prof. Puneetha Palakurthi School of Community Economic Development Sothern New Hampshire University RURAL AND AGRICULTURE FINANCE Prof. Puneetha Palakurthi School of Community Economic Development Sothern New Hampshire University DRIVERS OF RURAL DEVELOPMENT High overall economic growth Effective land

More information

Mannaka Family s Recommendations on where to source Free Grants, Rebates and Loans: Free Governments Grants and Loans:

Mannaka Family s Recommendations on where to source Free Grants, Rebates and Loans: Free Governments Grants and Loans: Mannaka Family s Recommendations on where to source Free Grants, Rebates and Loans: Free Governments Grants and Loans: Definition: Money that you don t have to repay from government through service providers

More information

CASE STORY ON GENDER DIMENSION OF AID FOR TRADE. Banking on Women Pays Off: Creating Opportunities for Women Entrepreneurs

CASE STORY ON GENDER DIMENSION OF AID FOR TRADE. Banking on Women Pays Off: Creating Opportunities for Women Entrepreneurs CASE STORY ON GENDER DIMENSION OF AID FOR TRADE Banking on Women Pays Off: Creating Opportunities for Women Entrepreneurs Banking on Women Pays Off Creating Opportunities for Women Entrepreneurs International

More information

Policy for serving and lending to Micro, small and medium enterprises of India

Policy for serving and lending to Micro, small and medium enterprises of India Policy for serving and lending to Micro, small and medium enterprises of India 1. Background Worldwide, the micro small and medium enterprises (MSMEs) have been accepted as the engine of economic growth

More information

SECTOR ASSESSMENT (SUMMARY): MICRO, SMALL AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): MICRO, SMALL AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities Small Business and Entrepreneurship Development Project (RRP UZB 42007-014) SECTOR ASSESSMENT (SUMMARY): MICRO, SMALL AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT 1 Sector Road Map 1. Sector Performance, Problems,

More information

Central Banks and the Development Agenda The CBN Experience Sadiq Usman 1 Presentation Outline 2 Slide Introduction Brief on Nigeria The recent Banking Crisis CBN Developmental Activities CBN Interventions

More information

Take the first step. Direct Lending Product Application Form

Take the first step. Direct Lending Product Application Form Take the first step Direct Lending Product Application Form About us The Small Enterprise Finance Agency (sefa) is a development finance institution established in 2012 with a mandate to provide access

More information

Small Business Banking perspective. Syed Mahbubur Rahman Managing Director & CEO

Small Business Banking perspective. Syed Mahbubur Rahman Managing Director & CEO Small Business Banking perspective Syed Mahbubur Rahman Managing Director & CEO BRAC Bank Beginning of the Journey Small and Medium size Enterprises (SMEs) in Bangladesh did not have access to banks and

More information

FINANCE AND BUSINESS DEVELOPMENT SERVICES FOR ENTREPRENEURSHIP DEVELOPMENT: (SME lending in Kenya, from microfinance institution to SME bank )

FINANCE AND BUSINESS DEVELOPMENT SERVICES FOR ENTREPRENEURSHIP DEVELOPMENT: (SME lending in Kenya, from microfinance institution to SME bank ) FINANCE AND BUSINESS DEVELOPMENT SERVICES FOR ENTREPRENEURSHIP DEVELOPMENT: (SME lending in Kenya, from microfinance institution to SME bank ) What is K-Rep Bank Vision - Mission- To be the financial services

More information

Partner with MYC4. Fair and transparent funding for small and medium sized businesses

Partner with MYC4. Fair and transparent funding for small and medium sized businesses Partner with MYC4 Fair and transparent funding for small and medium sized businesses INTRODUCTION... 3 A. Capitalization not a Requirement for Scaling... 5 B. Cheap Funding... 5 C. Good Margins for Profitable

More information

Employment of Marginalized groups

Employment of Marginalized groups Employment of Marginalized groups Employment and self-employment programs OPEN SOCIETY INSTITUTE ECONOMIC AND BUSINESS DEVELOPMENT PROGRAM / SEDF David Meier dmeier@sorosny.org Entrepreneurship Among Roma

More information

Foreword. FinMark Trust: Supplier Chain Credit Report 3

Foreword. FinMark Trust: Supplier Chain Credit Report 3 S U I T E 2 0 6 A / 1, L O U R G A D I A B U I L D I N G, C N R H E N D R I C K V E R W O E R D A N D EMANKMENT ROAD CENTURION P H O N E : 0 1 2 6 6 3 3 2 5 1 FAX: 012 663 7026 E M A I L : t h a b o @

More information

RULES AND REGULATIONS FOR FINANCING PROJECTS AND COMMERCIAL ACTIVITIES

RULES AND REGULATIONS FOR FINANCING PROJECTS AND COMMERCIAL ACTIVITIES Page 1 of 8 Section 1. Purpose These Rules and Regulations are adopted by the Board of Governors pursuant to Article 13.3. of the Agreement Establishing the Black Sea Trade and Development Bank (Establishing

More information

1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates

More information

CABINET 9 APRIL 2013 BUSINESS LOAN FUND REPORT OF THE CHIEF EXECUTIVE

CABINET 9 APRIL 2013 BUSINESS LOAN FUND REPORT OF THE CHIEF EXECUTIVE E CABINET 9 APRIL 2013 BUSINESS LOAN FUND REPORT OF THE CHIEF EXECUTIVE Purpose of the Report PART A 1. To seek approval for the establishment of a Business Loan Fund for small business in Leicestershire.

More information

Better Business Finance

Better Business Finance Better Business Finance Alternative sources of finance There are a wide range of financial products now available to help businesses access the investment needed to grow and thrive. This factsheet explains

More information

NMRC AND THE NIGERIAN MORTGAGE MARKET:

NMRC AND THE NIGERIAN MORTGAGE MARKET: NMRC AND THE NIGERIAN MORTGAGE MARKET: An Intermediate Step to a full Secondary Mortgage Market 2014 CAPITAL MARKET COMMITTEE (CMC) RETREAT & CONFERENCE Sonnie Ayere Interim CEO, NMRC Chairman, Dunn Loren

More information

South African Government s Support to Small, Medium Micro-Enterprise (SMMEs): The Case of King William s Town Area

South African Government s Support to Small, Medium Micro-Enterprise (SMMEs): The Case of King William s Town Area Kamla-Raj 2013 J Economics, 4(1): 19-28 (2013) South African Government s Support to Small, Medium Micro-Enterprise (SMMEs): The Case of King William s Town Area Stephen Mago 1 and Bigboy Toro University

More information

LEVERAGING LOCAL PROCUREMENT TO DRIVE SHARED VALUE A PRESENTATION TO THE AFRICA MINING NETWORK

LEVERAGING LOCAL PROCUREMENT TO DRIVE SHARED VALUE A PRESENTATION TO THE AFRICA MINING NETWORK LEVERAGING LOCAL PROCUREMENT TO DRIVE SHARED VALUE A PRESENTATION TO THE AFRICA MINING NETWORK February 2015 Introduction and Context The Anglo American Diversified Miner strategy and the idea of Shared

More information

CONTEXT. About 19% of all households in the country live in rented accommodation. 44% of people that rent earn between R1500 - R7500 per month

CONTEXT. About 19% of all households in the country live in rented accommodation. 44% of people that rent earn between R1500 - R7500 per month SHRA PRESENTATION CONTEXT About 19% of all households in the country live in rented accommodation 44% of people that rent earn between R1500 - R7500 per month Demand for rental units nationally grows at

More information

Using the Value Chain in Financing Agriculture

Using the Value Chain in Financing Agriculture Using the Value Chain in Financing Agriculture Rural and Agricultural Finance Conference Marrakech, Morocco Calvin Miller FAO Agribusiness and Finance Senior Officer Rome, Italy Presentation Applying Agri

More information

NOVA SCOTIA HOUSING DEVELOPMENT CORPORATION BUSINESS PLAN 2010-2011

NOVA SCOTIA HOUSING DEVELOPMENT CORPORATION BUSINESS PLAN 2010-2011 NOVA SCOTIA HOUSING DEVELOPMENT CORPORATION BUSINESS PLAN 2010-2011 TABLE OF CONTENTS MESSAGE FROM THE NOVA SCOTIA HOUSING DEVELOPMENT CORPORATION...1 1.0 MISSION/ MANDATE...2 2.0 STRATEGIC GOALS...2 3.0

More information

2012 GRANT GUIDELINES

2012 GRANT GUIDELINES 2012 GRANT GUIDELINES The Citi Foundation is committed to the economic empowerment and financial inclusion of low- to moderate-income individuals, families and communities in the areas where we work so

More information

Raise the anchor. FEATURE 4 March 2015. One of the most reliable growth stimuli for SMEs is value chain financing.

Raise the anchor. FEATURE 4 March 2015. One of the most reliable growth stimuli for SMEs is value chain financing. Raise the anchor FEATURE 4 March 2015 One of the most reliable growth stimuli for SMEs is value chain financing. Qamar Saleem, Martin Hommes and Aksinya Sorokina explain how this works and why it is good

More information

REPUBLIC OF KENYA COUNTY GOVERNMENT OF LAIKIPIA MEDIUM TERM DEBT MANAGEMENT STRATEGY 2013/14-2017/18

REPUBLIC OF KENYA COUNTY GOVERNMENT OF LAIKIPIA MEDIUM TERM DEBT MANAGEMENT STRATEGY 2013/14-2017/18 REPUBLIC OF KENYA COUNTY GOVERNMENT OF LAIKIPIA MEDIUM TERM DEBT MANAGEMENT STRATEGY 2013/14-2017/18 COUNTY EXECUTIVE MEMBER, FINANCE, PLANNING AND COUNTY DEVELOPMENT LAIKIPIA COUNTY February 2014 i EXECUTIVE

More information

PERFORMANCE AND PRIORITIES MARCH 2003

PERFORMANCE AND PRIORITIES MARCH 2003 PERFORMANCE AND PRIORITIES MARCH 2003 AGENDA FOR TODAY Background The Mandate Approach and Philosophy Strategy MTEF allocation since 2000 Resource Allocation Partnerships NDA Competency Challenges 2003/04

More information

Helping businesses source finance

Helping businesses source finance SUPPORTING BUSINESS - SOURCING FINANCE Helping businesses source finance Helping businesses source finance These are challenging times for every business. The economic environment has changed and many

More information

Annexure 1: FUNDING ORGANIZATIONS FOR EMERGING FARMERS

Annexure 1: FUNDING ORGANIZATIONS FOR EMERGING FARMERS Annexure 1: FUNDING ORGANIZATIONS FOR EMERGING FARMERS NAME OF INSTITUTION Umsobomvu Youth Fund (UYF) National Agency (NDA) TYPE OF FUNDING ADDRESS CONTACT DETAILS INFORMATION GRANT P.O Box 982 Halfway

More information

MICROCREDIT ENTERPRISES. (A California Not-For-Profit Organization) FINANCIAL STATEMENTS DECEMBER 31, 2007

MICROCREDIT ENTERPRISES. (A California Not-For-Profit Organization) FINANCIAL STATEMENTS DECEMBER 31, 2007 (A California Not-For-Profit Organization) FINANCIAL STATEMENTS DECEMBER 31, 2007 TABLE OF CONTENTS Independent auditors' report Page 2 Statement of financial position - December 31, 2007 Statement of

More information

BUSINESS PLAN TEMPLATE

BUSINESS PLAN TEMPLATE BUSINESS PLAN TEMPLATE Business Name: (Please provide details of owners / members involved) Name of owner(s): Address: Identity Number: Tel: ( ) Cell: 1 1. INTRODUCTION OF YOUR BUSINESS IDEA 1.1. Give

More information

Arab Republic of Egypt: Commercial Microfinance The National Bank for Development

Arab Republic of Egypt: Commercial Microfinance The National Bank for Development Arab Republic of Egypt: Commercial Microfinance The National Bank for Development There is a large unmet demand for microfinance services among the entrepreneurial poor in Egypt. It is estimated that Egypt

More information

Rural and Agricultural Finance. Day 1: Block 1 What and Why of Rural Finance?

Rural and Agricultural Finance. Day 1: Block 1 What and Why of Rural Finance? Rural and Agricultural Finance Day 1: Block 1 What and Why of Rural Finance? Self Introduction 7 Questions 1. Name, institution, and current job title. 2. What activity are you working on now that is related

More information

AGREEMENT AS AMENDED ON 06 DECEMBER 2002

AGREEMENT AS AMENDED ON 06 DECEMBER 2002 INFORMATION & COMMUNICATION TECHNOLOGIES SECTOR SUMMIT AGREEMENT AS AMENDED ON 06 DECEMBER 2002 1. INTRODUCTION 1.1 At the Presidential Jobs Summit in 1998 Nedlac constituencies Government, organised Labour,

More information

REPORT OF THE SUPERVISORY BOARD ON OPERATION IN 2013 AND ORIENTATION FOR 2014

REPORT OF THE SUPERVISORY BOARD ON OPERATION IN 2013 AND ORIENTATION FOR 2014 JSC BANK FOR FOREIGN TRADE OF VIET NAM Address: 198 Tran Quang Khai St, Ha No Business Registration No. 0100112437 (8 th revision dated 1 st August, 2013) SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom

More information

NATIONAL TREASURY STRATEGIC PLAN 2011/14

NATIONAL TREASURY STRATEGIC PLAN 2011/14 NATIONAL TREASURY STRATEGIC PLAN 2011/14 PRESENTATION TO PARLIAMENTARY FINANCE COMMITTEES Presenter: Lungisa Fuzile Director General, National Treasury 31 May 2011 TREASURY AIMS AND OBJECTIVES Chapter

More information

MFI Business Plan for (Name of MFI)

MFI Business Plan for (Name of MFI) Annex b: Business Plan Format MFI Business Plan for (Name of MFI). Organisational Profile. Background Provide a brief history of your organisation (i.e. start of operations, donor/other support, etc.).

More information

5. Industrial and sector strategies

5. Industrial and sector strategies 5. Industrial and sector strategies 5.1 Issues identified by the Accelerated and Shared Growth Initiative for South Africa (AsgiSA) Industrial policy has three core aims, namely: creation and smaller enterprises.

More information

Making financial markets work for the poor: From theory to praxis

Making financial markets work for the poor: From theory to praxis Making financial markets work for the poor: From theory to praxis BDS Seminar 2005 Turin David Ferrand FSD Kenya Making financial markets work in Kenya 1. Conceptual issues 2. Understanding the market

More information

Strategic Planning and Organizational Structure Standard

Strategic Planning and Organizational Structure Standard Table of contents Strategic Planning and Organizational Structure Standard 1. General provisions Grounds for application of the Standard Provisions of the Standard 2. Contents of the Standard 3. Corporate

More information

British Council Zambia Shaping our Future Conference (26 & 27 March 2013) Ways of Growing SME Innovation and Finance

British Council Zambia Shaping our Future Conference (26 & 27 March 2013) Ways of Growing SME Innovation and Finance British Council Zambia Shaping our Future Conference (26 & 27 March 2013) Ways of Growing SME Innovation and Finance Presenter: Mr.Trevor Simumba, MD Sub-Saharan Consulting Group Zambia Limited Sub-Saharan

More information

STATUTORY INSTRUMENTS. S.I. No. 343 of 2012 MICROENTERPRISE LOAN FUND SCHEME 2012

STATUTORY INSTRUMENTS. S.I. No. 343 of 2012 MICROENTERPRISE LOAN FUND SCHEME 2012 STATUTORY INSTRUMENTS. S.I. No. 343 of 2012 MICROENTERPRISE LOAN FUND SCHEME 2012 2 [343] S.I. No. 343 of 2012 MICROENTERPRISE LOAN FUND SCHEME 2012 ARRANGEMENT OF SCHEME 1. Citation. 2. Commencement 3.

More information

THE TRIPLE BOTTOM LINE FOR MICROFINANCE

THE TRIPLE BOTTOM LINE FOR MICROFINANCE THE TRIPLE BOTTOM LINE FOR MICROFINANCE Triodos Facet Geert Jan Schuite and Alberic Pater (gj.schuite@triodosfacet.nl) (a.pater@triodosfacet.nl) INTRODUCTION The past decade, we have witnessed an unprecedented

More information

UBS 9th annual financial services conference. The quest for positive jaws

UBS 9th annual financial services conference. The quest for positive jaws UBS 9th annual financial services conference The quest for positive jaws Metropolitan s vision Creating prosperity for Africa s people Represents its ideal positioning in the eyes of its customers Is an

More information

The Property Sector Charter Council

The Property Sector Charter Council MINISTER OF PUBLIC WORKS REPUBLIC OF SOUTH AFRICA The Property Sector Charter Council Property and Construction Career Week Investment Place, Hyde Park 7-9 October 2014 Input by: Mr TW Nxesi MP, Minister

More information

NORTH ATLANTIC TREATY ORGANIZATION STRATEGIC PLAN

NORTH ATLANTIC TREATY ORGANIZATION STRATEGIC PLAN NORTH ATLANTIC TREATY ORGANIZATION STRATEGIC PLAN 27 March 2015 INTERNATIONAL BOARD OF AUDITORS FOR NATO (IBAN) STRATEGIC PLAN 2015-2019 1 TABLE OF CONTENTS Page No. 1. IBAN AT A GLANCE 3 2. OVERVIEW 3

More information

The Framework for Strategic Plans and Annual Performance Plans is also available on www.treasury.gov.za

The Framework for Strategic Plans and Annual Performance Plans is also available on www.treasury.gov.za Published by the National Treasury Private Bag X115 Pretoria 0001 South Africa Tel: +27 12 315 5948 Fax: +27 12 315 5126 The Framework for Strategic Plans and Annual Performance Plans is also available

More information

VENDOR PERFORMANCE MANAGEMENT POLICY 2015

VENDOR PERFORMANCE MANAGEMENT POLICY 2015 VENDOR PERFORMANCE MANAGEMENT POLICY 2015 1 P a g e Index Preamble Page 2 1.) INTRODUCTION Page 3 2.) DEFINITIONS Page 3 3.) PRELUDE Page 4 4.) MONITORING OF SUPPLIERS Page 4 5.) MONITORING OF SUPPLY CHAIN

More information

Accessing finance for small businesses and LED projects

Accessing finance for small businesses and LED projects Accessing finance for small businesses and LED projects Gijima KwaZulu-Natal Local Economic Development Support Programme TOGETHER, ACCELERATING LOCAL ECONOMIC DEVELOPMENT 2008 Department of Economic Development

More information

Badger BC. Investments Ltd. Business Plan 2014 2017. A wholly owned subsidiary of Broxbourne Borough Council

Badger BC. Investments Ltd. Business Plan 2014 2017. A wholly owned subsidiary of Broxbourne Borough Council Badger BC Investments Ltd Business Plan 2014 2017 A wholly owned subsidiary of Broxbourne Borough Council Contents Summary 3 Governance and management structure 4 Rights, obligations and decision making

More information

CLICK TO OPEN FOOD AUTHENTICITY FIVE STEPS TO HELP PROTECT YOUR BUSINESS FROM FOOD FRAUD

CLICK TO OPEN FOOD AUTHENTICITY FIVE STEPS TO HELP PROTECT YOUR BUSINESS FROM FOOD FRAUD CLICK TO OPEN FOOD AUTHENTICITY FIVE STEPS TO HELP PROTECT YOUR BUSINESS FROM FOOD FRAUD Click on tabs below FOOD AUTHENTICITY FIVE STEPS TO HELP PROTECT YOUR BUSINESS FROM FOOD FRAUD Food and drink manufacturers

More information

KixiCasa. Housing MicroFinance. Development Workshop. Housing Finance Workshop for. Wits Business School Johannesburg 3-83

KixiCasa. Housing MicroFinance. Development Workshop. Housing Finance Workshop for. Wits Business School Johannesburg 3-83 Development Workshop KixiCasa Housing MicroFinance Rebuilding Angolan communities after conflict presented by Allan Cain at the Housing Finance Workshop for Sub-Saharan Saharan Africa Wits Business School

More information

Ministerie van Toerisme, Economische Zaken, Verkeer en Telecommunicatie Ministry of Tourism, Economic Affairs, Transport and Telecommunication

Ministerie van Toerisme, Economische Zaken, Verkeer en Telecommunicatie Ministry of Tourism, Economic Affairs, Transport and Telecommunication SME Policy Framework for St. Maarten May, 2014 Department of Economic Affairs, Transportation & P. 1 of 16 TABLE OF CONTENTS 1. Introduction 2. SME Developments in St. Maarten 2.1 Definition 2.2 Government

More information

Catalyst for Growth in South Africa

Catalyst for Growth in South Africa The Small and Medium Enterprise (SME) Sector Catalyst for Growth in South Africa J.P. Morgan (JPM), through the JPMorgan Chase Foundation, is launching a new initiative focused on small and medium-sized

More information

Economic Development Department. Strategic Plan 2011/12 2015/16

Economic Development Department. Strategic Plan 2011/12 2015/16 Economic Development Department Strategic Plan 2011/12 2015/16 March 2011 1 FOREWORD BY THE MINISTER On 8 January 2011 President Jacob Zuma said that Political emancipation without economic transformation

More information

Contractor Tips & Advice: Financial Management

Contractor Tips & Advice: Financial Management Contractor Tips & Advice: Financial Management The Construction Industry Development Board National Contractor Development Programme Contractor Tips & Advice: Financial Management Analysis of trends in

More information

Our specialist insurance services for Professionals risks

Our specialist insurance services for Professionals risks Our specialist insurance services for Professionals risks Price Forbes & Partners is an independent Lloyd s broker based in the heart of London s insurance sector. We trade with all of the major international

More information

University meets Microfinance. Do our clients grow? - Microfinance vs. SME Finance

University meets Microfinance. Do our clients grow? - Microfinance vs. SME Finance University meets Microfinance Do our clients grow? - Microfinance vs. SME Finance July 2012 Definition(s) of MSME Definitions vary greatly between countries, financial regulators and financial institutions.

More information

ACCESS TO FINANCE RWANDA (AFR)

ACCESS TO FINANCE RWANDA (AFR) ACCESS TO FINANCE RWANDA (AFR) RECRUITMENT OF A TECHNICAL DIRECTOR - (Re- Advertised) 1. BACKGROUND Over the past ten years the UK s Department for International Development (DFID) has worked with other

More information

ESM Management Comments on Board of Auditors Annual Report to the Board of Governors for the period ended 31 December 2014

ESM Management Comments on Board of Auditors Annual Report to the Board of Governors for the period ended 31 December 2014 ESM Management Comments on Board of Auditors Annual Report to the Board of Governors for the period ended 31 December 2014 Dear Chairperson, I would like to thank you for the opportunity to provide management

More information

22 November 2012, Madrid

22 November 2012, Madrid 22 November 2012, Madrid 1. Introduction on EIF Introduction on EIF 2 / 21 Introduction on EIF EIF at a Glance 1. Introduction on EIF EU specialised institution for SMEs, risk financing Venture Capital

More information

STUDENT LOAN CORPORATION OF NEWFOUNDLAND AND LABRADOR

STUDENT LOAN CORPORATION OF NEWFOUNDLAND AND LABRADOR STUDENT LOAN CORPORATION OF NEWFOUNDLAND AND LABRADOR BUSINESS PLAN APRIL 1, 2014 - MARCH 31, 2017 TABLE OF CONTENTS MESSAGE FROM THE CHAIR... 1 PLAN AT A GLANCE... 2 OVERVIEW... 3 MANDATE... 4 LINES OF

More information

SMEs Access to Financing

SMEs Access to Financing SMEs Access to Financing A well-developed financial infrastructure that is able to meet the diverse financing needs of SMEs is essential to support the competitiveness and continuous growth of SMEs. The

More information

Client Value Proposition

Client Value Proposition Client Value Proposition Comprehensive Professional Financial Planning www.sigmabluestar.com Sigma BlueStar Financial Advisory Service Authorised by Sanlam Life, a Licensed Financial Services Provider

More information

VITHYEA KHIEV Rural Development Bank of Cambodia Daun Penh District, Phnom Penh, Cambodia

VITHYEA KHIEV Rural Development Bank of Cambodia Daun Penh District, Phnom Penh, Cambodia Experiences of Cambodia s Rural Development Bank Program on Agricultural Value Chain Finance VITHYEA KHIEV Rural Development Bank of Cambodia Daun Penh District, Phnom Penh, Cambodia Regional Training

More information

Village banks: the new generation. How IFAD helped FINCA set its village banking programmes on the road to commercialization

Village banks: the new generation. How IFAD helped FINCA set its village banking programmes on the road to commercialization Village banks: the new generation How IFAD helped FINCA set its village banking programmes on the road to commercialization What is FINCA? FINCA International, Inc. provides financial services to the world

More information

Catalysing the Participation of Women-Owned Businesses in Intra- EAC Trade through Evidence-based Policies and Programmes

Catalysing the Participation of Women-Owned Businesses in Intra- EAC Trade through Evidence-based Policies and Programmes Catalysing the Participation of Women-Owned Businesses in Intra- EAC Trade through Evidence-based Policies and Programmes INSPIRE. EMPOWER. DEVELOP a. Introduction Equal access to economic opportunities

More information

SPEECH BY MINISTER OF WATER AND ENVIRONMENTAL AFFAIRS, MS EDNA MOLEWA, AT THE DBSA KNOWLEDGE WEEK SESSION, MIDRAND

SPEECH BY MINISTER OF WATER AND ENVIRONMENTAL AFFAIRS, MS EDNA MOLEWA, AT THE DBSA KNOWLEDGE WEEK SESSION, MIDRAND SPEECH BY MINISTER OF WATER AND ENVIRONMENTAL AFFAIRS, MS EDNA MOLEWA, AT THE DBSA KNOWLEDGE WEEK SESSION, MIDRAND 14 October 2011 Programme Director Chairperson of the DBSA Board Distinguished guests

More information

Definition of an enhanced Bank strategy in the microfinance sector

Definition of an enhanced Bank strategy in the microfinance sector Definition of an enhanced Bank strategy in the microfinance sector The present policy document outlines an enhanced strategy for the Bank in the microfinance sector, alongside the European Commission and

More information

Training Experience. Project Title Client Description Project Management Training To Officials Of The South West Regional Corporation

Training Experience. Project Title Client Description Project Management Training To Officials Of The South West Regional Corporation Training Experience Training To Officials Of The South West Regional Corporation Corporate Onesubcontract from this organization Training in Tendering for Government Contracts Life skills facilitator 2011-2018

More information

AFRICAN POLICY APPROACHES: MICROINSURANCE IN KENYA

AFRICAN POLICY APPROACHES: MICROINSURANCE IN KENYA AFRICAN POLICY APPROACHES: MICROINSURANCE IN KENYA AIO A2ii REGULATORS WORKSHOP, VICTORIA FALLS, ZIMBABWE Presented by: Sammy M. Makove, C.E.O & Commissioner of Insurance, Insurance Regulatory Authority

More information

Effective Debt Management. Improving Debt Management Practices Worldwide

Effective Debt Management. Improving Debt Management Practices Worldwide Effective Debt Management Improving Debt Management Practices Worldwide Effective debt management is essential for economic development. As countries develop they confront increasing challenges in managing

More information

Big Local social investment guide to small business lending

Big Local social investment guide to small business lending Big Local social investment guide to small business lending Welcome to the Big Local social investment guide to small business lending! This is one of four publications that provide more specific details

More information

KIVA USER FUNDS LLC FINANCIAL STATEMENT AS OF DECEMBER 31, 2014

KIVA USER FUNDS LLC FINANCIAL STATEMENT AS OF DECEMBER 31, 2014 FINANCIAL STATEMENT AS OF DECEMBER 31, 2014 INDEPENDENT AUDITOR'S REPORT To the Board of Directors of KIVA User Funds LLC San Francisco, California We have audited the accompanying balance sheet of KIVA

More information

Deutsche Asset & Wealth Management. Environmental & Social Capital

Deutsche Asset & Wealth Management. Environmental & Social Capital Environmental & Social Capital Agenda 1 Introduction to Environmental & Social Capital 2 Investment Manager Mandates: Fund overview 2.1 Africa Agriculture and Trade Investment Fund 2.2 European Energy

More information

Financial Linkage and Monitoring System for Rural Entrepreneurship Development Programme (REDP) Valerie Fitton-Kane.

Financial Linkage and Monitoring System for Rural Entrepreneurship Development Programme (REDP) Valerie Fitton-Kane. TISES Project Report Financial Linkage and Monitoring System for Rural Entrepreneurship Development Programme (REDP) Valerie Fitton-Kane University of Cambridge 28 August 2008 Project Objectives Primary

More information

Performance Measurement

Performance Measurement Brief 21 August 2011 Public Procurement Performance Measurement C O N T E N T S What is the rationale for measuring performance in public procurement? What are the benefits of effective performance management?

More information

CP 10 IFSRA CONSUMER PROTECTION CODE. SUBMISSION of FREE LEGAL ADVICE CENTRES LTD MAY 2005. 1. Introduction

CP 10 IFSRA CONSUMER PROTECTION CODE. SUBMISSION of FREE LEGAL ADVICE CENTRES LTD MAY 2005. 1. Introduction CP 10 IFSRA CONSUMER PROTECTION CODE SUBMISSION of FREE LEGAL ADVICE CENTRES LTD MAY 2005 1. Introduction One of the core priorities of FLAC s current strategic plan is to strengthen consumer protection

More information

REMARKS BY THE MINISTER OF SMALL BUSINESS DEVELOPMENT AT THE GALA DINNER HOSTED BY SBDI AS PART OF THE NATIONAL SMME POLICY COLLOQUIUM

REMARKS BY THE MINISTER OF SMALL BUSINESS DEVELOPMENT AT THE GALA DINNER HOSTED BY SBDI AS PART OF THE NATIONAL SMME POLICY COLLOQUIUM REMARKS BY THE MINISTER OF SMALL BUSINESS DEVELOPMENT AT THE GALA DINNER HOSTED BY SBDI AS PART OF THE NATIONAL SMME POLICY COLLOQUIUM 21 October 2014 I am delighted to be speaking to you once again after

More information

Reputation, Brand & Communications

Reputation, Brand & Communications Group Standard Reputation, Brand & Communications Serco is committed to building a positive reputation with its stakeholders, wherever we operate SMS-GS-BC4 Reputation, Brand and Communication December

More information