JUNE - JULY 2019 | ISSUE #4
w w w. b b u l le t i n . c o . z a
IDEAS EXPO
SKINNY SBU KHUMBUDZO NTSHAVHENI
NEWLY APPOINTED MINISTER OF SMALL BUSINESSES
TEN ESSENTIALS
THAT ATTRACT
INVESTORS
DIVA SOURCE
CHIEF JUSTICE MOGOENG MOGOENG SWEARING IN THE NEW CABINET MINISTER OF SMALL BUSINESS DEVELOPMENT, KHUMBUDZO NTSHAVHENI
The President Cyril Ramaphosa
has finally appointed his new
PLASTIC MAN cabinet and announced it on
the 29 May 2019. The new cab-
inet for the sixth administration
includes the new a Minister of
Small Business Development
Khumbudzo Ntshavheni.
Khumbudzo hails from Sibasa in
Limpopo, South Africa not new in
the political, leadership and entre-
preneurial space she is the former
Managing Director at Phore Farms,
was non-executive Director at Denel
SOC she is a Trustee at Bokamoso
Ba Rona Investment Trust, work as
Chief Operations Officer at State
Information Technology Agency
(SITA), she led Ba - Phalaborwa as
a Municipality Municipal Manager,
MMINO-WA
Chief information officer at Dept of
Local Government and Housing a
Former Spokesperson for the Pre-
CLAP-N-TAP
mier and a former lecturer at UNI-
SA.
The new minister is not just talk
but she can back it up as a learned
woman with a d Degree, Master of
Business Administration, business
management
The Department of Small Business
Development has in a statement is-
sued last week welcomed Minister
Khumbudzo Ntshavheni and Deputy
Minister Rosemary Capa. The De-
partment of Small Business Devel-
opment was established five years
ago and was led by the outgoing
Lindiwe Zulu.
The ministry said the new Minister
together with the Deputy Minister
will be leading a critical ministry in
the economic cluster tasked with
the responsibility to empower and
develop Small to Medium enterpris-
es as well as Cooperatives.
THE DEPARTMENT HAS FOUR SER-
VICES:
1. The Black Business Supplier De-
velopment Programme (BBSDP)
is a cost-sharing grant offered to
black-owned small enterprises to
assist them to improve their com-
petitiveness and sustainability to
become part of the mainstream
economy and create employment
2. The Co-operative Incentive
Scheme (CIS) is a 100% grant for
registered primary co-operatives (a
primary co-operative consists of five
or more members). The objective of
the CIS is to improve the viability and
competitiveness of co-operative en-
terprises by lowering their cost of
doing business through an incentive
that supports Broad-Based Black
Economic Empowerment.
3. The Shared Economic Infrastruc-
ture Facility intends to leverage
public sector investment that would
provide necessary infrastructure by
creating an enabling environment
for businesses to crowd in invest-
ment,
mostly in townships, rural areas and
the inner city where there is clear
business activity taking place.
4. The National Informal Business
Upliftment Strategy (NIBUS) seeks
to uplift informal businesses and
render support to local chambers/
business associations and Municipal
Local Economic Development offic-
es to deliver and facilitate access to
upliftment programmes. The focus
will mainly be on designated groups,
i.e. women, youth and people with
disabilities, in townships and rural
areas of South Africa. The strategy
advances Government priorities of
speeding up growth and transform-
ing the economy to create decent
work and sustainable livelihoods
through inclusive growth.
The portfolio of Small Business De-
velopment is supported by two
agencies The Small Enterprise Fi-
nance Agency and the Small Enter-
prise Development Agency (Seda)

EDITORS NOTES
Isaac Mavuso Publishing Editor
Youth month is upon us and
the celebrations and com-
memorations will the order
of the day. There is going to
be lot of talk on youth em-
powerment and the devel-
opment of youth. There will
a rhetoric in some instances
to combat unemployment
and to ignite en
trepreneurship, the woman
empowerment and so forth.
FACT: There is more than ten million
unemployed youth in the country
and the drop of the Gross Domes-
tic Product (GDP) performance by
3.2%. This means some industries
are not performing well due to lack
or low consumer spending, people
are careful
TO ADVERTISE WITH US
www.bbulletin.co.za | info@bbulletin.co.za | 081 571 1658
BizBulletin is compiled by the BizBulleting Team, Edited and Published
by Isaac Mavuso. Layout and design by Jemito Khoza. plastic man book
review by Dolly Phogole
PAGE 2 - 12
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VIVA DEMOCRACY
“ t h e p e o p l e h a v e s p o k e n ”
A big SALUTE to the IEC for deliver- to the sons and daughters, South the African National Congress (ANC)
ing yet another successful, credible Africans here at home and abroad for the overall victory on the 2019
election, what a responsibility and who brought this democracy to life National and Provincial Elections,
you carried it with great pride and by exercising your democratic right the people have spoken. We also
elegance. To the media well done by voting sending leaders of your celebrate the all the political parties
in spending mainly due to the high for bring South Africans and the choice to the legislatures and to that have been mandated by the
cost of living we also are aware on world informative election coverage parliament. The people have spo- masses to represent them in their
the recent hikes on electricity, rates
and taxes, food, VAT and even the
without fear and favour. ken, SALUTE different constituencies to hold of-
Biz Bulletin Newspaper would like to fice provincially and nationally.
recent petrol hike. As well as the A bigger honour and respect go congratulate
threat that if things don’t change
we are headed for a RECESSION and
this has implication. Another great
recipe for further job loses and a
dive to more poverty.
I am inviting young people in all cor-
ners to simply make a commit on a
vision to growth and personal de-
velopment, helping each other and
to be better than where you are to-
day this time next year. Yes, we are
having challenges, I invite you to dig
deep and to harness your will and to
rise above the circumstances. This
time next year what story do you
want to tell?
informed entrepreneur
i n f o @ b b u l l e t i n . c o . z a w w w. b b u l e t t i n . c o . z a

TEN ESSENTIALS THAT

ATTRACT INVESTORS
taken from the book: building a successful kasi business by Isaac Mavuso
Entrepreneurships is an interesting
space to be in and by far it is not
a one size fits all kind of environ-
ment. However, it is place that de-
mands full awareness. Whomever
is acquainted with these principles
coupled with perseverance will sure
succeed.
While many entrepreneurs struggle
and are frustrated with the lack of
funding on the other hand research
shows the that there are many insti-
tutions and investors ranging from
government, non-profit organisa-
tion, private sector all the way to
individuals and venture capitalist
with abundance of recourses and
capital but say, they simply don’t
find proposals that interest them
investors.
The following highlights what is
missing from proposals, essentials
every entrepreneur must under-
stand and be clear and that you
must be able to articulate with con-
viction and skill.
1. VISION: A substance of
things hoped for and unseen. This
is what to you want to achieve? It is
important to be very clear what it is
and what it looks like as the end-re-
sult.
2. PASSION / DESIRE: Inves-
tors are very observant and good
at looking and seeing authentic
passion from faked one. It is then
important to show without reser-
vation your passion for your dream
and the desire to win. Are you fired
UP?
3. CURIOSITY: Investors want
to know and see your eagerness to
know and to learn something new.
Are you able to take criticism, are
you open and willing to grow?
4. PRODUCT/SERVICE: Do
you have a good product or Service?
Is it relevant to the market you want
to introduce it to? Does it solve a
problem or a pain?
5. PLANNING: Investors want
to see a practical plan with a series
of bite size actions to be followed.
They want to know what the plan
is?. And what will happen if the plan
falls apart?
6. PRO-ACTIVENESS: The
is also one other important thing
that investors would want you to
demonstrate as an entrepreneur,
it is your perspective to the world
and how you respond to challeng-
ing situations. Do you think before
you act, or you act and think later?
Can you think on your feet without
losing site of the vision?
7. MARKET SHARE: Custom-
ers are key to your business; they
determine if you are going to make
it or not. This part must be clear,
what is the market like who and
what the customer looks like? What
is the percentage in sales volumes
you can have from the market?
What is your potential share you
will exploit, be specific?
8. RETURN ON INVERSMENT:
Every business is about profit. Inves-
tors want to know, if their resources
are invested in your business they
will yield returns. So, does this op-
portunity show signs of profitability
or not.
9. EXPERIENCE: It is very im-
portant for investors to know your
personal capacity to realize this
goal. what skills and experience you
must pursue your goal and your
knowledge of the industry
10. MORAL STANDRADS: Are
you a men or woman of substance?
What do you value, is it people or
not? Are you a man or woman driv-
en by honesty fairness and integri-
ty?. www.isaacmavuso.co.za

BUILDING MY EMPOWERING OASIS,

An amazing self-help book, if you The Habits
want to sharpen your skill on being

LIBRARY CHALLENGE
effective and efficient individual or 1. Be Proactive
as a leader. 2. Begin with the End in Mind
3. Put First Things First
The author is setting a premise that 4. Think Win-Win
we want success the argument that 5. Seek First to Understand,

THE 7 HABITS
we are people with fixed principles Then to Be Understood
that will help us be successful or 6. Synergize
prevent us for achieving. We see 7. Sharpen the Saw

OF HIGHLY
the world based on a perspective
that gives us the view.
Overall the book looks a successful
The lesson to take from the book is people think and approach life in a
that if you are not achieving things certain way that enables you to be-
you must change the yourself come effective. The book is a must

EFFECTIVE PEOPLE
and to change ourselves we must read it is practical and engaging. You
change the way we view the world don’t have to read it from cover to
and ourselves our perspective. cover you can choose a habit and
focus on it.
by Stephen R. Covey

informed entrepreneur PAGE 3 - 12


DIVA SAUCE–IBABA KAMNADI!
A township brand with flavours’ fit for your taste buds.
Starting a business is not a one size
fit’s all kind of inspiration, it is a
dynamic and can be abstract pro-
cess. Just like that there are many
reasons why people start their busi-
ness; some of the reasons include
things like poverty, independence,
the joy of being and entrepreneur
and more.
The good thing about these inspired
moves to start a business whether
by accident, plan or struggles it is
a welcomed move by government
since it deals with the unemploy-
ment in a way. In a country embat-
tled with 27% of unemployment any
move to start a business is win.
This is the case with Tebogo Melith-
afa co-founder of the Diva Diba En-
terprises the manufactures of Diva
Sauces as a principal product for the
enterprise. Diva Sauces “Ibaba Kam-
nand” is a township brand that was
inspired by the love of chillie taste
by Tebogo’s husband, losing a job
and the love of cooking and explor-
ing with ingredients and WHAALA,
Diva Sauce was born: as they say the
rest is history.
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When asked about the vision of the
business Tebogo said “they would
like to be the world class manufac-
ture and suppliers of choice of Diva
Sauces in the world.” “If you are a
fan of nice taste and you want to
explore a taste a township brand
sauces fit for your taste buds Divali-
cious Diva Sauces are a must.” Said
Mr Melithafa.
Today Diva Sauce produces five
different flavours and are ranging
from mild to extra hot, namely the
1. LaDiva Epholile – Mild, 2. LaDiva
Peri Peri – 3. Hot Habanero Habash-
we, 4. Extra Hot BBQ - Nama Mona-
te, 5. Pele Pele - Sweet chillie sauce.
info@divasauces.co.za www.diva-
sauces.co.za
R481.6 MILLION
for small businesses
Tito Mboweni Finance Minister gave SEDA over 481 million rand for SMEs
Finance Minister, Tito Mboweni, delivered his first Budget Speech in Parliament – Cape Town on the
20th February 2019. The minister announced that government has allocated R481.6 million to the
Small Enterprise Development Agency. The fund is allocated to empower and expand small business
incubation programme in South Africa.
The Small Business Development Agency has been mandated to empower small business and to
come up with a clear frame work on how the fund will be used and managed to ensure it impacts the
length and breath of South African entrepreneurs who are deserving of the opportunity hopefully a
plan to put a dent in the unemployment challenge we are in as a country.
informed entrepreneur
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ELECTIONS HAVE PASSED
READY OR NOT, HERE WE ARE. The 2019 National and
provincial election have
come and gone, and the
results are out. Ready or
not, here we are. Irre-
spective of how you feel
we must move on and
move forward.
Government has in numerous oc-
casions expressed the importance
of helping and developing SME’s
and a somewhat focus on the town-
ship enterprises and the township
economy. The National Develop-
ment Plan (NDP) carries a 2030 vi-
sion which aims to combat and to
reduce and to eliminate as well as
inequality in South Africa in 2030.
The NDP identifies the challenges
and limitations on growing and im-
proving socio-economic issues and
the plan serves as a guide to create
a more inclusive economy that will
address the country’s socio-eco-
nomic inequalities namely the triple
challenge.
Now that the elections have passed
it is to work and begin the building
process for the development and
growth of our communities, the
only way were going to combat the
triple challenge in south Africa
informed entrepreneur
it is through Entrepreneurship. Rad-
ical Economic Transformation has
been a reality but for a few, and the
most part in it was fuelled by incom-
parable corruption, that has left our
state-owned enterprises hanging
paralysed and on life support.
Talking points in our communi-
ties today are about the longing
of a well-run state. We have seen
from the political focused groups
that people say they want an en-
vironment that will support their
aspiration and to have meaningful
contribution. People want to work;
people want to start business and to
earn a decent living in a fair and a
moral competitive environment.
What now? This is the respon-
sibility of everyone in the coun-
try young and old, we must be
harnessing our will sharpen our
minds to pursue our African
Dream of being financially inde-
pendent to leave a life where we
can all afford and to gain access
basics such as good education,
food, electricity and more, as
well as contribute meaningfully
to the countries economic de-
velopment. Entrepreneurship
is the only way we can achieve
such.
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TO ADVERTISE WITH US www.bbulletin.co.za | info@bbulletin.co.za | 081 571 1658

BizBulletin is compiled by the BizBulleting Team, Edited and Published by Isaac Mavuso. Layout and design by Jemito Khoza.

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informed entrepreneur PAGE 7 - 12

 i n f o @ b b u l l e t i n . c o . z a w w w. b b u l e t t i n . c o . z a

PLASTIC MAN BOOK REVIEW We are like looking for a smart,

clean and someone who know what
But through changes that she had
to make found the beauty of LIFE

B Y D O L LY P H O G O L E
he wants forgetting that we don’t
really know what we want or who
we are.
I so wish that all those experienc-
ing some form of abused who are
neglecting themselves but good at
looking after and taking good care
of their partners can read this book.
It will awaken you and reads like a
chick flick “lady”.
The Plastic Man, this is an in- Nomasonto explores a social ste-
teresting book it is not an easy reotype that assume you can nev-
book to read especially the er have it all, be beautiful and be
cleaver at the sometime. The Belief
introduction it demands time
beautiful people are uneducated or
patience and real focus or as ugly people are not educated.
reader you can be thrown off,
a bit confused and discouraged
to reading further. This is a lie we believe as woman. in one’s life preventing one to see in the world, it must start you. Her
Going through the book reading it page by page it began to engage me I start- These are things that attack our
confidence and our self-esteem, the author explores limiting beliefs want to see because everything in
ed enjoying it. Reading the book, some parts hit home, and it felt like was like I
parent this speak to the words and and how they impact her and others your life starts and ends with you”
was looking at myself in a mirror. Especially when the author was talking about
you worrying about the next person when we choose a life partner.
that she almost completely forgot
about.
Nomasonto Portia Zwane is a
Self-consciousness teacher, a speak-
er and a relationship coach, who
empowers people to better their re-
lations with themselves and others.
She helps individuals and groups
identify invisible blind spots they
carry within themselves that pre-
vent them from experiencing the
love they long for.
statements your children hear the
most from you are you building The Self-Published author is success-
self-esteem of destroying it is sub- ful businesswoman, a family builder
tle.
married to a “lovely husband” her
words, blessed with three hand-
“The book is about the imaginary some boys. She is a firm believer
person that serves as a distraction that for impactful change to happen
the beauty of life.” Said In the book motto in life is: “be the change you
around her.

IDEAS EXPO SKINNY SBU

A vision to impact 5000 township entrepreneurs

ENTREPRENEUR SIBUSISO NGWENYA WELL KNOWN AS SKINNY SBU AND FOUNDER OF SKINNY SOCKS.
Entrepreneur Skinny Sbu founder of Skinny Socks will host an “Ideas Expo
the biggest of its kind ekasi on Friday, 28 & Saturday 29 June 2019 in
Tsakane, Esihlahleni, between 09h00 – 17h00. This is largest platform in
the East in Ekurhuleni that brings together experienced businesses in div-
ers industries pioneers and thought leaders in their own right to engage
with the township entrepreneurs.
The Expo will bring a master classes delivered by SA’s best and hustlers who understand the
challenges of a township entrepreneur. The classes are aimed at empowering the delegates
on how to move from the idea phase to running a successful business. They will deliver a
ten-part series with ten influential South Africans entrepreneurs we know, love and respect.
The speaker will be tackling “Things I Wish I Knew At 20.” Tickets are available at www.
quicket.co.za

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UNEMPLOYMENT
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e c o n o m i c o p p r e s s i o n
Unemployment in the country is put experience aside, but a new
spiralling out of control every day, challenge arise, the economy of the
fifteen years ago the number of country is not growing, it is shrink-
unemployed people was due to ing and this contraction continues
the lack of education for the ma- to squeeze people out of JOBS and
jority, and now the number of un- economic participation.
employed graduates is on the rise,
still no JOBS. Lack of unemployment All of this, the increasing number of
means no income and that means unemployment, the shrinking econ-
can’t afford that means limited omy as well as the international im-
choices and no participation in the pact such as fuel hikes and annual
country’s economy and growth. increase make life and living a more
expensive. Remember with busi-
This is a clear case of economic op- ness any increments that comes to
pression. The growing numbers of them will always be passed down to
unemployment does not mean pric- the consumer.
es are reduced for the unemployed
even for essentials such a fuel, food, The real solution to the challenge
electricity, transport and technolo- is empowering and enabling town-
gy. It will be harder and harder to ship entrepreneurs to really take a
live under these conditions. lead and build a sustainable income
stream from staring and building
Education was an issue and a chal- businesses and to encourage those
lenge seemingly a course for unem- who somewhat fail to fail fast and to
ployment, this was the reason and fail forward. If we want to succeed
the term used was people were un- in improving our socio-economic
employable, now I believe they are and to deal with poverty and unem-
employable, ployment. FLASH MOB UNEMPLOYED GRADUATES WANT TO BE EMPLOYED

EDWARD MOTHIBI WINS THE 2019 ,

94TH COMRADES MARATHON.

EDWARD MOTHIBI WINNER OF THE 94TH COMRADES MARATHON

Edward Mothibi bags is first win taking the lead on the 94 comrades marathon. It is a race that test
one’s strength, patience will and durability. This is second run-up for Edward, in 2018 he finished
fourth. This will he humbles three-time champion Bongmusa Mthembu who finished second in this
race.
The Minister of Sport Nathi Mthethwa did not waste time to congratulate the winners Edward Mothibi
as well as Gerda Steyn, she won the winners in the woman category, the minister congratulated both
for winning the 2019 Comrades Marathon in a issued by government. Social media was a buzz with
congratulations for both the winners.

While runners and athletes are not realy seen entrepreneurs they are enterprises, we see a runner, but
we don’t see the rest of the team and sponsors behind them. After his win Mothibi said I’m very happy
about the win, I never thought I was going to win I just gave it my all”. The winner also shared “I am
excited. All I have to say is, thank you to the people who have supported me through thick and thin.”
CONGRADULATION, BizBulletin SALUTE You.

informed entrepreneur PAGE 9 - 12


MMINO-WA-CLAP-N-TAP
A R T S
The South African Mmino-
Wa-Clap N Tap Music Arts
Council had its inaugural An-
nual General Meeting (AGM)
on the 18 of May 2019 at the
Alberton Civic Centre in the
old Council Chambers with
the award-winning Mr Mo-
jalega Thebe as the guest
speaker. The Council was es-
tablished in 2018 founded by
Moses Gama, Tebogo Mashe-
go and Mr Steven….
The AGM aimed to report the vi-
sion and the work done so far as
well as carving the way forwards by
electing the new executive for the
Gauteng chapter which will serve
as a benchmark for the rest of the
province. The committee will also
be tasked to establish the national
structure for the Clap N Tappers.
“This organisation is a culmination
of many conversations and plans
to register such a council to and to
formalise Mmino-Wa-Clap and Tap
by forming a structure that will be
recognised by the music industry
and to building the Clap and Tap to
become a platform for showing tal
ent and to empower members to
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C O U N C I L A G M
explore and create economic spins
for their groups and members.”
“In his talk Mr Mojalefa Thebe said
that the clap n tap music has influ-
ence a lot of people including him
but has realised that the music and
the people making the music have
not evolved and that is the chal-
lenge, if you want to be recognised
you must be creative and partner
with other in the industry” said Mr.
Thebe.
There was another guest who was
focusing on branding, Mr Jemi-
to Khoza a Brand Consultant and
Graphic Designer said the groups
must find way to be relevant even
in their marketing and in promoting
their events. He also added think-
ing people don’t have money is not
true and made an example that the
very community that you think can’t
afford is the same that can afford a
Casper Nyovest ticket, people are
attracted by the brand and its con- leaders National Clap N Tap Arts no time and share with the mem- members and the council with eco-
Council Gauteng Executive Com- bers “the mandate is clear to unite nomic activities. This is lead, by Mr
sistency.
mittee: The following are the Newly and create a Clap N Tap industry Thabo Banda as the president and
appointed: Chairperson Mr Patrick where we can express our talents supporting team includes Mr Moja-
After a long informative day, the
Monareng, Deputy Chairperson Mr and live from and live well” said Mr lefa Thebe, Ms Lerato Thubela, Mr
members elected the first Gauteng
Tebogo Chauke, Secretary Ms Sarah Patric Monareng. Mokaptene Funani, Mr Tshogefatso
Executive to lead the organisation.
Modiba , Deputy Secretary Mr Deco Molefe , Mr Jemito Khoza and, Mr
Co-founder Mr. Gama “Congratu-
Kgoedi Treasure Mr Karabo Masile- The council also initiated the Busi- Lesiba Mothoa, Mr Mathews Tshid-
lations are in order and our warm
la. The newly appointed chairper- ness Chamber to help and focus on zumba. Let the music and economic
welcome goes to the newly elected
son wasted empowering freedom live on.
BLACK EX CELLENC E
CONGRATULATIONS
SHIRLEY
MACHABA
PricewaterhouseCoopers (PwC)
Southern Africa recently announced
the first black CEO appointment,
Shirley Machaba to oversee South-
ern Africa business, she is taking
over from Dion Shango who has
been elected as a new Africa CEO
PricewaterhouseCoopers is a multi-
national professional services net-
work with headquarters in London,
United Kingdom. PwC ranks as the
second largest professional services
firm in the world and is one of the
Big Four auditors, along with De-
loitte, EY and KPMG. – online
WE CELEBRATE THE RISE AND THE
STRENGTH OF IMBOKODO, BLACK
EXCELLENCE.
informed entrepreneur
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