As Women’s Month draws to a close, Meryl Mamathuba of the IDC doesn’t have the luxury of reflecting on the events of the past four weeks.
The study of economic activity and growth has become something of a science. It is therefore helpful to look at two recent reports that shed some light on the picture for female entrepreneurs in South Africa.
The IDC’s Women Entrepreneurial Fund’s (WEF’s) every fibre is focused on helping women to find their feet in the world of commerce as busines owners.
A recurring theme for companies recounting their experiences of the IDC Women’s Entrepreneurial Fund is the fund’s thorough handling of applications.
After starting their fibreoptic installation operation in 2007, the Mkonza sisters applied to the IDC and qualified for an R11-million injection that set their business on the path towards winning major contracts and creating jobs.
A list of women business networking groups.
The Women Entrepreneurial Fund is part of the R1-billion Transformation and Entrepreneurship Scheme announced by the IDC in 2008.
Cape Town’s Mustard & Moonshine, a specialised ceramics manufacturer, is thriving, having spotted a clear place in the market for itself, despite the challenges.
Xoliswa Bebula is a modern-day David taking on the proverbial Goliath as a microlender who focuses on development projects.
Katinka Bezuidenhout of Natural Science Labs, a contract manufacturer of personal care, skincare, fragrance and colour cosmetics, has benefited from support given to encourage more women business owners in traditionally male-dominated industries.