Transnet gives small businesses a leg up in KZN

Engineering News writes that state-owned freight utility Transnet, in attendance of Public Enterprises Minister Pravin Gordhan, on Friday launched an enterprise development megahub for small businesses and entrepreneurs in Empangeni, in KwaZulu-Natal. The hub will assist small businesses, aspirant entrepreneurs and startups to be incubated into a real business environment. The initiative forms part of Transnet’s enterprise development programme and will help small businesses in need of company registration; business skills development; temporary office space and mentorship; tax registration and administration; project implementation and monitoring plans; supplier readiness programmes; and to participate in the public procurement system.

To get the small businesses ready, Transnet formed partnerships with the South African Revenue Service, the National Youth Development Agency, the Small Enterprise Financial Agency and the Small Enterprise Development Agency, which will assist in providing accredited training programmes, registrations and capacity building to new and existing businesses.

by Marleny Arnoldi