Holdings (Telesure), which owns and operates several of South Africa’s leading
insurance brands, has teamed up with Firstassist to launch an
initiative to assist Black-owned Exempted Micro Enterprises take their business
to the next level.
The initiative has been endorsed by the Minister of Small
Business Development, Ms Lindiwe Zulu as a major breakthrough for the towing
According to Nkuli Maninjwa, Telesure’s Group Transformation Manager: “We have procured roll-back tow trucks which will be given to 22 black-owned towing companies on an interest-free loan basis. This is our opportunity to lend a hand – Thuma Mina – to those who, without the right financial or business backing, may never have realised their full potential. By providing a solid foundation for aspiring young South Africans, we are unlocking our country’s greatest potential – its people.”
The initiative forms part of Telesure’s Enterprise and Supplier
Development programme, Sisekelo.
“From a macroeconomic perspective, Sisekelo aims to stimulate the growth
of SMEs, with the view to positively impact South Africa’s unemployment rate
and economic development. On the microeconomic side, it is an opportunity for
Telesure to expand its distribution footprint and ultimately, contribute
towards the advancement of entrepreneurship,” says Maninjwa.
Minister Zulu said, “As the Minister of Small Business Development,
mandated to create a conducive ecosystem for SMMEs to grow, it is an honour for
me to be involved in this initiative as SMMEs remain the back bone of our
country’s economy. Whilst much has been achieved to support local SMMEs, our
view is that much more can be done through strategic partnerships and
collaboration especially with the Private Sector.”
Diana Brophy, CEO of Firstassist, concludes: “At Firstassist, we support many small, black owned towing operators around the country and understand their daily difficulties and costs associated with maintaining an aging fleet. The impact on these new vehicles will have positive influence and we are extremely privileged to be associated with this initiative”.
— Arrive Alive (@_ArriveAlive) October 28, 2016
The post Initiative to assist black-owned towing companies launched appeared first on Truck and Freight Information Online.