Vuka Sbeko Trading (Pty)Ltd

Business Location: Rural area - Villages
Province Mpumalanga
Branch: Nelson Mandela Bay
Business Start Date:
Busniess Type: Company

Business Dynamics and Challenges

Business Activities: Plumbing, Garden Services, Welding, Construction & Building Maintenance.
Challenges/Needs: The company lacked financial strength to expand the business.

Intervention Insights and Results

Intervention Details: To address the challenges above, Seda assisted Vuka Sbeko Trading (Pty) Ltd with facilitating the Premiers Youth Development Fund (PYDF) application process and submitted all the compliances.
Outcome Details: The turnover increased from R 1 656 658,00 to R1 972 318,00.
However, employees stayed the same.
The company received the grant funding worth R2 500 000,00. Machinery amounting R2 300 000,00 and working capital of R200 000,00.

Client Feedback

Client Comments: “Vuka Sbeko Trading (Pty) Ltd, we are thankful for the support you are giving us”
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