Khosie Creations
Business Location: | Township |
Province | Western Cape |
Branch: | City of Cape Town |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Khosie Creations (Pty) Ltd manufactures clothing and accessories. The Khayelitsha based business started operating in 2018 under the ownership of Nonkosazana Tshaka. She started rafting patterns to learn how to stitch using her mother’s sewing machine at a tender age. Nonkosazana has more than 7 years of experience in clothing and textiles industry. In 2021,
the business acquired funding through Township and Rural Entrepreneurship Programmes (TREP). Recently the business got the opportunity to be interviewed on Gugs FM following the POP-UP activation mall held in December 2023 at Maynard Mall in Wynberg.
Challenges/Needs:
Lack of compliance.
Intervention Insights and Results
Intervention Details:
Facilitation of tax compliance through South African Revenue Service (SARS).
Outcome Details:
• Revenue increase from R 27 100 to R 120 970,50, an increase of 346.39%, and
• Employment increase from 2 to 3 staff members.
• Employment increase from 2 to 3 staff members.
Client Feedback
Client Comments:
“The financial clean up assisted my business in a way that I started understanding how to take care of the business financial wellbeing and how to make sure I always separate personal and business income. The interventions illustrated how important it is to always make sure business transactions go through the business bank account. More importantly the process helped me to be up to date with my returns as I was struggling because getting an accountant is a bit expensive.”