Tshibalo bricks and aggregates
Business Location: | Rural area - Villages |
Province | Limpopo |
Branch: | Vhembe |
Business Start Date: | 2016-03-01 |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Manufactures bricks, Road Kerbs and hires our\t earth moving equipment's.
Challenges/Needs:
1. Financial recordings were not in order as records were not kept properly.
2. Shortage of equipment which resulted in poor and low production.
3. The business had no quality management systems.
4. Branding and marketing of the business was limited.
5. The business was not registered with NHRBC and CIBD tendering compliance
Intervention Insights and Results
Intervention Details:
• A once-off financial cleanup.
• Application for Technology Transfer Funding.
• Seda also assisted Tshibalo Brick and Aggregates with business training.
• EMPRETEC training
• Coaching for 12 months
• Development of signage and promotional materials
• Quality management training
• Application for Technology Transfer Funding.
• Seda also assisted Tshibalo Brick and Aggregates with business training.
• EMPRETEC training
• Coaching for 12 months
• Development of signage and promotional materials
• Quality management training
Outcome Details:
.1. The business received funding amounting to R 584,623 in 2021 through
2 Technology Tranfer Assistance.
3 The business acquired new machines and moulds which has assisted the
business to expand its production.
4 The business experienced an increase in sales. The business turnover has
increased from R 614,640.00 in 2019/2020 to R3 230 481 in 2023/24.
5 The business has increased the number of employees from 5 to 20, including the
owner.
6 Tshibalo Bricks has secured a contract with Reubex Construction for value of R 1 627 455.00 (excl VAT) and another contract with TAINAMA CIVILS to an amount of R821 100.00.
2 Technology Tranfer Assistance.
3 The business acquired new machines and moulds which has assisted the
business to expand its production.
4 The business experienced an increase in sales. The business turnover has
increased from R 614,640.00 in 2019/2020 to R3 230 481 in 2023/24.
5 The business has increased the number of employees from 5 to 20, including the
owner.
6 Tshibalo Bricks has secured a contract with Reubex Construction for value of R 1 627 455.00 (excl VAT) and another contract with TAINAMA CIVILS to an amount of R821 100.00.
Client Feedback
Client Comments:
“We appreciate the work that Seda Business Advisors are doing”