Sibakhe Holdings (PTY) Ltd
| Business Location: | Township |
| Province | Mpumalanga |
| Branch: | Nkangala |
| Business Start Date: | 2020-03-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Tshisanyama & Fast-foods, Canteen, Catering, and Event Management services,
Challenges/Needs:
Access to Funding.
The business had only one Mobile Kitchen to provide canteen services for two sites that was awarded to the company. Client approached Seda Nkangala Branch for assistance to access funding to acquire a second Mobile Kitchen so as effectively service both sites allocated to the company.
Intervention Insights and Results
Intervention Details:
Facilitation of Access to Funding – Asset Assist Support Programme.
Seda assisted the business to successfully access grant funding through the Seda’s Asset Assist Support Programme that enable the business to acquire the much-needed equipment (Mobile Kitchen) to scale up the business.
Seda assisted the business to successfully access grant funding through the Seda’s Asset Assist Support Programme that enable the business to acquire the much-needed equipment (Mobile Kitchen) to scale up the business.
Outcome Details:
How has Seda’s Intervention benefited the client?
Following SEDA’s intervention support with access to funding (Asset Assist Grant Funding Support Programme, the business was able to:
1. The business was able to acquire an additional Mobile
Kitchen for the second operational site that was awarded to
the company to provide canteen services for mining staff
and truck drivers.
2. Increased its turnover from R145 000,00 (as at the previous
Assessment date) to R198 000,00 (as at the current
Improvement Assessment date).
3. Increase employment from 02 employees (as at the
previous assessment date) to 03 employees (as at the
current Improvement Assessment date).
Following SEDA’s intervention support with access to funding (Asset Assist Grant Funding Support Programme, the business was able to:
1. The business was able to acquire an additional Mobile
Kitchen for the second operational site that was awarded to
the company to provide canteen services for mining staff
and truck drivers.
2. Increased its turnover from R145 000,00 (as at the previous
Assessment date) to R198 000,00 (as at the current
Improvement Assessment date).
3. Increase employment from 02 employees (as at the
previous assessment date) to 03 employees (as at the
current Improvement Assessment date).
Client Feedback
Client Comments:
"Thank you profoundly for the help you’ve given to our Business"
