Taxtwenty2 (Pty) Ltd

Business Location:	Rural area - Villages
Province	Mpumalanga
Branch:	Bushbuckridge
Business Start Date:
Busniess Type:	Company

Business Dynamics and Challenges

Business Activities: Currently the business operates within the waste recycling industry in Nkanini, Mpumalanga. The company’ s niche market is mainly glass bottles and jars from businesses. Waste is also up cycled into safe learning materials for schools and daycare centres.

Challenges/Needs:  Lack of business skills such as financial management, business planning administration and marketing.  Lack of knowledge of the market they are operating in.  Not profitable enough to be sustainable.  Lack of marketing strategies.  Access to funding.  Lack of access to local and international markets.  Inadequate equipment (office or operational).  Lack of mentorship and coaching.

Intervention Insights and Results

Intervention Details: • Asset Assist Support Programme approved for R227 803,00.
• Attended Quality Management System Training.
• Export Orientation Training.
• Basic Business Skills Training.
• FNB Financial Literacy.

Outcome Details: Taxtwenty 2 (Pty) Ltd created three jobs and sustained one job.
Taxtwenty 2 (Pty) Ltd turnover increased from R60 000,00 to R188 000,00 resulting to a change turnover increase of R128 000,00.
Through Asset Assist Support Programme, Taxtwenty 2 (Pty) Ltd managed to acquire production equipment such as bale machine, two parcel trolleys, wheelie bins and PPE for employees.

Client Feedback

Client Comments: Received a new bale machine, which is a key productivity equipment in the recycling sector.