Thuto and Bokamoso Pty Ltd
| Business Location: | Township |
| Province | Free State |
| Branch: | Lejweleputswa |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
A maintenance company based in the Free State province of South Africa, specializing in steel structures and engineering services. Their core expertise lies in servicing and maintaining critical components within the gold mining sector, such as hoppers, steel structures, and roller backs. They also manufacture burglar proofing, carports, palisade fencing and security doors.
Challenges/Needs:
The main challenge the business faced was the lack of funds to buy equipment as well as not having a business plan to apply for funding or other opportunities that require a business plan.
Intervention Insights and Results
Intervention Details:
We assisted Mr Sigade with a business plan to apply for funding and other opportunities.
Outcome Details:
Sedfa’s Intervention benefited the client in the following ways:
❖ The turnover improved from R0 to R 396 000.
❖ The employment increased by 2 people (currently 3 people).
❖ Boosted cash flow thanks to increased turnover.
❖ Able to apply for funding and other opportunities.
❖ Applied for vendor numbers at Sibanye Gold and were approved.
❖ The turnover improved from R0 to R 396 000.
❖ The employment increased by 2 people (currently 3 people).
❖ Boosted cash flow thanks to increased turnover.
❖ Able to apply for funding and other opportunities.
❖ Applied for vendor numbers at Sibanye Gold and were approved.
Client Feedback
Client Comments:
I am looking to transform my business to enable me to apply for opportunities for entrepreneurs. I need to be compliant and have all the required documents in place should opportunities come my way. Sedfa assisted me with a business plan to apply for funding and other opportunities. Thank you.
