Facilities & Property Management News South Africa

Property Point incubation programme celebrates 21 SME graduates

Twenty-one small businesses have graduated from Property Point's two-year incubation programme. The initiative forms part of the enterprise and supplier development initiatives of South African real estate entities Growthpoint Properties and Attacq.
Property Point incubation programme celebrates 21 SME graduates

The SME graduates are:

1. TT Holdings owned by Thapelo Tlhapane
2. Arebone Building and Cleaning Enterprise owned by Dwaine Moth
3. Kusile Hygiene and Industrial Services owned by Olga and Sifiso Ncube
4. Kgoano Infrastructure Solutions owned by Kate Morekhure
5. Orizoe Services owned by Orianda Ntsompo
6. Lazar Robotics and Welding owned by Ranzel Louw
7. Mapitsi Holdings owned by Rahab Matebane
8. Imbewenhle Airconditioning and Refrigeration owned by Trueman Myeza
9. Koena Engineering and IT Solutions owned by Kagiso Mokoena
10. Inzaghi Trading and Projects owned by Clive Mailula
11. Mila Cleaning Services owned by Charlotte Khoza and Annemarie Mostert
12. Sosha Facilities owned by Rupesh Nath
13. Smith and Madisha owned by Alice Madisha
14. Ndabendala Trading Enterprise owned by Thulani Mlotshwa
15. DVY Properties and Maintenance owned by Vernon Govender
16. Nonku Ntshona Associates and Quantity Surveyors owned by Nonkululeko Ntshona
17. Thatego Holdings owned by Thabo and Dorcas Malefetse
18. Makasela Air owned by Tiyani Khoza
19. Twin Cities owned by Chris Ndongeni
20. Ndzilo Fire Protection owned by Themba Ndlovu and Henchard Njoni
21. TMT Cleaning owned by Mpho and Godfrey Sono

“We are incredibly proud of the achievements of the small businesses in the graduating class of 2018 and we celebrate their fundamental and exceptional growth," said Shawn Theunissen, head of Property Point and corporate social responsibility at Growthpoint.

The graduation ceremony was attended by CEO of Growthpoint South Africa Estienne de Klerk and interim CEO and CFO of Attacq Melt Hamman, and representatives of both companies.

De Klerk congratulated the entrepreneurs on graduating from the intense Property Point incubation programme and went on to say, “Creating successful entrepreneurs and small businesses is absolutely essential for the success of South Africa. We as business, small and big, need to make a difference. To ensure that our economy moves in the right direction, we need to stand up, be brave, and change the way that we, as South Africans, see our place in the bigger scheme of the economy. We all need to contribute. This is why Growthpoint established Property Point and today its success has exceeded anything we thought possible.”

Transformed businesses

Hamman also praised the entrepreneurs for the hard work they had put into building their businesses: “Transformation is defined as a marked change in form and nature, and that is exactly what has happened in all the graduating businesses. They have experienced a material change in their businesses, the way they operate and their profitability. We are proud to honour these businesses and entrepreneurs.

"Over the past three years Attacq beneficiaries on the Property Point programme have generated turnover exceeding R112m. The five businesses graduating from this Attacq enterprise and supplier development programme have created 295 full-time jobs, have produced sales close to R80m and most of the businesses have increased their profitability by more than 200%. This is evidence of real transformation.”

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