Limpopo Business 2017-18 edition
A unique guide to business and investment in Limpopo. Limpopo Business 2017/18 is the ninth edition of this highly successful publication that has, since its launch in 2007, established itself as the premier business and investment guide to the Limpopo Province. This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo. This book contains detailed insights into the plans of the Limpopo Economic Development Agency (LEDA) and the recently launched bus rapid transport system for the provincial capital, Leeto la Polokwane, together with a comprehensive register of all provincial government and municipal contact details. Investment news related to mining, telecommunications and tourism is carried in overviews of all the main economic sectors. To complement the extensive distribution of the print edition of the magazine, the publication is also available online at www.limpopobusiness.co.za.
A unique guide to business and investment in Limpopo.
Limpopo Business 2017/18 is the ninth edition of this highly successful publication that has, since its launch in 2007, established itself as the premier business and investment guide to the Limpopo Province. This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo.
This book contains detailed insights into the plans of the Limpopo Economic Development Agency (LEDA) and the recently launched bus rapid transport system for the provincial capital, Leeto la Polokwane, together with a comprehensive register of all provincial government and municipal contact details. Investment news related to mining, telecommunications and tourism is carried in overviews of all the main economic sectors.
To complement the extensive distribution of the print edition of the magazine, the publication is also available online at www.limpopobusiness.co.za.
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FOCUS<br />
capital finance product, the client<br />
must prove that they have a<br />
market for the product or service.<br />
In addition, says Khosa, “LEDA<br />
will go and verify that this is a legitimate<br />
business with an on-site<br />
inspection.” Then money can be<br />
released to buy stock or building<br />
materials.<br />
LEDA has <strong>Business</strong> Origination<br />
Officers who take clients through<br />
the qualification criteria required<br />
when an application is made. Any<br />
one of these types of business<br />
ownership models can apply:<br />
sole trader; close corporation;<br />
private company; co-operative.<br />
Partnerships, policies<br />
and profit<br />
LEDA has entered into several<br />
partnerships as it extends and<br />
diversifies its funding portfolio.<br />
These include large companies<br />
such as Foskor, the Dwarsriver<br />
mine near Steelport, provincial<br />
government departments, various<br />
municipalities, ABSA bank<br />
and the Industrial Development<br />
Corporation (IDC).<br />
The credit policy and the<br />
Credit Procedure Manual are under<br />
consideration by the approval<br />
authority. During the previous financial<br />
year, LEDA had a return<br />
on investment in the Enterprise<br />
Development and Finance<br />
division of R4-million.<br />
NEW BUSINESS<br />
Projected cash flow statement –<br />
12 months<br />
Projected financial statements –<br />
3 years<br />
Interim financial statements<br />
Current budget<br />
Bank statement<br />
Criteria for funding<br />
• The business must be<br />
registered<br />
• Tax clearance certificate from<br />
the relevant authorities is<br />
required<br />
• Non-refundable application<br />
fee. (R500 - R5 000)<br />
• Management must comply<br />
with the business statues of<br />
South Africa<br />
• Viable business plan or<br />
company profile:<br />
EXISTING BUSINESS<br />
Cash flow projections – 12 months<br />
Financial statements - 3 years<br />
Projected financial statements -<br />
3 years<br />
Interim financial statements<br />
Current budget<br />
Bank statements (3 months)<br />
BUSINESS AND TECHNICAL TRAINING<br />
OFFERED BY LEDA EDFD<br />
• Public service supply chain procedure and related processes<br />
• Development of business plan<br />
• <strong>Business</strong> customer relations<br />
• <strong>Business</strong> marketing<br />
• Understanding income tax<br />
• Project management<br />
• Financial management<br />
• <strong>Business</strong> cost determination and pricing<br />
• Automotive<br />
• Construction and building related vocation skills including,<br />
bricklaying, plastering, carpentry, plumbing, electrical and<br />
welding<br />
• Hospitality<br />
• Farming and agricultural training<br />
BUSINESS<br />
SUPPORT OFFERED<br />
BY LEDA EDFD<br />
• Co-operative development<br />
• <strong>Business</strong> incubation<br />
• <strong>Business</strong> advisory services<br />
• <strong>Business</strong> registration and<br />
statutory compliance<br />
• Development of business<br />
plans and profiles<br />
• <strong>Business</strong> linkages<br />
• Mentoring and counselling<br />
27<br />
LIMPOPO BUSINESS <strong>2017</strong>/<strong>18</strong>
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