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 />
Risima Housing and<br />
Finance Corporation<br />
Providing access to housing and unlocking<br />
value in rural areas.<br />
The Risima Housing and Finance Corporation, a subsidiary of <strong>Limpopo</strong><br />
Economic Development Agency (LEDA), exists to provide<br />
housing finance for citizens of <strong>Limpopo</strong>. The word Risima is derived<br />
from the Tsonga word for “value”.<br />
The CEO of the organisation, Dr Shima Nokaneng, says that the particular<br />
target market is the lower-income group, who “sometimes have<br />
challenges getting approvals from commercial banks”.<br />
A primary focus for Risima is the “gap” market. This refers to prospective<br />
home owners who earn too much to qualify for state assistance (for example,<br />
RDP housing) but not enough to qualify for mortgage loans. Typically,<br />
this covers incomes ranging from about R3 500 to R15 000 per month.<br />
Partnerships<br />
Two important programmes are run by Risima in conjunction with<br />
national and provincial government departments.<br />
Government Employees Housing Scheme (GEHS): Together with<br />
the National Department of Public Service and Administration, Risima<br />
arranges for a non-mortgaged financial<br />
product to assist government<br />
employees get a foot on the<br />
property ladder.<br />
Dr Nokaneng reports that a<br />
default rate of less than 2% proves<br />
the value of such a scheme: “Our<br />
advantage is that we target government<br />
employees which helps<br />
to reduce risk. Applicants have<br />
to be employed with a good<br />
credit risk and then we check affordability<br />
and match that with<br />
documentation such as payslips.”<br />
Finance Linked Individual<br />
Subsidy Programme (FLISP): In<br />
partnership with the <strong>Limpopo</strong><br />
Department of Cooperative<br />
LIMPOPO BUSINESS <strong>2017</strong>/<strong>18</strong><br />
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