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warning-scam-alert

The NWDC wishes to advise its clients and the public to be wary of a tender scam that it has uncovered.

Fraudsters would email or contact small business owners informing them that they had been issued a government tender, usually to the value of a large amount.

The tender documents pretend to be issued by national government departments, even showing their logos.

Such an email with seemingly genuine documentation would be sent to the business, despite the fact that the owner had not formally submitted any bidding documents, nor attended a tender briefing meeting.

Click here to download an example of such fraudulent documents that were sent to an unsuspecting NWDC client.

The NWDC advises all business owners to exercise extreme caution when receiving such, or similar correspondence.  Should a client be uncertain whether such documentation is authentic, they are encouraged to contact their nearest NWDC branch and ask for the assistance of the NWDC’s Small Business Division.

Red lights to look out for include:

  • A business cannot be informed that it has been awarded a tender or even a purchase order if it did not formally apply by means of submitting formal bidding documents or a formal quotation (You cannot be awarded a tender “out of the blue”)
  • The tender awarded is for a service or product that the client does not supply, thus third-party suppliers are suggested (who are in cahoots with the fraudsters, in this case, all of them were businesses based in Cape Town…)
  • Strange email addresses are used in the correspondence – such as an address ending on    .gov.co.za
  • Blurred or poor quality logos being used
  • Poor spelling and grammar
  • Unconventional (dodgy) delivery addresses are provided for the products required

 

Please consult the nearest branch of the NWDC should you have received such correspondence or email tsakanem@nwdc.co.za


1. IMG_9533_Sod Turning Ceremony. - Copy

The Department of Culture, Arts and Traditional Affairs (CATA) requested the NWDC to construct libraries using an Alternative Building method.  The beneficiaries of this programme will be the local communities in the VTSD areas of Stella and Derby.

On 14 February 2018, the Stella sod-turning took place with the Derby event scheduled to take place at a later date.

Present at the ceremony was the Honourable MEC for CATA Ms Ontlametse Mochware accompanied by the Mayor. The public and learners were also in attendance.

The NWDC as an implementing agency of government is fulfilling its mandate in line with the Five Provincial Pillars and growing Villages, Townships and Small Dorpies (VTSDs).

The project was handed over to NWDC for implementation and the contractor is on site to commence.

The project is envisaged to be completed in the 2018/2019 financial year.

 

____________________

For more information on the project or about the Alternative Building materials, contact:

Tshepo Shai: Project Manager, NWDC

017 422 0067/8/9


NWAF logo

Bokone Bophirima Premier Supra Mahumapelo and North West MEC for Rural, Environment and Agricultural Development (READ), Ms Manketsi Tlhape will on Tuesday, 13 February 2018 officially launch the North West Agricultural Fund, (NWAF).

In line with the National Development Plan and provincial priorities anchored in the five concretes, the NWAF is geared at mobilising financial resources and providing financial and supportive services to farmers and agribusiness entrepreneurs and towards rural, environment and agricultural development in Bokone Bophirima Province.

It is in the operationalisation of the fund, that the North West Development Corporation (NWDC) is proud to be an implementing agent to the Department for Rural, Environment and Agricultural Development (READ).

In fulfilling a partnership role in the NWAF, the NWDC shall be observing its mandate to plan, finance, coordinate, promote and carry out economic development projects for the Province and its people in the fields of industry, commerce, farming, finance, mining and other business, resulting in creation of wealth and jobs. This mandate positions the NWDC to be a key implementer of strategic projects within the province.

In essence, the NWAF is mandated to provide funding to farmers in respect of agricultural development with a particular emphasis on previously disadvantaged individuals.

The NWAF shall plan, execute, finance and monitor the implementation of agricultural development projects and programmes in the Province.  To meet the needs and expectations of aspiring farmers of the Bokone Bophirima Province, the NWAF will be equipped with the latest technology and the necessary resources. The fund shall utilise a sound business model which shall place emphasis on bringing new players into the mainstream of the agricultural sector as a priority.

Said NWDC CEO, Tshepo Phetla: “The North West Development Corporation is honoured to be an implementing partner to the North West Agricultural Fund. By supporting agricultural projects and overseeing the funding thereof, we are contributing to economic development, sector growth, food security and trade. In doing so, collectively, we are addressing the triple challenge of poverty, inequality and unemployment.”

Within the NWDC, the task team members to the implementation of the Agri-Fund are Ms Lungelwa Sonqishe (CFO), Mr Tshepo Shai (Project Manager) and Mr Itumeleng Ditlhoiso (Manager: Small Business Development).

Considering that the NWAF is a joint project including a selection of partners, stakeholders and sponsors, READ as the leading partner, shall coordinate the participation of all involved, including the NWDC. As such, exact roles and responsibilities of parties shall be outlined and governed by Memoranda of Understanding to be agreed upon and entered into by the parties.

 

For more information on NWDC’s role in the NWAF, contact:

Tshepo Shai: Project Manager, NWDC

017 422 0067/8/9


AWEC Application Graphic Twitter

Are you a woman entrepreneur seeking to advance your leadership, strategy and business management skills? Are you interested in connecting with other women business owners from across the African Continent and being coached by a mentor?

Applications are now open for a one-of-a-kind 12-month business training programme, through the AWEC.

Who Should Apply

AWEC is designed for women from across Africa and its diaspora who run star-tup or growth stage companies in any industry. Those who are interested in increasing their business management skills and growing their networks are encouraged to apply for the inaugural programme year. Aspiring entrepreneurs with business experience, an idea for a venture, and a passion for entrepreneurship are also eligible for the programme.

Programme Benefits

Upon successful completion of the 12-month program, participants will:

  • Gain access to a network of like-minded African entrepreneurs as well as a group of world-class global business mentors
  • Strengthen strategy, leadership and business management skills to foster sustained growth
  • Develop a toolkit of soft skills, including self-confidence, resilience, collaboration, and global communication to grow as a leader and successful entrepreneur

The application period closes on 14 February 2018 and the programme begins on 3 April 2018.

Read more and apply here:  www.thecge.net/awec/

AWEC is a Center for Global Enterprise initiative – www.thecge.net


for-rent-advert_mogwase

NWDC has three large retail shops available to let in the Mogwase Shopping Complex.

The Mogwase Shopping complex is situated in the centre of Mogwase, in close proximity to municipal offices, magistrate’s court, the police station and public transport, and merely 17 kilometres from the Sun City Complex.

The available retail spaces are:

  • Shop number 7.  Size:  679m² @R52.33/m²   (Ideal for sports betting or a fitness studio/gym )
  • Shop number 6.  Size:  256m²  @ R63.68/m²
  • Shop number 8a. Size:  311m² @ R48.26/m²   (Ideally situated for a bank or financial institution)

 

Rental prices indicated above exclude VAT.

Rental enquiries:

Queen Kgetsi

082 908 4658

014 555 7890

queenk@nwdc.co.za


world-econ-forum-global-competitiveness-report

The latest edition of the Global Competitiveness Report (2016- 201) has been released by the World Economic Forum.

This report is used globally by industry leaders and companies considering investment destinations.

The Global Competitiveness Report 2016 – 2017 by the World Economic Forum (WEF) assesses the competitiveness of 138 economies, providing insight into the drivers of their  productivity and prosperity by measuring over 100 indicators.

South Africa ranked no 56 in 2014,  and improved with nine positions to 47 in 2016.

 

The summary of South Africa is on page 325 of the report.

Here are the highlights of South Africa including the following positive rankings:

  • Strength of auditing and reporting standards (1st )
  • Protection of minority shareholders interest (1st ),
  • Efficacy of corporate boards (3rd ),
  • Financing through local equity market (1st ),
  • Financial services meeting business needs (2nd )
  • Soundness of Banks (2nd)
  • Regulation of securities exchange (3rd),
  • Effectiveness of anti-monopoly policy (7th),
  • Efficiency of legal framework in settling disputes (9th)
  • Quality of air infrastructure transport (10th)
  • Ease of access to loans (12th)
  • Judicial independence (16th)
  • Extent of Marketing (16th)
  • Quality of management schools (21st)
  • Internet bandwidth (21st).

 

South African points for improvement include:

  • Cooperation in labour-employer relationships (138th )
  • Quality of maths and science education (138th )
  • Tuberculosis incidence (137th )
  • HIV prevalence (135th )
  • Flexibility of wage determination (135th )
  • Hiring and firing practices (135th )
  • Quality of Education system (134th )
  • Business cost of crime (133rd  )

 

DOWNLOAD THE FULL GLOBAL COMPETITIVENESS REPORT HERE


NWDC Media Briefing on Christiana2

The Chairperson of the NWDC Board of Directors, Mr Bheki Khumalo  addressed  the media on the Christiana Hotel and Game Farm.  This was done during a media  briefing held at the NWDC Regional Offices in Mahikeng on 25 November.

Said Bheki Khumalo: “The North West Provincial government in line with its focus on villages, townships and small dorpies (VTSD) and the sectors of agriculture, culture and tourism (ACT) identified the resort as an integral asset for the growth of the area and thus mandated the NWDC to bid for the property.”

“The Christiana hotel has in the meantime been upgraded and is being maintained, and its 46 suites, which include 12 standard rooms, 16 luxury rooms, 5 executive rooms and 13 superior family suites are ready for occupation. The resort further has a functional restaurant and conference centre, while minor upgraders to the three outdoor swimming pools, indoor pool and theatre are being carried out.”
“We are proud to announce that the Christiana Hotel resort is open to both business and leisure travelers and is accepting bookings and generating revenue.”

During the briefing session Mr Khumalo refuted earlier accusations made in the media regarding the purchase and allegations regarding game.

“The NWDC, through its Chairperson of the Board, Mr Khumalo, now clearly states that during the time of the auction, the white lions and rhinos referred to were not included in the auction list; as they were not part of the game farm by the time of the auction.

*Download the full media statement
*Download the Fact Sheet on the Christiana Hotel and Game Farm

 

NWDC Media Briefing on Christiana_smaller for web

 


schweizerreneke_map

The Mamusa Local Municipality, within the Dr Ruth Segomotsi Mompati District  in the North West province offers a number of investment opportunies.  The municipality comprises the towns Schweizer-Reneke and Amalia.

The types of economic activities include  agriculture, development of a mall, fuel stations, manufacturing and agri-processing.

Schweizer-Reneke has the potential to accommodate additional trade space between 2 000m2 and 15 000m2  over the next 15 to 20 years. Trade types include wholesale and retail trade, catering and accommodation as well as automotive trade.

There are three options offered by the municipality for land distribution, namely:  public private partnerships (PPP), leasing, or buying. The municipality invites formal letters of request accompanied by a formal proposal.

Click here for full detail on the available opportunities in industrial, retail and residential

Interested parties are invited to contact the NWDC’s investment office on 014 594 2570. Ask to speak with Mr Lovemore Makunike.

Schweizer Reneke locomotive_ Jacque Wepener Jun 2012

Schweizer Reneke locomotive_Author Jacque Wepener Jun 2012

 


CEO and CFO small.

The Board of NWDC has appointed Mr Lemogang Moletsane as the Interim CEO and Mr Bafana Mabale as the interim CFO for the NWDC,  effective immediately.

This interim arrangement will remain in place for the duration of time that the current CEO and CFO are on leave. (more…)





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