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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


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


Thrip

The dti in partnership with North West Development Cooperation invites you to an industry and stakeholders workshop on Technology and Human Resources for Industry Programme (THRIP).

The aim of the workshop is to deepen understanding of THRIP and its requirements including how to complete the revised application form, project proposal and budget breakdown templates.

 

Date:      27 March 2017

Venue:   Rustenburg Old Town Hall

Time:     10:00- 14:00

 

For more information on this programme, download the briefing document here, or contact Mr Rego Ramong at the NWDC on 014 594 2570 or regor@nwdc.co.za

Kindly RSVP with  polokom@nwdc.co.za and AMasuku@thedti.gov.za (012  394  5346)


CANOSA COMPANY pic

A well-established, proudly South African ceramics brand is offering a serious investor a 70% stake in their company.
The company was established in 1970 and has been in operation for the past 47 years, manufacturing ceramic tableware and ovenware for the South African market.
They have established distribution agreements with a number of major retailers in South Africa, including Game, Makro and Pick ‘n Pay as well as wide network of direct marketing off-sets.
Investors are invited to submit an expression of interest to Mr Lovemore Makunike, Investment Faciliation Manager at the NWDC by contacting him on 014 594 2570 or by email: lovemorem@nwdc.co.za


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


13052213217453

The Research and Innovation division of the NWDC released its Economic Data Report for the third quarter of 2016/17.

The report highlights the current state of the global economy and also discusses South Africa’s Competitiveness according to the latest report released, and North West Province realities. These include World Economic Outlook projections, South African realities and North West Province policy guidelines on economic growth priorities.

Other focus areas include a section on Trade and Foreign Direct Investment

Download the full Economic Data Report 

 

 


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


study

Over half a million rand was pledged towards the Kgetsi ya Tsie Bursary Skills and Development Fund, during the first day of its launch.

The North West Development Corporation supports this noble provincial initiative.

During his state of the Province address on 6 March 2015, the Premier of Bokone Bophirima Province, Supra Obakeng Ramoeletsi Mahumapelo announced the intention of the Provincial Government to establish a provincial bursary fund to be known as Kgetsi-Ya-Tsie Education and Skills Development Fund.

The aim of the fund is to help hundreds of Bokone Bophirima students who struggle to pay their tertiary tuition fees, and assist in facilitating increased access to educational opportunities to the youth of Bokone Bophirima Province.

A massive capital injection and consistent contributions are therefore needed in order for the programme to realise its objectives.

NWDC appeals to all its stakeholders, clients, service providers and tenants to make a contribution as part of their corporate social responsibility programmes.  No donation will be regarded as too small.

Donations can be made at this account number:

Kgetsi Ya Tsie Educational and Skills Development Fund, ABSA Current Account number: 4086084212

Read a full article published by the South African government website


Premier Mahumapelo

NWDC’s staff and Acting CEO, Mr Lemogang Moletsane wish North West Premier Supra Mahumapelo a Happy Birthday!
Thank you for your visionary leadership and your  inspiring passion for our beautiful Bokone Bophirima Province.

 

May you enjoy many happy returns!

 





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