Launch of SAICA Enterprise Development will create greater impact in SMME development


Johannesburg 6 March 2018, saw the official launch of SAICA  Enterprise Development. A wholly owned subsidiary of The Hope Factory NPC,  which is consolidated into the South African Institute of Chartered Accountants  (SAICA). The sole purpose of this entity is to play an active role in economic  transformation in South Africa, through advancing the sustainable growth of  entrepreneurial Black businesses (as defined by the B-BBEE Codes). 

As part of the  responsible leadership objectives, SAICA remains committed to the National  Development Plan of rallying behind a united vision for South Africa's  development. One of the key focuses of which is to increase  entrepreneurial interest and enhance Black SMMEs' ability to become sustainable  businesses. Only through the increase of sustainable  SMMEs will new employment opportunities be created. 

SAICA Enterprise Development offers  flagship and customised Enterprise and Supplier Development programmes  (previously housed under The Hope Factory) and Accounting Support Initiatives.  Socio-Economic Development offerings remains  under The Hope Factory. 

Says CEO of SAICA Enterprise Development,  Annie McWalter, “We are thrilled to have launched SAICA Enterprise Development.  Developing SMMEs is our passion and expertise, and we look forward to  partnering with SAICA's Small Medium Practices (SMPs) to achieve financial  excellence in the SMME sector.”

Guest speaker Thakhani Makhuvha, CEO of the Small Enterprise  Finance Agency (sefa) says, “Our partnership with SAICA is one of the longest  serving relationships since the establishment of sefa in 2012. The launch of  SAICA Enterprise Development is a consolidation of all its Enterprise Development  activities. We believe that this is a great move as it will enable the  institute to have a focused approach when delivering the much needed business  development support services to SMMEs.” 

Says Fanisa Lamola, Executive Director for  Corporate Services at SAICA, “We firmly  believe that greater heights will be conquered by bringing together on one  platform the wealth of knowledge of our SMP members, the experiences from The  Hope Factory and the Enterprisation journey travelled, and the working  relationship already established with our partners. This we believe is what  will make SAICA Enterprise Development (Pty) Ltd a success.”


SAICA Enterprise Development media contact:

Marketing Manager: Jessica Cilliers

jessicac@saicaed.co.za

011 479 0609


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