Twenty-one thriving small businesses have graduated from the rigorous two-year incubation programme offered by Property Point as part of the enterprise and supplier development initiatives of South African real estate leaders Growthpoint Properties and Attacq.
Together these successful graduating small and growing businesses have created 1,122 jobs, gained 135 new clients and accessed contracts valued at over R271 million.
The entire property industry stands to benefit from the services of these professional, experienced and innovative businesses, which all offer skills and services for the real estate sector. They are:
- TT Holdings owned by Thapelo Tlhapane
- Arebone Building and Cleaning Enterprise owned by Dwaine Moth
- Kusile Hygiene and Industrial Services owned by Olga and Sifiso Ncube
- Kgoano Infrastructure Solutions owned by Kate Morekhure
- Orizoe Services owned by Orianda Ntsompo
- Lazar Robotics and Welding owned by Ranzel Louw
- Mapitsi Holdings owned by Rahab Matebane
- Imbewenhle Airconditioning and Refrigeration owned by Trueman Myeza
- Koena Engineering and IT Solutions owned by Kagiso Mokoena
- Inzaghi Trading and Projects owned by Clive Mailula
- Mila Cleaning Services owned by Charlotte Khoza and Annemarie Mostert
- Sosha Facilities owned by Rupesh Nath
- Smith and Madisha owned by Alice Madisha
- Ndabendala Trading Enterprise owned by Thulani Mlotshwa
- DVY Properties and Maintenance owned by Vernon Govender
- Nonku Ntshona Associates and Quantity Surveyors owned by Nonkululeko Ntshona
- Thatego Holdings owned by Thabo and Dorcas Malefetse
- Makasela Air owned by Tiyani Khoza
- Twin Cities owned by Chris Ndongeni
- Ndzilo Fire Protection owned by Themba Ndlovu and Henchard Njoni
- TMT Cleaning owned by Mpho and Godfrey Sono.
2018 Marks a decade of impact for Property Point, which has been a driver of transformation and small business growth within the property industry over the 10 years since it was founded by Growthpoint in 2008.
In this time, it has created 2,066 full-time jobs and R865.6 million in procurement opportunities generated for the 130 SMEs that have participated in its two-year incubation programmes. These small businesses have reported 43% growth in revenue.
Shawn Theunissen, head of Property Point and Corporate Social Responsibility at Growthpoint, says: “We are incredibly proud of the achievements of the small businesses in the graduating class of 2018 and we celebrate their fundamental and exceptional growth. Property Point is also delighted to celebrate a decade of impact, during which we have become a leading partnership platform for both public and private participation in enterprise and supplier development for the property sector. From the start of our journey building sustainable small businesses, we have focused on the need to see and measure our impacts. As we say in property, we need to understand what the yield will be for our investment in small business. Just doing something isn’t enough, we want to achieve real growth and impact.”
Property Point’s graduating class of small businesses was celebrated at an inspiring ceremony where keynote speaker, musician and Mi Casa frontman, J Something, who has recently opened a restaurant, launched a book and appeared as a judge on My Kitchen Rules SA, inspired the graduates with the story of his own entrepreneurship journey.
The event was also attended by CEO of Growthpoint South Africa Estienne de Klerk and interim CEO and CFO of Attacq Melt Hamman, and representatives of both companies.
De Klerk, congratulated the entrepreneurs on graduating from the intense Property Point incubation programme. He pointed out that Growthpoint itself started small. In 2001, it owned only nine properties worth R100 million. Today, 17 years later, Growthpoint is the largest South African primary JSE-listed REIT and provides space to thrive in a diversified portfolio of 559 property assets, locally and internationally, with a total value approaching R130 billion.
De Klerk said: “Creating successful entrepreneurs and small businesses is absolutely essential for the success of South Africa. We as business, small and big, need to make a difference. To ensure that our economy moves in the right direction, we need to stand up, be brave, and change the way that we, as South Africans, see our place in the bigger scheme of the economy. We all need to contribute. This is why Growthpoint established Property Point and today its success has exceeded anything we thought possible.”
He added: “To achieve these positive economic impacts, collaboration is imperative, and I thank Attacq for partnering with Property Point. The result of our partnership is significant for small business development, but also for the future direction of the initiative itself. Shawn and I have a dream to roll out this initiative to the entire industry. There is increasing pressure on business to not only do good, but to prove and measure the difference they are making. No programme in the property sector is more successful at doing this than Property Point. It is very relevant for the industry today and, with even more collaboration, Property Point can become a powerful industry initiative.”
Hamman praised the entrepreneurs for the hard work they had put into building their businesses. As a relatively young business itself, Attacq has grown from no employees to 128 in a few years. Hamman believes that success in business is all about people, and how you manage and develop your employees. He encouraged the small businesses to create a community among themselves, their clients and suppliers, and to look after their staff and nurture the career aspirations of their people.
Hamman said: “Transformation is defined as a marked change in form and nature, and that is exactly what has happened in all the graduating businesses. They have experienced a material change in their businesses, the way they operate and their profitability. We are proud to honour these businesses and entrepreneurs. Over the past three years Attacq beneficiaries on the Property Point programme have generated turnover exceeding R112 million. The five businesses graduating from this Attacq enterprise and supplier development programme have created 295 full-time jobs, have produced sales close to R80 million and most of the business have increased their profitability by more than 200%. This is evidence of real transformation.”
He also congratulated Property Point for providing 10 years of excellent service to the property industry. “At Attacq, we believe in supporting small businesses. Property Point has a well-established and proven track record and has made a huge difference to empowerment and transformation in the sector. Collaborating with property leaders like Growthpoint helps us to develop the industry.”
Rewarding excellence, Property Point gave three outstanding graduates and four runners-up a combined R360,000 boost for their businesses – R70,000 for each winner and R50,000 for the runner-up position in each intake.
The top achiever among the five Attacq enterprise and supplier development graduates was TMT Cleaning and the runner-up was Makasela Air.
The top performer of the nine Growthpoint enterprise development graduates was Kusile Hygiene and Industrial Services, and sharing the award for the runner-up position were Arebone Building and Cleaning Enterprise and Kgoane Infrastructure Solutions.
Top out of the the seven Growthpoint supplier development graduates was Mila Cleaning Services, and the runner-up was Ndabendala Trading Enterprise.
In addition, several special awards were given by Property Point for outstanding achievement by the graduating small businesses. The awards were given to Imbewenhle Airconditioning and Refrigeration, Mila Cleaning Services, and Thatego Holdings for brand ambassadorship. TMT Cleaning scooped the innovation award, Koena Engineering and IT Solutions won the wealth creation award and Kusile Hygiene and Industrial Services received the job creation award.