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Electricity044 874 3917
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Published: 05 Apr 2017Title: Community invited to comment on Draft IDP and BudgetStatus: The Council of George Local Municipality invites all members of the community to comment or submit inputs in writing regarding the information pertaining to the Draft IDP and Budget before or on 8 May 2017. Please follow the link for more information: http://www.george.gov.za/download_document/2045
Published: 15 Nov 2016Title: Refuse Collection Dates April 2017Status: Please take note of the following with regards to refuse collection dates April 2017: 27/04/17 will be collected on 28/04/17 01/05/17 will be collected on 02/05/17
Published: 12 Oct 2016Title: Dam Level And Rainfall For The WeekStatus: Damvlak: 71.54 % Reënval vir die week: 2 mm (vanaf 13 April 2017) Dam Level: 71.54% Rainfall for the week: 2 mm (from 13th April 2017)
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George
Sunday17°C
Mon
Tue
Wed
Thu

Weather

Wilderness
Sunday28°C
Mon
Tue
Wed
Thu

Weather

Uniondale
Sunday9°C
Mon
Tue
Wed
Thu

Weather

Haarlem
Sunday5°C
Mon
Tue
Wed
Thu

Important numbers

Electricity 044 874 3917
Water / Sanitation 044 801 9262/9266
Fire 044 801 6311
Refuse Removal 044 802 2900
Traffic / Licence 044 878 2400 / 044 801 9315
George Law Enforcement 044 801 6350
GO GEORGE Call Centre 0800 044 044
George Municipality Switchboard 044 801 9111
10 May 2016

SME programme

Absa signs MOU with George Municipality

Absa Bank Ltd (Absa), a subsidiary of Barclays Africa Group Ltd, and the George Municipality have signed a three-year Memorandum of Agreement seeking to enhance the business capacity and acumen of Small and Medium Enterprises (SMEs), as well as increase their level of exposure to businesses which require their services.

Fifty SMEs, as identified by the George Municipality, are expected to participate in the programme. Those which are successful under the Municipality’s tender process, will be able to apply for loans from Absa in order to obtain working capital or expansion finance to meet their tender obligations.

Tshiwela Mhlantla, Provincial Managing Executive in the Eastern and Southern Cape says: “Absa believes in shared prosperity, and SMEs are productive drivers of inclusive economic growth and development. This partnership will extend the bank’s business banking services to the SMEs. It will also provide financial management and financial literacy training, which will be delivered by Absa Enterprise Development Centres.”

Executive Mayor for George, Ald Charles Standers noted that for George Municipality, economic transformation is a key priority. "Opportunities for local Small and Medium enterprises to participate in municipal supply chain system must be maximised and prioritised in line with the George Municipality’s PPPFA policy framework as well as our strategic objective of growing George. Assistance that empowers SMEs to fulfil their newly awarded tender obligations will certainly expedite the transformation process, " he said

In addition to the bank’s normal lending criteria, Absa’s Enterprise and Supply Chain Development unit has committed R250 million per annum in non-traditional lending aimed at the SME sector in South Africa. This is in order to fund SMEs that typically would not meet the normal lending criteria required by banks. Last year about 9 000 SMEs were funded.

Over and above the R250 million, Absa has created a suite of specialised non-traditional funding solutions to assist SMEs, as SMEs need more than just funding to succeed as they also have other challenges.

“SMEs experience a high failure rate owing to a lack of business and financial management skills. Accordingly, all funding advanced under the programme will be linked to a non-financial support package to improve the business owners’ management skills and to provide them with networking opportunities,” adds Mhlantla.

Small businesses also often struggle to penetrate existing markets, or create new ones, especially when competing against established businesses. All businesses assisted under the programme are offered access to Absa’s Procurement Portal - a virtual marketplace that links SME suppliers with blue-chip companies and government bodies. To date there are more than 41 000 SMEs and 5 900 corporate buyers actively using the portal.

In the photograph rom left back: Ms Carli Bunding-Venter, George Municipality LED Manager, Dr Willie Cilliers, George Business Chamber, Mr Brahm Ellie, Customer Network Guest Head: ABSA George, Mr Richard Shumi, Thembalethu Business Partnership, Mr Neil Meyer, Relationship Executive Business Banking: ABSA George, Mr Thembi Klaas, Head Public Sector: ABSA Eastern and Southern Cape.

 

Front from left: Mr Trevor Botha, George Municipal Manager, Ald Charles Standers, Executive Mayor of George, Ms Tshiwela Mhlantla, Provincial Managing Executive: ABSA Eastern and Southern Cape, Mr Simphiwe Funani, Head Business Banking: ABSA Eastern and Southern Cape

 

 

Last published 10 May 2016