Tag Archive | Ithala Development Finance Corporation

Township and rural economies to change the development narrative

The face of township and rural economies where unemployment, poverty and inequality are still rampant is fast changing, thanks to a successful public-private partnership which recognises the potential for emerging enterprises to contribute towards job creation and the mainstream economy. To ensure their sustainability and competitiveness, government is intensifying its support to township enterprises. As […]

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Posted in SMMEs0 Comments

KZN businesswomen making strides in key economic sectors

The integration of women in the formal economy across a variety of sectors without hindrance will have far reaching effects for the overall economy of the country, says Ithala Development Finance Corporation. It is against this conviction that Ithala hosted the annual Imbokodo Iyazenzela Women in Business Awards, a public platform which acknowledges exceptional businesswomen. […]

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Facelift underway at Ithala’s northern region centres

Thousands of small, medium and micro enterprise businesses (SMMEs) are having to bear the brunt of economic uncertainty following reduced growth in household expenditure, rising unemployment, a decline in fixed investment activities and continued contraction in government consumption.  In addressing these challenges, Ithala Development Finance Corporation’s strategy is geared towards SMME and co-operative development which […]

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Ithala leads in women empowerment

Ithala Development Finance Corporation believes equal opportunities for women in the workplace will result in greater economic growth – and is leading by example. At least 53% of Ithala’s total staff complement is female – with 29% in executive management positions; 42% in top management and 35% in middle management.   The KwaZulu-Natal provincial development […]

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Mentorship programme gears rural women for business

A mentorship programme to capacitate KwaZulu-Natal rural and township women with business skills to realise their dreams of becoming entrepreneurs and enjoying a better quality of life has been made possible. Spearheaded by Ithala Development Finance Corporation, the mentorship programme is designed to help micro-level SMMEs grow and sustain their businesses. The initiative forms part […]

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Access to markets critical for SMME survival

Hundreds of small, medium and micro-sized enterprises (SMMEs) who battle daily to gain access to markets to ensure their profitability and sustainability have been thrown a lifeline, thanks to Ithala Development Finance Corporation. Limited access to markets is one of the key barriers to SMMEs developing and flourishing financially. Ithala is arranging for SMMEs to […]

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Sweet deal keeps cane growers and sugar industry afloat

The livelihood of about 58,000 people who contribute towards production of 20 million tonnes of sugarcane annually would have been compromised had it not been for the support provided by Ithala Development Finance Corporation. Sweet deal keeps cane growers and sugar industry afloat Bearing the brunt of a prolonged drought and an unfavourable economic climate […]

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My Business Indaba roadshow to empower youth, women, SMMEs

The call by government to develop township enterprises, co-operatives and SMMEs to revitalise township economies is fully supported at the highest levels by Ithala Development Finance Corporation. The KwaZulu-Natal provincial development agency is embarking on a province-wide roadshow this month incorporating its three flagship programmes – Inkunz’isematholeni Youth in Business Competition, Siyasebenza SMME workshops and […]

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Posted in Enterprise Development, Women, Youth Empowerment0 Comments

Women at the centre of Ithala’s growth strategy

Success is inevitable when stronger female participation is encouraged across all levels of an organisation and where men and women are given equal opportunity to achieve their full potential. An organisation that is seriously backing the advancement of women in the corporate and small business sector is Ithala Development Finance Corporation, KwaZulu-Natal’s provincial development agency. […]

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Posted in SMMEs, Women0 Comments

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